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Cadence Design Systems, Inc.
CDNS
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US Flag

NASDAQ

77B

Software - Application

Next Earning date - 28 Oct 2024

77B

Software - Application

Next Earning date - 28 Oct 2024

282.39USD
Shape1.75 ( 0.62%)
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Relative Strenght

60
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Volume Buzz

-35%
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Earning Acce

No
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Dist 52w H.

14%

Quote Panel

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Updated October 12, 2024
1W 7.43 % 1M 5.09 % 3M -10.53 % 1Y 12.84 %

Key Metrics

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  • Market Cap

    77.32B


  • Shares Outstanding

    273.82M


  • Share in Float

    271.21M


  • Dividende

    0


  • Earning Date

    28 Oct 2024


  • Price Target

    282.39


  • Average Volume

    2.05M


  • Beta

    1.019


  • Range

    228.66-328.99


  • Industry

    Software - Application


  • Website

    https://www.cadence.com


  • Sector

    Technology


Fundamentals

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55.48x

P/E Ratio

18.60x

P/S Ratio

17.97x

P/B Ratio

0.3

Debt/Equity

25.4%

Net Margin

$3.9

EPS

How CDNS compares to sector?

P/E Ratio

Relative Strength

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CDNS

Sector

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Top 5 RS in Group

Symbol

Company

RS

5-Day Perf.

Forecast

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$5B

Shape396%

2025-Revenue

$4.89

Shape476%

2025-EPS

$2B

Shape376%

2025-EBITDA

Analyst rating

No Data Available

Last analyst upgrade/downgrade

Oppenheimer

initialise

Previous: Not converted

2024-09-24

Now: Underperform

Piper Sandler

upgrade

Previous: Buy

2024-08-06

Now: Overweight

Piper Sandler

initialise

Previous: Not converted

2024-04-04

Now: Neutral

Morgan Stanley

upgrade

Previous: Buy

2024-02-14

Now: Overweight

Earnings GrowthShape

status-upYoY

Current

Estimates

Q4.22

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+33%

1.06
vs 0.8

Q4.22

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+20%

0.96
vs 0.8

Q1.23

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+57%

1.29
vs 0.82

Q2.23

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+4%

1.22
vs 1.17

Q3.23

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+17%

1.26
vs 1.08

Q4.23

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+44%

1.38
vs 0.96

Q1.24

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-9%

1.17
vs 1.29

Q2.24

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+5%

1.28
vs 1.22

Q3.24

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+14%

1.44
vs 1.26

Q4.24

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+43%

1.98
vs 1.38

Sales GrowthShape

status-upYoY

Current

Estimates

Q4.22

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+20%

902.6M  vs 750.9M

Q4.22

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+20%

899.9M  vs 750.9M

Q1.23

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+32%

1B  vs 773M

Q2.23

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+8%

976.6M  vs 901.8M

Q3.23

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+19%

1B  vs 857.5M

Q4.23

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+19%

1.1B  vs 899.9M

Q1.24

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-1%

1B  vs 1B

Q2.24

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+9%

1.1B  vs 976.6M

Q3.24

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+15%

1.2B  vs 1B

Q4.24

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+29%

1.4B  vs 1.1B

Return on EquityShape

status-upQoQ

Q4.22

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+7%

0.07
vs 0.07

Q4.22

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+9%

0.09
vs 0.07

Q1.23

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+8%

0.08
vs 0.09

Q2.23

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+8%

0.08
vs 0.08

Q3.23

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+8%

0.08
vs 0.08

Q4.23

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+10%

0.1
vs 0.08

Q1.24

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+7%

0.07
vs 0.1

Q2.24

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+5%

0.05
vs 0.07

Institutionnal OwnershipShape

status-upQoQ

Q3.22

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852

852
vs 804

6%

Q4.22

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907

907
vs 852

6%

Q1.23

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982

982
vs 907

8%

Q2.23

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1063

1.1K
vs 982

8%

Q3.23

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1071

1.1K
vs 1.1K

1%

Q4.23

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1222

1.2K
vs 1.1K

14%

Q1.24

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1288

1.3K
vs 1.2K

5%

Q2.24

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1286

1.3K
vs 1.3K

0%

Earnings Growth

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