Cadence Design Systems

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About CDNS

Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. It operates through the following geographical segments: Americas, Asia, EMEA, and Japan.

CEO

Anirudh Devgan

CEOAnirudh Devgan

Employees

12,700

Employees12,700

Headquarters

San Jose, California

HeadquartersSan Jose, California

Founded

1988

Founded1988

Employees

12,700

Employees12,700

CDNS Key Statistics

Market cap

73.06B

Market cap73.06B

Price-Earnings ratio

74.62

Price-Earnings ratio74.62

Dividend yield

—

Dividend yield—

Average volume

2.30M

Average volume2.30M

High today

$289.25

High today$289.25

Low today

$262.75

Low today$262.75

Open price

$283.83

Open price$283.83

Volume

5.17M

Volume5.17M

52 Week high

$376.45

52 Week high$376.45

52 Week low

$221.56

52 Week low$221.56

Stock Snapshot

Cadence Design Systems(CDNS) stock is priced at $268.50, giving the company a market capitalization of 73.06B. It carries a P/E multiple of 74.62.

On 2026-02-03, Cadence Design Systems(CDNS) stock moved within a range of $262.75 to $289.25. With shares now at $268.50, the stock is trading +2.2% above its intraday low and -7.2% below the session's peak.

Trading activity shows a volume of 5.17M, compared to an average daily volume of 2.3M.

The stock's 52-week range extends from a low of $221.56 to a high of $376.45.

CDNS News

Nasdaq 5d

March 13th Options Now Available For Cadence Design Systems

Investors in Cadence Design Systems Inc (Symbol: CDNS) saw new options begin trading today, for the March 13th expiration. At Stock Options Channel , our YieldB...

Simply Wall St 6d

Lightmatter AI Photonics Pact Might Change The Case For Investing In Cadence Design Systems

In January 2026, Lightmatter announced a technical collaboration with Cadence Design Systems to co-develop co-packaged optics solutions that integrate Cadence’s...

Simply Wall St 7d

Cadence Lightmatter Alliance Highlights AI Optics Opportunity And Valuation Tension

Cadence Design Systems (NasdaqGS:CDNS) has entered a technical collaboration with Lightmatter to develop co-packaged optics for next generation AI and high perf...

Analyst ratings

81%

of 27 ratings

Buy

81.5%

Hold

18.5%

Sell

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