Cadence Design Systems, Inc.
CDNS · Nasdaq
- $289.37
- $76.85B
- Open
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- $278.10 - $288.80
- $262.75 - $416.69
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- 2.34M
About Cadence Design Systems, Inc.
Cadence Design Systems sells electronic-design-automation software, computational software, and related services used to design and verify semiconductors and electronic systems. It makes money primarily through software licenses and subscriptions, supported by maintenance, technical support, and professional services. Its customers include semiconductor manufacturers, chip designers, and companies developing complex electronic systems, with AI-related chip demand an important current growth driver. The supplied evidence does not provide a segment contribution breakdown. Cadence generated $5.3 billion of revenue and $1.1 billion of net income in FY2025, compared with $4.6 billion of revenue and $1.1 billion of net income in FY2024.
Notable Price Movement
- Aug 3-7$339.240.23%
The stock fell 1.19% over the period, from $344.72 to $340.62. The dominant move was a $11.96 decline on July 29, when shares closed at $332.76, followed by a flat July 30 and a partial recovery to $340.02 on July 31. Shares then gave back some of that recovery on August 3 before rebounding to $340.62 on August 4. The available company-specific evidence was positive: Cadence topped second-quarter estimates, revenue rose 24.2% on AI demand, backlog reached a record $8.1 billion, and management raised its full-year outlook. The week therefore reflected a sharp early reversal followed by stabilization despite supportive earnings and AI-demand news.
