Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 301.24 USD -3.25% Market Closed
Market Cap: 82.6B USD
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Cadence Design Systems Inc
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Cadence Design Systems Inc
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Cadence Design Systems Inc
NASDAQ:CDNS
Net Income (Common)
$1B
CAGR 3-Years
14%
CAGR 5-Years
19%
CAGR 10-Years
23%
Salesforce Inc
NYSE:CRM
Net Income (Common)
$5.9B
CAGR 3-Years
51%
CAGR 5-Years
52%
CAGR 10-Years
N/A
Palantir Technologies Inc
NYSE:PLTR
Net Income (Common)
$209.8m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Net Income (Common)
$354.9m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Net Income (Common)
$2.9B
CAGR 3-Years
12%
CAGR 5-Years
13%
CAGR 10-Years
13%
Adobe Inc
NASDAQ:ADBE
Net Income (Common)
$5.6B
CAGR 3-Years
5%
CAGR 5-Years
14%
CAGR 10-Years
35%
No Stocks Found

Cadence Design Systems Inc
Glance View

Market Cap
82.6B USD
Industry
Technology
Economic Moat
Narrow

In the fiercely competitive realm of electronic design automation (EDA), Cadence Design Systems Inc. stands as a titan, orchestrating the seamless symphony of hardware and software development. Founded in 1988 through the merger of SDA Systems and ECAD, Inc., Cadence has steadily built a reputation for providing comprehensive design solutions that enable the creation of complex and innovative semiconductor products. With its headquarters nestled in San Jose, California, the company leverages its extensive suite of tools to aid engineers in the intricate art of designing integrated circuits and systems on chips. These tools streamline design processes and improve productivity, enabling clients to bring cutting-edge consumer electronics, telecommunications equipment, and other technology products to market more swiftly and efficiently. Central to Cadence’s business model is not just software licensing but also its innovative subscription and services approach, which fosters enduring relationships with its clientele. Cadence's revenue streams predominantly flow from software, particularly through selling licenses for its cutting-edge design tools in perpetual, time-based, and subscription formats. In addition, the company provides specialized support and service offerings that enhance its software solutions, further embedding its tools into clients' workflows. By offering thoughtful and personalized support, Cadence ensures its tools evolve in tandem with each customer's needs. This unique combination of technological prowess and adaptable business strategy has allowed Cadence Design Systems to carve a powerful niche in the highly competitive world of electronic systems design.

CDNS Intrinsic Value
160.17 USD
Overvaluation 47%
Intrinsic Value
Price

See Also

What is Cadence Design Systems Inc's Net Income (Common)?
Net Income (Common)
1B USD

Based on the financial report for Sep 30, 2024, Cadence Design Systems Inc's Net Income (Common) amounts to 1B USD.

What is Cadence Design Systems Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
23%

Over the last year, the Net Income (Common) growth was 9%. The average annual Net Income (Common) growth rates for Cadence Design Systems Inc have been 14% over the past three years , 19% over the past five years , and 23% over the past ten years .

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