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Added to YB: 2026-05-22

Pitch date: 2026-04-17

CDNS [bullish]

Cadence Design Systems, Inc.

+0.33%

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 products and solutions.

Market Cap

$91.8B

Pitch Price

$312.60

Price Target

N/A

Dividend

N/A

EV/EBITDA

41.78

P/E

66.15

EV/Sales

15.90

Sector

Software

Category

value

Show full summary:
Jensen Quality Mid Cap Fund New Position: Cadence Design Systems, Inc.

CDNS (new position): EDA software for semiconductor design. Added for contracted revenues, high renewal rates, strong balance sheet & deep patent moat creating high barriers to entry. Attractively valued at purchase.

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