304.68

1.75% -5.42

After Hours: 304.68

Cadence Design Systems Inc (CDNS)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split

Cadence Design Systems Inc stock is traded at $304.68, with a volume of 898.69K. It is down -1.75% in the last 24 hours and up +18.41% over the past month. Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.

Previous Close:

$310.10

Open:

$308.22

24h Volume:

898.69K

Relative Volume:

0.49

Market Cap:

$83.33B

Revenue:

$4.35B

Net Income/Loss:

$1.04B

P/E Ratio:

86.80

EPS:

3.51

Net Cash Flow:

$952.07M

1W Performance:

+0.22%

1M Performance:

+18.41%

6M Performance:

+3.53%

1Y Performance:

+12.20%

1-Day Range:

$302.49

$308.86

1-Week Range:

$300.95

$316.37

52-Week Range:

$241.29

$328.99

Cadence Design Systems Inc Stock (CDNS) Company Profile

Name

Cadence Design Systems Inc

Sector

Technology (785)

Industry

Software - Application (240)

Phone

(408) 943-1234

Address

2655 SEELY AVENUE BLDG 5, SAN JOSE, CA

Employee

11,200

Twitter

@cadence

Next Earnings Date

2024-10-28

Latest SEC Filings

CDNS's Discussions on Twitter

Compare CDNS with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
CDNS Cadence Design Systems Inc	304.68	83.33B	4.35B	1.04B	952.07M	3.51
CRM Salesforce Inc	330.01	316.84B	36.47B	5.63B	11.46B	1.59
SAP Sap Se Adr	232.02	274.20B	36.09B	2.98B	7.67B	5.2918
NOW Servicenow Inc	1,041.40	215.32B	10.46B	1.34B	3.35B	7.72
INTU Intuit Inc	636.17	178.47B	16.59B	2.92B	5.14B	8.44
UBER Uber Technologies Inc	71.62	152.15B	41.96B	4.40B	5.96B	-0.22

Cadence Design Systems Inc Stock (CDNS) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Nov-22-24	Initiated	Wells Fargo	Overweight
Nov-12-24	Initiated	Loop Capital	Buy
Oct-22-24	Initiated	Mizuho	Outperform
Oct-15-24	Initiated	Berenberg	Buy
Sep-25-24	Initiated	Oppenheimer	Underperform
Aug-06-24	Upgrade	Piper Sandler	Neutral → Overweight
Apr-04-24	Initiated	Piper Sandler	Neutral
Feb-14-24	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Feb-13-24	Downgrade	Rosenblatt	Buy → Neutral
Nov-10-23	Initiated	Morgan Stanley	Equal-Weight
Jul-20-23	Upgrade	Stifel	Hold → Buy
Jan-17-23	Upgrade	Atlantic Equities	Neutral → Overweight
Dec-16-22	Upgrade	BofA Securities	Neutral → Buy
Sep-29-22	Initiated	Deutsche Bank	Buy
Sep-08-22	Initiated	Stifel	Hold
Aug-17-22	Initiated	Wolfe Research	Outperform
Jun-29-22	Upgrade	BofA Securities	Underperform → Neutral
Feb-23-22	Upgrade	Berenberg	Hold → Buy
Jan-10-22	Reiterated	BofA Securities	Underperform
Dec-14-21	Downgrade	JP Morgan	Overweight → Neutral
Oct-20-21	Initiated	Needham	Buy
Sep-17-21	Resumed	Rosenblatt	Buy
Jun-25-21	Initiated	Rosenblatt	Buy
Jan-11-21	Downgrade	BofA Securities	Buy → Underperform
Jan-05-21	Upgrade	KeyBanc Capital Markets	Sector Weight → Overweight
Dec-09-20	Upgrade	JP Morgan	Neutral → Overweight
May-27-20	Initiated	UBS	Neutral
Apr-22-20	Upgrade	BofA/Merrill	Neutral → Buy
Feb-19-20	Initiated	Robert W. Baird	Outperform
Feb-13-20	Resumed	The Benchmark Company	Buy
Oct-11-19	Upgrade	Wells Fargo	Market Perform → Outperform
Sep-23-19	Initiated	BofA/Merrill	Neutral
Sep-11-19	Resumed	JP Morgan	Neutral
May-15-19	Initiated	Wells Fargo	Market Perform
Apr-10-19	Resumed	KeyBanc Capital Markets	Sector Weight
Mar-14-19	Reiterated	Needham	Buy
Nov-20-18	Initiated	Berenberg	Hold
Oct-23-18	Upgrade	JP Morgan	Underweight → Neutral
Oct-23-18	Upgrade	The Benchmark Company	Hold → Buy
Jul-25-18	Reiterated	Needham	Buy
Jul-24-18	Reiterated	Griffin Securities	Buy
Jul-24-18	Reiterated	Needham	Buy
Apr-24-18	Upgrade	Needham	Hold → Buy
Oct-11-17	Reiterated	RBC Capital Mkts	Outperform
Jul-25-17	Reiterated	RBC Capital Mkts	Outperform

View All

Cadence Design Systems Inc Stock (CDNS) Latest News

Nov 27, 2024

Cadence Design Systems, Inc. (NASDAQ:CDNS) Shares Sold by Fmr LLC - MarketBeat

Nov 27, 2024

Kingsview Wealth Management LLC Sells 2,570 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat

Nov 27, 2024

Quantbot Technologies LP Makes New $4.91 Million Investment in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat

Nov 27, 2024

Qsemble Capital Management LP Invests $1.25 Million in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat

Nov 27, 2024

Bank of Montreal Can Sells 37,356 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat

Nov 27, 2024

The Zacks Analyst Blog AppLovin, Cadence Design Systems and Workday - Yahoo Finance

Nov 27, 2024

Nov 26, 2024

Cadence Design Systems Insider Sold Shares Worth $1,785,968, According to a Recent SEC Filing - Marketscreener.com

Nov 26, 2024

Lazard Freres Gestion S.A.S. Buys 8,500 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat

Nov 26, 2024

High Growth Tech Stocks In The US To Watch For Potential Expansion - Simply Wall St

Nov 26, 2024

Dai ichi Life Insurance Company Ltd Sells 25,455 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat

Nov 26, 2024

Cadence Design Systems, Inc. (NASDAQ:CDNS) Shares Sold by Prospera Financial Services Inc - MarketBeat

Nov 26, 2024

Nov 25, 2024

Cadence Design Systems Inc. stock rises Monday, still underperforms market - MarketWatch

Nov 25, 2024