Cadence Design Systems (CDNS)
(Delayed Data from NSDQ)
$281.76 USD
-2.01 (-0.71%)
Updated Apr 23, 2024 04:00 PM ET
Pre-Market: $282.81 +1.05 (0.37%) 8:02 AM ET
2-Buy of 5 2
F Value D Growth A Momentum D VGM
Company Summary
Based in San Jose, CA, Cadence Design Systems Inc is a leader in electronic system design space. The company’s Intelligent System Design strategy aids users to transform design concepts into reality by offering computational software, hardware and IP.
Cadence’s core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP’s are directly integrated into ICs.
Cadence reported revenues of $4.09 billion in 2023.
The major product lines are as follows:
Functional verification products (27% ...
Company Summary
Based in San Jose, CA, Cadence Design Systems Inc is a leader in electronic system design space. The company’s Intelligent System Design strategy aids users to transform design concepts into reality by offering computational software, hardware and IP.
Cadence’s core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP’s are directly integrated into ICs.
Cadence reported revenues of $4.09 billion in 2023.
The major product lines are as follows:
Functional verification products (27% of total 2023 revenues) comprise four primary verification engines – JasperGold formal verification platform, Xcelium parallel simulation platform, Palladium Enterprise Emulation Platform and Protium FPGA-Based Prototyping Platform.
Digital IC Design and Signoff (27%) offerings include Genus Synthesis solution, Joules RTL power and Modus software solution. Innovus implementation system is the company’s physical implementation offering. The company’s signoff offerings include the Tempus Timing Signoff Solution, Voltus Power Integrity Solution, Quantus Extraction Solution and Pegasus Physical Verification System.
Custom IC Design and Simulation (22%) includes the Virtuoso custom design platform, Virtuoso Advanced Node and the Virtuoso RF Solution. The Spectre Simulation Platform offers large-scale verification simulation.
Systems Design & Analysis segment (12%) offers Allegro system interconnect design platform, Fidelity CFD Software and OrCAD solution. The Allegro System Design Platform aids users in carrying out PCB authoring and implementation, PCB library design management and collaboration, signal and power integrity analysis, IC package and system-in-package design.
Under the IP segment (12%), Cadence offers Tensilica digital signal processors (DSPs), vertically targeted subsystems for AI, audio/voice, baseband and vision/imaging applications, controllers and physical interfaces (PHYs) for standard protocols and analog IP.
In 2023, the company derived 41.4% of revenues from the United States, while the balance 58.6% came from its international operations.
General Information
Cadence Design Systems, Inc
2655 SEELY AVENUE BLDG 5
SAN JOSE, CA 95134
Phone: 408-943-1234
Fax: 408-428-5001
Email: investor_relations@cadence.com
Industry | Computer - Software |
Sector | Computer and Technology |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/22/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.44 |
Current Year EPS Consensus Estimate | 5.93 |
Estimated Long-Term EPS Growth Rate | 17.10 |
Exp Earnings Date | 7/22/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 283.77 |
52 Week High | 327.36 |
52 Week Low | 194.01 |
Beta | 1.04 |
20 Day Moving Average | 1,306,850.88 |
Target Price Consensus | 327.00 |
4 Week | -10.84 |
12 Week | -4.36 |
YTD | 3.45 |
4 Week | -8.30 |
12 Week | -6.98 |
YTD | -0.38 |
Shares Outstanding (millions) | 272.24 |
Market Capitalization (millions) | 76,706.07 |
Short Ratio | NA |
Last Split Date | 11/17/1997 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 47.54 |
Trailing 12 Months | 56.02 |
PEG Ratio | 2.79 |
vs. Previous Year | -16.67% |
vs. Previous Quarter | -19.81% |
vs. Previous Year | -1.23% |
vs. Previous Quarter | -5.57% |
Price/Book | 21.50 |
Price/Cash Flow | 62.55 |
Price / Sales | 18.81 |
3/31/24 | 33.53 |
12/31/23 | 35.57 |
9/30/23 | 34.64 |
3/31/24 | 19.44 |
12/31/23 | 20.53 |
9/30/23 | 19.41 |
3/31/24 | NA |
12/31/23 | 1.24 |
9/30/23 | 1.44 |
3/31/24 | NA |
12/31/23 | 1.13 |
9/30/23 | 1.31 |
3/31/24 | 25.84 |
12/31/23 | 26.89 |
9/30/23 | 25.86 |
3/31/24 | 25.68 |
12/31/23 | 25.46 |
9/30/23 | 24.42 |
3/31/24 | NA |
12/31/23 | 31.34 |
9/30/23 | 28.83 |
3/31/24 | NA |
12/31/23 | 12.51 |
9/30/23 | 11.45 |
3/31/24 | NA |
12/31/23 | 2.84 |
9/30/23 | 3.04 |
3/31/24 | NA |
12/31/23 | 0.09 |
9/30/23 | 0.21 |
3/31/24 | NA |
12/31/23 | 8.09 |
9/30/23 | 17.24 |