Added to YB: 2025-10-31
Pitch date: 2025-10-29
CDNS [neutral]
Cadence Design Systems, Inc.
-4.94%
current return
Author Info
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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
$340.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
48.20
P/E
87.12
EV/Sales
17.57
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)