On 12 Nov 2026 Cadence Design Systems closed at $333.32, +6.6% this year; market cap $91.76bn, P/E 66.5.
Information Technology · Application Software · NASDAQ · United States
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. 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 Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI Express, universal accelerator and compute express links, and multiple memory interfaces; and Tensilica, a digital signal processor. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.
| Market cap | $91.76bn |
| P/E (trailing) | 66.5 |
| EPS (TTM) | $5.02 |
| Beta | 1.10 |
| Dividend | $0.00 |
| Dividend yield | 0.00% |
| Ex-dividend date | — |
| Latest report | 26 Oct 2026 |
| Next earnings | 25 Jan 2027 |
| YTD | +6.6% |
| 1Y | +5.6% |
| 3Y | +8.1% |
| 5Y | +12.9% |
| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $5.30bn | $1.11bn | $1.59bn |
| 2024 | $4.64bn | $1.06bn | $1.12bn |
| 2023 | $4.09bn | $1.04bn | $1.25bn |
| 2022 | $3.56bn | $848.95m | $1.12bn |
| 2021 | $2.99bn | $695.96m | $1.03bn |
We publish no single base value for Cadence Design Systems. Our valuation methods put it between $218.79 and $243.44 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method
Call and put prices: our price for each next to the market's.
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Data as of 12 Nov 2026. Not investment advice.