Professional
Added to YB: 2024-08-07
Pitch date: 2024-06-30
CDNS [bullish]
Cadence Design Systems, Inc.
-9.22%
current return
Author Info
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Company Info
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property (IP) products and solutions.
Market Cap
$82.0B
Pitch Price
$307.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
41.18
P/E
73.14
EV/Sales
15.39
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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