Cadence Design Systems Inc. (CDNS)

NASDAQ: CDNS · USD

$345

+6.10 (+1.8%)· Recorded snapshot

Coverage state: Latest published research available

Market snapshot recorded 2026-07-29 02:00 UTC. Latest published research analyzed 2026-05-10 · stale · sources unverified. Prices and fundamentals on this server-rendered page are dated snapshots, not a real-time trading feed.

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StockMarketAgent Research · Analyzed 2026-05-10

Our latest published analysis: CDNS rated Sell

Sell. Exceptional business quality overshadowed by absurd valuation multiples detached from mathematical reality.

Fair value (mid)

$152 / share

$110 – $196

Upside to FV

-58.1%

from $345

Confidence

88/100

Moat

9/10

Read full analysis

Market cap	$100.0B
Revenue (ttm)	5.8B
Net income (ttm)	1.4B
EPS (ttm)	$5.03
Shares out	275.8M
P/E (trailing)	68.5x
P/E (forward)	38.7x
Volume	4,911,976
Beta	1.15
Price target	$404	+17.1%

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 5.8B
Net income (ttm): 1.4B
EPS (ttm): $5.03
P/E (trailing): 68.5x
P/E (forward): 38.7x
Market cap: $100.0B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$2.99B	$3.56B	$4.09B	$4.64B	$5.30B	+15.4%
Gross profit	$2.68B	$3.19B	$3.65B	$3.99B	$4.57B	+14.3%
Operating income	$778.0M	$1.07B	$1.26B	$1.38B	$1.65B	+20.7%
Net income	$696.0M	$849.0M	$1.04B	$1.06B	$1.11B	+12.4%
EPS (diluted)	$2.50	$3.09	$3.82	$3.85	$4.06	+12.9%
EBITDA	$916.1M	$1.20B	$1.46B	$1.67B	$1.87B	+19.6%
R&D	$1.13B	$1.25B	$1.44B	$1.55B	$1.77B	+11.7%
SG&A	$749.3M	$846.3M	$932.7M	$1.03B	$1.12B	+10.5%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	5T	41.0x	11.0x	104.3%	+6.8%	+58.6%	Sell
ABNB	Airbnb Inc.	90.8B	37.5x	7.2x	15.9%	+29.9%	+7.6%	Hold
ADBE	Adobe Inc.	104.7B	15.1x	4.2x	60.7%	+11.9%	-28.7%	Strong Buy
ACN	Accenture plc	106B	13.9x	1.4x	27.1%	+8.8%	-35.4%	Buy
ADI	Analog Devices Inc.	172.1B	52.6x	13.5x	9.1%	+15.5%	+55.2%	Sell
ADSK	Autodesk Inc.	51.8B	35.8x	6.9x	49.1%	+14.0%	-19.5%	Sell

All CDNS indicators

Market & fundamental data

Available fields

282

Groups with data

Currency

USD

Showing 282 of 282 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0000813672
Company name	Cadence Design Systems, Inc.
Country	United States
Country code	US
Cusip	127387108
Employees	13,800
Employees Change	1,100%
Employees Change Percent	8.66
Enterprise value	$96.1B
Exchange	NASDAQ
Financial currency	USD
First seen	2026-05-09
In Index	SP500, NASDAQ100
Industry	Software - Application
Industry PE	44.65
Industry PE Fwd	19.44
IPO Date	1987-06-10
Isin	US1273871087
Last refreshed	2026-07-29
Market cap	$95.1B
Market cap category	Large-Cap
Price	$345
Price currency	USD
Rev Per Employee	423,016.16x
Sector	Technology
Sector PE	36.16
Sector PE Fwd	20.03
Sic	7372
Symbol	CDNS
Tags	artificial-intelligence
Website	https://www.cadence.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	1.45%
EV Earnings	69.75x
EV Sales Forward	14.41x
EV/EBIT	54.29x
EV/EBITDA	45.92x
EV/FCF	57.26x
EV/Sales	16.47x
FCF yield	1.77%
Forward P/E	40.29x
P/B ratio	13.77x
P/E ratio	68.53x
P/S ratio	16.29x
PE Ratio10 Y	56.28x
PE Ratio3 Y	75.28x
PE Ratio5 Y	70.09x
PEG ratio	2.62x
PS Forward	14.25x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	30.33%
EBITDA Margin	35.86%
FCF margin	28.76%
Gross margin	85.87%
Gross Profit	$5B
Gross Profit Growth	15.11%
Gross Profit Growth Q	23.26%
Gross Profit Growth3 Y	13.83%
Gross Profit Growth5 Y	14.26%
Net Income	$1.4B
Net Income Growth	36.17%
Net Income Growth Q	129.35%
Net Income Growth Quarters	3%
Net Income Growth Years	5%
Net Income Growth3 Y	15.7%
Net Income Growth5 Y	15.23%
Pretax Margin	31.25%
Profit Margin	23.61%
Profit Per Employee	$99,855
Profitable Quarters	$33
Profitable Years	16
ROA	10.59
Roa5y	12.72
ROCE	17.3
ROE	23.23
Roe5y	27.88
ROIC	17.28
Roic5y	31.73

