Cadence Design Systems, Inc.
General ticker "CDNS" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $76.6B (TTM average)
Cadence Design Systems, Inc. follows the US Stock Market performance with the rate: 50.5%.
Estimated limits based on current volatility of 2.1%: low 253.94$, high 265.01$
Factors to consider:
- Earnings expected soon, date: 2025-04-28 amc
- Company included in S&P500 list
- Company included in NASDAQ-100 index
- US accounted for 25.9% of revenue in the fiscal year ended 2024-12-31
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [265.60$, 372.54$]
- 2025-12-31 to 2026-12-31 estimated range: [268.72$, 377.41$]
Financial Metrics affecting the CDNS estimates:
- Positive: Non-GAAP EPS, $ of 5.97 > 2.19
- Negative: Operating cash flow per share per price, % of 1.51 <= 1.79
- Negative: Inventory ratio change, % of 1.57 > 1.05
- Positive: 43.26 < Shareholder equity ratio, % of 52.08 <= 63.75
- Positive: 0 < Industry earnings per price (median), % of 1.17
- Positive: Operating profit margin, % of 29.10 > 18.46
- Positive: Return on assets ratio (scaled to [-100,100]) of 10.52 > 6.86
- Positive: -3.20 < Investing cash flow per share, $ of -3.09
Short-term CDNS quotes
Long-term CDNS plot with estimates
Financial data
YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
---|---|---|---|
Operating Revenue | $3,561.72MM | $4,089.99MM | $4,641.26MM |
Operating Expenses | $2,488.03MM | $2,838.76MM | $3,290.50MM |
Operating Income | $1,073.69MM | $1,251.22MM | $1,350.76MM |
Non-Operating Income | $-28.32MM | $30.70MM | $45.06MM |
Interest Expense | $22.93MM | $36.19MM | $76.00MM |
R&D Expense | $1,251.54MM | $1,441.80MM | $1,549.09MM |
Income(Loss) | $1,045.36MM | $1,281.93MM | $1,395.82MM |
Taxes | $196.41MM | $240.78MM | $340.33MM |
Profit(Loss)* | $848.95MM | $1,041.14MM | $1,055.48MM |
Stockholders Equity | $2,745.11MM | $3,404.27MM | $4,673.58MM |
Inventory | $128.00MM | $181.66MM | $257.71MM |
Assets | $5,137.07MM | $5,669.49MM | $8,974.48MM |
Operating Cash Flow | $1,241.89MM | $1,349.18MM | $1,260.55MM |
Capital expenditure | $124.22MM | $102.50MM | $142.54MM |
Investing Cash Flow | $-738.63MM | $-412.25MM | $-837.12MM |
Financing Cash Flow | $-657.05MM | $-803.57MM | $1,239.24MM |
Earnings Per Share** | $3.13 | $3.86 | $3.89 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.