Val
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Gro
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Qua
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Mom
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Sta
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P/S15.70
P/E—
Fwd P/E34.93
PEG3.21
52W— – —
RSI—
Target$403.67 (+21.3%)
Beta1.15
Div—
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RSI (14)
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Cadence 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 In novus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI Express, universal accelerator and compute express links, and multiple memory interfaces; and Ten Silica, a digital signal processor. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.
52-Week Range
52W Low
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52W High
Position in Range
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RSI (14)
0 · Oversold
RSI 38
Overbought · 100
Signal
Neutral
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
2Bullish
3Bearish
0Neutral
▲ Double Bottom — Two lows ~$266.09 — bullish reversal confirmed
▲ Bull Flag — Breakout after +15% pole — bullish continuation
▼ Double Top — Two peaks ~$410.03 — bearish reversal confirmed
▼ Bear Flag — Breakdown after -10% pole — bearish continuation
▼ Double Top — Two peaks ~$397.19 — bearish reversal confirmed
View overlays on the price chart via Chart tab → Pattern Overlays.
EPS — History & Forecast
Estimate
Beat
Miss
Forecast
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Revenue — History & Forecast
Revenue
Forecast
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EPS Beat Rate
100%
8/8 quarters
Wall Street Consensus
STRONG BUY
BuyHoldSell
Price Target Range
$403.67
+21.3% upside
Low $300
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High $470
Consensus
Current price
Wall Street Analyst Ratings
| Firm | Rating | Change | Action | Date |
|---|---|---|---|---|
| B of A Securities | Buy | — | ↔ Maintain | 2026-07-28 |
| Rosenblatt | Buy | — | ↔ Maintain | 2026-07-28 |
| Citigroup | Buy | — | ↔ Maintain | 2026-07-28 |
| Baird | Outperform | — | ↔ Maintain | 2026-07-28 |
| Needham | Buy | — | ↔ Reiterate | 2026-07-28 |
| Piper Sandler | Neutral | — | ↔ Maintain | 2026-07-28 |
| Benchmark | Buy | — | ● Initiate | 2026-07-16 |
| Stifel | Buy | — | ↔ Maintain | 2026-06-09 |
| Wells Fargo | Overweight | — | ↔ Maintain | 2026-05-26 |
| Keybanc | Overweight | — | ↔ Maintain | 2026-04-28 |
| Morgan Stanley | Overweight | — | ↔ Maintain | 2026-02-18 |
B of A Securities
2026-07-28
Buy
↔ Maintain
Rosenblatt
2026-07-28
Buy
↔ Maintain
Citigroup
2026-07-28
Buy
↔ Maintain
Baird
2026-07-28
Outperform
↔ Maintain
Needham
2026-07-28
Buy
↔ Reiterate
Piper Sandler
2026-07-28
Neutral
↔ Maintain
Benchmark
2026-07-16
Buy
● Initiate
Stifel
2026-06-09
Buy
↔ Maintain
Wells Fargo
2026-05-26
Overweight
↔ Maintain
Keybanc
2026-04-28
Overweight
↔ Maintain
Morgan Stanley
2026-02-18
Overweight
↔ Maintain
Profitability
Gross Margin
85.87%TTM
Op. Margin
28.40%TTM
ROE
23.23%TTM
Rev. Growth
24.20%YoY
Free Cash Flow
1.52BTTM
FCF Yield
—TTM
Balance Sheet
Debt / Equity
36.19MRQ
Current Ratio
1.74MRQ
Cash
1.44BMRQ
Total Debt
2.48BMRQ
Net Debt
—MRQ
How CDNS Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
| Quarter | Revenue | Rev YoY | Gross Profit | Op. Income | Net Income | Net YoY | Gross % | Op % | Net % |
|---|
Full Key Statistics
Valuation
| Market Cap | 91.64B |
| Enterprise Value | 92.20B |
| Trailing P/E | 77.93 |
| Forward P/E | 34.93 |
| PEG Ratio (5yr) | 3.21 |
| Price/Sales (ttm) | 15.70 |
| Price/Book (mrq) | 13.29 |
| EV/Revenue | 15.79 |
| EV/EBITDA | 42.83 |
Share Statistics
| Avg Vol (3m) | 2.41M |
| Shares Outstanding | 275.39M |
| Float | 272.69M |
| % Held by Insiders | 0.29% |
| % Held by Institutions | 91.06% |
| Short Ratio | 2.76 |
| Short % of Float | 2.25% |
Profitability
| Gross Margin | 85.87% |
| Operating Margin (ttm) | 28.40% |
