Cadence Design Systems In...

NASDAQ: CDNS · Real-Time Price · USD
308.40
8.67 (2.89%)
At close: May 02, 2025, 3:59 PM
308.07
-0.11%
After-hours: May 02, 2025, 07:59 PM EDT
2.89%
Bid 293.57
Market Cap 84.6B
Revenue (ttm) 4.87B
Net Income (ttm) 1.08B
EPS (ttm) 3.93
PE Ratio (ttm) 78.47
Forward PE 38.82
Analyst Buy
Ask 325
Volume 1,610,877
Avg. Volume (20D) 2,412,130
Open 306.39
Previous Close 299.73
Day's Range 304.84 - 310.41
52-Week Range 221.56 - 328.99
Beta 1.14

About 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 ...

Sector Technology
IPO Date Jun 10, 1987
Employees 12,837
Stock Exchange NASDAQ
Ticker Symbol CDNS
Full Company Profile

Analyst Forecast

According to 19 analyst ratings, the average rating for CDNS stock is "Buy." The 12-month stock price forecast is $330, which is an increase of 7.00% from the latest price.

Stock Forecasts

Earnings Surprise

Cadence Design Systems has released their quartely earnings on Apr 28, 2025:
  • Revenue of $1.24B exceeds estimates by $2M, with 23.09% YoY growth.
  • EPS of 1.57 exceeds estimates by 0.08, with 34.19% YoY growth.
  • 6 days ago
    +5.77%
    Cadence Design Systems shares are trading higher a... Unlock content with Pro Subscription
    1 week ago
    +6.16%
    Cadence Design Systems shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $300 to $325.