$319.77
Closed
-(-)

At close

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About

Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 13,800 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category provides solutions and services that enable the design and verification of complete electronic systems, from PCBs to complex system assemblies. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things, and artificial intelligence (AI).
Country

US

CEO

Dr. Anirudh Devgan

IPO date

1988

Employees

13,800

ISIN

US1273871087

Key stats

Open

$314.50

Volume

2.15M

Market cap

$87.86B

Prev. close

$319.02

Impl / hst vl

-

Open interest

$0.00

$312.15

Day’s Range

$319.99

$262.75

52W Range

$416.69

Valuation

61
Valuation score
Undervalued
P/E
64.71
P/S
15.27
P/B
13.00
Current ratio
1.74
Debt / Equity
0.36
ROE
22.88%
Gross margin
84.90%
Income growth
9.36%
FCF growth
87.43

Analysts estimates

Consensus rating
Buy

The average rating from top 20 analysts indicates that stock is expected to perform in line with the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$412.56
The top 28 analysts forecasts that 12-month price may increase by 29.02%, with a low of $303.00 and a high of $493.50
$303.00
Low
$412.56
Avg
$493.50
High
Current price

Earnings

Q2 ‘26 revenue
$1.58B
Q2 ‘26 net income
$367.08M
Revenue
Net income
Previous EPS
$1.96
Estimate EPS
$2.10
Actual EPS
Estimate EPS
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