StratDeckCDNS

Cadence Design Systems, Inc.

CDNS—AI Infrastructure · Semiconductor equipment
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Technology · Software - Application · United States

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.

Price279.06USD
1D-3.56%
Market cap76.9B
AnalystsStrong buy28
Next earnings26 Oct
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Trade ideas

CDNS isn't in any strategy's Top Picks or Good Opportunities today.

Analysts

ConsensusStrong buy28
Mean score1.38
Mean target402.12+44.10%
Target range300.00–470.00

Value vs sector peers

#31 of 50 in TechnologyWeakest in sector39
  • Fwd P/E29.232
  • P/B11.251
  • P/E55.437
  • Rev growth+24.2%33

Not scored on Yield. The rest were reweighted to make up the difference.

Nearest in Technology

  1. #29AMATApplied Materials, Inc.Weakest in sector45
  2. #30GLWCorning IncorporatedWeakest in sector40
  3. #31CDNSCadence Design Systems, Inc.Weakest in sector39
  4. #32NOWServiceNow, Inc.Weakest in sector35

Fundamentals

P/E55.4
Forward P/E29.2
Price / book11.21
Dividend yield—
Beta1.14
52-week range262.75–416.6911/100
ADV (USD)738M
Relative volume1.1
10d avg volume2.64M
Revenue growth+24.20%
EPS growth+125.40%

Performance

1D-3.56%
7D-4.66%
1M-14.09%
3M-29.26%
6M-4.67%
YTD-10.72%

AI Infrastructure · Semiconductor equipment

The AI trade
Above 200 EMA56%
1W-5.0%
1M-12.8%

Chip design software; filed under semicap beside SNPS, as the tools upstream of the fab.

In the briefing and the feed

Briefing for 11 Sept

Neither the briefing nor the research feed has named CDNS.

Catalysts

Next earnings: 26 Oct

Trade idea history

No trade idea has fired on CDNS since the ledger opened.

Get it by email

The board CDNS sits on, in one five-minute email every weekday before the New York open and on Saturdays: market strength, the biggest movers, earnings coming up and the names sitting at their 200-day EMA.