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Stocklytics Platform
BETA
Instrument logo  CDNS

Cadence Design Systems Inc

CDNS
86 / 100
High Quality
High Growth
S&P500
$300.01arrow_drop_down-1.21%-$3.67

Performance History

Stocklytics logo
Key Stats
Open$303.89
Prev. Close$303.69
EPS3.83
DividendNon-Dividend
Next Earnings Date-
Dividend Yield %-
Market Cap$81.67B
PE Ratio78.33
LOWHIGH
Day Range298.29
303.98
52 Week Range189.30
315.70
Ratios
P/B Ratio24.29
Revenue$4.08B
Operating M. %31.61%
Earnings$1.04B
Earnings Growth %22.64%
EBITDA Margin %34.71%
ROE %33.86%
EPS3.83

Score Breakdown

86vs 53. Market Avg.

All Score 86 / 100 is to help users identify stocks that trade at a low value relative to their fundamentals. Suitable for value investors such as Warren Buffet.

CDNSMARKET
Value1639
Quality8840
Ownership4019
Growth8446
Dividends-37
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Cadence Design Systems Inc's Price growth average in the last 3 years of 29.16% is great compared to market average of 6%. This indicates CDNS could be a good value stock.

Financial Forecast

AI Price Prediction

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Analyst Ratings

Analyst ratings for this stock instrument are based on analysts' assumptions and should not be solely relied upon for financial decisions.

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About Cadence Design Systems Inc (CDNS)

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

Sector
Technology
Industry
Software—Application
CEO
Dr. Anirudh Devgan Ph.D.
Headquarters
San Jose
Employees
10200
Exchange
NASDAQ
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Frequently Asked Questions

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Is Cadence Design Systems Inc (CDNS) a growth stock?

Cadence Design Systems Inc (CDNS) has shown an average price growth of 29.16% over the past three years. It has received a score of 88 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Cadence Design Systems Inc as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.

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What is Cadence Design Systems Inc (CDNS) stock price performance year to date (YTD)?

As of the latest data, Cadence Design Systems Inc (CDNS) has a year-to-date price change of 14.12%. Over the past month, the stock has experienced a price change of 1.9%. Over the last three months, the change has been 10.48%. Looking at a longer horizon, the five-year price change stands at 422.21%.

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Is Cadence Design Systems Inc (CDNS) a profitable company?

Cadence Design Systems Inc (CDNS) has a net income of $1.04B, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of 88.92% indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 31.61% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $4.09B, with a revenue growth rate of 14.83%, providing insight into the company's sales performance and growth. The gross profit is $3.64B. Operating income is noted at $1.27B. Furthermore, the EBITDA is $1.44B.

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What is the market capitalization of Cadence Design Systems Inc (CDNS)?

Cadence Design Systems Inc (CDNS) has a market capitalization of $81.67B. The average daily trading volume is 1.77M, indicating the stock's liquidity and investor engagement.

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What is Cadence Design Systems Inc's (CDNS) price per share?

The current price per share for Cadence Design Systems Inc (CDNS) is $300.01. The stock has seen a price change of -$3.68 recently, indicating a -1.21% change. This reflects the stock's recent market performance and investor sentiment.

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What is the 52-week high and low for Cadence Design Systems Inc (CDNS)?

For Cadence Design Systems Inc (CDNS), the 52-week high is $315.7, which is 5.23% from the current price. The 52-week low is $189.3, the current price is 58.48% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.

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