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Asset logo for symbol CDNS
Cadence Design Systems
CDNS85
$307.79arrow_drop_up0.09%$0.29
High Quality
High Growth
S&P500
Asset logo for symbol CDNS
CDNS85

$307.79

arrow_drop_up0.09%

Performance History

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Key Stats
Open$310.00
Prev. Close$307.51
EPS3.81
DividendNon-Dividend
Next Earnings Date-
Dividend Yield %-
LOWHIGH
Day Range305.37
314.93
52 Week Range228.66
328.99
Ratios
EPS3.81

Score Breakdown

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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

About Cadence Design Systems (CDNS)

Cadence Design Systems Inc (CDNS) is a leading provider of electronic design automation (EDA) software and hardware, offering a wide range of innovative solutions for the design and verification of integrated circuits and systems. With a strong track record of delivering high-quality products and services, Cadence has established itself as a trusted partner for the world's leading semiconductor and electronic systems companies. The company's solutions enable customers to accelerate time-to-market, reduce costs, and improve the performance and reliability of their electronic products.
Cadence Design Systems Inc (CDNS) stock has shown a steady growth over the years, reflecting the company's strong business fundamentals and consistent innovation in the EDA industry. The stock price history of CDNS demonstrates its resilience and ability to outperform the market. Despite the challenges posed by the COVID-19 pandemic, CDNS has maintained its position as a key player in the industry, with its stock price showing significant resilience and even reaching new highs.
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 (CDNS) a growth stock?

Cadence Design Systems (CDNS) has shown an average price growth of -2.59% over the past three years. It has received a score of 75 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Cadence Design Systems 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 (CDNS) stock price performance year to date (YTD)?

As of the latest data, Cadence Design Systems (CDNS) has a year-to-date price change of 17.08%. Over the past month, the stock has experienced a price change of 2.17%. Over the last three months, the change has been 21.75%. Over the past six months, the figure is 3.92%. Looking at a longer horizon, the five-year price change stands at 366.14%.
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Is Cadence Design Systems (CDNS) a profitable company?

Cadence Design Systems (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 89.36% indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 30.9% 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 $3.65B. Operating income is noted at $1.25B. Furthermore, the EBITDA is $1.48B.
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What is the market capitalization of Cadence Design Systems (CDNS)?

Cadence Design Systems (CDNS) has a market capitalization of $86.39B. The average daily trading volume is 311.16, indicating the stock's liquidity and investor engagement.
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What is Cadence Design Systems 's (CDNS) price per share?

The current price per share for Cadence Design Systems (CDNS) is $307.8. The stock has seen a price change of $0.3 recently, indicating a 0.1% 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 (CDNS)?

For Cadence Design Systems (CDNS), the 52-week high is $328.99, which is 6.89% from the current price. The 52-week low is $228.66, the current price is 34.61% 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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