CDNS

$283.90-3.50 (-1.22%)

Market ClosedAs of Mar 20, 8:00 PM UTC

Cadence Design Systems, Inc.

Historical Price

Price (Line)
50-Day SMA
200-Day SMA
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Peer Comparison

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Whystock Valuation Model

Calculated using a trailing P/E relative model adjusted by sector ROE and historical growth.
Current Price$283.90
Potential Downside
69%
Whystock Fair Value$88.09
Price
UndervaluedFair ValueOvervalued

Fundamentals

SectorTechnology
IndustrySoftware-Application

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an ...

Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$78.32B
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
69.93
Beta
High-beta play. Expect amplified moves vs. the broad market.
1.02
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROIC
Elite ROE. Management converts capital into profit efficiently.
18.49%
Quick Ratio
Pristine liquidity. Sufficient cash to cover all near-term obligations.
2.67

Recent News

Zacks
Mar 20, 2026

Cadence and NVIDIA Redefining Chip Design With Agentic AI: Here's How

CDNS expands NVDA tie-up to power agentic AI, boosting design speed, efficiency and enabling next-gen chip, system and even drug discovery innovation.

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Zacks
Mar 20, 2026

Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know

Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Zacks
Mar 19, 2026

Why Is Cadence (CDNS) Down 5% Since Last Earnings Report?

Cadence (CDNS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

NEUTRAL
Neutral flow. Standard news cycle with no clear sentiment tilt.
Simply Wall St.
Mar 18, 2026

Is It Too Late To Consider Cadence Design Systems (CDNS) After Its Strong Multi‑Year Run?

If you are wondering whether Cadence Design Systems at around US$293.75 is still a quality opportunity or if the price already reflects most of the good news, this breakdown will help you frame that question clearly. The stock has had a mixed run, with a 0.2% return over the last 7 days, a 1.9% decline over the last 30 days, a 5.4% decline year to date, a 15.7% return over the last year, and 129.0% over five years, which naturally raises questions about what is already priced in. Recent...

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Simply Wall St.
Mar 17, 2026

Cadence Deepens AI System Design Push With Hexagon Deal And NVIDIA Alliance

Cadence Design Systems (NasdaqGS:CDNS) has completed its acquisition of Hexagon AB’s Design and Engineering division, adding new capabilities in system design and engineering. The company also expanded its collaboration with NVIDIA to integrate Cadence tools with AI and accelerated computing for design workflows. These moves deepen Cadence’s Intelligent System Design focus and are intended to bring AI driven solutions to semiconductor and broader system design markets. Cadence already sits...

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.