| Profit Margin | 23.61% |
| Return on Assets (ttm) | 10.59% |
| Return on Equity (ttm) | 23.23% |
Income Statement
| Revenue (ttm) | 5.84B |
| Revenue Growth (yoy) | 24.20% |
| Gross Profit (ttm) | 5.01B |
| EBITDA | 2.15B |
| Net Income (ttm) | 1.38B |
| Diluted EPS (ttm) | 4.27 |
| EPS Growth (yoy) | 125.40% |
Balance Sheet
| Total Cash (mrq) | 1.44B |
| Total Debt (mrq) | 2.48B |
| Debt / Equity (mrq) | 36.19 |
| Current Ratio (mrq) | 1.74 |
| Book Value / Share | 25.03 |
| Operating CF (ttm) | 1.85B |
| Free Cash Flow (ttm) | 1.52B |
Trading & Dividends
| Beta (5Y) | 1.15 |
| 50-Day MA | 371.84 |
| 200-Day MA | 327.64 |
| Fwd Dividend Yield | N/A |
| Payout Ratio | 0.00% |
Ownership Breakdown
Institutional 91.06%
Insider 0.29%
Public 8.6%
Short Interest
2.25% of float
Low
Institutional 13F Holdings
Famous investors who disclosed a position in CDNS in their latest SEC 13F filing.
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Insider Transactions
| Date | Insider | Role | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-22 | TENG CHIN-CHI | Officer | Sale at price 335.70 - 345.16 per share. | 4,500 | $1,527,555 |
| 2026-07-22 | TENG CHIN-CHI | Officer | Conversion of Exercise of derivative security at price 202.94 per share. | 1,000 | $202,940 |
| 2026-07-15 | CUNNINGHAM PAUL ALEXANDER | Officer | Sale at price 383.36 per share. | 2,000 | $766,720 |
| 2026-07-15 | CUNNINGHAM PAUL ALEXANDER | Officer | Conversion of Exercise of derivative security at price 138.02 per share. | 1,000 | $138,020 |
| 2026-06-22 | TENG CHIN-CHI | Officer | Sale at price 379.18 - 390.92 per share. | 4,500 | $1,731,970 |
| 2026-06-22 | TENG CHIN-CHI | Officer | Conversion of Exercise of derivative security at price 202.94 per share. | 1,000 | $202,940 |
| 2026-06-15 | CUNNINGHAM PAUL ALEXANDER | Officer | Sale at price 391.00 per share. | 2,000 | $782,000 |
| 2026-06-15 | CUNNINGHAM PAUL ALEXANDER | Officer | Conversion of Exercise of derivative security at price 138.02 per share. | 1,000 | $138,020 |
| 2026-06-11 | PLUMMER JAMES D | Director | Sale at price 381.34 per share. | 1,511 | $576,205 |
| 2026-06-10 | BRENNAN ITA M | Director | Sale at price 383.29 - 398.65 per share. | 180 | $69,740 |
| 2026-06-02 | DEVGAN ANIRUDH | Chief Executive Officer | Sale at price 395.00 - 415.00 per share. | 76,827 | $30,846,765 |
| 2026-06-01 | SCANNELL PAUL | Officer | Sale at price 393.91 per share. | 7,081 | $2,789,277 |
| 2026-06-01 | DEVGAN ANIRUDH | Chief Executive Officer | Conversion of Exercise of derivative security at price 78.76 per share. | 26,821 | $2,112,422 |
| 2026-06-01 | SCANNELL PAUL | Officer | Conversion of Exercise of derivative security at price 285.19 per share. | 7,081 | $2,019,430 |
| 2026-05-22 | DEVGAN ANIRUDH | Chief Executive Officer | Sale at price 370.00 per share. | 51,887 | $19,198,190 |
| 2026-05-22 | TENG CHIN-CHI | Officer | Sale at price 361.88 - 380.76 per share. | 4,500 | $1,662,087 |
| 2026-05-22 | DEVGAN ANIRUDH | Chief Executive Officer | Conversion of Exercise of derivative security at price 78.76 per share. | 25,000 | $1,969,000 |
| 2026-05-22 | TENG CHIN-CHI | Officer | Conversion of Exercise of derivative security at price 202.94 per share. | 1,000 | $202,940 |
| 2026-05-18 | SCANNELL PAUL | Officer | Sale at price 345.06 per share. | 1,071 | $369,559 |
| 2026-05-18 | SCANNELL PAUL | Officer | Sale at price 345.06 per share. | 1,071 | $369,559 |
| 2026-05-07 | PLUMMER JAMES D | Director | Stock Gift at price 0.00 per share. | 779 | — |
| 2026-05-07 | ADAMS MARK W | Director | Stock Gift at price 0.00 per share. | 779 | — |
| 2026-05-07 | VAN DEN HOVE LUC | Director | Stock Award(Grant) at price 0.00 per share. | 714 | — |
| 2026-05-07 | LIUSON JULIA | Director | Stock Award(Grant) at price 0.00 per share. | 714 | — |
| 2026-05-07 | BRENNAN ITA M | Director | Stock Award(Grant) at price 0.00 per share. | 714 | — |
TENG CHIN-CHI
Officer
Sale at price 335.70 - 345.16 per share.
