Cadence Design Systems, Inc. (CDNS)Technology | Software - Application | San Jose, United States | NasdaqGS
340.39 USD
-7.16
(-2.060%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 329.89 -10.50 (-10.500%) ⇩ (Aug. 28, 2026, 7:42 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:53 a.m. EDT
Cadence remains a premier compounder in the semiconductor design space, delivering triple-digit earnings growth and robust revenue expansion that validates its premium valuation. While the stock has pulled back below its fifty-day moving average, creating short-term technical resistance, the long-term trajectory is undeniable with nine consecutive years of positive returns and a dominant market position. The options market is aggressively pricing in a rebound, with call volume surging at strikes significantly above the current price. For investors seeking capital appreciation rather than income, this is a core holding, though the high multiple requires patience for earnings to keep pace with expectations. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.079909 |
| AutoARIMA | 0.083049 |
| AutoETS | 0.085078 |
| AutoTheta | 0.117693 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 32.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.146 |
| Excess Kurtosis | -1.27 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 38.661 |
| Revenue per Share | 21.46 |
| Market Cap | 93,885,014,016 |
| Trailing P/E | 67.54 |
| Forward P/E | 35.67 |
| Beta | 1.14 |
| Profit Margins | 23.61% |
| Website | https://www.cadence.com |
As of Aug. 22, 2026, 2:53 a.m. EDT: Implied volatility is elevated around 40-45% ATM, signaling anticipation of earnings or sector volatility. Call positioning features significant open interest walls at 330, 350, and 400 strikes, with notable volume spikes at 380 and 460, indicating speculative bets on a recovery. Put activity clusters at the 280 strike, acting as a perceived floor, while deep OTM puts show IV spikes suggesting tail-risk hedging. Overall, speculators are leaning bullish on the upside potential despite the recent price pullback.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.013826847 |
| Address1 | Building 5 |
| Address2 | 2,655 Seely Avenue |
| All Time High | 416.69 |
| All Time Low | 0.861111 |
| Ask | 325.02 |
| Ask Size | 1 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.4 - Strong Buy |
| Average Daily Volume10 Day | 2,211,320 |
| Average Daily Volume3 Month | 2,412,996 |
| Average Volume | 2,412,996 |
| Average Volume10Days | 2,211,320 |
| Beta | 1.142 |
| Bid | 336.0 |
| Bid Size | 1 |
| Board Risk | 2 |
| Book Value | 24.902 |
| City | San Jose |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 340.39 |
| Current Ratio | 1.743 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 347.43 |
| Day Low | 338.11 |
| Debt To Equity | 38.661 |
| Display Name | Cadence Design Systems |
| Earnings Call Timestamp End | 1,785,186,000 |
| Earnings Call Timestamp Start | 1,785,186,000 |
| Earnings Growth | 1.254 |
| Earnings Quarterly Growth | 1.293 |
| Earnings Timestamp | 1,785,182,400 |
| Earnings Timestamp End | 1,793,044,800 |
| Earnings Timestamp Start | 1,793,044,800 |
| Ebitda | 2,155,915,008 |
| Ebitda Margins | 0.36931 |
| Enterprise To Ebitda | 44.0 |
| Enterprise To Revenue | 16.25 |
| Enterprise Value | 94,860,550,144 |
| Eps Current Year | 8.14245 |
| Eps Forward | 9.54363 |
| Eps Trailing Twelve Months | 5.04 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 408 428 5001 |
| Fifty Day Average | 349.4278 |
| Fifty Day Average Change | -9.037781 |
| Fifty Day Average Change Percent | -0.025864515 |
| Fifty Two Week Change Percent | 1.3826847 |
| Fifty Two Week High | 416.69 |
| Fifty Two Week High Change | -76.29999 |
| Fifty Two Week High Change Percent | -0.18310972 |
| Fifty Two Week Low | 262.75 |
| Fifty Two Week Low Change | 77.640015 |
| Fifty Two Week Low Change Percent | 0.29549006 |
| Fifty Two Week Range | 262.75 - 416.69 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 550,330,200,000 |
| Float Shares | 274,156,485 |
| Forward Eps | 9.54363 |
| Forward P E | 35.666725 |
| Free Cashflow | 1,609,676,544 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 15,445 |
| Fullday Change | -7.15997 |
| Fullday Change Percent | -2.06013 |
| Fullday Price | 329.89 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.85871005 |
| Gross Profits | 5,012,809,216 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00328 |
| Held Percent Institutions | 0.91799 |
| Implied Shares Outstanding | 275,816,000 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Ir Website | http://www.cadence.com/cadence/investor_relations/Pages/default.aspx |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 879,724,800 |
| Last Split Factor | 2:1 |
| Long Business Summary | 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 In novus 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 Ten Silica, 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. |
| Long Name | Cadence Design Systems, Inc. |
| Market | us_market |
| Market Cap | 93,885,014,016 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_25941 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 1,377,993,984 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 95,712,837,150 |
| Number Of Analyst Opinions | 27 |
| Open | 347.43 |
| Operating Cashflow | 1,854,867,968 |
| Operating Margins | 0.28575 |
| Overall Risk | 1 |
| Payout Ratio | 0.0 |
| Peg Ratio | 3.01 |
| Phone | 408 943 1234 |
| Post Market Change | -10.5 |
| Post Market Change Percent | -3.0846968 |
| Post Market Price | 329.89 |
| Post Market Time | 1,787,960,522 |
| Previous Close | 347.55 |
| Price Eps Current Year | 41.80437 |
| Price Hint | 2 |
| Price To Book | 13.669184 |
| Price To Sales Trailing12 Months | 16.082748 |
| Profit Margins | 0.23605 |
| Quick Ratio | 1.426 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.44 |
| Region | US |
| Regular Market Change | -7.15997 |
| Regular Market Change Percent | -2.06013 |
| Regular Market Day High | 347.43 |
| Regular Market Day Low | 338.1 |
| Regular Market Day Range | 338.1 - 347.43 |
| Regular Market Open | 347.43 |
| Regular Market Previous Close | 347.55 |
| Regular Market Price | 340.39 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 1,794,901 |
| Return On Assets | 0.10613 |
| Return On Equity | 0.23229 |
| Revenue Growth | 0.242 |
| Revenue Per Share | 21.46 |
| Sand P52 Week Change | 0.1966995 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 275,816,000 |
| Shares Percent Shares Out | 0.0163 |
| Shares Short | 4,498,632 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 6,187,380 |
| Short Name | Cadence Design Systems, Inc. |
| Short Percent Of Float | 0.0164 |
| Short Ratio | 1.85 |
| Source Interval | 15 |
| State | CA |
| Symbol | CDNS |
| Target High Price | 470.0 |
| Target Low Price | 300.0 |
| Target Mean Price | 403.12036 |
| Target Median Price | 405.0 |
| Total Cash | 1,531,835,008 |
| Total Cash Per Share | 5.562 |
| Total Debt | 2,651,358,976 |
| Total Revenue | 5,837,622,784 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 5.04 |
| Trailing P E | 67.537704 |
| Trailing Peg Ratio | 3.1473 |
| Triggerable | 1 |
| Two Hundred Day Average | 327.1735 |
| Two Hundred Day Average Change | 13.216522 |
| Two Hundred Day Average Change Percent | 0.04039607 |
| Type Disp | Equity |
| Volume | 1,794,901 |
| Website | https://www.cadence.com |
| Zip | 95,134 |