The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

CDNS

Concerning the House

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.

United States · www.cadence.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$4.64B+11.3%
Operating income$1.25B+18.2%
Net income$1.11B+18.2%
Cash from ops$1.35B+21.8%
Quotation

$323.77

+0.64 (+0.2%)

52w hi$416.39
52w lo$265.66
Vol2.26M
As ofAug 13
The Verdict

Hold

Our score +0.00

Short-0.11
Medium+0.01
Long+0.19

computed 2026-08-13

By the Numbers

Cadence Design Systems, Inc.

Technology · Software - Application

Market cap$89.30B
Enterprise value$90.11B
Trailing P/E64.24x
Forward P/E33.95x
EV / EBITDA41.80x
P / S (ttm)15.27x
Profit margin23.6%
Return on equity23.2%
Revenue growth+24.2%
Earnings growth+125.4%
Debt / equity38.66
Risk Metrics
Beta vs SPX1.48
Corr SPX0.60
Annual vol40.1%
Annual ret+17.3%
Sharpe0.43
Max DD-28.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.28
Sector+0.07
Technical-0.01
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$324.00$328.28$321.12$323.772.26M
Aug 12$330.01$333.43$322.11$323.132.05M
Aug 11$330.57$331.25$323.19$327.532.03M
Aug 10$337.31$342.03$331.53$331.911.81M
Aug 7$343.00$348.12$335.58$339.242.09M