Cadence Design Systems Inc. (CDNS)
NASDAQ: CDNSTechnologySoftware - ApplicationUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
After hours: 356.12 0.00%
CDNS stock chart
Technical analysisKey statistics
All statistics- Market cap
- $98.07B
- P/E (TTM)
- 70.80
- Forward P/E
- 37.22
- EPS (TTM)
- $5.03
- Dividend yield
- None
- 52-week range
- 262.75 – 416.69
- Day range
- 353.84 – 361.42
- Volume / Avg
- 1.85M / 2.39M
- Beta
- —
- Shares outstanding
- 275.39M
- Next earnings
- Oct 26, 2026
52-week range
CDNS stock today
Cadence Design Systems (CDNS) closed at $356.12 on Oct 7, down 0.95% (-$3.43), versus the S&P 500's 0.22% decline. At this level, CDNS sits in the middle of its 52-week range of $262.75 to $416.69: 14.5% below the high, set on Jun 2, 2026 and 35.5% above the low. CDNS is up 15.0% year to date, outperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 4.0%.
At 70.8x trailing earnings, Cadence Design Systems trades above the peer-group median of 18.1x. Its forward P/E of 37.2x is lower than the trailing multiple, which means analysts expect earnings to rise over the next year. The company is scheduled to report Sep/2026 results on Oct 26 after the market closes; analysts expect EPS of $1.60.
Summary generated from market data by MetaCap's automated system. Methodology
About Cadence Design Systems
Company profileCadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Dr. Anirudh Devgan Ph.D.
- Headquarters
- San Jose, CA
- Employees
- 15,445
- Website
- cadence.com
Financial highlights
Full financialsIn fiscal 2025, Cadence Design Systems generated $5.30 billion in revenue, up 14.1% from fiscal 2024, its 16th consecutive year of revenue growth. Net income was $1.11 billion (+5.1% year over year), for a net margin of 20.9% versus a median of 23.3% in the prior 5 years. Operating margin was 28.2%.
| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $5.30B | $4.64B | $4.09B | $3.56B | $2.99B |
| Growth | +14.12% | +13.48% | +14.83% | +19.19% | +11.38% |
| Net income | $1.11B | $1.06B | $1.04B | $848.95M | $695.96M |
| EPS (diluted) | $4.06 | $3.85 | $3.82 | $3.09 | $2.50 |
Analyst forecast
ForecastConsensus (25 analysts)
strong_buy
Avg. price target
$406.24+14.07%
- Strong buy 5
- Buy 18
- Hold 2
- Sell 0
- Strong sell 0
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
Earnings
Earnings history- Next report
- Oct 26, 2026
- EPS estimate
- $1.60
- Last reported (Q1 2026)
- May 1, 2026
- EPS actual vs est.
- $1.23 vs —
CDNS news
All CDNS news- Why Cadence Design Systems (CDNS) Outpaced the Stock Market TodayNasdaq
- If You Invested $1000 in Cadence Design Systems a Decade Ago, This is How Much It'd Be Worth NowNasdaq
- Here is Why Growth Investors Should Buy Cadence (CDNS) NowNasdaq
- Intuit Expands NFL Partnership to Boost Intuit Intelligence ReachNasdaqINTU, SNPS, CDNS
- Noteworthy ETF Outflows: RSPT, CDNS, NTAP, ITNasdaqRSPT, CDNS, NTAP, IT
- Nasdaq 100 Movers: CDNS, HONIVNasdaqCDNS, WMT, AMAT
- Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to KnowNasdaq
- The Zacks Analyst Blog Highlights ExxonMobil, Automatic Data Processing and Cadence Design, BranchOut FoodNasdaqADP, XOM, CDNS, BOF
Cadence Design Systems peers
Technology sector| Company | Price | % Chg | Market cap | Compare |
|---|---|---|---|---|
| DDOGDatadog Inc. Class A | 271.34 | -2.48% | $97.43B | vs CDNS |
| ADPAutomatic Data Processing Inc. | 264.00 | +0.63% | $104.61B | vs CDNS |
| ADBEAdobe Inc. | 232.77 | -2.25% | $90.59B | vs CDNS |
| SNOWSnowflake Inc. | 332.85 | -0.92% | $117.43B | vs CDNS |
| INTUIntuit Inc. | 297.24 | +2.56% | $79.43B | vs CDNS |
| MSTRStrategy Inc | 153.37 | -6.79% | $61.16B | vs CDNS |
| UBERUber Technologies Inc. | 68.45 | -0.91% | $139.81B | vs CDNS |
| NOWServiceNow Inc. | 137.87 | -0.07% | $142.54B | vs CDNS |
Indexes, lists and sector
Index membership
Appears in lists
Largest Technology stocks
Cadence Design Systems stock FAQ
What is Cadence Design Systems's stock price today?
CDNS last traded at $356.12 as of Oct 7, 4:00 PM EDT, down 0.95% on the day. Prices are delayed at least 15 minutes.
Does Cadence Design Systems pay a dividend?
No. Cadence Design Systems does not currently pay a regular cash dividend.
When is Cadence Design Systems's next earnings date?
Cadence Design Systems is expected to report earnings on Monday, October 26, 2026. Analysts expect EPS of $1.60.
What is CDNS's P/E ratio?
CDNS trades at a trailing P/E ratio of 70.80 and a forward P/E of 37.22, compared with a median of 18.1 for its closest peers.
Is Cadence Design Systems in the S&P 500?
Yes. Cadence Design Systems (CDNS) is a constituent of the S&P 500 index.
Who is Cadence Design Systems's CEO?
Dr. Anirudh Devgan Ph.D. is the chief executive officer of Cadence Design Systems Inc., which has about 15,445 employees.
Has CDNS ever split its stock?
Yes. The most recent CDNS stock split was a 2-for-1 split on Nov 17, 1997, one of 3 splits on record.