CDNS · Cadence Design Systems Inc

NASDAQ Technology Large Cap Clavix C+
329.91−4.29  (−1.28%)

Snapshot

50 fields · last close
Market Cap$92.04B
P/E68.74
Float274.6M
Beta1.11
Volatility27.7%
ExchangeNASDAQ
SectorTechnology
Cap tierLarge cap
Macro sensitivityModerate
Clavix score64.6
Price329.91
Change−1.28%
Prev Close334.20
Open343.68
Day Low333.79
Day High344.12
Avg Vol2
Avg $ Vol$686.9M
52W High416.69
52W Low262.75
52W Pos43.6%
From High−20.83%
From Low+25.56%
Max DD 1Y—
Spread0.10%
LiquidityDeep
SMA 20—
SMA 50—
SMA 200—
RSI (14)—
Vol 30D—
Vol 90D—
1Y Range263–417
Daily bars—
Perf Week—
Perf Month—
Perf Quarter—
Perf Half Y—
Perf Year—
Perf YTD—
Prev Day−1.28%
ClavixC+
Debt / Eq0.45
Curr Ratio2.86
Int Cover20.0×
FCF Margin30.0%
Rev Growth+14.1%
ProfitProfitable
LeverageLow
Sector rank28 / 100

What CDNS does

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.

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 Ten Silica, 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.

Clavix risk grade

regraded every trading day
C+64.6/100

CDNS grades C+, 64.6 of 100. Steadiest on News Sentiment (64), most exposed on Macro Resilience (39, fragile). 3 of the 4 weighted dimensions sit above the Technology median. Ranks 28 of 100 in Technology by Clavix score.

PriceMacroSectorNewsFinancial

How rough the ride is

CDNSTechnology median
Betavs the overall market · lower is steadier1.111.28
Volatilityannualized27.7%32.3%
Max drawdown, past yearworst peak-to-trough fall——
Typical daily movemedian absolute daily change——
Days beyond ±3%of the last 0 sessions——

Market sensitivity

CDNSTechnology median
Beta to the markethow much it swings with the S&P 500 · lower is safer1.111.28
Macro sensitivityrate, dollar and credit exposure bucketModerateModerate 39% of 102

Where it sits on the macro scale

Low 6Moderate 40High 27Very High 29

Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Technology names sit in each bucket.

Where it ranks in its sector

Sector
Technology100 companies ranked
CDNS
#28 of 100

Rank by Clavix score within the sector. Right is the top of the sector.

Price performance

CDNS
1 week—
1 month—
Year to date—
1 year—

Context for the rank, not itself a risk measure.

Recent coverage, scored

CDNS
Articles scoredthe most recent scored coverage, up to 3030 since 28 Jul
Average score0 most bearish, 100 most bullish62
Bullish · bearisharticles above 60 · below 4021 · 6
Directionarticles whose tone is improving vs worsening21 ↑ 6 ↓

Where the article scores land

Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.

Balance sheet, against the sector

Debt / equityTotal debt vs shareholder equity · lower is stronger
0.45sector median 0.30 · 100 names
Current ratioShort-term assets vs liabilities · higher is stronger
2.86sector median 1.60 · 102 names
FCF marginFree cash flow as a share of revenue · higher is stronger
30.0%sector median 23.3% · 85 names
Interest coverageOperating income vs interest expense · higher is stronger
20.0×sector median 1.3× · 95 names

The shaded band is the middle half of the 100 Technology names Clavix covers; the tick is the sector median.

Growth

CDNS
Revenue growthyear over year+14.1%

Financial Health is shown but does not count toward the grade. Why

0–100, higher is safer. The tick on each bar is the Technology median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.

Recent news

most recent scored articles · the chip is the article’s score · click to open

Cadence Design Systems has been certified by TSMC to support its next-generation A14 chip manufacturing process, which should help keep revenue steady for the next few years. Competitors Synopsys and Siemens have earned the same TSMC certification, so Cadence gains no edge over them. The article also flags a long-term risk: if AI tools gain access to advanced chip design kits, it could disrupt Cadence's business.

Source Seeking Alpha Significance minor Impact product Risk neutral

Read the article →

The article reports that Cadence Design Systems (CDNS) trades at $348.84 after a 121.7% gain over five years, and questions whether the company's earnings justify that price. It also flags a new collaboration with Analog Devices around Tensilica DSP technology, though the details are cut off.

Source yahoo.com Significance moderate Impact financial impact Risk neutral

Read the article →

Wall Street Zen lowered its rating on Cadence Design Systems (CDNS) from buy to hold in a Sunday report. The article also mentions FBN Securities began covering the stock on September 11, though further details were cut off.

Source tickerreport.com Significance minor Impact other Risk worsening

Read the article →

In late September 2026, Cadence launched a new RTL Generation Agent inside its ChipStack AI product to automate early-stage chip design from natural language descriptions, and its tools also helped Global Unichip Corp. (GUC) deliver custom AI accelerator chips built on TSMC's most advanced manufacturing processes.

Source yahoo.com Significance moderate Impact product Risk improving

Read the article →

Wall Street Zen downgraded Cadence Design Systems from a buy rating to a hold rating in a report on Sunday.

Source marketbeat.com Significance moderate Impact financial impact Risk worsening

Read the article →

Nearest peers by size

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APPApplovin CorpD+$91.12B20.662.48Compare
SNPSSynopsys IncC+$94.77B89.411.23Compare
DDOGDatadog Inc (Pre-Reincorporation)C-$101.7B574.451.51Compare
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NETCloudflare IncD+$123.8B—1.35Compare
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