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
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Cadence Design Systems Inc
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Cadence Design Systems Inc
NASDAQ:CDNS
Pre-Tax Income
$1.3B
CAGR 3-Years
20%
CAGR 5-Years
22%
CAGR 10-Years
25%
Salesforce Inc
NYSE:CRM
Pre-Tax Income
$7.1B
CAGR 3-Years
49%
CAGR 5-Years
50%
CAGR 10-Years
N/A
Palantir Technologies Inc
NYSE:PLTR
Pre-Tax Income
$237.1m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Pre-Tax Income
$380.6m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Pre-Tax Income
$3.5B
CAGR 3-Years
11%
CAGR 5-Years
13%
CAGR 10-Years
11%
Adobe Inc
NASDAQ:ADBE
Pre-Tax Income
$6.9B
CAGR 3-Years
7%
CAGR 5-Years
17%
CAGR 10-Years
34%
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 Pre-Tax Income?
Pre-Tax Income
1.3B USD

Based on the financial report for Sep 30, 2024, Cadence Design Systems Inc's Pre-Tax Income amounts to 1.3B USD.

What is Cadence Design Systems Inc's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
25%

Over the last year, the Pre-Tax Income growth was 17%. The average annual Pre-Tax Income growth rates for Cadence Design Systems Inc have been 20% over the past three years , 22% over the past five years , and 25% over the past ten years .

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