Cadence Design Systems, Inc. is No. 1 worldwide in developing and marketing design software for integrated circuits and electronic systems. Net sales break down by activity as follows: - sale of licenses (93.8%): design software, integrated circuit verification, simulation, and performance control systems, etc. In addition, the group offers maintenance services; - services (6.2%): consulting, training, system design and development, technical assistance, etc. Net sales are distributed geographically as follows: the United States (41.4%), Americas (1.6%), China (16.6%), Japan (5.6%), Asia (18.8%) and Europe/Middle East/Africa (16 %).

Employees

11,200

Sector

Software

Calendar

2024-10-14 - OCP Global Summit

More about the company

Quotes

Date	Price	Change	Volume
24-10-11	282.39 $	+0.62%	1,386,289
24-10-10	280.64 $	+0.39%	1,046,396
24-10-09	279.56 $	+3.48%	1,438,091
24-10-08	270.15 $	+2.77%	1,685,522
24-10-07	262.86 $	-2.16%	1,249,112

Delayed Quote Nasdaq, October 11, 2024 at 04:00 pm EDT

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Income Statement and Estimates

income-statement-evolution-chart CADENCE-DESIGN-SYSTEMS-IN

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Ratings

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

282.39USD

Average target price

310.72USD

Spread / Average Target

+10.03%

Consensus

Profit revisions

estimates-change-chart CADENCE-DESIGN-SYSTEMS-IN

Estimate revisions

Quarterly earnings, Rate of surprise

quality-estimates-chart CADENCE-DESIGN-SYSTEMS-IN

Company calendar

Market Closed - Nasdaq Other stock markets 04:00:00 2024-10-11 pm EDT			5-day change	1st Jan Change
282.39 ^USD	+0.62%		+5.11%	+3.68%

Sep. 25	Oppenheimer Initiates Cadence Design Systems at Underperform With $225 Price Target	MT
Sep. 19	Cadence Design Systems Insider Sold Shares Worth $413,970, According to SEC Filing	MT

Capitalization	77.32B	P/E ratio 2024 *	70.4x	P/E ratio 2025 *	57.7x
Enterprise value	76.88B	EV / Sales 2024 *	16.6x	EV / Sales 2025 *	14.4x
Free-Float	81.97%	Yield 2024 *	-	Yield 2025 *	-

Oppenheimer Initiates Cadence Design Systems at Underperform With $225 Price Target	Sep. 25	MT
Cadence Design Systems Insider Sold Shares Worth $413,970, According to SEC Filing	Sep. 19	MT
Samsung senior adviser Young Sohn to rejoin Arm's board	Sep. 12	RE
Intel Board Member Lip-Bu Tan Leaves After 2-Year Stint	Aug. 22	MT
Cadence Design Systems Lands $1.25 Billion Revolving Credit Facility	Aug. 15	MT
Sector Update: Tech Stocks Gain Late Afternoon	Aug. 06	MT
Cadence Design Systems Shares Rises After Piper Sandler Upgrade	Aug. 06	MT
Market's Manic Monday morphs into Turnaround Tuesday	Aug. 06
Piper Sandler Upgrades Cadence Design Systems to Overweight From Neutral, Price Target is $318	Aug. 06	MT
Analyst recommendations: Amazon, Tesla, AMD, Kellanova, Nvidia...	Aug. 06
Global markets live: Bayer, CrowdStrike, Tesla, UPS, Alphabet, Tesla...	Jul. 23
Griffin Securities Adjusts Price Target on Cadence Design Systems to $320 From $310	Jul. 23	MT
Tech's Judgment Day	Jul. 23

Oppenheimer Initiates Cadence Design Systems at Underperform With $225 Price Target	Sep. 25	MT
Piper Sandler Upgrades Cadence Design Systems to Overweight From Neutral, Price Target is $318	Aug. 06	MT
Analyst recommendations: Amazon, Tesla, AMD, Kellanova, Nvidia...	Aug. 06
Griffin Securities Adjusts Price Target on Cadence Design Systems to $320 From $310	Jul. 23	MT
Baird Adjusts Price Target on Cadence Design Systems to $338 From $341, Maintains Outperform Rating	Jul. 23	MT

Cadence Design Systems, Inc. Stock

Equities

CDNS

US1273871087

Software

Valuation: Cadence Design Systems, Inc.

