Cadence Design Systems, Inc. - Common Stock (CDNS)
350.11
-0.95 (-0.27%)
NASDAQ · Last Trade: Sep 27th, 7:37 PM EDT
Detailed Quote
Previous Close
351.06
Open
349.92
Bid
350.11
Ask
350.99
Day's Range
346.99 - 351.09
52 Week Range
221.56 - 376.45
Volume
1,302,637
Market Cap
96.90B
PE Ratio (TTM)
94.62
EPS (TTM)
3.7
Dividend & Yield
N/A (N/A)
1 Month Average Volume
1,873,978
Chart
About Cadence Design Systems, Inc. - Common Stock (CDNS)
Cadence Design Systems is a leading technology company that specializes in electronic design automation (EDA) software and engineering services. The company provides a comprehensive suite of tools and solutions that facilitate the design, verification, and implementation of integrated circuits and electronic systems. Cadence's offerings enable engineers to create innovative products across various industries, including consumer electronics, automotive, and telecommunications. By leveraging advanced algorithms and machine learning, Cadence helps customers improve their design efficiency, reduce time to market, and enhance the overall performance of their electronic products. Read More
Looking into the current session, Cadence Design Systems Inc. (NASDAQ: CDNS) shares are trading at $350.01, after a 0.30% decrease. Over the past month, the stock fell by 0.37%, but over the past year, it actually went up by 28.82%.
OpenEye miniCUP--Cadence Molecular Sciences (OpenEye), a business unit of Cadence (Nasdaq: CDNS), announced today at miniCUP Boston, the launch of ROCS X, an AI-enabled virtual-- screening solution that allows scientists to conduct 3D searches of trillions of drug-like molecules. The ROCS X technology was developed and validated through collaboration with Treeline Biosciences, a biotechnology firm focused on addressing serious medical conditions such as cancer. Utilizing ROCS X, Treeline has physically sourced over 150 novel compounds for evaluation as potential drug candidates.
"You get what you pay for" often applies to expensive stocks with best-in-class business models and execution.
While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
Cadence (Nasdaq: CDNS) today announced major advancements in chip design automation and IP, driven by its long-standing relationship with TSMC to develop advanced design infrastructure and accelerate time to market, for AI and HPC customer applications. Cadence and TSMC have collaborated closely across the spectrum from AI-driven EDA to 3D-ICs to IP and photonics, enabling the world’s most advanced semiconductors.
Cadence Design Systems (CDNS) excels as a quality investment with strong revenue growth, a high 62% ROIC, robust cash flow, and a leading position in electronic design automation software.
A number of stocks jumped in the afternoon session after investors scooped up equities, shaking off the initial concerns inferred from the Fed's dot plot, with tech stocks leading the charge.
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Thursday to find the gap up and gap down stocks in today's session.
Before the opening bell on Thursday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
NVIDIA (NASDAQ: NVDA), the undisputed leader in high-performance graphics processing units (GPUs) and artificial intelligence (AI) accelerators, finds itself increasingly entangled in the escalating geopolitical rivalry between the United States and China. Recent directives from Beijing reportedly halting purchases of NVIDIA's cutting-edge AI chips by major Chinese tech firms, coupled
Synopsys (NASDAQ: SNPS), a global leader in electronic design automation (EDA) and semiconductor IP, announced its third-quarter fiscal year 2025 financial results on September 9, 2025, a period marked by the monumental finalization of its acquisition of simulation software giant Ansys (NASDAQ: ANSS). While the strategic merger promises to reshape
Synopsys (NASDAQ: SNPS), a leading force in electronic design automation (EDA) and semiconductor IP, finds itself at a curious crossroads, presenting a mixed bag of signals to the investment community. Wall Street analysts largely maintain a "Moderate Buy" consensus on the stock, projecting a substantial upside from its current valuation.
Cadence Design Systems (CDNS) is a top growth stock with accelerating revenue and earnings, strong profitability, and a positive technical breakout pattern.
Synopsys (NASDAQ: SNPS), a leader in electronic design automation (EDA) and semiconductor intellectual property (IP), reported stellar financial results for the second quarter of fiscal year 2025, significantly exceeding both revenue and non-GAAP earnings per share (EPS) guidance. The strong performance signals the company's robust position amid a transformative period,
In a monumental strategic maneuver poised to redefine the landscape of electronic design automation, Synopsys (NASDAQ: SNPS) has finalized its approximately $35 billion acquisition of Ansys (NASDAQ: ANSS). This colossal merger, which officially closed on July 17, 2025, represents a decisive leap for Synopsys beyond its traditional semiconductor design stronghold,
Semiconductor industry stalwart Synopsys just had one of its worst days ever. However, the stock's massive fall points to an opportunity for investors.
Synopsys (NASDAQ: SNPS), a titan in the electronic design automation (EDA) and semiconductor IP market, sent shockwaves through the financial world this week after announcing its fiscal third-quarter 2025 financial results. The company's adjusted earnings per share (EPS) and revenue both fell significantly short of analysts' estimates, leading to a
Synopsys (NASDAQ: SNPS), a global leader in electronic design automation (EDA) and semiconductor IP, is embarking on a significant strategic review process that includes a planned 10% global headcount reduction by the end of fiscal year 2026. This comprehensive initiative, announced amidst recent financial headwinds and the integration of its
Synopsys (NASDAQ: SNPS), a leading force in electronic design automation (EDA) software and semiconductor intellectual property (IP), finds itself at a fascinating crossroads. Despite a generally bullish stance from financial analysts, who project significant upside for its stock, the company is grappling with a complex web of macroeconomic uncertainties, geopolitical
