Cadence Design Systems Logo
US1273871087
873567
CDNS

Cadence Design Systems

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Forecast

The analysts' average price target is €360.83 (+22.40%). The median is €375.79 (+27.47%).

Buy
  26
Hold
  4
Sell
  1

  • Cadence Design Systems introduces AI agents and cuts chips' power use and area by double-digit percentages

    Cadence Design Systems is expanding its EDA software platform with a new AI agent. The technology reduces the power consumption and area of designed chips by double-digit percentages. This secures Cadence's market position and increases customer retention in a growing semiconductor market. » More on finanzen.net


  • Cadence sees AI and rising chip complexity as growth drivers

    Cadence presented at the Goldman Sachs conference a business model that benefits from strong customer demand, rising chip complexity and a record order backlog. CEO Anirudh Devgan emphasized that agent-based AI, physical AI and system-design analysis create new revenue opportunities and are more likely to increase than replace use of EDA tools. Demand for hardware-acceleration systems like Palladium is at a record level and is being driven by larger chip sizes and hyperscaler projects. Cadence highlights multiple partnerships with foundries and a broad EDA portfolio, and sees strong industry-wide growth in data centers, physical AI and scientific AI. » More on de.investing.com


  • Cadence Design Systems raises full-year outlook after strong Q2 results

    Cadence Design Systems beat expectations in the second quarter with diluted non-GAAP earnings per share of $2.11 (expected $2.05) and revenue of $1.58 billion (up 24% year over year). Management raised the 2026 revenue forecast to $6.26–6.34 billion (previously $6.13–6.23 billion) and non-GAAP EPS guidance to $8.05–8.15. Drivers include continued strong demand for AI-powered design tools and a record backlog of $8 billion, which sent the stock sharply higher in after-hours trading and eased investor concerns about potential AI disruption. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics
In 2022, Cadence Design Systems has already paid €0.26 in dividends. The last payout was in March 2022.

Financials

In the last quarter, Cadence Design Systems had revenue of €1.39bn and net profit of €321.64m
(EUR) June 2026
YoY
Revenue 1.39bn 28.30%
Gross profit 1.18bn 27.30%
Net profit 321.64m 136.86%
EBITDA 581.52m 86.61%

Fundamentals

Metric Value
Market capitalization
€77.99bn
Number of shares
275.39m
52-week high/low
€372.83 - €235.10
Dividends No
Beta
1.13
P/E ratio
62.55
PEG ratio
1.74
P/B ratio
12.64
P/S ratio
14.93

Company profile

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 signoff products to signoff the design as ready for silicon manufacturing. 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 and 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.

Name
Cadence Design Systems
CEO
Anirudh Devgan
Headquarters San Jose, ca
USA
Website
Sector
Information Technology
Industry
Software
IPO
10/06/1987
Employees 13,800

Ticker symbols

Exchange Symbol
NASDAQ
CDNS
London Stock Exchange
0HS2.L
Frankfurt
CDS.F
DĂĽsseldorf
CDS.DU
London
0HS2.L
SIX
CDS.SW
MĂĽnchen
CDS.MU
Wien
CDNS.VI
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