Cadence Design Systems, Inc.

CDNS · NasdaqGS · Stock · Technology
$319.51
-1.50% today
Delayed price,

What Cadence Design Systems does

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property 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 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 end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR 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 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.

Key facts

Sector
Technology
Industry
Software - Application
Market cap
$87.99B
P/E (ttm)
63.5
Forward P/E
33.4
Dividend yield
0.00%
Beta
1.13
Profit margin
23.6%
Employees
15,445
Headquarters
San Jose, CA, United States
Exchange
NasdaqGS

Performance

1 Month
+12.9%
3 Months
-3.2%
6 Months
+2.7%
1 Year
-2.0%
5 Years
+80.0%
$262.7552-week range$416.69
Biggest setback — last 12 months
-27.0%
15 Jun 2026 → 14 Sept 2026
Fell from $387.39 to $282.90 — its sharpest sustained decline this year.
Biggest run-up — last 12 months
+45.8%
6 Apr 2026 → 15 Jun 2026
Ran from $265.66 to $387.39 — its strongest sustained advance this year.

Price outlook — trend & volatility model

● Trend: Below long-term trend
Price sits below its 200-day average, but the shorter-term averages are not cleanly aligned above/below it.
HorizonBear case (−1σ)Base caseBull case (+1σ)
1 Month$285.25 (-10.7%)$319.51$357.89 (+12.0%)
3 Months$262.52 (-17.8%)$319.51$388.88 (+21.7%)
6 Months$242.00 (-24.3%)$319.51$421.85 (+32.0%)
12 Months$215.69 (-32.5%)$319.51$473.30 (+48.1%)
Statistical, not machine-learning: a random-walk (no assumed drift) volatility model built from this ticker's own realized price history, plus a purely descriptive moving-average trend read. Illustrative only — not a price target and not financial advice. The bear and bull cases sit one standard deviation (1σ) below and above today's price, a range that covers about 68% of the outcomes the model treats as plausible, not a 68% chance of either case. Annualized volatility used: 39.3%, blended from this ticker's own 3-month and 1-year realized price history. Base case is deliberately flat — this quantifies a possible range, not a directional prediction. See the full model, including wider (≈95%) bands →

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Prices and company data are delayed reference figures from public sources (Yahoo Finance, SEC EDGAR) and may be inaccurate or out of date. This page is informational only — it is not investment advice or a recommendation to buy or sell any security. Past performance does not indicate future results.