Cadence Design Systems, Inc.
CDNSTechnologyNASDAQSoftware - Application · Last scanned Sep 8, 2026
Scan Results
Daily timeframeCadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. With a market capitalization of $80.61B, it sits in large-cap territory. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including In novus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog.
Market Cap
$80.61B
Beta
1.14
P/E (TTM)
58.19
P/E (Fwd)
30.67
EPS (TTM)
$5.03
EPS (Fwd)
$9.54
ROE
23.2%
ROA
10.6%
Cash
$1.53B
Total Debt
$2.65B
Free CF
$1.61B
52W Change
-18.8%
Annual Financials
Cash vs Debt
Where CDNS stands vs its 150-day and 200-day moving averages
As of the August 28, 2026 close, CDNS finished 5.20% above its 150-day moving average ($330.36) and 6.23% above its 200-day moving average ($327.17). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is CDNS overbought or oversold?
At the August 28, 2026 close, CDNS's RSI(14) was 56.0, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, CDNS has $1.53B in cash with $2.65B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $1.61B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 23.2% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 10.6% further supports the picture of efficient asset utilization. Revenue has grown from $2.99B (2021) to $5.30B (2025), reflecting a 77% increase over the period.
At over 50x earnings, CDNS carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Cadence Design Systems, Inc.'s trajectory.