Cadence Design Systems, Inc. - Common Stock (CDNS)
288.61
-34.47 (-10.67%)
NASDAQ · Last Trade: May 28th, 6:41 PM EDT
Detailed Quote
Previous Close
323.08
Open
322.87
Bid
298.92
Ask
301.00
Day's Range
284.30 - 323.39
52 Week Range
221.56 - 328.99
Volume
7,001,691
Market Cap
79.88B
PE Ratio (TTM)
73.07
EPS (TTM)
4.0
Dividend & Yield
N/A (N/A)
1 Month Average Volume
1,925,887
Chart
About Cadence Design Systems, Inc. - Common Stock (CDNS)
Cadence Design Systems is a leading technology company that specializes in electronic design automation (EDA) software and engineering services. The company provides a comprehensive suite of tools and solutions that facilitate the design, verification, and implementation of integrated circuits and electronic systems. Cadence's offerings enable engineers to create innovative products across various industries, including consumer electronics, automotive, and telecommunications. By leveraging advanced algorithms and machine learning, Cadence helps customers improve their design efficiency, reduce time to market, and enhance the overall performance of their electronic products. Read More
Shares of semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) fell 5.2% in the afternoon session after the Trump administration told US companies that make software for designing semiconductor chips to stop selling to China. This instruction was aimed at restricting China's ability to develop advanced semiconductor chips, a critical area for artificial intelligence.
The regular session of the US market on Wednesday is now over, but let's get a preview of the after-hours session and explore the top S&P500 gainers and losers driving the post-market movements.
Trump's order to restrict chip sales to China causes Synopsys and Cadence stocks to drop. Move limits China's access to vital software for chip development.
CADENCE DESIGN SYS INC (NASDAQ:CDNS) shows strong growth fundamentals and a bullish technical setup, making it a stock to watch. Review the latest reports for deeper insights.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
CADENCE DESIGN SYS INC (NASDAQ:CDNS) is a high-quality stock with strong revenue growth, exceptional ROIC, and solid financial health, making it a candidate for long-term investors.
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the design software industry, including Cadence (NASDAQ:CDNS) and its peers.
Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 23.1% year on year to $1.24 billion. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $5.19 billion at the midpoint. Its non-GAAP profit of $1.57 per share was 4.9% above analysts’ consensus estimates.
Cadence unveils its new Millennium M2000 Supercomputer featuring Nvidia Blackwell systems, delivering AI-accelerated simulation for engineering and drug design.
Cadence (Nasdaq: CDNS) today announced the Cadence® Tensilica® NeuroEdge 130 AI Co-Processor (AICP), a new class of processor designed to complement any neural processing unit (NPU) and enable end-to-end execution of the latest agentic and physical AI networks on advanced automotive, consumer, industrial and mobile SoCs. Based on the proven architecture of the highly successful Tensilica Vision DSP family, the NeuroEdge 130 AICP delivers more than 30% area savings and over 20% savings in dynamic power and energy without impacting performance. It also leverages the same software, AI compilers, libraries and frameworks to deliver faster time to market. Multiple customer engagements are currently underway, and customer interest is strong.
At its annual flagship user event, CadenceLIVE Silicon Valley 2025, Cadence (Nasdaq: CDNS) today announced a major expansion of its Cadence® Millennium™ Enterprise Platform with the introduction of the new Millennium M2000 Supercomputer featuring NVIDIA Blackwell systems, which delivers AI-accelerated simulation at unprecedented speed and scale across engineering and drug design workloads.
