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
$364.57
-6.46 (-1.74%)
(As of 04:00 PM ET)
30 Day Performance
17.81%
  
 
90 Day Performance
18.31%
  
 
1 Year Performance
36.21%
  
 
Market Capitalization
$99.54B
P/E Ratio
98.53
Price Target
$364.33
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 synthesis and Joules RTL power solutions, as well as Modus DFT 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 Innovus implementation system, a physical implementation system. 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 with 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 consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

CDNS Company Calendar

JUL. 28, 2025
Last Earnings
JUL. 31, 2025
Today
DEC. 31, 2025
Fiscal Year End

Recent Cadence Design Systems News

KeyCorp Issues Positive Forecast for Cadence Design Systems (NASDAQ:CDNS) Stock Price
Piper Sandler Reiterates Neutral Rating for Cadence Design Systems (NASDAQ:CDNS)
Cadence Design Systems (NASDAQ:CDNS) Price Target Raised to $405.00
This report was written on February 17, 2025 and updated on July 31, 2025. This report first appeared on MarketBeat.com.