Company Cadence Design Systems, Inc.

Equities

CDNS

US1273871087

Software

Market Closed - Nasdaq 04:00:00 2024-06-21 pm EDT 5-day change 1st Jan Change
318.4 USD -0.04% Intraday chart for Cadence Design Systems, Inc. +2.02% +16.90%

Business Summary

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 %).

Number of employees: 11,200

Sales per Business

USD in Million2022Weight2023Weight Delta
Functional Verification, including Emulation and Prototyping Hardware
27.0 %
926 26.0 % 1,104 27.0 % +19.25%
Digital Integrated Circuit Design and Signoff
27.0 %
997 28.0 % 1,104 27.0 % +10.73%
Custom Integrated Circuit Design and Simulation
22.0 %
784 22.0 % 900 22.0 % +14.83%
System Design and Analysis
12.0 %
427 12.0 % 491 12.0 % +14.83%
Internet Protocol
12.0 %
427 12.0 % 491 12.0 % +14.83%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
41.4 %
1,578 44.3 % 1,695 41.4 % +7.39%
Other Asia
18.7 %
630 17.7 % 766 18.7 % +21.74%
China
16.6 %
522 14.6 % 680 16.6 % +30.30%
Europe, Middle East and Africa
16.0 %
582 16.4 % 655 16.0 % +12.49%
Japan
5.6 %
197 5.5 % 229 5.6 % +16.14%
Other Americas
1.6 %
53 1.5 % 65 1.6 % +22.85%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 12-04-30
Director of Finance/CFO 53 00-09-30
Chief Tech/Sci/R&D Officer - 18-12-31
Investor Relations Contact - 00-01-31
Corporate Officer/Principal - -
General Counsel - 22-08-31
Corporate Officer/Principal - -
Corporate Officer/Principal 58 01-12-31
Human Resources Officer - 02-12-31
Corporate Officer/Principal 66 04-03-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 61 20-03-14
Chairman 67 22-01-30
Founder 76 82-12-31
Director/Board Member 79 11-10-30
Director/Board Member 68 12-02-11
Director/Board Member 59 15-02-09
Chief Executive Officer 54 12-04-30
Director/Board Member 57 20-03-14
Director/Board Member 53 21-01-03
- -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 331,327,931 271,580,759 ( 81.97 %) 57,453,000 ( 17.34 %) 81.97 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
9.165 %
24,940,556 9.165 % 7 141 M $
BlackRock Advisors LLC
7.629 %
20,760,096 7.629 % 5 944 M $
11,657,165 4.284 % 3 338 M $
Massachusetts Financial Services Co.
3.738 %
10,172,950 3.738 % 2 913 M $
Fidelity Management & Research Co. LLC
3.562 %
9,694,301 3.562 % 2 776 M $
BlackRock Life Ltd.
3.215 %
8,749,972 3.215 % 2 505 M $
Jennison Associates LLC
2.604 %
7,085,526 2.604 % 2 029 M $
Geode Capital Management LLC
2.258 %
6,146,139 2.258 % 1 760 M $
T. Rowe Price International Ltd.
1.773 %
4,823,804 1.773 % 1 381 M $
Fiduciary Trust Company International
1.603 %
4,361,681 1.603 % 1 249 M $

Holdings

NameEquities%Valuation
456,000 3.33% 4,993,962 $

Company contact information

Cadence Design Systems, Inc.

2655 Seely Avenue Building 5

95134, San Jose

+408 943 1234

http://www.cadence.com
address Cadence Design Systems, Inc.(CDNS)

Group companies

NameCategory and Sector
Cadence Technology Ltd.
Cadence Design Systems (India) Pvt Ltd.
Cadence Design Systems (Ireland) Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
318.4 USD
Average target price
323.5 USD
Spread / Average Target
+1.59%
Consensus
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