Chart: Cadence Design Systems, Inc.

Latest news: Cadence Design Systems, Inc.

Last Transcript: Cadence Design Systems, Inc.

Analysts' recommendations: Cadence Design Systems, Inc.

Press Releases: Cadence Design Systems, Inc.

News in other languages: Cadence Design Systems, Inc.

Quotes and Performance

Course Extremes

Managers and Directors: Cadence Design Systems, Inc.

ETFs: Cadence Design Systems, Inc.

Other Software

Financials

Company Profile

Quotes

Income Statement and Estimates

Ratings

Analysts' Consensus

Quarterly earnings, Rate of surprise

Cadence Announces Third Quarter 2024 Financial Results Webcast	Oct. 04	BU
Tackling Sustainability and Social Impact Issues Through Critical Dialogue at 3BL Network Effect: San Jose	Sep. 26	AQ
TSMC and Cadence Collaborate to Deliver AI-Driven Advanced-Node Design Flows, Silicon-Proven IP and 3D-IC Solutions	Sep. 25	BU
Cadence Launches Fem.AI, Pledges $20M to Kickstart Gender Equity in the AI Workforce	Aug. 22	BU
Cadence: Q2 Earnings Snapshot	Jul. 22	AQ

Halfgeleiders: vijf Amerikaanse kwaliteitsbedrijven	Sep. 12
Halbleiter: Fünf versteckte US-Qualitätsunternehmen	Sep. 12
Semiconduttori: cinque aziende statunitensi di qualità	Sep. 11
Semiconductores: cinco empresas estadounidenses de calidad	Sep. 06
Semi-conducteurs : cinq entreprises américaines de qualité	Sep. 06

1 day	+0.62%
1 week	+5.11%
Current month	+4.19%
1 month	+6.67%
3 months	-10.09%
6 months	-8.94%
Current year	+3.68%

Director	Title	Age	Since
Anirudh Devgan CEO	Chief Executive Officer	54	12-04-30
John Wall DFI	Director of Finance/CFO	53	00-09-30
Michael Jackson CTO	Chief Tech/Sci/R&D Officer	-	18-12-31

Manager	Title	Age	Since
James Plummer BRD	Director/Board Member	79	11-10-30
Young Sohn BRD	Director/Board Member	68	12-02-11
Alberto Luigi Sangiovanni-Vincentelli FOU	Founder	76	82-12-31

Name	Weight	AuM	1st Jan change	Investor Rating
LEVERAGE SHARES 3X LONG SEMICONDUCTORS ETP SECURITIES - USD	3.93%	3 M€	0.00%	-
LEVERAGE SHARES PLC - -3X SHORT SEMICONDUCTORS ETP	3.70%	0 M€	-.--%	-

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
CADENCE DESIGN SYSTEMS, INC.	+0.62%	+5.11%	+11.63%	+88.86%	77.32B
MICROSOFT CORPORATION	+0.12%	+0.06%	+25.24%	+41.49%	3,095B
PALANTIR TECHNOLOGIES INC.	-0.02%	+8.75%	+142.80%	+84.91%	97.44B
SYNOPSYS, INC.	+1.28%	+8.17%	+9.09%	+86.99%	82.94B
THE TRADE DESK, INC.	+1.89%	+4.34%	+39.08%	+66.71%	58.15B
SEA LIMITED	+3.59%	+3.44%	+123.68%	-68.59%	57.03B
DASSAULT SYSTÈMES SE	-0.21%	-4.04%	-8.31%	-22.22%	48.87B
ATLASSIAN CORPORATION	+1.66%	+9.39%	-6.21%	-51.97%	48.64B
SAMSARA INC.	-0.22%	+6.09%	+98.58%	-	28.1B
TAKE-TWO INTERACTIVE SOFTWARE, INC.	+1.04%	+2.24%	+7.14%	-9.16%	27.18B
Average	+0.61%	+4.53%	+44.27%	+24.12%	362.02B
Weighted average by Cap.	-0.08%	+0.86%	+29.07%	+40.89%

	2024 *	2025 *
Net sales	4.62B	5.26B
Net income	1.09B	1.33B
Net Debt	-446M	-1.72B