Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 289.71 USD -4.4% Market Closed
Market Cap: 79.5B USD
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Cadence Design Systems Inc
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Cadence Design Systems Inc
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Cadence Design Systems Inc
NASDAQ:CDNS
Cash Equivalents
$2.8B
CAGR 3-Years
40%
CAGR 5-Years
34%
CAGR 10-Years
19%
Salesforce Inc
NYSE:CRM
Cash Equivalents
$7.7B
CAGR 3-Years
7%
CAGR 5-Years
17%
CAGR 10-Years
26%
Palantir Technologies Inc
NYSE:PLTR
Cash Equivalents
$831m
CAGR 3-Years
-26%
CAGR 5-Years
-6%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Cash Equivalents
$502.2m
CAGR 3-Years
17%
CAGR 5-Years
13%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Cash Equivalents
$3.6B
CAGR 3-Years
12%
CAGR 5-Years
11%
CAGR 10-Years
16%
Adobe Inc
NASDAQ:ADBE
Cash Equivalents
$7.1B
CAGR 3-Years
22%
CAGR 5-Years
32%
CAGR 10-Years
23%
No Stocks Found

Cadence Design Systems Inc
Glance View

Market Cap
79.5B USD
Industry
Technology

Cadence Design Systems Inc. stands as a vital player in the electronic design automation (EDA) industry, revolutionizing how complex integrated circuits and systems on chips are developed. Founded in 1988, the company has evolved its offerings to meet the escalating demands of semiconductor and electronics design, providing software solutions that help engineers create innovative products efficiently and accurately. Cadence's portfolio includes tools for digital design, custom chip design, verification, and system-level design, which play a crucial role in industries ranging from consumer electronics to automotive and telecommunications. By consistently investing in research and development, Cadence has maintained a competitive edge, expanding its capabilities in artificial intelligence and machine learning, further enhancing its value proposition to customers. As the global push for digital transformation accelerates, Cadence is well-positioned to benefit from the growing trend of semiconductor miniaturization and the increasing complexity of electronic systems. The company's strong revenue growth, bolstered by a robust subscription model, underscores its resilience in the face of market fluctuations. With strategic acquisitions and partnerships, Cadence is continuously enhancing its technological ecosystem, thereby driving long-term shareholder value. For investors, Cadence represents a compelling opportunity to tap into the expanding market for electronic design solutions, backed by a proven management team and a commitment to innovation that has consistently delivered superior financial performance in an increasingly competitive landscape.

CDNS Intrinsic Value
159.46 USD
Overvaluation 45%
Intrinsic Value
Price

See Also

What is Cadence Design Systems Inc's Cash Equivalents?
Cash Equivalents
2.8B USD

Based on the financial report for Sep 30, 2024, Cadence Design Systems Inc's Cash Equivalents amounts to 2.8B USD.

What is Cadence Design Systems Inc's Cash Equivalents growth rate?
Cash Equivalents CAGR 10Y
19%

Over the last year, the Cash Equivalents growth was 190%. The average annual Cash Equivalents growth rates for Cadence Design Systems Inc have been 40% over the past three years , 34% over the past five years , and 19% over the past ten years .

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