Cadence Design Systems, Inc.
Ticker
CDNS
ISIN
US1273871087
Price
USD 306.75
Change Today
-1.47 / -0.477 %
Price 1 year ago
268.75 / 14.14 %
Market Capitalization
50,783,318,016.00
52 Week Low
246.84
52 Week High
326.50
200 Day Moving Average
289.16
50-day Moving Average
289.05
Price evolution
Yearly Returns
Peers
Peers
Company information
Summary
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.
Sector
Technology
Industry
Software—Application
Country
United States
Exchange
NMS
Earnings Per Share
2.34
P/E Ratio
78.3077
Debt/Equity Ratio
13.256
Beta
1.091528
Ebitda
1,134,055,936.00
Ebitda Margins
0.35
Enterprise to Ebitda
44.34
Enterprise Value
50,280,185,856.00
Target Price
194.35
Estimated Price
157.13
Book Value
9.14
Expected Growth
-
Balance sheet
Income statement
Sustainability
Correlation
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GRAB | Grab Holdings Limited | -0.65 |
TTCM | TAUTACHROME INC | -0.62 |
0020.HK | SENSETIME-W | -0.53 |
8083.HK | CHINA YOUZAN | -0.38 |
2013.HK | WEIMOB INC | -0.37 |
600588.SS | YONYOU NETWORK TECHNOLOGY CO LT | -0.34 |
SHOP | Shopify Inc. | -0.33 |
300348.SZ | SHENZHEN SUNLINE T | -0.16 |
RIOT | Riot Blockchain, Inc | -0.06 |
300044.SZ | SHENZHEN SUNWIN IN | 0.11 |
SYME.L | SUPPLY@ME CAPITAL PLC | 0.18 |
600570.SS | HUNDSUN TECHNOLOGIES INC | 0.19 |
600446.SS | SHENZHEN KINGDOM SCI-TECH CO. L | 0.30 |
002065.SZ | DHC SOFTWARE CO | 0.45 |
300366.SZ | TROY INFORMATION T | 0.49 |
600536.SS | CHINA NATIONAL SOFTWARE& SERVIC | 0.51 |
300047.SZ | SHENZHEN TIANYUAN | 0.56 |
600718.SS | NEUSOFT CORPORATION | 0.56 |
300166.SZ | BUSINESS-INTELLIGE | 0.58 |
6610.HK | FLOWING CLOUD | 0.58 |
603636.SS | LINEWELL SOFTWARE CO LTD | 0.70 |
300075.SZ | BEIJING EGOVA CO L | 0.73 |
300002.SZ | BEIJING ULTRAPOWER | 0.74 |
002230.SZ | IFLYTEK CO LTD | 0.75 |
300339.SZ | JIANGSU HOPERUN SO | 0.77 |
300229.SZ | TRS INFORMATION TE | 0.80 |
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Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.