Key Stats
Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.
Stock Score/grades
The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
- Altman Z Score 12.78
- Piotroski Score 6.00
- Grade Neutral
- Symbol (CDNS)
- Company Cadence Design Systems, Inc.
- Price $302.90
- Changes Percentage (-0.37%)
- Change -$1.11
- Day Low $301.92
- Day High $307.65
- Year High $328.99
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
- Last Earnings
- Ex-Dividend for 5/16 Dividend
- Dividend Payable
- Today N/A
- Next Earnings (Estimated) 02/10/2025
- Fiscal Year End N/A
- Average Stock Price Target $315.00
- High Stock Price Target $360.00
- Low Stock Price Target $165.00
- Potential Upside/Downside N/A
- Consensus Rating Neutral
- Rating Score (0-4) N/A
- Research Coverage N/A
- EPS (Most Recent Fiscal Year) $3.84
- Trailing P/E Ratio 76.67
- Forward P/E Ratio 76.67
- P/E Growth 76.67
- Net Income $1.04 B
Income Statement
Quarterly
Annual
Latest News of CDNS
The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
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Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Recent Stock Performance Tethered To Its Strong Fundamentals?
Cadence Design Systems has seen a 12% increase in stock value, prompting an analysis of its Return on Equity (ROE) to assess profitability and growth potential. With an impressive 23% ROE, the company...
By Yahoo! Finance | 4 days ago -
Cadence Design Systems (CDNS): Loop Capital Sees Gold in EDA and IP Investments
Cadence Design Systems, Inc. (NASDAQ:CDNS) is analyzed against other trending AI stocks. OpenAI pushes for US AI infrastructure development to compete with China. The company collaborates with Microso...
By Yahoo! Finance | 6 days ago -
There Are Reasons To Feel Uneasy About Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital
To identify a stock with long-term growth potential, look for increasing Return on Capital Employed (ROCE) and expanding capital base. Cadence Design Systems shows a 17% ROCE, higher than the industry...
By Yahoo! Finance | 1 week ago
