Cadence Design Systems, Inc. (CDNS)

NASDAQ: CDNS · USD

$342

-1.10 (-0.3%)· Recorded snapshot

Fonte em inglêsPT

Exibindo a fonte em inglês enquanto traduzimos

Este relatório ainda não foi traduzido. Atualize em alguns minutos assim que a fila de tradução recuperar o atraso.

StockMarketAgent Research · Analyzed 2026-05-10

Our latest published analysis: CDNS rated Sell

Cadence Design Systems, Inc.'s published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$152 / share

Potential value

$196 / share

Upside to FV

-58.1%

from $342

Moat

9/10

Wide

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$100.0B
Revenue (ttm)	6.1B
Net income (ttm)	1.4B
EPS (ttm)	$5.03
Shares out	275.4M
P/E (trailing)	68.0x
P/E (forward)	38.7x
Volume	2,014,971
Beta	1.13

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 6.1B
Net income (ttm): 1.4B
EPS (ttm): $5.03
P/E (trailing): 68.0x
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	$785.4M	$1.07B	$1.32B	$1.47B	$1.64B	+20.2%
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	39.4x	10.8x	101.6%	+6.1%	+28.5%	Vender
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	Vender
ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	Compra forte
ACN	Accenture plc	144.3B	18.0x	2.0x	27.9%	+8.0%	+0.4%	Manter
ADI	Analog Devices, Inc.	207.6B	50.9x	14.8x	11.0%	+16.4%	+76.9%	Vender
AI	C3.ai, Inc.	2B	—	8.4x	-35.6%	+3.6%	-33.6%	Vender

Base and Bull scenarios

Bull20%

Price target

$195.90

-46.0% from spot

AI-driven chip design and custom silicon trends accelerate, pushing EDA software usage higher across non-traditional tech companies. Operating leverage expands margins.

AI-driven design accelerates non-traditional adoption.
Operating leverage pushes margins structurally higher.
Premium multiple sustained.

Base60%

Price target

$152.08

-58.1% from spot

CDNS maintains its duopoly position and rides the AI silicon wave, but valuation normalizes to match fundamental cash flow generation and mature compounder characteristics.

17.1% revenue growth in Year 1, 13.1% in Year 2.
32% operating margins.
25x terminal PE multiple.

Sensitivity: Ke × terminal growth

Ke ↓ / g →	2.0%	2.5%	3.0%	3.5%	4.0%
8.8%	$174	$188	$204	$224	$247
9.8%	$152	$162	$174	$188	$204
10.8%	$134	$143	$152	$162	$174
11.8%	$121	$127	$134	$143	$152
12.8%	$109	$115	$121	$127	$134

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E38.7

P25 n/aP50 n/aP75 n/a

Trailing P/E84.7

P25 n/aP50 n/aP75 n/a

ROE22.9

P25 n/aP50 n/aP75 n/a

ROIC17.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All CDNS indicators

Market & fundamental data

Available fields

280

Groups with data

Currency

USD

Showing 280 of 280 available metrics for this ticker.

Profile and market data

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

Metric	Value
Amount currency	USD
CIK code	0000813672
Company name	Cadence Design Systems, Inc.
Country	United States
Country code	US
CUSIP number	127387108
Earnings date	2026-10-26
Earnings time	amc
Employees	13,800
Employees change	1,100
Employees growth	8.66%
Enterprise value	$95.4B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1988
In index	SP500, NASDAQ100
Industry	Software - Application
IPO date	1987-06-10
Is primary listing	Yes
Is SPAC	No
ISIN number	US1273871087
Last 10-K release date	2026-02-19
Last earnings date	2026-10-26
Last refreshed	2026-10-28
Last stock split date	1997-11-17
Last stock split type	Forward
Market cap	$94.2B
Market cap category	Large-Cap
Next earnings date	2027-02-16
Options	Yes
Price	$341.98
Price currency	USD
Sector	Technology
SIC code	7372
Stock price date	2026-10-28
Symbol	CDNS
Tags	artificial-intelligence
U.S. state	California
Website	https://www.cadence.com

