Stock of the Day for February 17, 2025

Cadence Design Systems Stock Report

Cadence Design Systems
CDNS 90-day performance NASDAQ:CDNS Cadence Design Systems
Current Price
$296.28
-0.31 (-0.10%)
(As of 02/20/2026 04:00 PM ET)
30 Day Performance
-6.92%
  
  
90 Day Performance
-2.69%
  
  
1 Year Performance
14.72%
  
 
Market Capitalization
$80.65B
P/E Ratio
72.98
Price Target
$376.50

About Cadence Design Systems

Cadence Design Systems, Inc. (NASDAQ: CDNS) is a global provider of electronic design automation (EDA) software, hardware and intellectual property used to design and verify advanced semiconductor chips, systems-on-chip (SoCs), printed circuit boards (PCBs) and packaging. Headquartered in San Jose, California and founded in 1988, Cadence serves semiconductor companies, original equipment manufacturers and system designers across the globe, helping customers accelerate design cycles and manage the complexity of modern integrated systems.

The company's offerings span software tools for digital, custom/analog and mixed-signal design, verification and signoff, as well as solutions for system-level modeling, thermal and signal integrity analysis, and PCB and package design. In addition to software, Cadence supplies hardware platforms for prototyping and verification, pre‑designed IP blocks and reference flows that customers integrate into chip and system development projects. Cadence also provides cloud-enabled design flows and technical services that support deployment, optimization and training.

Cadence's customer base is broad, covering markets such as consumer electronics, communications, data center, automotive and industrial applications, and it operates internationally to support multinational semiconductor and electronics companies. The company complements its product portfolio with professional services, design IP licensing and ecosystem partnerships intended to shorten development timelines and reduce risk for complex designs.

Cadence is led by CEO Anirudh Devgan and a management team focused on innovation in EDA and system design tools, with an emphasis on enabling advanced node semiconductor design, heterogeneous integration and cloud-based design methodologies. The company positions itself as a technology partner for customers navigating the increasing system complexity of modern electronics.

CDNS Company Calendar

FEB. 17, 2026
Last Earnings
FEB. 22, 2026
Today
APR. 27, 2026
Next Earnings (Estimated)
DEC. 31, 2026
Fiscal Year End

Recent Cadence Design Systems News

3 Growth Stocks to Stash
Don't Overlook Cadence (CDNS) International Revenue Trends While Assessing the Stock
Cadence Tops Q4 Earnings on Upbeat AI Trends, Posts Solid Backlog
Cadence Spikes Post-Earnings With Strong Interest in AI Products
Piper Sandler Has Lowered Expectations for Cadence Design Systems (NASDAQ:CDNS) Stock Price
Morgan Stanley Has Lowered Expectations for Cadence Design Systems (NASDAQ:CDNS) Stock Price
This report was written by MarketBeat.com on February 22, 2026. This report first appeared on MarketBeat.com.