CDNS icon

Cadence Design Systems

373.16 USD
+2.13
0.57%
Updated Jul 31, 10:52 AM EDT
1 day
0.57%
5 days
14.82%
1 month
21.10%
3 months
25.33%
6 months
25.38%
Year to date
25.36%
1 year
39.42%
5 years
241.57%
10 years
1,679.49%
 

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

0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 11 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

5% less repeat investments, than reductions

Existing positions increased: 461 | Existing positions reduced: 487

1.34% less ownership

Funds ownership: 85.89% [Q4 2024] → 84.55% (-1.34%) [Q1 2025]

4% less funds holding

Funds holding: 1,254 [Q4 2024] → 1,204 (-50) [Q1 2025]

15% less funds holding in top 10

Funds holding in top 10: 20 [Q4 2024] → 17 (-3) [Q1 2025]

15% less first-time investments, than exits

New positions opened: 124 | Existing positions closed: 146

17% less capital invested

Capital invested by funds: $71B [Q4 2024] → $59B (-$12B) [Q1 2025]

28% less call options, than puts

Call options by funds: $424M | Put options by funds: $589M

Research analyst outlook

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

Low target
$320
14%
downside
Avg. target
$380
2%
upside
High target
$405
9%
upside

11 analyst ratings

positive
82%
neutral
18%
negative
0%
Loop Capital
Gary Mobley
5%upside
$390
Buy
Maintained
29 Jul 2025
JP Morgan
Harlan Sur
5%upside
$390
Overweight
Maintained
29 Jul 2025
Wells Fargo
Joe Quatrochi
9%upside
$405
Overweight
Maintained
29 Jul 2025
Keybanc
Jason Celino
9%upside
$405
Overweight
Maintained
29 Jul 2025
Stifel
Ruben Roy
6%upside
$395
Buy
Maintained
29 Jul 2025

Financial journalist opinion

Based on 37 articles about CDNS published over the past 30 days

Positive
Benzinga
1 day ago
Cadence Design Systems Delivers Beat-And-Raise Quarter Despite US Export Bans
Shares of Cadence Design Systems Inc CDNS rallied in early trading on Tuesday, after the company Monday reported upbeat second-quarter earnings.
Cadence Design Systems Delivers Beat-And-Raise Quarter Despite US Export Bans
Positive
Benzinga
1 day ago
These Analysts Boost Their Forecasts On Cadence Design Systems Following Upbeat Q2 Earnings
Cadence Design Systems Inc CDNS reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS and revenue guidance on Monday.
These Analysts Boost Their Forecasts On Cadence Design Systems Following Upbeat Q2 Earnings
Positive
Zacks Investment Research
2 days ago
Cadence Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y, Stock Up
CDNS stock jumps as second-quarter EPS and revenues beat estimates, fueled by AI-driven demand and upgraded FY25 guidance.
Cadence Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y, Stock Up
Positive
Seeking Alpha
2 days ago
Wall Street Breakfast Podcast: Chart Industries Soars On Takeover Talk
Baker Hughes is reportedly nearing a $13.6B cash deal to acquire Chart Industries, offering a 22% premium and boosting its energy tech portfolio. Cadence Design Systems will pay $140M for violating export laws by selling chip design tech to a Chinese military-linked university.
Wall Street Breakfast Podcast: Chart Industries Soars On Takeover Talk
Neutral
Seeking Alpha
2 days ago
Cadence Design Systems, Inc. (CDNS) Q2 2025 Earnings Call Transcript
Cadence Design Systems, Inc. (NASDAQ:CDNS ) Q2 2025 Earnings Conference Call July 28, 2025 5:00 PM ET Company Participants Anirudh Devgan - CEO, President & Director John M. Wall - Senior VP & CFO Richard Gu - Vice President of Investor Relations Conference Call Participants Blair Harold Abernethy - Rosenblatt Securities Inc., Research Division Gary Wade Mobley - Loop Capital Markets LLC, Research Division Gianmarco Paolo Conti - Deutsche Bank AG, Research Division Harlan L.
Cadence Design Systems, Inc. (CDNS) Q2 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
2 days ago
S&P 500 & Nasdaq Notch New All-Time Closing Highs
Markets lost a bit of steam mid-session this Monday, but a late surge into the close brought the S&P 500 and the Nasdaq indexes to new record closing highs.
S&P 500 & Nasdaq Notch New All-Time Closing Highs
Positive
Zacks Investment Research
2 days ago
Cadence Design Systems (CDNS) Q2 Earnings and Revenues Top Estimates
Cadence Design Systems (CDNS) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.28 per share a year ago.
Cadence Design Systems (CDNS) Q2 Earnings and Revenues Top Estimates
Negative
WSJ
2 days ago
Cadence Design Systems Pleads Guilty to Export Violation, Will Pay $140.6 Million in Settlement
The company will pay $140.6 million to settle claims that it illegally exported products to China. Separately, Cadence posted higher revenue in the second quarter and boosted its full-year earnings outlook.
Cadence Design Systems Pleads Guilty to Export Violation, Will Pay $140.6 Million in Settlement
Positive
Schwab Network
2 days ago
EARNINGS ALERT: CDNS Rallies to All-Time High
Cadence Design (CDNS) beat on its latest earnings and raised sales guidance for fiscal 2025. This comes nearly a month after the U.S. lifted licensing requirements for software to China.
EARNINGS ALERT: CDNS Rallies to All-Time High
Positive
Reuters
2 days ago
Chip design software provider Cadence raises annual sales forecast
Cadence Design Systems raised its sales forecast for the year on Monday, after the U.S. lifted export curbs on chip design software to China earlier this month, allowing the company to resume sales to the key market.
Chip design software provider Cadence raises annual sales forecast
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