Valuation

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

Metric	Value
Adjusted P/E ratio	41.86x
Average P/E ratio (10Y)	57.16x
Average P/E ratio (3Y)	75.23x
Average P/E ratio (5Y)	70.33x
Earnings yield	1.47%
EV/Earnings	68.84x
EV/EBIT	51.43x
EV/EBITDA	42.57x
EV/FCF	53.89x
EV/Sales	15.5x
FCF / EV yield	1.86%
FCF yield	1.88%
Forward EV/Sales	13.41x
Forward P/E	36.1x
Forward P/S	13.24x
Graham number	53.31165
Graham upside	-84.36%
Industry forward P/E	19.55x
Industry P/E	72.09x
Lynch fair value	$74.32
Lynch upside	-78.19%
P/(FCF - SBC) ratio	76.89x
P/(OCF - SBC) ratio	65.87x
P/B ratio	13.66x
P/E ratio	67.99x
P/FCF ratio	53.22x
P/OCF ratio	47.69x
P/S ratio	15.31x
PEG ratio	2.09x
Price / tangible book value	600.51x
Price/EBITDA ratio	42.04x
Sector forward P/E	18.86x
Sector P/E	32.77x

Profitability

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

Metric	Value
EBIT margin	30.13%
EBITDA margin	36.41%
Effective tax rate	24.95%
FCF margin	28.76%
Gross margin	85.68%
Operating margin	30.13%
Pretax margin	30%
Profit margin	22.51%
Profit per employee	$100,045
Profitable quarters	34
Profitable years	16
Revenue per employee	$444,355
ROA	10.58%
ROA (5Y)	12.72%
ROCE	18.94%
ROE	22.87%
ROE (5Y)	27.88%
ROIC	17.3%
ROIC (5Y)	31.73%
SBC / revenue	8.86%
Tax / revenue	7.49%

Growth

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

Metric	Value
EPS growth	29.59%
EPS growth (QoQ)	-21.05%
EPS growth 10Y	19.84%
EPS growth 3Y	12.73%
EPS growth 5Y	15.19%
EPS growth quarters	4
EPS growth years	5
FCF growth	19.28%
FCF growth (Q)	30.67%
FCF growth (QoQ)	-37.85%
FCF growth 3Y	12.61%
FCF growth 5Y	13.42%
Gross profit growth	17.82%
Gross profit growth (Q)	20.84%
Gross profit growth 3Y	14.53%
Gross profit growth 5Y	14.55%
Net income growth	30.13%
Net income growth (Q)	0.91%
Net income growth (QoQ)	-21.07%
Net income growth 3Y	12.97%
Net income growth 5Y	14.78%
Net income growth quarters	4
Net income growth years	5
OCF growth	21.73%
OCF growth (Q)	36.39%
OCF growth (QoQ)	-33.26%
OCF growth 10Y	18.16%
OCF growth 3Y	13.65%
OCF growth 5Y	14.03%
Operating income growth	10.45%
Operating income growth (Q)	0.23%
Operating income growth 3Y	17.2%
Operating income growth 5Y	18.83%
Revenue growth	17.64%
Revenue growth (Q)	22%
Revenue growth (QoQ)	3.08%
Revenue growth 10Y	13.11%
Revenue growth 3Y	16.07%
Revenue growth 5Y	15.56%
Revenue growth quarters	9
Revenue growth years	16

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-204.3M
Depreciation and amortization	$384.7M
EBIT	$1.8B
EBITDA	$2.2B
EPS	$5.03
FCF per share	$6.40
Financing cash flow	$-920.4M
Free cash flow	$1.8B
Free cash flow minus SBC	$1.2B
Gross profit	$5.3B
Income taxes	$459M
Investing cash flow	$-2.3B
Net borrowing	$150M
Net cash flow	$-1.3B
Net income	$1.4B
Operating cash flow minus SBC	$1.4B
Operating income	$1.8B
Revenue	$6.1B
Stock-based compensation	$543M

Financial strength

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

Metric	Value
Book value per share	$25.12
Debt / EBITDA	1.18
Debt / equity	0.38
Debt / FCF	1.49
Goodwill	$4.9B
Interest coverage	14.6
Long-term assets	$8.9B
Long-term liabilities	$2.9B
Net cash (debt)	$-1.2B
Net cash / market cap	-1.26%
Net debt / EBITDA	0.53
Net debt / equity	0.17
Net debt / FCF	0.67
Piotroski F-Score	7
Property, plant and equipment	$603.2M
Shareholders' equity	$6.9B
Tangible book value	$156.3M
Tangible book value per share	$0.57
Total assets	$12.2B
Total cash	$1.5B
Total debt	$2.6B
Total liabilities	$5.3B
WACC	10.27%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.56
Current assets	$3.4B
Current liabilities	$2.5B
Current ratio	1.36
Inventory turnover	2.39
Net working capital	$84.2M
Quick ratio	1.04
Working capital	$887.4M
Working capital turnover	3.25