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	30.44%
Cagr15y	27.04%
Cagr1y	3.78%
Cagr20y	16.81%
Cagr3y	13.64%
Cagr5y	19.2%
EPS Growth	35.91
EPS Growth Q	125.4
EPS Growth Quarters	3
EPS Growth Years	5
EPS Growth3 Y	15.56
EPS Growth5 Y	15.67
FCF Growth	5.91%
FCF Growth Q	74.59%
FCF Growth3 Y	13.96%
FCF Growth5 Y	14.62%
OCF Growth	8.09%
OCF Growth Q	68.15%
OCF Growth10 Y	17.39%
OCF Growth3 Y	13.7%
OCF Growth5 Y	14.78%
Revenue Growth	14.7x
Revenue Growth Q	24.23x
Revenue Growth Quarters	8x
Revenue Growth Years	16x
Revenue Growth3 Y	15.38x
Revenue Growth5 Y	15.09x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.54
Assets	$12.1B
Cash	$1.4B
Current Assets	$3.2B
Current Liabilities	$1.8B
Debt	$2.5B
Debt EBITDA	$1.19
Debt Equity	$0.36
Debt FCF	$1.48
Equity	$6.9B
Interest Coverage	14.14
Liabilities	$5.2B
Long Term Assets	$8.9B
Long Term Liabilities	$3.4B
Net Cash	$-1B
Net Cash By Market Cap	$-1.1
Net Debt EBITDA	$0.5
Net Debt Equity	$0.15
Net Debt FCF	$0.62
Tangible Book Value	$68.7M
Tangible Book Value Per Share	$0.25
WACC	10.39

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.74
Inventory Turnover	2.68
Net Working Capital	$-67.4M
Quick ratio	1.36
Working Capital	$1.4B
Working Capital Turnover	$2.85

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	-0.17%
Dividend Yield	0%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	1,325.64%
1Y total return	3.77%
200-day SMA	327.6
3Y total return	46.75%
50-day SMA	371.8
50-day SMA vs 200-day SMA	50over200
5Y total return	140.61%
All Time High	416.7
All Time High Change	-17.27%
All Time High Date	2026-06-02
All Time Low	1.83
All Time Low Change	18,706.33%
All Time Low Date	1993-04-16
ATR	15.45
Beta	1.15
Beta1y	1.34
Beta2y	1.33
Ch YTD	10.28
High	355.6
High52	416.7
High52 Date	2026-06-02
High52ch	-17.27%
Low	335.2
Low52	262.7
Low52 Date	2026-02-03
Low52ch	31.2%
Ma50ch	-7.29%
Premarket Change Percent	-3.43
Premarket Price	$327
Premarket Volume	63,212
Price vs 200-day SMA	5.21%
RSI	43.32
RSI Monthly	57.22
RSI Weekly	52.05
Sharpe ratio	0.19x
Sortino ratio	0.43
Total Return	-0.17%
Tr YTD	10.28
Tr15y	3,524.82%
Tr1m	-8.63%
Tr1w	0.02%
Tr3m	2.43%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	25
Analyst Count Top	10
Analyst Price Target Top	$416
Analyst Ratings	Strong Buy
Analyst Ratings Top	Strong Buy
Earnings EPS Estimate	$1.97
Earnings EPS Estimate Growth	19.39
Earnings Revenue Estimate	1,576,595,360x
Earnings Revenue Estimate Growth	23.65x
Operating Income	$1.8B
Operating Income Growth	15.89
Operating Income Growth Q	20.19
Operating Income Growth3 Y	18.37
Operating Income Growth5 Y	19.36
Operating margin	31.34
Price target	$404
Price Target Change	$17.1
Price Target Change Top	$20.59

