Added to YB: 2025-10-31
Pitch date: 2025-10-29
CDNS [neutral]
Cadence Design Systems, Inc.
-17.83%
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
$340.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
41.18
P/E
73.14
EV/Sales
15.39
Sector
Software
Category
growth
Cadence Q3 2025
CDNS (earnings): Q3 rev +10% YoY, backlog $7B (+17% YoY), IP biz on track >20% FY25 growth. AI chip design tsunami driving record hardware verification sales (Palladium). Taking share vs SNPS in IP, esp. key HBM4 wins. China normalization but geopolitical risk remains. Mgmt sees 'generational AI opportunity.'
Read full article (4 min)