Cadence Design Systems, Inc. (CDNS)Technology | Software - Application | San Jose, United States | NasdaqGS
376.80 USD
-1.12
(-0.296%) ⇩
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:01 a.m. EDT
Cadence Design Systems stands out as a rare compounder in the software sector, boasting nine consecutive years of positive annual returns and a staggering 1,163% cumulative gain over the last decade. The business fundamentals are robust, with revenue growing nearly 19% annually and return on equity exceeding 20%, supported by healthy operating margins above 29%. While the valuation is steep, trading at roughly 90 times trailing earnings, the growth trajectory and dominant market position justify the premium for investors seeking quality over cheapness. In the short term, the stock is trading above key moving averages with a strong technical setup, yet the options market is telling a mixed story; speculators are placing heavy protective hedges at current price levels while maintaining upside exposure at higher strikes. This creates a volatile environment where the long-term thesis remains intact despite near-term price noise and hedging activity. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.034785 |
| AutoARIMA | 0.063327 |
| AutoETS | 0.064020 |
| MSTL | 0.071472 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 0.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.041 |
| Excess Kurtosis | 0.56 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 46.992 |
| Revenue per Share | 20.374 |
| Market Cap | 103,927,463,936 |
| Trailing P/E | 87.63 |
| Forward P/E | 40.11 |
| Beta | 1.15 |
| Profit Margins | 21.18% |
| Website | https://www.cadence.com |
As of July 11, 2026, 6:01 a.m. EDT: Implied volatility remains elevated across expiries, ranging from 36% to 58% at the money. Open interest walls cluster around the 380 to 420 strike range for calls, suggesting a near-term resistance zone, while significant put open interest accumulates at the 320 to 385 level, indicating downside hedging. September expiration shows notably heavier put positioning compared to calls, reflecting a defensive stance for the coming quarter despite call volume spikes at distant 460 and 560 strikes.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.1882782 |
| Address1 | Building 5 |
| Address2 | 2,655 Seely Avenue |
| All Time High | 416.69 |
| All Time Low | 0.861111 |
| Ask | 377.81 |
| Ask Size | 1 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 1,809,610 |
| Average Daily Volume3 Month | 2,441,842 |
| Average Volume | 2,441,842 |
| Average Volume10Days | 1,809,610 |
| Beta | 1.148 |
| Bid | 379.42 |
| Bid Size | 1 |
| Board Risk | 2 |
| Book Value | 23.789 |
| 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 | 376.8 |
| Current Ratio | 1.471 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 383.0 |
| Day Low | 370.88 |
| Debt To Equity | 46.992 |
| Display Name | Cadence Design Systems |
| Earnings Call Timestamp End | 1,785,182,400 |
| Earnings Call Timestamp Start | 1,785,182,400 |
| Earnings Growth | 0.23 |
| Earnings Quarterly Growth | 0.227 |
| Earnings Timestamp | 1,785,182,400 |
| Earnings Timestamp End | 1,785,182,400 |
| Earnings Timestamp Start | 1,785,182,400 |
| Ebitda | 2,014,227,968 |
| Ebitda Margins | 0.36433 |
| Enterprise To Ebitda | 52.36 |
| Enterprise To Revenue | 19.076 |
| Enterprise Value | 105,464,668,160 |
| Eps Current Year | 7.95924 |
| Eps Forward | 9.39341 |
| Eps Trailing Twelve Months | 4.3 |
| 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 | 373.5048 |
| Fifty Day Average Change | 3.2951965 |
| Fifty Day Average Change Percent | 0.0088223675 |
| Fifty Two Week Change Percent | 18.82782 |
| Fifty Two Week High | 416.69 |
| Fifty Two Week High Change | -39.890015 |
| Fifty Two Week High Change Percent | -0.09573068 |
| Fifty Two Week Low | 262.75 |
| Fifty Two Week Low Change | 114.04999 |
| Fifty Two Week Low Change Percent | 0.43406275 |
| Fifty Two Week Range | 262.75 - 416.69 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 550,330,200,000 |
| Float Shares | 274,541,730 |
| Forward Eps | 9.39341 |
| Forward P E | 40.113228 |
| Free Cashflow | 1,499,152,256 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 15,110 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.86079 |
| Gross Profits | 4,758,949,888 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0029300002 |
| Held Percent Institutions | 0.90982 |
| 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 | 0 |
| 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 | 103,927,463,936 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_25941 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 1,170,968,960 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 104,236,382,720 |
| Number Of Analyst Opinions | 25 |
| Open | 370.947 |
| Operating Cashflow | 1,597,542,016 |
| Operating Margins | 0.29699 |
| Overall Risk | 1 |
| Payout Ratio | 0.0 |
| Peg Ratio | 3.64 |
| Phone | 408 943 1234 |
| Pre Market Change | 0.6300049 |
| Pre Market Change Percent | 0.16719875 |
| Pre Market Price | 377.43 |
| Pre Market Time | 1,784,108,739 |
| Previous Close | 377.91998 |
| Price Eps Current Year | 47.3412 |
| Price Hint | 2 |
| Price To Book | 15.839253 |
| Price To Sales Trailing12 Months | 18.79811 |
| Profit Margins | 0.21180001 |
| Quick Ratio | 1.211 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.45833 |
| Region | US |
| Regular Market Change | -1.1199951 |
| Regular Market Change Percent | -0.29635775 |
| Regular Market Day High | 383.0 |
| Regular Market Day Low | 370.88 |
| Regular Market Day Range | 370.88 - 383.0 |
| Regular Market Open | 370.947 |
| Regular Market Previous Close | 377.91998 |
| Regular Market Price | 376.8 |
| Regular Market Time | 1,784,059,201 |
| Regular Market Volume | 1,257,267 |
| Return On Assets | 0.10389 |
| Return On Equity | 0.20656 |
| Revenue Growth | 0.187 |
| Revenue Per Share | 20.374 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 275,816,000 |
| Shares Percent Shares Out | 0.0219 |
| Shares Short | 6,034,189 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 4,872,311 |
| Short Name | Cadence Design Systems, Inc. |
| Short Percent Of Float | 0.022 |
| Short Ratio | 2.14 |
| Source Interval | 15 |
| State | CA |
| Symbol | CDNS |
| Target High Price | 470.0 |
| Target Low Price | 275.0 |
| Target Mean Price | 391.1796 |
| Target Median Price | 390.0 |
| Total Cash | 1,546,153,984 |
| Total Cash Per Share | 5.606 |
| Total Debt | 3,083,354,112 |
| Total Revenue | 5,528,612,864 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 4.3 |
| Trailing P E | 87.6279 |
| Trailing Peg Ratio | 3.5832 |
| Triggerable | 1 |
| Two Hundred Day Average | 327.93066 |
| Two Hundred Day Average Change | 48.869324 |
| Two Hundred Day Average Change Percent | 0.14902334 |
| Type Disp | Equity |
| Volume | 1,257,267 |
| Website | https://www.cadence.com |
| Zip | 95,134 |