Cadence Design Systems (CDNS)

• Market cap: $95.1B
• 1 day: -0.71%
• 5 days: 0.15%
• 1 month: -2.03%
• 3 months: 16.02%
• 6 months: 36.81%
• Year to date: 17.25%
• 1 year: 27.78%
• 5 years: 240.33%
• 10 years: 1,546.27%
• Sector: Technology
• Industry: Software - Application

About: Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.

Employees: 12,700

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

129% more first-time investments, than exits

New positions opened: 204 | Existing positions closed: 89

21% more capital invested

Capital invested by funds: $59B [Q1] → $71.2B (+$12.2B) [Q2]

12% more funds holding in top 10

Funds holding in top 10: 17 [Q1] → 19 (+2) [Q2]

7% more funds holding

Funds holding: 1,215 [Q1] → 1,305 (+90) [Q2]

8% more repeat investments, than reductions

Existing positions increased: 498 | Existing positions reduced: 459

1% more call options, than puts

Call options by funds: $737M | Put options by funds: $727M

0.16% more ownership

Funds ownership: 84.59% [Q1] → 84.75% (+0.16%) [Q2]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $320
• Avg. target: $380
• High target: $405

11 analyst ratings

• positive: 9 82%
• neutral: 2 18%
• negative: 0 0%

Loop Capital Gary Mobley	$390	Buy Maintained	29 Jul 2025
JP Morgan Harlan Sur	$390	Overweight Maintained	29 Jul 2025
Wells Fargo Joe Quatrochi	$405	Overweight Maintained	29 Jul 2025
Keybanc Jason Celino	$405	Overweight Maintained	29 Jul 2025
Stifel Ruben Roy	$395	Buy Maintained	29 Jul 2025