Professional
Added to YB: 2025-07-07
Pitch date: 2025-04-15
CDNS [bullish]
Cadence Design Systems, Inc.
+26.01%
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
$256.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
48.20
P/E
87.12
EV/Sales
17.57
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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