Cadence Design Systems Inc. (CDNS): Price and Financial Metrics

Cadence Design Systems Inc. (CDNS): $209.34

2.33 (+1.13%)

POWR Rating

Component Grades














  • CDNS scores best on the Quality dimension, with a Quality rank ahead of 99.46% of US stocks.
  • The strongest trend for CDNS is in Value, which has been heading down over the past 177 days.
  • CDNS ranks lowest in Value; there it ranks in the 17th percentile.

CDNS Stock Summary

  • CDNS has a higher market value than 96.21% of US stocks; more precisely, its current market capitalization is $55,810,771,200.
  • CDNS's current price/earnings ratio is 65.74, which is higher than 92.04% of US stocks with positive earnings.
  • CDNS's price/sales ratio is 15.67; that's higher than the P/S ratio of 93.41% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to CADENCE DESIGN SYSTEMS INC are SNPS, KLAC, NXPI, STM, and ANET.
  • CDNS's SEC filings can be seen here. And to visit CADENCE DESIGN SYSTEMS INC's official web site, go to

CDNS Valuation Summary

  • In comparison to the median Technology stock, CDNS's price/sales ratio is 536% higher, now standing at 15.9.
  • CDNS's price/earnings ratio has moved up 27.5 over the prior 243 months.

Below are key valuation metrics over time for CDNS.

Stock Date P/S P/B P/E EV/EBIT
CDNS 2023-03-21 15.9 20.7 66.8 53.0
CDNS 2023-03-20 15.9 20.6 66.6 52.8
CDNS 2023-03-17 15.9 20.6 66.5 52.7
CDNS 2023-03-16 15.9 20.7 66.8 53.0
CDNS 2023-03-15 15.6 20.2 65.2 51.7
CDNS 2023-03-14 15.6 20.2 65.4 51.9

CDNS Growth Metrics

    Its year over year cash and equivalents growth rate is now at 52.73%.
  • The 5 year net cashflow from operations growth rate now stands at 67.78%.
  • The 2 year price growth rate now stands at 94.12%.
CDNS's revenue has moved up $586,601,000 over the prior 15 months.

The table below shows CDNS's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 3,561.718 1,241.894 848.952
2022-09-30 3,434.877 1,194.116 785.139
2022-06-30 3,283.218 1,173.289 775.141
2022-03-31 3,153.982 1,229.124 744.121
2021-12-31 2,988.244 1,100.958 695.955
2021-09-30 2,975.117 1,020.623 693.114

CDNS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • CDNS has a Quality Grade of A, ranking ahead of 99.34% of graded US stocks.
  • CDNS's asset turnover comes in at 0.731 -- ranking 213th of 561 Business Services stocks.
  • CTK, SSNT, and ACM are the stocks whose asset turnover ratios are most correlated with CDNS.

The table below shows CDNS's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-10-02 0.731 0.896 0.504
2021-07-03 0.713 0.890 0.494
2021-04-03 0.696 0.888 0.488
2021-01-02 0.677 0.886 0.452
2020-09-26 0.661 0.879 0.402
2020-06-27 0.707 0.883 0.403

CDNS Price Target

For more insight on analysts targets of CDNS, see our CDNS price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $159.51 Average Broker Recommendation 1.67 (Moderate Buy)

CDNS Stock Price Chart Interactive Chart >

Price chart for CDNS

CDNS Price/Volume Stats

Current price $209.34 52-week high $209.73
Prev. close $207.01 52-week low $132.32
Day low $207.44 Volume 639,879
Day high $209.73 Avg. volume 1,726,498
50-day MA $194.74 Dividend yield N/A
200-day MA $172.21 Market Cap 57.14B

Cadence Design Systems Inc. (CDNS) Company Bio

Cadence Design Systems, Inc. (stylized as cādence), headquartered in San Jose, California, is an American multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company produces softwarehardware and silicon structures for designing integrated circuitssystems on chips (SoCs) and printed circuit boards. (Source:Wikipedia)

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Latest CDNS News From Around the Web

Below are the latest news stories about CADENCE DESIGN SYSTEMS INC that investors may wish to consider to help them evaluate CDNS as an investment opportunity.

Cadence on Campus - UC Berkeley

Cadence Design Systems

Yahoo | March 29, 2023

Microsoft Among 19 Stocks To Watch That Are Launching New Moves

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Yahoo | March 29, 2023

What Makes Cadence (CDNS) a New Strong Buy Stock

Cadence (CDNS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Yahoo | March 28, 2023

Blackbaud (BLKB) Soars 10.6%: Is Further Upside Left in the Stock?

Blackbaud (BLKB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Yahoo | March 28, 2023

Is Cadence Design Systems (CDNS) Outperforming Other Computer and Technology Stocks This Year?

Here is how Cadence Design Systems (CDNS) and Twilio (TWLO) have performed compared to their sector so far this year.

Yahoo | March 24, 2023

Read More 'CDNS' Stories Here

CDNS Price Returns

1-mo 9.36%
3-mo 30.32%
6-mo 28.09%
1-year 27.29%
3-year 216.99%
5-year 469.32%
YTD 30.32%
2022 -13.80%
2021 36.59%
2020 96.70%
2019 59.52%
2018 3.97%

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