Inside the research

Cadence Design Systems, Inc.

CDNS Research profile · latest available data

Price overview

$326.13

▲ +4.13 (+1.3%)

52w hi$416.39
52w lo$265.66
Vol2.70M
As of25 Sep 2026

The Verdict

Hold

Our score -0.11

Short-0.56
Medium+0.08
Long+0.42

computed 2026-09-27

Key fundamentals

Cadence Design Systems, Inc.

Technology · Software - Application

Market cap$89.81B
Enterprise value$90.93B
Trailing P/E64.97x
Forward P/E34.12x
EV / EBITDA42.18x
P / S (ttm)15.41x
Profit margin23.6%
Return on equity23.2%
Revenue growth+24.2%
Earnings growth+125.4%
Debt / equity38.66

Layer Breakdown

LayerRawContribution
Fundamental+0.28
Sector+0.15
Technical-0.35
Earnings+0.00
Sentiment+0.01

macro × 1.00 · 2026-09-27

Business overview

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

Risk Metrics

Beta vs SPX1.48
Corr SPX0.58
Annual vol40.7%
Annual ret+17.0%
Sharpe0.42
Max DD-34.2%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$379.55
High / Low$425.00 / $275.00
Median$387.50
Analysts26
Strong Buy5
Buy17
Hold3
Sell0
Strong Sell0

Recent rating actions

2026-04-29Citigroup→ Buy
2026-04-28Wells Fargo→ Overweight
2026-04-28Rosenblatt→ Buy
2026-04-28Piper Sandler→ Neutral
2026-04-28Needham→ Buy
2026-04-28Keybanc→ Overweight

Material Events

DateEvent8-K
2026-07-27Earnings Release, Exhibitsread
2026-05-12Officer / Director Change, Shareholder Voteread
2026-04-27Earnings Release, Exhibitsread
2026-02-23Securities Issuanceread
2026-02-17Earnings Release, Exhibitsread
2025-11-17Officer / Director Change, Exhibitsread
2025-10-27Earnings Release, Exhibitsread
2025-09-04Material Agreement, Securities Issuanceread
2025-07-28Material Agreementread
2025-07-28Earnings Release, Exhibitsread
2025-07-03Other Material Eventread
2025-05-29Other Material Eventread

Insider Trades

DateInsiderRoleActionSharesValue
2026-07-30SOHN YOUNGGift9—
2026-07-22TENG CHIN-CHISr. Vice PresidentOption exercise1.00K$202.94K
2026-07-22TENG CHIN-CHISr. Vice PresidentSell720$241.70K
2026-07-22TENG CHIN-CHISr. Vice PresidentSell252$84.85K
2026-07-22TENG CHIN-CHISr. Vice PresidentSell200$67.56K
2026-07-22TENG CHIN-CHISr. Vice PresidentSell1.97K$667.26K
2026-07-22TENG CHIN-CHISr. Vice PresidentSell440$150.55K
2026-07-22TENG CHIN-CHISr. Vice PresidentSell241$82.66K
2026-07-22TENG CHIN-CHISr. Vice PresidentSell399$137.23K
2026-07-22TENG CHIN-CHISr. Vice PresidentSell80$27.61K

Flow & Concentration

Insider 180d net-$53.16M
Insider buys / sells0 / 55
Insider biasSellers
13F holders0
Top-5 share0.0%
HHI0 (—)

SEC Filings

DateFormDoc
2026-08-034view
2026-07-2910-Qview
2026-07-278-Kview
2026-07-234view
2026-07-174view
2026-06-244view
2026-06-174view
2026-06-154view
2026-06-124view
2026-06-034view
2026-06-034view
2026-05-274view
2026-05-274view
2026-05-204view
2026-05-194view

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%

Indices

NASDAQ-100S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$324.97$330.81$322.78$326.132.70M
Sep 24$306.39$322.49$305.20$322.002.47M
Sep 23$305.63$315.70$305.63$309.093.59M
Sep 22$298.65$303.85$294.00$302.952.90M
Sep 21$285.73$295.80$283.39$294.902.34M

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