Professional
Added to YB: 2025-07-07
Pitch date: 2025-04-15
CDNS [bullish]
Cadence Design Systems, Inc.
+8.92%
current return
Author Info
No bio for this author
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
$256.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
41.18
P/E
73.14
EV/Sales
15.39
Sector
Software
Category
growth
Rothschild &Co LongRun Equity New Position: Cadence Design Systems, Inc.
CDNS (new position): Leading EDA software provider with Synopsis, controlling 2/3 market. Mission-critical to semis as chip complexity rises. Double-digit growth potential from value-based pricing, high recurring subscription revenue, margin improvements. Pullback allowed entry at >30x forward earnings despite durable growth.
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