Cadence Design SystemsCDNS
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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
5% less repeat investments, than reductions
Existing positions increased: 460 | Existing positions reduced: 486
2.05% less ownership
Funds ownership: 85.89% [Q4 2024] → 83.84% (-2.05%) [Q1 2025]
4% less funds holding
Funds holding: 1,253 [Q4 2024] → 1,199 (-54) [Q1 2025]
15% less funds holding in top 10
Funds holding in top 10: 20 [Q4 2024] → 17 (-3) [Q1 2025]
16% less first-time investments, than exits
New positions opened: 122 | Existing positions closed: 146
18% less capital invested
Capital invested by funds: $71B [Q4 2024] → $58.5B (-$12.5B) [Q1 2025]
28% less call options, than puts
Call options by funds: $424M | Put options by funds: $589M
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Wells Fargo Joe Quatrochi | 22%upside $365 | Overweight Maintained | 16 May 2025 |
Keybanc Jason Celino | 25%upside $375 | Overweight Maintained | 15 May 2025 |
Needham Charles Shi | 8%upside $325 | Buy Reiterated | 13 May 2025 |
B of A Securities Vivek Arya | 17%upside $350 | Buy Maintained | 29 Apr 2025 |
JP Morgan Harlan Sur | 10%upside $330 | Overweight Maintained | 29 Apr 2025 |
Financial journalist opinion
Based on 18 articles about CDNS published over the past 30 days









