Cadence Design Systems, Inc. (CDNS)Technology | Software - Application | San Jose, United States | NasdaqGS
311.03 USD
+4.07
(1.326%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 311.50 +0.47 (0.151%) ⇧ (April 17, 2026, 7:58 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 11, 2026, 4:13 p.m. EDT
CDNS is currently in a consolidation phase with mixed signals from the market. The recent price action shows a pullback from the 52-week high, but the stock is still above the 50-day moving average. The fundamental metrics are strong, with solid earnings growth and revenue growth, but the short-term price forecast suggests a potential decline of about 3.2%. The options data suggests that there is a mix of bearish and bullish sentiment, with a focus on the 265 strike as a key level. Investors should consider the potential for a rebound or further decline, but the lack of dividends and the overall risk profile suggest that this is not a dividend-focused investment. Long-term investors might consider buying on dips, while short-term traders should watch for a potential breakout or breakdown. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.090704 |
| AutoTheta | 0.091596 |
| AutoETS | 0.093359 |
| AutoARIMA | 0.094561 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 1.23 |
| Ljung-Box p | 0.020 |
| Jarque-Bera p | 0.974 |
| Excess Kurtosis | -0.16 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 48.707 |
| Revenue per Share | 19.521 |
| Market Cap | 85,872,910,336 |
| Trailing P/E | 76.42 |
| Forward P/E | 32.99 |
| Beta | 1.04 |
| Profit Margins | 20.93% |
| Website | https://www.cadence.com |
As of April 11, 2026, 4:13 p.m. EDT: Options activity indicates mixed signals. There is a notable presence of put options, particularly around the strike prices of 265 and 270, which suggests some bearish sentiment. However, there are also call options with significant open interest at strikes like 300 and 310, indicating potential bullish speculation. The overall options volume is moderate, but the presence of high open interest at certain strikes could indicate that traders are positioning for a potential rebound or further decline. The IV spikes at certain strikes, especially around the 265 strike, may suggest increased volatility expectations.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.23640478 |
| Address1 | Building 5 |
| Address2 | 2,655 Seely Avenue |
| All Time High | 376.45 |
| All Time Low | 0.861111 |
| Ask | 311.51 |
| Ask Size | 3 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.4 - Strong Buy |
| Average Daily Volume10 Day | 2,178,020 |
| Average Daily Volume3 Month | 2,566,664 |
| Average Volume | 2,566,664 |
| Average Volume10Days | 2,178,020 |
| Beta | 1.041 |
| Bid | 310.53 |
| Bid Size | 3 |
| Board Risk | 5 |
| Book Value | 20.141 |
| City | San Jose |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 311.03 |
| Current Ratio | 2.856 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 317.9999 |
| Day Low | 308.42 |
| Debt To Equity | 48.707 |
| Display Name | Cadence Design Systems |
| Earnings Call Timestamp End | 1,777,323,600 |
| Earnings Call Timestamp Start | 1,777,323,600 |
| Earnings Growth | 0.146 |
| Earnings Quarterly Growth | 0.141 |
| Earnings Timestamp | 1,777,320,000 |
| Earnings Timestamp End | 1,777,320,000 |
| Earnings Timestamp Start | 1,777,320,000 |
| Ebitda | 1,908,109,056 |
| Ebitda Margins | 0.36023998 |
| Enterprise To Ebitda | 44.187 |
| Enterprise To Revenue | 15.918 |
| Enterprise Value | 84,313,440,256 |
| Eps Current Year | 7.89022 |
| Eps Forward | 9.42679 |
| Eps Trailing Twelve Months | 4.07 |
| 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 | 290.323 |
| Fifty Day Average Change | 20.707 |
| Fifty Day Average Change Percent | 0.07132401 |
| Fifty Two Week Change Percent | 23.640478 |
| Fifty Two Week High | 376.45 |
| Fifty Two Week High Change | -65.42001 |
| Fifty Two Week High Change Percent | -0.17378141 |
| Fifty Two Week Low | 247.7 |
| Fifty Two Week Low Change | 63.33 |
| Fifty Two Week Low Change Percent | 0.2556722 |
| Fifty Two Week Range | 247.7 - 376.45 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 550,330,200,000 |
| Float Shares | 271,306,831 |
| Forward Eps | 9.42679 |
| Forward P E | 32.994263 |
| Free Cashflow | 1,510,117,504 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 13,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.86364 |
| Gross Profits | 4,574,510,080 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0034999999 |
| Held Percent Institutions | 0.90075 |
| Implied Shares Outstanding | 276,092,068 |
| 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 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 OrCAD X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AWR 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 multiphysics platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA for the development of engineering solutions tailored for agentic AI chip and system design. The company was incorporated in 1987 and is headquartered in San Jose, California. |
| Long Name | Cadence Design Systems, Inc. |
| Market | us_market |
| Market Cap | 85,872,910,336 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_25941 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 1,108,888,064 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 85,872,915,910 |
| Number Of Analyst Opinions | 27 |
| Open | 316.2 |
| Operating Cashflow | 1,728,781,056 |
| Operating Margins | 0.32824 |
| Overall Risk | 4 |
| Payout Ratio | 0.0 |
| Peg Ratio | 2.74 |
| Phone | 408 943 1234 |
| Post Market Change | 0.47000122 |
| Post Market Change Percent | 0.15111122 |
| Post Market Price | 311.5 |
| Post Market Time | 1,776,470,283 |
| Previous Close | 306.96 |
| Price Eps Current Year | 39.419685 |
| Price Hint | 2 |
| Price To Book | 15.442629 |
| Price To Sales Trailing12 Months | 16.21235 |
| Profit Margins | 0.20934999 |
| Quick Ratio | 2.507 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.42308 |
| Region | US |
| Regular Market Change | 4.07001 |
| Regular Market Change Percent | 1.32591 |
| Regular Market Day High | 317.9999 |
| Regular Market Day Low | 308.42 |
| Regular Market Day Range | 308.42 - 317.9999 |
| Regular Market Open | 316.2 |
| Regular Market Previous Close | 306.96 |
| Regular Market Price | 311.03 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 2,209,689 |
| Return On Assets | 0.10981 |
| Return On Equity | 0.21855 |
| Revenue Growth | 0.062 |
| Revenue Per Share | 19.521 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 276,092,068 |
| Shares Percent Shares Out | 0.026099999 |
| Shares Short | 7,205,915 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 5,294,094 |
| Short Name | Cadence Design Systems, Inc. |
| Short Percent Of Float | 0.026199998 |
| Short Ratio | 3.24 |
| Source Interval | 15 |
| State | CA |
| Symbol | CDNS |
| Target High Price | 410.0 |
| Target Low Price | 275.0 |
| Target Mean Price | 371.67776 |
| Target Median Price | 377.07 |
| Total Cash | 3,155,529,984 |
| Total Cash Per Share | 11.574 |
| Total Debt | 2,666,328,064 |
| Total Revenue | 5,296,758,784 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 4.07 |
| Trailing P E | 76.42014 |
| Trailing Peg Ratio | 2.7774 |
| Triggerable | 1 |
| Two Hundred Day Average | 321.23105 |
| Two Hundred Day Average Change | -10.20105 |
| Two Hundred Day Average Change Percent | -0.031756114 |
| Type Disp | Equity |
| Volume | 2,209,689 |
| Website | https://www.cadence.com |
| Zip | 95,134 |