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-0.32%
Dividend yield	0%
Shareholder yield	-0.32%

Performance and technicals

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

Metric	Value
10Y price change	1,241.56%
10Y return CAGR	29.65%
10Y total return	1,241.56%
150-day SMA	$337.29
15Y price change	2,951.3%
15Y return CAGR	25.59%
15Y total return	2,951.3%
1D price change	-0.32%
1M price change	4.32%
1M total return	4.32%
1W price change	6.36%
1W total return	6.36%
1Y price change	-3.18%
1Y return CAGR	-3.18%
1Y total return	-3.18%
20-day SMA	$336.62
200-day SMA	$327.36
20Y price change	1,816.73%
20Y return CAGR	15.91%
20Y total return	1,816.73%
3M price change	0.48%
3M total return	0.48%
3Y price change	47.36%
3Y return CAGR	13.79%
3Y total return	47.36%
50-day SMA	$319.64
50-day SMA vs 200-day SMA	50under200
52-week high	$416.69
52-week high date	2026-06-02
52-week low	$262.75
52-week low date	2026-02-03
5Y price change	106.07%
5Y return CAGR	15.56%
5Y total return	106.07%
6M price change	1.09%
6M total return	1.09%
All-time high	$416.69
All-time high date	2026-06-02
All-time low	$1.83
All-time low date	1993-04-16
Average true range (ATR)	$13.28
Average volume	2.4M
Beta (1Y)	1.62
Beta (2Y)	1.34
Beta (5Y)	1.13
Change from 52-week high	-17.93%
Change from 52-week low	30.16%
Change from all-time high	-18.35%
Change from all-time low	18,460.83%
Change from open	0.41%
Day's gap	-0.73%
Dollar volume	$689.1M
High price	$348.58
Low price	$333.67
Monthly RSI	56
Open price	$340.57
Position in 52-week range	55.73%
Premarket change	-0.03%
Premarket close	$343.08
Premarket price	$342.98
Premarket volume	2.5K
Previous close	$343.08
Price vs 150-day SMA	0.87%
Price vs 20-day SMA	1.07%
Price vs 200-day SMA	3.93%
Price vs 50-day SMA	6.44%
Relative volume	0.86
RSI	56.46
Sharpe ratio	0.03
Sharpe ratio (3Y)	0.39
Sharpe ratio (5Y)	0.48
Sortino ratio	0.19
Sortino ratio (3Y)	0.72
Sortino ratio (5Y)	0.87
Volume	2M
Weekly RSI	52.65
YTD price change	8.84%
YTD total return	8.84%

Ownership and float

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

Metric	Value
Float	274.2M
Float percentage	99.56%
Shares change (QoQ)	-0.32%
Shares change (YoY)	0.32%
Shares held by insiders	0.34%
Shares held by institutions	90.32%
Shares outstanding	275.4M
Short % of float	2.15%
Short % of shares	2.14%
Short ratio	2.2 days

Other indicators

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

Metric	Value
Page views	188

Deeper analysis on CDNS

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

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 is used for CDNS?

The latest published report analyzed 2026-05-10 gives CDNS a fair value of USD 152 and a potential value of USD 196. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks 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.

SellCDNS · Fair value $152-58.1%

Read full analysis →

Category	Score	Reading
Valuation	1.5
Management	6.9
Balance Sheet	6.0
Profitability	6.5
Revenue Growth	7.5
Risk Assessment	6.5
Competitive Moat	9.0
Earnings Quality	9.0
Capital Efficiency	6.5

Cadence Design Systems, Inc. (CDNS)

Our latest published analysis: CDNS rated Sell

Price

Financial snapshot

Fair-value bridge

Latest news · CDNS

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All CDNS indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on CDNS

Frequently asked questions

Histórico de classificações