Company Profile · Technology

Cadence Design Systems Inc

CDNS · US
Industry
EDA Tools
Exchange
US
Country
USA
IPO date
Jun 10, 1987
Employees
15,110
Current Price
$387.39
Live · Jun 18, 2026
Baillie Growth Score
51/100
Medium
Intrinsic Value · Three-Tier Range Current price $387.39 Live · Above the optimistic ceiling · future growth overdrawn

Composite valuation range · conservative $90–$120 / fair $125–$170 / optimistic $190–$230. At $387.39, Above the optimistic ceiling · future growth overdrawn.

At publication $353.36 (May 21, 2026)

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including In novus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI Express, universal accelerator and compute express links, and multiple memory interfaces; and Ten Silica, a digital signal processor. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.

Market cap$107.46B
Revenue (TTM)$5.53B
EBITDA$2.01B
Profit margin21.18%
ROE20.66%
P/E (TTM)90.39
Forward P/E49.26
PEG3.7
EPS$4.31
52-week range$262.75 – $416.69
Analyst target$385.37
Analyst rating4.6 / 5

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

History

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Industry position

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