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CDNS

CADENCE DESIGN SYSTEMS INC

NASDAQ · Technology · Software - Application · US

$279.06
−3.56%
Ask drillr
Price chart
Aug 13Aug 18Aug 21Aug 26Aug 31Sep 3Sep 9Sep 14
P/E (Fwd)
32.5x
EV/EBITDA
35.7x
Market Cap
$76.85B
RSI (14)
30.3
1D Return
−3.56%
YTD Return
−9.47%
SummaryUpdated Jun 1, 2026

Cadence Design Systems, Inc. (NASDAQ:CDNS) is a leading provider of electronic design automation (EDA) software, hardware, and services for the semiconductor and electronics industries. Founded in 1987 through the merger of SDA Systems and ECAD, the company has evolved from a traditional EDA vendor into a comprehensive intelligent system design platform provider. Headquartered in San Jose, California, Cadence serves customers across multiple industries including 5G communications, automotive, aerospace and defense, consumer electronics, and hyperscale computing markets. The company has been at the forefront of incorporating artificial intelligence into chip design processes and has established itself as a critical enabler of semiconductor innovation.

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