CDNS icon

Cadence Design Systems

262.54 USD
-0.87
0.33%
At close Mar 27, 4:00 PM EDT
After hours
262.54
+0.00
0.00%
1 day
-0.33%
5 days
2.99%
1 month
5.62%
3 months
-13.93%
6 months
-4.23%
Year to date
-11.80%
1 year
-15.67%
5 years
321.55%
10 years
1,352.10%
 

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

0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 8 analysts

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

Low target
$200
24%
downside
Avg. target
$315
20%
upside
High target
$350
33%
upside

8 analyst ratings

positive
75%
neutral
13%
negative
13%
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

Neutral
Zacks Investment Research
1 day ago
Cadence Stock Plunges 10% YTD: How Should You Play the Stock?
CDNS' robust portfolio amid increasing design activity is promising, but external risks warrant caution. Investors should wait for a better entry point.
Cadence Stock Plunges 10% YTD: How Should You Play the Stock?
Positive
Zacks Investment Research
2 days ago
Cadence Design Systems (CDNS) Beats Stock Market Upswing: What Investors Need to Know
Cadence Design Systems (CDNS) reachead $269.11 at the closing of the latest trading day, reflecting a +0.73% change compared to its last close.
Cadence Design Systems (CDNS) Beats Stock Market Upswing: What Investors Need to Know
Positive
Zacks Investment Research
1 week ago
Cadence & NVIDIA Expand Collaboration to Power AI Innovations
With NVDA's latest Blackwell architecture, CDNS aims to drive significant advancements in engineering, scientific simulations and AI-powered design processes.
Cadence & NVIDIA Expand Collaboration to Power AI Innovations
Neutral
Business Wire
1 week ago
Cadence Accelerates AI-Driven Engineering Design and Science with NVIDIA Grace Blackwell
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence expanded its multi-year collaboration with NVIDIA, focusing on driving advancements in accelerated computing and agentic AI.
Cadence Accelerates AI-Driven Engineering Design and Science with NVIDIA Grace Blackwell
Positive
Zacks Investment Research
1 week ago
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Positive
Zacks Investment Research
2 weeks ago
Cadence Design Systems (CDNS) Ascends While Market Falls: Some Facts to Note
Cadence Design Systems (CDNS) closed the most recent trading day at $234.25, moving +0.12% from the previous trading session.
Cadence Design Systems (CDNS) Ascends While Market Falls: Some Facts to Note
Positive
Market Watch
2 weeks ago
These 13 growth stocks have dropped this year. They are expected to roar back.
These companies are expected by analysts to increase revenue by at least double the rate of the S&P 500. Their stocks are expected to rise at least 29% over the next 12 months.
These 13 growth stocks have dropped this year. They are expected to roar back.
Positive
Zacks Investment Research
2 weeks ago
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Neutral
Seeking Alpha
3 weeks ago
Cadence Design Systems, Inc. (CDNS) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
Cadence Design Systems, Inc. (NASDAQ:CDNS ) Morgan Stanley Technology, Media & Telecom Conference March 5, 2025 5:35 PM ET Company Participants Anirudh Devgan - President & Chief Executive Officer Conference Call Participants Unidentified Analyst All right. So, good afternoon, everyone.
Cadence Design Systems, Inc. (CDNS) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
Neutral
Zacks Investment Research
4 weeks ago
Investing in Cadence (CDNS)? Don't Miss Assessing Its International Revenue Trends
Examine Cadence's (CDNS) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
Investing in Cadence (CDNS)? Don't Miss Assessing Its International Revenue Trends
Charts implemented using Lightweight Charts™