Cadence Design Systems
About
Cadence Design Systems provides electronic design automation software and hardware used to design integrated circuits, printed circuit boards, and complete electronic systems. The company has expanded into computational fluid dynamics and molecular simulation, broadening its addressable market beyond traditional chip design. It appeals to growth-oriented investors seeking a high-margin software business with deep moats in mission-critical semiconductor workflows.
AI Stocks
Cadence AI-powered design tools and verification platforms are critical to developing next-generation AI chips, while the company itself uses AI to accelerate its own software capabilities in a virtuous cycle.
Growth Stocks
Cadence delivers consistent high-teens revenue growth driven by expanding design complexity, new computational software markets, and a subscription model that provides excellent revenue visibility.
Tech Stocks
Cadence is one of only two major providers of electronic design automation software, giving it an essential and deeply entrenched role in the semiconductor design workflow used by every major chipmaker.
Key Financials CDNS
Price
$299.46
Change (1D)
+3.86%
Change (30D)
-4.20%
Change (60D)
-3.80%
Change (90D)
-15.25%
Change (180D)
+3.76%
Change (1Y)
+1.84%
Change (5Y)
+114.68%
P/E Ratio
53.10
EPS (TTM)
$5.64
52-Week Range
$221.56 — $376.45
50-Day MA
$312.94
Volume
2.86M
Data updated Feb 15 · Source: Twelve Data
