Cadence Design Systems, Inc.
CDNSTechnologyNASDAQSoftware - Application · Last scanned May 29, 2026
Scan Results
Daily timeframe1 of 4 indicators bullish as of May 28
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. At a $103.11B market cap, Cadence Design Systems, Inc. ranks as a large-cap company within technology. 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
$103.11B
Beta
1.13
P/E (TTM)
86.94
P/E (Fwd)
39.83
EPS (TTM)
$4.30
EPS (Fwd)
$9.38
ROE
20.7%
ROA
10.4%
Cash
$1.55B
Total Debt
$3.08B
Free CF
$1.50B
52W Change
30.2%
Annual Financials
Cash vs Debt
Cadence Design Systems, Inc. carries $3.08B in total debt against $1.55B in cash reserves — debt is roughly 2.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $1.50B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 20.7%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Cadence Design Systems, Inc. and its sector.