$312.39
0.17% yesterday
Nasdaq, Nov 25, 10:01 pm CET
ISIN
US1273871087
Symbol
CDNS

Cadence Design Systems Stock price

$312.39
+55.09 21.41% 1M
+18.11 6.15% 6M
+40.02 14.69% YTD
+40.84 15.04% 1Y
+128.92 70.27% 3Y
+244.22 358.25% 5Y
+293.57 1,559.88% 10Y
Nasdaq, Closing price Mon, Nov 25 2024
+0.52 0.17%
ISIN
US1273871087
Symbol
CDNS
Sector

Key metrics

Market capitalization $85.68b
Enterprise Value $85.61b
P/E (TTM) P/E ratio 82.15
EV/FCF (TTM) EV/FCF 89.91
EV/Sales (TTM) EV/Sales 19.66
P/S ratio (TTM) P/S ratio 19.68
P/B ratio (TTM) P/B ratio 18.78
Revenue growth (TTM) Revenue growth 11.03%
Revenue (TTM) Revenue $4.35b
EBIT (operating result TTM) EBIT $1.26b
Free Cash Flow (TTM) Free Cash Flow $952.24m
Cash position $2.89b
EPS (TTM) EPS $3.80
P/E forward 81.75
P/S forward 18.49
EV/Sales forward 18.47
Short interest 1.61%
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Cadence Design Systems Stock Analysis

Analyst Opinions

21 Analysts have issued a Cadence Design Systems forecast:

15x Buy
71%
5x Hold
24%
1x Sell
5%

Analyst Opinions

21 Analysts have issued a Cadence Design Systems forecast:

Buy
71%
Hold
24%
Sell
5%

Financial data from Cadence Design Systems

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Sep '24
+/-
%
4,354 4,354
11% 11%
100%
- Direct Costs 558 558
26% 26%
13%
3,796 3,796
9% 9%
87%
- Selling and Administrative Expenses 830 830
7% 7%
19%
- Research and Development Expense 1,525 1,525
7% 7%
35%
1,442 1,442
13% 13%
33%
- Depreciation and Amortization 181 181
28% 28%
4%
EBIT (Operating Income) EBIT 1,261 1,261
11% 11%
29%
Net Profit 1,039 1,039
9% 9%
24%

In millions USD.

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Cadence Design Systems Stock News

Neutral
Business Wire
12 days ago
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #Cadence--Fortune Magazine and Great Place To Work® have honored Cadence once again in the Top 10 on its World's Best Workplaces™ 2024, ranking Cadence #9.
Positive
MarketBeat
12 days ago
When thinking about innovative companies that are trying fervently to stay ahead of the competition, research and development (R&D) spending is a key indicator of this ethos. Often quoted as a percentage of revenue, R&D spending is a driving force for many companies, especially those in the technology sector.
Positive
Investors Business Daily
15 days ago
All three companies joining the Watchlist hold very good IBD ratings. The post Growth Stocks To Buy For The Long Term: Three Steady Earnings Growers Join The Watchlist appeared first on Investor's Business Daily.
More Cadence Design Systems News

Company Profile

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

Head office United States
CEO Anirudh Devgan
Employees 11,200
Founded 1988
Website www.cadence.com

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