2026-07-22
4,500 sh
$1,527,555
TENG CHIN-CHI
Officer
Conversion of Exercise of derivative security at price 202.94 per share.
2026-07-22
1,000 sh
$202,940
CUNNINGHAM PAUL ALEXANDER
Officer
Sale at price 383.36 per share.
2026-07-15
2,000 sh
$766,720
CUNNINGHAM PAUL ALEXANDER
Officer
Conversion of Exercise of derivative security at price 138.02 per share.
2026-07-15
1,000 sh
$138,020
TENG CHIN-CHI
Officer
Sale at price 379.18 - 390.92 per share.
2026-06-22
4,500 sh
$1,731,970
TENG CHIN-CHI
Officer
Conversion of Exercise of derivative security at price 202.94 per share.
2026-06-22
1,000 sh
$202,940
CUNNINGHAM PAUL ALEXANDER
Officer
Sale at price 391.00 per share.
2026-06-15
2,000 sh
$782,000
CUNNINGHAM PAUL ALEXANDER
Officer
Conversion of Exercise of derivative security at price 138.02 per share.
2026-06-15
1,000 sh
$138,020
PLUMMER JAMES D
Director
Sale at price 381.34 per share.
2026-06-11
1,511 sh
$576,205
BRENNAN ITA M
Director
Sale at price 383.29 - 398.65 per share.
2026-06-10
180 sh
$69,740
DEVGAN ANIRUDH
Chief Executive Officer
Sale at price 395.00 - 415.00 per share.
2026-06-02
76,827 sh
$30,846,765
SCANNELL PAUL
Officer
Sale at price 393.91 per share.
2026-06-01
7,081 sh
$2,789,277
DEVGAN ANIRUDH
Chief Executive Officer
Conversion of Exercise of derivative security at price 78.76 per share.
2026-06-01
26,821 sh
$2,112,422
SCANNELL PAUL
Officer
Conversion of Exercise of derivative security at price 285.19 per share.
2026-06-01
7,081 sh
$2,019,430
DEVGAN ANIRUDH
Chief Executive Officer
Sale at price 370.00 per share.
2026-05-22
51,887 sh
$19,198,190
TENG CHIN-CHI
Officer
Sale at price 361.88 - 380.76 per share.
2026-05-22
4,500 sh
$1,662,087
DEVGAN ANIRUDH
Chief Executive Officer
Conversion of Exercise of derivative security at price 78.76 per share.
2026-05-22
25,000 sh
$1,969,000
TENG CHIN-CHI
Officer
Conversion of Exercise of derivative security at price 202.94 per share.
2026-05-22
1,000 sh
$202,940
SCANNELL PAUL
Officer
Sale at price 345.06 per share.
2026-05-18
1,071 sh
$369,559
SCANNELL PAUL
Officer
Sale at price 345.06 per share.
2026-05-18
1,071 sh
$369,559
PLUMMER JAMES D
Director
Stock Gift at price 0.00 per share.
2026-05-07
779 sh
—
ADAMS MARK W
Director
Stock Gift at price 0.00 per share.
2026-05-07
779 sh
—
VAN DEN HOVE LUC
Director
Stock Award(Grant) at price 0.00 per share.
2026-05-07
714 sh
—
LIUSON JULIA
Director
Stock Award(Grant) at price 0.00 per share.
2026-05-07
714 sh
—
BRENNAN ITA M
Director
Stock Award(Grant) at price 0.00 per share.
2026-05-07
714 sh
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