CS

Cadence Design Systems

CDNS
NASDAQInformation Technology
$325.55
USD
-4.40(-1.33%)
At close: Apr 30, 16:10 UTC
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Open

$325.56

Prev. Close

$325.54

High

$325.56

Low

$325.55

Market Snapshot

Market Cap

$89.81B

P/E Ratio

81.0

EPS

3.89

Revenue

$4.64B

Why CDNS moved

Cadence Design Systems achieved a 20.35% annual return over five years, exceeding market performance by 9.05%, and currently holds a market cap of $89.50 billion.

About

Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 13,800 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).

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