Professional
Added to YB: 2024-08-07
Pitch date: 2024-06-30
CDNS [bullish]
Cadence Design Systems, Inc.
+5.03%
current return
Author Info
No bio for this author
Company Info
Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.
Market Cap
$92.0B
Pitch Price
$307.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
48.20
P/E
87.12
EV/Sales
17.57
Sector
Software
Category
growth
Long Equity Portfolio Holding: Cadence Design Systems, Inc.
CDNS: EDA software leader, 44% US rev. Benefiting from chip complexity & advanced device demand. Strong competitive edge w/ comprehensive tools & industry ties. Well-positioned in critical design process. Poised to capitalize on semiconductor industry growth.
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