CDNS Stock: Cadence Design Systems, Inc. Stock Price, Analysis & Insights
Get live cdns stock price $350.43, comprehensive Cadence Design Systems, Inc. stock analysis, charts, news, and expert forecast. Real-time cdns stock data and investment insights.
Company Overview
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Company Information
- CEO
- Anirudh Devgan
- Sector
- Technology
- Industry
- Software - Application
- Employees
- 12837
Contact Information
- Website
- https://www.cadence.com
- Address
- Building 5
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 95.49B market capitalization
- Trading Volume: 1.29M shares traded today
- Price Range: 52-week range of $221.56 - $376.45
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Cadence Design Systems, Inc.
Cadence Design Systems, Inc. (CDNS) operates in the Software - Application industry within the Technology sector. With a current market capitalization of 95.49B, the company represents a significant player in its market. The stock is currently trading at $350.43 with a negativedaily change of 1.09%.
The company's 12837 employee base and presence on the NASDAQ Global Selectexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of 94.46, beta of 0.97, and 52-week price range from $221.56 to $376.45when evaluating investment opportunities.
Why Invest in Cadence Design Systems, Inc.?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Anirudh Devgan
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.