NASDAQ · CDNS
Cadence Design Systems, Inc.
Technology · Software - Application
$326.13▲ 1.28% ($4.13)at close
After hours$325.75▼ 0.12%7:59 PM ET
Valuation
Revenue & margin DCF
Verdict: expensive. Price above all scenarios.
The price needs 25.8% revenue growth a year for 10 years. Our scenarios assume 8.2–14.3%.
That's 1.7× its past 4-year pace.
Value per share
Base case
$116.50
Price used $326.13 is 2.8× this
USD · TTM ending Jun 30, 2026 · Price Sep 25, 8:00 PM UTC
Revenue each value needs
Revenue today $5.8B. The price needs $57.9B by 2036. Base case: $17.2B. At its recent pace: $24.4B. Bear to Bull: $12.9B to $22.1B.
Revenue today $5.8B. The price needs $57.9B by 2036. Base case: $17.2B. At its recent pace: $24.4B. Bear to Bull: $12.9B to $22.1B.
Revenue in 2036
today $5.8B
+$40.7Bmore than the Base case · 3.4×
Value per share · Base case
$116.50
Price $326.13
2.8× this
- 10-yr revenue CAGR
- 11.4%
- Ending operating margin
- 30.0%
- Discount rate
- 11.2%
USD · TTM ending Jun 30, 2026 · Price Sep 25, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 7.1% over the last year. Revenue grew 14.7% over the trailing twelve months. Operating margin moved from 30.23% to 30.83%. Free cash flow grew 5.91% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 30.83%. A decisive move in revenue — currently up 14.7% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
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.
Market multiples
Stock splits
Every 1 shares became 2
Every 2 shares became 3
Every 2 shares became 3
Every 500 shares became 543
Profitability & growth
Analyst consensus
26
Buy
4
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 26, 2026
Q4 FY26 · EPS est $2.04 · Revenue est $1.61B
View
Institutional Sentiment
Cadence Design Systems, Inc. · CDNS
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.