Cadence Design SystemsCDNS
About: Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.
Employees: 12,700
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
82% more funds holding in top 10
Funds holding in top 10: 11 [Q3] → 20 (+9) [Q4]
79% more first-time investments, than exits
New positions opened: 199 | Existing positions closed: 111
18% more repeat investments, than reductions
Existing positions increased: 488 | Existing positions reduced: 414
14% more capital invested
Capital invested by funds: $62.6B [Q3] → $71.3B (+$8.73B) [Q4]
5% more funds holding
Funds holding: 1,184 [Q3] → 1,239 (+55) [Q4]
1.38% more ownership
Funds ownership: 84.89% [Q3] → 86.27% (+1.38%) [Q4]
5% more call options, than puts
Call options by funds: $648M | Put options by funds: $614M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Oppenheimer Edward Yang 22% 1-year accuracy 2 / 9 met price target | 24%downside $200 | Underperform Maintained | 19 Mar 2025 |
Baird Joe Vruwink 39% 1-year accuracy 17 / 44 met price target | 28%upside $335 | Outperform Maintained | 20 Feb 2025 |
Loop Capital Gary Mobley 36% 1-year accuracy 8 / 22 met price target | 30%upside $340 | Buy Maintained | 19 Feb 2025 |
B of A Securities Vivek Arya 46% 1-year accuracy 48 / 105 met price target | 33%upside $350 | Buy Maintained | 19 Feb 2025 |
Rosenblatt Blair Abernethy 25% 1-year accuracy 17 / 67 met price target | 12%upside $295 | Neutral Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 10 articles about CDNS published over the past 30 days









