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Cadence Design Systems Inc.
CDNS
290.57 (3.87%) 11.25
Information Technology
Software
Cadence Design Systems Inc. develops computational AI-driven software hardware and silicon intellectual property (IP) 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 Innovus 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 Tensilica a digital signal processor. In addition the company’s design IP portfolio includes high-speed 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 critical end-to-end system-level design and verification across chips packages PCBs and complete electronic systems; Allegro X and OrCAD X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AWR 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 advanced 3D-IC and multi-chiplet designs; the optimality intelligent system explorer Reality digital twin and Millennium enterprise multiphysics platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company was incorporated in 1987 and is headquartered in San Jose California.

Quality Checklist 8/8

5Y Shares Out Change < 0%
ROIC > 10%
Debt/Equity < 1
Current Ratio > 1
Quick Ratio > 1
Net Margin > 10%
Past Net Income CAGR > 0%
Est. EPS Growth > 5%
0.0%of Portfolio

My holdings

Day change:
Total change:
Shares:
Cost basis:
Market cap: $79.22(B)
EV: $82.36(B)
Total Equity: $5.47(B)
Earnings date: Apr-27-2026
P/E: 71.04
Forward P/E: 35.65
P/FCF: 49.76
P/S: 14.89
P/B: 14.43
EPS: $4.1
EPS (fwd): $8.2
FCF/share: $5.8
Revenue/share: $19.5
Book value/share: $20.1
ROIC: 14.1%
ROA: 11.3%
ROE: 21.7%
Debt/Equity: 0.49
Current Ratio: 2.90
Gross margin: 86.4%
Operating margin: 31.5%
Net margin: 20.9%
Dividend/share: $0.0
Div. yield: 0.00%

Growth Estimates

Revenue

CAGR: 12.4%
FY+1FY+2FY+3FY+4FY+5
FY+1$5.97(B)
FY+2(+12.0%)$6.69(B)
FY+3(+12.9%)$7.55(B)
FY+4(+8.2%)$8.17(B)
FY+5(+16.5%)$9.52(B)

Net Income

CAGR: 11.8%
FY+1FY+2FY+3FY+4FY+5
FY+1$2.23(B)
FY+2(+14.0%)$2.54(B)
FY+3(+12.4%)$2.85(B)
FY+4(+2.7%)$2.93(B)
FY+5(+18.7%)$3.48(B)

EPS

CAGR: 11.5%
FY+1FY+2FY+3FY+4FY+5
FY+1$8.15
FY+2(+13.6%)$9.26
FY+3(+13.3%)$10.49
FY+4(+1.3%)$10.63
FY+5(+18.6%)$12.61

FCF per share

CAGR: 18.0%
FY+1FY+2FY+3FY+4FY+5
FY+1$6.57
FY+2(+20.4%)$7.91
FY+3(+14.3%)$9.04
FY+4(-11.8%)$7.98
FY+5(+59.5%)$12.72