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	274,545,090%
Float Percent	99.54%
Shares Insiders	0.35%
Shares Institutions	88.19%
Shares Out	275,816,000
Shares Qo Q	0.89%
Shares Yo Y	0.17%
Short Float	2.25%
Short Ratio	2.76
Short Shares	2.24

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	$1.2B
Adjusted OCF	1,340,558,000
Average Volume	2,276,565.65x
Bv Per Share	25.03
CAPEX	$-176.2M
Ch10y	1,325.6
Ch15y	3,524.8
Ch1m	-8.63
Ch1w	0.02
Ch1y	3.77
Ch20y	2,135.5
Ch3m	2.43
Ch3y	46.75
Ch5y	140.6
Ch6m	8.28
Change	1.8%
Change From Open	2.85
Close	338.6
Days Gap	-1.02
Depreciation Amortization	322,847,000
Dollar Volume	1,693,256,366.7
Earnings Date	2026-07-27
Earnings Time	amc
EBIT	$1.8B
EBITDA	$2.1B
EPS	$5.03
F Score	5
FCF	$1.7B
FCF EV Yield	1.75x
FCF Per Share	$6.09
Financing CF	-859,835,000
Fiscal Year End	December
Founded	1,988
Goodwill	4,914,788,000
Graham Number	53.22771
Graham Upside	-84.56
Income Tax	$446.1M
Investing CF	-2,348,830,000
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-07-27
Last Report Date	2026-06-30
Last Split Date	1997-11-17
Last Split Type	Forward
Last10k Filing Date	2026-02-19
Lynch Fair Value	$76.58
Lynch Upside	-77.78
Ma150	328.5
Ma150ch	4.95%
Ma20	359.5
Ma20ch	-4.11%
Net CF	-1,382,319,000
Next Earnings Date	2026-10-26
Open	335.2
Optionable	Yes
P FCF Ratio	56.64
P FCF Ratio SBC	81.66
P OCF Ratio	51.26
P OCF Ratio SBC	70.93
Position In Range	46.79
Post Close	344.7
Postmarket Change Percent	0.39
Postmarket Price	$346
Ppne	560,161,000
Pre Close	338.6
Price Date	2026-07-28
Price EBITDA	$45.42
Ptbv Ratio	1,383.6
Relative Volume	2.16x
Revenue	5,837,623,000x
SBC By Revenue	8.81x
Share Based Comp	514,310,000
Tax By Revenue	7.64x
Tax Rate	24.46%
Tr20y	2,135.54%
Tr6m	8.28%
Us State	California
Views	401
Volume	4,911,976

Frequently asked questions

About this CDNS report

What is the latest published CDNS stock rating?

Cadence Design Systems Inc. is shown with sell in the latest published report, analyzed 2026-05-10. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full CDNS analysis?

The full latest published report, analyzed 2026-05-10, lives at /stocks/CDNS/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair-value range is used for CDNS?

The latest published report analyzed 2026-05-10 frames CDNS around USD 110 to USD 196. This is a dated valuation range, not a live market price; check the valuation, sensitivity, and bear-case tabs before making a decision.

How often is the CDNS page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-05-10). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

Cadence Design Systems Inc. (CDNS)

Coverage state: Latest published research available

Generate a fresh CDNS analysis

Our latest published analysis: CDNS rated Sell

Price

Financial snapshot

Fair-value bridge

Analyst consensus

Latest news · CDNS

Valuation

Profitability

Balance sheet

Trading

Position sizing & entry playbook

Next earnings

Sector percentile context

All CDNS indicators

Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Analyst estimates

Ownership and float

Other indicators

Deeper analysis on CDNS

Frequently asked questions