Added to YB: 2026-04-14
Pitch date: 2026-04-10
CDNS [neutral]
Cadence Design Systems, Inc.
+40.51%
current return
Author Info
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Company Info
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.
Market Cap
N/A
Pitch Price
$266.06
Price Target
390.00 (+4%)
Dividend
N/A
EV/EBITDA
N/A
P/E
87.08
EV/Sales
18.92
Sector
Software
Category
growth
Cadence Design Systems (CDNS) Executive Summary: The 80x PE Dilemma: Is CDNS Still a Buy?
CDNS (overview): EDA software leader, 85% recurring rev, $7.8B backlog, 33% op margin, 87% gross margin. Q4 beat but EPS growth slowed from 36% to 6% YoY. Stock down 24.7% from Sep '25 high ($373→$281), testing key $271-$282 support. Trades 80x PE (down from 63x EV/EBITDA). Analysts bullish w/ $360-$390 PTs (25-35% upside). Risks: valuation still rich, momentum cooling. Better entry $240-$255 range.
Read full article (4 min)