Cadence Design Systems, Inc. - Common Stock (CDNS)
289.63
+7.85 (2.79%)
NASDAQ · Last Trade: Apr 26th, 1:30 PM EDT
Detailed Quote
Previous Close
281.78
Open
279.99
Bid
283.29
Ask
291.09
Day's Range
279.45 - 290.50
52 Week Range
221.56 - 328.99
Volume
2,414,013
Market Cap
80.16B
PE Ratio (TTM)
75.03
EPS (TTM)
3.9
Dividend & Yield
N/A (N/A)
1 Month Average Volume
2,211,210
Chart
About Cadence Design Systems, Inc. - Common Stock (CDNS)
Cadence Design Systems is a leading technology company that specializes in electronic design automation (EDA) software and engineering services. The company provides a comprehensive suite of tools and solutions that facilitate the design, verification, and implementation of integrated circuits and electronic systems. Cadence's offerings enable engineers to create innovative products across various industries, including consumer electronics, automotive, and telecommunications. By leveraging advanced algorithms and machine learning, Cadence helps customers improve their design efficiency, reduce time to market, and enhance the overall performance of their electronic products. Read More
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Cadence (NASDAQ:CDNS) and the best and worst performers in the design software industry.
A number of stocks jumped in the afternoon session after stocks extended their rebound, led by strong gains in the technology sector, as renewed optimism surrounding U.S.–China trade negotiations lifted investor sentiment.
A fundamental analysis of (NASDAQ:CDNS): Reasonable Growth, Debt Levels, and a High ROIC Make CADENCE DESIGN SYS INC (NASDAQ:CDNS) Appealing to Quality Investors.
Cadence (Nasdaq: CDNS) today announced it is furthering its longstanding collaboration with TSMC to accelerate time to silicon for 3D-IC and advanced-node technologies through certified design flows, silicon-proven IP and ongoing technology collaboration. As a leading provider of IP for TSMC N2P, N5 and N3 process nodes, Cadence continues to deliver cutting-edge AI-driven design solutions to the TSMC ecosystem for multiple horizontal applications from chiplets and SoCs to advanced packaging and 3D-ICs. The deep collaboration encompasses certified tools and flows for TSMC’s N2P and A16™ technologies, paves the way for TSMC’s A14 and further unlocks 3D-IC possibilities by extending support for TSMC 3DFabric® design and packaging. In addition, Cadence and TSMC are extending tool certification for newly announced TSMC N3C technology based on available N3P design solutions.
Cadence (Nasdaq: CDNS) today announced the industry’s first DDR5 12.8Gbps MRDIMM Gen2 memory IP system solution on the TSMC N3 process. The new solution addresses the need for greater memory bandwidth to accommodate unprecedented AI processing demands in enterprise and data center applications, including AI in the cloud. The Cadence® DDR5 MRDIMM IP boasts a new high-performance, scalable and adaptable architecture based on Cadence’s proven and highly successful DDR5 and GDDR6 product lines. With multiple engagements underway with leading AI, HPC and data center customers, this IP solution is already demonstrating its early leadership.
Cadence (Nasdaq: CDNS) today announced the industry’s fastest HBM4 12.8Gbps memory IP solution, which meets the increasingly higher memory bandwidth needs of SoCs targeted for the next generation of AI training and HPC hardware systems. The Cadence® HBM4 solution is compatible with the JEDEC specification JESD270-4 and doubles the memory bandwidth compared to the previous generation of HBM3E IP products. Available now for customer engagements, the Cadence HBM4 PHY and controller IP boast an industry-leading performance of 12.8Gbps, with 20% greater power efficiency per bit and 50% better area efficiency while doubling the number of I/Os for higher bandwidth.
Cadence (Nasdaq: CDNS) today announced that it has entered into a definitive agreement with Arm (Nasdaq: ARM) to acquire Arm’s Artisan foundation IP business, consisting of standard cell libraries, memory compilers, and general-purpose I/Os (GPIOs) optimized for advanced process nodes at the leading foundries. The transaction will augment Cadence’s expanding design IP offerings, anchored by a leading portfolio of protocol and interface IP, memory interface IP, SerDes IP at the most advanced nodes, and embedded security IP from the pending Secure-IC acquisition.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the vertical software industry, including Q2 Holdings (NYSE:QTWO) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Unity (NYSE:U) and the best and worst performers in the design software industry.
Cadence (Nasdaq: CDNS) today announced that Great Place To Work® and Fortune magazine have recognized Cadence as one of the Fortune 100 Best Companies to Work For® in 2025. This year marks the 11th time Cadence has earned a spot on this prestigious list, securing the 11th position. This recognition highlights Cadence’s continued standing as one of the top workplaces in the nation, celebrating its commitment to excellence and employee satisfaction.
The momentum trade just hit a wall and the unwind has been nothing short of brutal. JPMorgan analysts Dubravko Lakos-Bujas, Arun Jain and Bhupinder Singh note that the sharp reversal in momentum has erased two years of gains in just three weeks – one of the fastest unwinds in four decades.
