Cadence Design Systems, Inc.
CDNSTechnologyNASDAQSoftware - Application
Scan Results
Daily timeframeCadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. Valued at $100.58B, CDNS is a large-cap name in its sector. 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
$100.58B
Beta
1.15
P/E (TTM)
87.03
P/E (Fwd)
38.82
EPS (TTM)
$4.19
EPS (Fwd)
$9.39
ROE
20.7%
ROA
10.4%
Cash
$1.55B
Total Debt
$3.08B
Free CF
$1.50B
52W Change
13.7%
Annual Financials
Cash vs Debt
The company holds $1.55B in cash, though total debt stands at $3.08B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $1.50B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 20.7% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 10.4% 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.
The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Cadence Design Systems, Inc.'s trajectory.