CDS Stock Chart & Stats
€298.55
-€6.60(-2.14%)
At close: 4:00 PM EDT
€298.55
-€6.60(-2.14%)
Day’s Range― - ―
52-Week Range€220.00 - €359.70
Previous CloseN/A
Volume413.00
Average Volume (3M)238.00
Market Cap
€79.45B
Enterprise Value€104.60K
Total Cash (Recent Filing)€1.44B
Total Debt (Recent Filing)€2.48B
Price to Earnings (P/E)67.2
Beta0.60
Next Earnings
Oct 26, 2026EPS Estimate
1.78Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.06
Shares Outstanding275,393,000
10 Day Avg. Volume392
30 Day Avg. Volume238
Financial Highlights & Ratios
PEG Ratio14.86
Price to Book (P/B)15.49
Price to Sales (P/S)16.01
P/FCF Ratio53.45
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€361.45Price Target Upside21.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)6.9
Revenue Forecast (FY)€5.48B
Bulls Say, Bears Say
Bulls Say
High Margins & Operating ProfitabilityCadence's very high gross margins and strong operating profitability are durable advantages in EDA: they reflect pricing power, scalable software economics, and the ability to invest in R&D and partnerships without eroding core margins, supporting long-term cash generation and competitive moat.
Robust Free Cash Flow And Buyback CapacityConsistent, high free cash flow gives Cadence durable financial flexibility: it funds sustained R&D, strategic integrations and share repurchases, reduces dependence on external financing for growth initiatives, and provides a cushion versus cyclical swings in customer R&D spend.
Leadership In EDA/IP With Strategic Foundry PartnershipsBroad product breadth (EDA, IP, SDA) plus deep foundry and OEM engagements create multi-year demand visibility and high switching costs. Record backlog and expanding IP traction support durable wallet share gains and long-term TAM expansion, including new agentic-AI workflows.
Bears Say
Rising Leverage And Net DebtThe meaningful increase in leverage reduces financial flexibility and raises refinancing and interest-rate sensitivity. If growth or cash flow weakens, higher debt levels could constrain strategic options, slow buybacks, or force more conservative capital allocation.
Decelerating Revenue Growth Vs Prior YearsA material slowdown in underlying revenue growth compresses the runway for margin expansion and makes organic scaling harder. Management may need to increase investment, M&A or pricing actions, raising execution risk and putting pressure on sustaining prior profitability levels.
Sensitivity To Export Controls / Regulatory ShiftsGeopolitical and export-control changes can structurally constrain addressable markets and partner integrations. Such regulatory shifts could delay shipments, restrict customer engagements, and materially affect backlog monetization and long-term revenue visibility.
Cadence Design News
CDS FAQ
What was Cadence Design Systems’s price range in the past 12 months?
Cadence Design Systems lowest stock price was €220.00 and its highest was €359.70 in the past 12 months.
What is Cadence Design Systems’s market cap?
Cadence Design Systems’s market cap is €79.45B.
When is Cadence Design Systems’s upcoming earnings report date?
Cadence Design Systems’s upcoming earnings report date is Oct 26, 2026 which is in 86 days.
How were Cadence Design Systems’s earnings last quarter?
Cadence Design Systems released its earnings results on Jul 27, 2026. The company reported €1.842 earnings per share for the quarter, beating the consensus estimate of €1.793 by €0.049.
Is Cadence Design Systems overvalued?
According to Wall Street analysts Cadence Design Systems’s price is currently Undervalued.
Does Cadence Design Systems pay dividends?
Cadence Design Systems does not currently pay dividends.
What is Cadence Design Systems’s EPS estimate?
Cadence Design Systems’s EPS estimate is 1.78.
How many shares outstanding does Cadence Design Systems have?
Cadence Design Systems has 275,393,000 shares outstanding.
What happened to Cadence Design Systems’s price movement after its last earnings report?
Cadence Design Systems reported an EPS of €1.842 in its last earnings report, beating expectations of €1.793. Following the earnings report the stock price went up 3.433%.
Which hedge fund is a major shareholder of Cadence Design Systems?
Currently, no hedge funds are holding shares in DE:CDS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Cadence Design Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€361.45 (21.07% Upside)
€361.45 (21.07% Upside)
Blogger Sentiment
Bullish
DE:CDS Sentiment 70%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.49%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
34.23%
Trailing 12-Months
Company Description
Cadence Design Systems
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.
CDS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational and financial momentum: 24% Q2 revenue growth, record backlog ($8.1B), robust margins (45.5% non-GAAP in Q2), and notable early traction for agentic AI products and strategic partnerships (Intel, Samsung, TSMC). Management raised full-year guidance to ~19% revenue growth and reiterated confidence in multi-year TAM expansion from agentic AI. Near-term headwinds include deliberate investment spending in H2 (Hexagon integration, Intel engagement), hardware supply constraints, regulatory sensitivity around export controls, and the early-stage nature of agentic AI monetization, but these were framed as strategic investments to drive future growth.View all DE:CDS earnings summariesCDS Revenue Breakdown
70.00% Core EDA
14.00% IP
16.00% System Design and Analysis

CDS Stock 12 Month Forecast
Average Price Target
€361.45
▲(21.07% Upside)










