CDNS · Cadence Design Systems, Inc.
Technology NMS United States cadence.com ↗
BEARISH STRONG BUY
Val Gro Qua Mom Sta Cap 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)
Pattern Overlays
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Software - Application San Jose, United States 15,445 employees
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 52W High
Position in Range
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.

Next Earnings Oct 26, 2026
Beat Rate 100%
Consensus STRONG BUY
Analyst Upside +21.3%
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
22
3
BuyHoldSell
Price Target Range
$403.67 +21.3% upside
Low $300 High $470
Consensus Current price
Wall Street Analyst Ratings
FirmRatingChangeActionDate
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
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap91.64B
Enterprise Value92.20B
Trailing P/E77.93
Forward P/E34.93
PEG Ratio (5yr)3.21
Price/Sales (ttm)15.70
Price/Book (mrq)13.29
EV/Revenue15.79
EV/EBITDA42.83
Share Statistics
Avg Vol (3m)2.41M
Shares Outstanding275.39M
Float272.69M
% Held by Insiders0.29%
% Held by Institutions91.06%
Short Ratio2.76
Short % of Float2.25%
Profitability
Gross Margin85.87%
Operating Margin (ttm)28.40%
Profit Margin23.61%
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
EBITDA2.15B
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 / Share25.03
Operating CF (ttm)1.85B
Free Cash Flow (ttm)1.52B
Trading & Dividends
Beta (5Y)1.15
50-Day MA371.84
200-Day MA327.64
Fwd Dividend YieldN/A
Payout Ratio0.00%
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
DateInsiderRoleTransactionSharesValue
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