About Cadence Design Systems, Inc.
Cadence Design Systems, Inc. (CDNS) has been publicly traded since 1987, making it a 39-year-old public company. It operates in the Software - Application industry within the Technology sector. The company is headquartered in San Jose, United States and employs approximately 13,800 people. With a market capitalization of $79 billion, CDNS is a large established company.
Key Statistics
- Current Price
- $285.91
- Market Cap
- $78.88B
- 52-Week High
- $376.45
- 52-Week Low
- $221.56
- Sector
- Technology
- Industry
- Software - Application
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -8.53% | $312.58 | $285.91 |
| 2025 | +4.03% | $300.46 | $312.58 |
| 2024 | +10.31% | $272.37 | $300.46 |
| 2023 | +69.55% | $160.64 | $272.37 |
| 2022 | -13.80% | $186.35 | $160.64 |
| 2021 | +36.59% | $136.43 | $186.35 |
| 2020 | +96.70% | $69.36 | $136.43 |
| 2019 | +59.52% | $43.48 | $69.36 |
| 2018 | +3.97% | $41.82 | $43.48 |
| 2017 | +65.82% | $25.22 | $41.82 |
| 2016 | +21.19% | $20.81 | $25.22 |
| 2015 | +9.70% | $18.97 | $20.81 |
| 2014 | +35.31% | $14.02 | $18.97 |
| 2013 | +3.77% | $13.51 | $14.02 |
| 2012 | +29.90% | $10.40 | $13.51 |
| 2011 | +25.91% | $8.26 | $10.40 |
| 2010 | +37.90% | $5.99 | $8.26 |
| 2009 | +63.66% | $3.66 | $5.99 |
| 2008 | -78.48% | $17.01 | $3.66 |
| 2007 | -5.03% | $17.91 | $17.01 |
| 2006 | +5.85% | $16.92 | $17.91 |
| 2005 | +22.52% | $13.81 | $16.92 |
| 2004 | -23.19% | $17.98 | $13.81 |
| 2003 | +52.50% | $11.79 | $17.98 |
| 2002 | -46.21% | $21.92 | $11.79 |
| 2001 | -20.29% | $27.50 | $21.92 |
| 2000 | +14.58% | $24.00 | $27.50 |
| 1999 | -19.33% | $29.75 | $24.00 |
| 1998 | +21.43% | $24.50 | $29.75 |
| 1997 | +24.05% | $19.75 | $24.50 |
| 1996 | +41.07% | $14.00 | $19.75 |
| 1995 | +205.45% | $4.58 | $14.00 |
| 1994 | +77.42% | $2.58 | $4.58 |
| 1993 | -45.61% | $4.75 | $2.58 |
| 1992 | -14.93% | $5.58 | $4.75 |
| 1991 | +5.24% | $5.31 | $5.58 |
| 1990 | +12.35% | $4.72 | $5.31 |
| 1989 | +88.89% | $2.50 | $4.72 |
| 1988 | +87.50% | $1.33 | $2.50 |
Valuation
CDNS currently trades at a trailing P/E ratio of 70.9, which is considered high relative to the broader market. The forward P/E of 30.5 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 14.3. The price-to-sales ratio is 14.9.
Dividends
Cadence Design Systems, Inc. does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.
Risk & Volatility
CDNS has a beta of 1.02, indicating it is slightly more volatile than the overall market. The stock's 52-week range is $221.56 to $376.45, and it currently trades in the lower half of its 52-week range.
Analyst Ratings
Based on 26 analyst opinions, CDNS has a consensus "strong_buy" rating. The average price target of $371.82 suggests 29.5% upside from current levels.
Frequently Asked Questions
What does Cadence Design Systems, Inc. do? ▼
Cadence Design Systems, Inc. is a Software - Application company operating in the Technology sector. The company is headquartered in San Jose, United States.
What sector is CDNS in? ▼
CDNS operates in the Technology sector, specifically in the Software - Application industry.
When did CDNS go public? ▼
Cadence Design Systems, Inc. went public in 1987, making it a 39-year-old public company as of 2026.
How much would $1,000 invested in CDNS 5 years ago be worth today? ▼
A $1,000 investment in CDNS five years ago would be worth approximately $2,246 today, representing a 124.6% return.
Does CDNS pay dividends? ▼
No, Cadence Design Systems, Inc. does not currently pay a dividend. The company reinvests its earnings into growth.
What is CDNS's market cap? ▼
Cadence Design Systems, Inc. has a market capitalization of $79 billion, classifying it as a large-cap company.
What is CDNS's P/E ratio? ▼
CDNS has a trailing P/E ratio of 70.9 and a forward P/E of 30.5, which measures how much investors are paying per dollar of earnings.
Is CDNS a buy, hold, or sell? ▼
Based on 26 opinions, CDNS has a consensus "strong_buy" rating. The average price target is $371.82.
Last updated: 3/14/2026