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Cadence Design Systems Inc(CDNS) Stock Analysis | Technology
Market Performance
Stock returned +10.0% over the past year, broadly in line with market conditions.What is Cadence Design Systems Inc?
develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.
The brief on Cadence Design Systems Inc
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
What is 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 In novus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. The company is listed on the NASDAQ in USA, operating in the Technology sector, with a market capitalisation of 96.91B, and a P/E ratio of 70.0x.
Financial Highlights
Investment Breakdown
Analysis
Reward: Moderate (65)Similar stocks to compare
A short list of Software - Application names that are close enough in size to make side-by-side comparison useful.
| Shares sold | Shares bought | |
|---|---|---|
| 0-3months | 0 | 0 |
| 3-6months | 121,500 shares $6.7M | 0 |
| 6-9months | 53,185 shares $928k | 0 |
| 9-12months | 962,045 shares $20.4M | 0 |
Openbook research