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Cadence Design Systems, Inc.

CDNS · NasdaqGS · Stock · Technology
$289.37
+1.55% today

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 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.

Key facts

Sector
Technology
Industry
Software - Application
Market cap
$79.69B
P/E (ttm)
57.4
Forward P/E
30.3
Dividend yield
Beta
1.14
Profit margin
23.6%
Employees
15,445
Headquarters
San Jose, CA, United States
Exchange
NasdaqGS

Performance

1 Month
-10.9%
3 Months
-24.8%
6 Months
+0.8%
1 Year
-15.8%
5 Years
+67.2%
$262.7552-week range$416.69
Biggest setback — last 12 months
-28.8%
15 Sept 2025 → 6 Apr 2026
Fell from $373.35 to $265.66 — 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.

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Prices and company data are delayed reference figures from public sources 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.