Cadence Design Systems, Inc. (CDNS) is listed on NasdaqGS in the Technology sector Β· Software - Application industry. The current price is 306.34, down -0.11% from the previous close. Market cap is approximately $84.6B.
The commentary below is auto-generated by comparing market data (P/E, ROE, D/E, etc.) against predefined thresholds. No LLM is used. This is not a buy/sell recommendation from us or any analyst. For reference only.
Cadence Design Systems, Inc. trades at a premium P/E of 60.85x, with a lot of growth priced in. A single quarter that misses consensus can compress the multiple sharply.
Cadence Design Systems, Inc.'s 23.23% ROE places it in the elite band. Companies that sustain ROE above 15% for years usually have a structural moat (brand, network effects, cost advantage).
CDNS's D/E at 38.66 is on the high side. Credit rating, debt maturity ladder, and refinancing risk all become first-order considerations.
Revenue is growing 24.20% year-over-year. Double-digit growth often reflects share gains or new-market entry.
Tech is rate-sensitive β macro shifts move multiples meaningfully.
Cadence Design Systems, Inc. sits in the lower 28% of its 52-week range (262.75β416.69). The stock has pulled back from its highs; whether that reflects sector-wide conditions or a company-specific issue is the first thing to establish.
The stock moved within a 1.67% high-to-low band on the day, closing -0.11%. That falls within a typical intraday range.
Your watchlist and portfolio, one tap from your home screen β the Margin Call app
Cadence Design Systems, Inc. (CDNS) is listed on NasdaqGS, with recent volume of 551,500 shares. Volume is a supporting gauge of how much conviction sits behind a price move β the same gain reads differently on heavy versus light turnover.