CDNS icon

Cadence Design Systems

300.00 USD
-7.85
2.55%
At close Jun 13, 4:00 PM EDT
After hours
300.00
+0.00
0.00%
1 day
-2.55%
5 days
-2.46%
1 month
-5.86%
3 months
24.19%
6 months
-2.20%
Year to date
0.79%
1 year
-2.45%
5 years
230.21%
10 years
1,413.62%
 

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 7,296 funds
0
Analysts bullish %
of 9 analysts

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

Low target
$200
33%
downside
Avg. target
$322
7%
upside
High target
$375
25%
upside

9 analyst ratings

positive
78%
neutral
11%
negative
11%
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

Positive
Seeking Alpha
1 day ago
Cadence Design Systems: Where Next-Gen Chips Begin Their Journey
Cadence Design Systems is a mission-critical enabler of next-gen industries, boasting high recurring revenues, robust client retention, and an AI-driven product portfolio. The company's oligopolistic market position, high switching costs, and continuous innovation justify its premium valuation and support long-term growth prospects. Risks include industry cyclicality, customer concentration, high valuation, and geopolitical uncertainties, but strong cash flow and buybacks enhance shareholder value.
Cadence Design Systems: Where Next-Gen Chips Begin Their Journey
Positive
Zacks Investment Research
4 days ago
Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.
Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
Positive
Seeking Alpha
4 days ago
Cadence Design Systems: Strong Moat And Multiple Growth Drivers
I rate CDNS a buy due to strong secular tailwinds, a widening moat, and robust execution fueling early-stage growth. CDNS's mission-critical EDA tools, AI-powered Cerebrus platform, and NVIDIA partnership drive technological leadership and expand its addressable market. AI megatrends, hardware upgrade cycles, and potential share gains from Intel's strategy shift are key growth catalysts for CDNS.
Cadence Design Systems: Strong Moat And Multiple Growth Drivers
Neutral
Business Wire
4 days ago
Cadence Advances Design and Engineering for Europe's Manufacturers on NVIDIA Industrial AI Cloud
PARIS--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence is providing optimized solutions for the world's first industrial AI cloud in collaboration with NVIDIA.
Cadence Advances Design and Engineering for Europe's Manufacturers on NVIDIA Industrial AI Cloud
Positive
Zacks Investment Research
5 days ago
Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today
In the latest trading session, Cadence Design Systems (CDNS) closed at $301.66, marking a +1.59% move from the previous day.
Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today
Positive
Zacks Investment Research
2 weeks ago
Cadence Design Systems (CDNS) is a Top-Ranked Growth Stock: Should You Buy?
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Cadence Design Systems (CDNS) is a Top-Ranked Growth Stock: Should You Buy?
Positive
Zacks Investment Research
2 weeks ago
Is Most-Watched Stock Cadence Design Systems, Inc. (CDNS) Worth Betting on Now?
Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Is Most-Watched Stock Cadence Design Systems, Inc. (CDNS) Worth Betting on Now?
Negative
The Motley Fool
2 weeks ago
Why Cadence Design Systems Plunged Late in the Day Today
Shares of electronic design automation company Cadence Design Systems (CDNS -10.44%) dropped late Wednesday, finishing the day down 10.4%.
Why Cadence Design Systems Plunged Late in the Day Today
Negative
Investors Business Daily
2 weeks ago
Trump Blocks Chip Design Software Firms From Selling In China
Cadence and Synopsys tumbled after the Trump administration blocked the chip design software firms from selling in China.
Trump Blocks Chip Design Software Firms From Selling In China
Negative
Barrons
2 weeks ago
Trump Orders Chip Designers to Stop Selling to China: Report
Shares of semiconductor software design companies Cadence and Synopsys were falling hard on the news.
Trump Orders Chip Designers to Stop Selling to China: Report
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