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
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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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
$6.8B
CAGR 3-Years
30%
CAGR 5-Years
47%
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
$3.6B
CAGR 3-Years
12%
CAGR 5-Years
14%
CAGR 10-Years
11%
Adobe Inc
NASDAQ:ADBE
Pre-Tax Income
$6.7B
CAGR 3-Years
7%
CAGR 5-Years
18%
CAGR 10-Years
35%
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 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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