Cadence Design Systems (CDNS)
Information Technology · Electronic Design Automation (EDA) and semiconductor IP
Cadence Design Systems is a global leader in AI-driven computational software and silicon intellectual property that empowers semiconductor and electronics companies to design and verify next-generation products.
What Cadence Design Systems does
Cadence Design Systems develops computational, AI-driven software, accelerated hardware, and silicon intellectual property (IP) products and solutions for semiconductor companies and systems manufacturers. The company's Intelligent System Design strategy enables customers to address complex product development needs spanning chip design, electromechanical systems, and printed circuit boards, leveraging agentic AI, generative AI, machine learning, and digital twin technologies. Core offerings include electronic design automation (EDA) software for IC design verification, system innovation solutions for multiphysics analysis, and pervasive intelligence capabilities for AI-driven optimization.
Themes: ["AI-driven design automation"]
Fundamentals
- Price$385.95 as of 2026-07-09 close
- Market cap$103.2B as of 2026-07-10
- 1-year return+19.5% as of 2026-07-09 close
- P/E88.11 as of 2026-07-10
- Net margin+21.2% as of 2026-07-10
- Gross margin+86.1% as of 2026-07-10
- ROE+21.1% as of 2026-07-10
- Debt / equity0.44 as of 2026-07-10
- Revenue growth (YoY)+13.4% as of 2026-07-10
- Revenue CAGR (3y)+14.1% SEC XBRL
- Beta1.14 as of 2026-07-10
Key risks (from latest filing)
["Exposure to macroeconomic and geopolitical volatility, including expanded trade controls, tariffs, and currency fluctuations that could impact customer demand and revenue timing."]
Competitors & peers
- Synopsys (SNPS)
- Siemens EDA
- Mentor Graphics
- Altium
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.