Cadence Design Systems Inc
Cadence Design Systems Inc (CDNS) is listed on NASDAQ and classified in Software - Application, part of the Technology sector. It is headquartered in San Jose, United States and has 15,445 employees. The company is worth $85.28B and trades at 61.6x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was $5.3B in fiscal 2025, up 14.1% from the year before. Net income was $1.11B. The share price is 25.7% below its 52-week high of $416.69. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $206.64M. In that quarter, 2 of them opened or added to the position and 5 reduced it. Over the last 30 days, company insiders sold $1.09M of its stock on the open market and bought none. All of those sales were scheduled in advance under 10b5-1 plans.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +80.0% over 5Y.
today you would have $1,845.71▲ +84.6%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $312.58 | $300.46 | $272.37 | $160.64 | $186.35 | $136.43 | $69.36 | $43.48 | $41.82 | $25.22 | $20.81 | $18.97 | $14.02 | $13.51 | $10.40 | $8.26 | $5.99 | $3.66 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 14.0% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 28.0 among peers in the sector.
Median P/E of 37.5 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| ASXASE Technology Holding Co., Ltd. | $37.74 | 44.9x | 7.0x | 1.11% | 17.01% | $82.98B |
| SNPSSynopsys Inc | $422.48 | 74.6x | 2.6x | 0.00% | 3.66% | $80.96B |
| MSIMotorola Solutions, Inc. | $477.81 | 37.6x | 29.6x | 1.01% | 91.57% | $79.07B |
| DDOGDatadog, Inc. | $257.75 |
| P/E | 37.5x | 77.0x | 78.0x | 71.3x | 52.0x | 74.5x | 64.7x | 19.6x | 35.3x | 57.3x | 36.0x | 25.7x | 36.5x | 25.0x | 8.6x | 38.5x | 17.2x | — | — |
| P/S | 4.8x | 16.1x | 17.7x | 18.1x | 12.3x | 17.3x | 14.2x | 8.3x | 5.7x | 6.1x | 3.9x | 3.7x | 3.5x | 2.8x | 2.9x | 2.5x | 2.4x | 1.9x | 0.9x |
| P/B | 9.5x | 15.6x | 17.6x | 21.8x | 16.0x | 18.9x | 15.3x | 9.2x | 9.5x | 12.0x | 9.5x | 4.6x | 4.2x | 3.5x | 4.2x | 6.9x | 8.0x | 14.8x | 5.0x |
| EPS | $4.06 | $3.85 | $3.82 | $3.09 | $2.50 | $2.11 | $3.53 | $1.23 | $0.73 | $0.70 | $0.81 | $0.52 | $0.56 | $1.57 | $0.27 | $0.48 | -$0.58 | -$7.30 |
| Profit margin | 15.50% | 20.94% | 22.74% | 25.46% | 23.84% | 23.29% | 22.02% | 42.33% | 16.17% | 10.50% | 11.18% | 14.83% | 10.05% | 11.25% | 33.17% | 6.28% | 13.52% | -17.58% | -178.77% |
| ROE | 23.14% | 20.26% | 22.58% | 30.58% | 30.93% | 25.39% | 23.69% | 47.03% | 26.84% | 20.63% | 27.38% | 18.34% | 11.92% | 14.21% | 48.07% | 17.57% | 45.74% | -138.29% | -994.42% |
Median of the years shown; P/E years above 200x are left out.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 1 families.
Room for errors in the reported numbers.
-63.4% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 515.5x |
| 21.2x |
| 0.00% |
| 4.70% |
| $92.55B |
| INTUIntuit Inc | $354.90 | 21.6x | 5.0x | 1.56% | 23.60% | $94.84B |
| HPEHewlett Packard Enterprise Co | $55.47 | 28.6x | 2.8x | 1.03% | 10.94% | $73.63B |