CDNS · Cadence Design Systems, Inc.
$326.24
+1.80% last session
End-of-day data · updated 2026-07-28
Market cap
$93B
Enterprise value
$92B
Trailing P/E
79.3
Forward P/E
36.0
Dividend yield
—
Beta
1.15
Avg volume
2M
Employees
15K
2D change
3.79%
5D change
2.47%
10D change
2.57%
30D change
-10.25%
60D change
-9.69%
MTD change
-10.36%
YTD change
8.33%
Analyst Outlook
Analyst estimates change daily — follow the shifts on the Estimate Trends page.
Technical Analysis
Analyst sentiment over time — CDNS
Rec Mean (blue, left — higher = more bullish) vs. price targets (right).
Investment Bank Ratings as of 2026-07-28
Latest call per bank · past 12 months
Bank of America
Buy$420
+28.7% vs priceCitigroup
Buy$420
+28.7% vs priceWells Fargo
Overweight$425
+30.3% vs priceMorgan Stanley
Overweight$370
+13.4% vs priceJP Morgan
Overweight$405
+24.1% vs priceRecent rating actions
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-28 | Bank of America | Maintains | Buy | $400 → $420 |
| 2026-07-28 | Rosenblatt | Maintains | Buy | $410 → $420 |
| 2026-07-28 | Citigroup | Maintains | Buy | $400 → $420 |
| 2026-07-28 | Baird | Maintains | Outperform | $415 → $420 |
| 2026-07-28 | Needham | Reiterates | Buy | $400 |
| 2026-07-28 | Piper Sandler | Maintains | Neutral | $325 → $349 |
| 2026-07-16 | Benchmark | Initiates | Buy | $0.00 → $450 |
| 2026-07-14 | Rosenblatt | Maintains | Buy | $375 → $410 |
Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.
Signal Summary as of 2026-07-28
- RSI (14): RSI is 43 — neutral momentum, neither overbought nor oversold.
- Price vs 50-day MA: Trading 7.3% below the 50-day MA ($371.84).
- Price vs 200-day MA: Trading 5.2% above the 200-day MA ($327.64).
- MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
- MACD (12,26,9): MACD histogram is negative (-2.69) — short-term momentum is fading.
- 52-week range: Price sits between the 52-week low ($265.66) and high ($416.39).
CDNS Price Chart
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Fundamentals
About Cadence Design Systems, Inc.
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.
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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.