Skip to Content

Cadence Design Systems Inc CDNS Stock Quote

| Rating as of


Market Closed

| Currency in USD

  • Last Close 234.30
  • Sector Technology
  • Industry Software - Application
  • Investment Style Large Growth
  • Day Range 233.12  –  239.12
  • Year Range 138.76  –  248.16
  • Market Cap 63.6804 Bil
  • Volume / Avg 900,742.0 /  1.4 Mil
  • Price / Sales 16.86
  • Price / Book 21.89
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis CDNS

Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Cadence Is Poised for Solid Growth Thanks to Broad-Based EDA Demand

Brian Colello Sector Director

Business Strategy and Outlook

| Brian Colello |

Cadence provides electronic design automation, or EDA, software, intellectual property, and system design and analysis products that are critical to the semiconductor chip design process. As secular trends toward artificial intelligence, 5G communications, autonomous vehicles, and cloud computing, among others, accelerate, we expect that Cadence will benefit from both the rising complexity of chip designs and the advancing digitalization of various end markets. We believe narrow-moat Cadence has a long growth runway as it uses strategic organic and inorganic investments to expand its platform amid a growing semiconductor landscape.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics CDNS

Company Profile CDNS

Business Description

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence’s comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.

2655 Seely Avenue, Building 5
San Jose, CA, 95134
Industry Software - Application
Employees 10,200

Related Articles CDNS

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CDNS’s competitive advantage.

Cadence Design Systems Inc


Ansys Inc


Synopsys Inc


Siemens AG

+$0.29 (0.12%) −$0.31 (0.10%) −$1.74 (0.38%) +$0.08 (0.06%)
Market Cap
63.68 Bil25.82 Bil69.80 Bil107.46 Bil
Software - Application Software - Application Software - Infrastructure Specialty Industrial Machinery

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Cadence Design Systems Inc Stock

No. CDNS does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CDNS’s market cap is 63.68 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CDNS’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CDNS’s price/sales is 16.86.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CDNS’s price/forward earnings is 71.87.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CDNS’s price/book is 21.89.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CDNS’s valuation ratios compared to the Market Index.

CDNS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CDNS’s historical performance against its industry peers and the overall market.