Overview
Cadence Design Systems, Inc., headquartered in the United States, is an eminent player in the electronic design automation (EDA) industry. The company primarily develops software, hardware, and semiconductor IP that are used to design circuits, systems, and chips, facilitating the creation of advanced semiconductor devices. Cadence's software tools and methodologies support a range of tasks including verification, design, and digital signal processing. Key projects typically involve collaborations with semiconductor firms and integrations of AI and machine learning technologies to improve design efficiency and performance. This strategic focus grants a competitive edge in speeding up the time-to-market for new electronic products across diverse industries such as automotive, consumer electronics, and aerospace.
Basic Stats
The share price of Cadence Design Systems, Inc. - Depositary Receipt (Common Stock) as of September 5, 2025 is R$953.74 / share. This is an increase of 0.96% from the prior week. The market cap (or net worth) of Cadence Design Systems, Inc. - Depositary Receipt (Common Stock) as of September 5, 2025 is R$258,743.94 MM.
The Factor Analysis chart (below right) shows a view of Cadence Design Systems, Inc. - Depositary Receipt (Common Stock) from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 258,743.94 MM |
| EV | |
| Shares Out. | 271.29 MM |
| Earnings Date | |
| EPS (TTM) | 3.73 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 36.08 % |
| Volatility (1 yr) | 0.38 |
| Beta | 1.14 |
| Sharpe Ratio (1 yr) | 0.84 |
| Sortino Ratio (1 yr) | 1.46 |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.14 |
| ROE | 0.24 |
| ROIC | 0.14 |
| CROIC | 0.24 |
| OCROIC | 0.23 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 79.95 /100 |
| Profitability | 90.69 /100 |
| Quality Score | 84.07 /100 |
| Value Score | |
| Momentum Score | 62.07 /100 |
| Stability (Low Vol) Score | 58.14 /100 |
| Analyst Sentiment | 25.81 /100 |
| Fund Sentiment | |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE | 6.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Cadence Design Systems, Inc. - Depositary Receipt (Common Stock) is R$1,020.03. The forecasts range from a low of R$553.83 to a high of R$1,180.33. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Cadence Design Systems, Inc. - Depositary Receipt (Common Stock). An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2021-06-25 | Rosenblatt | Buy | Initiate | |
| 2024-07-10 | Piper Sandler | Neutral | Neutral | Maintains |
| 2024-07-02 | Baird | Outperform | Outperform | Maintains |
| 2024-06-27 | Keybanc | Overweight | Overweight | Maintains |
| 2024-05-30 | B of A Securities | Buy | Buy | Maintains |
| 2024-05-17 | Needham | Buy | Buy | Reiterate |
| 2024-04-23 | Needham | Buy | Buy | Reiterate |
| 2024-04-23 | Piper Sandler | Neutral | Neutral | Maintains |
| 2024-04-22 | Rosenblatt | Neutral | Neutral | Maintains |
| 2024-04-19 | Baird | Outperform | Outperform | Maintains |
| 2024-04-19 | Needham | Buy | Buy | Reiterate |
| 2024-04-18 | Baird | Outperform | Outperform | Maintains |
| 2024-04-16 | Wells Fargo | Overweight | Overweight | Maintains |
| 2024-04-15 | Keybanc | Overweight | Overweight | Maintains |
| 2024-04-04 | Piper Sandler | Neutral | Initiate | |
| 2024-03-06 | Needham | Buy | Buy | Reiterate |
| 2024-02-14 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2024-02-13 | Baird | Outperform | Outperform | Maintains |
| 2024-02-13 | Stifel | Buy | Buy | Maintains |
| 2024-02-13 | Rosenblatt | Buy | Neutral | Downgrade |
| 2024-02-13 | Needham | Buy | Buy | Maintains |
| 2024-02-13 | Keybanc | Overweight | Overweight | Maintains |
| 2024-02-06 | Wells Fargo | Overweight | Overweight | Maintains |
| 2024-02-05 | Keybanc | Overweight | Overweight | Maintains |
| 2023-11-10 | Morgan Stanley | Equal-Weight | Initiate | |
| 2023-10-24 | Needham | Buy | Buy | Reiterate |
| 2023-10-24 | Rosenblatt | Buy | Buy | Reiterate |
| 2023-10-19 | Rosenblatt | Buy | Buy | Maintains |
| 2023-09-21 | Rosenblatt | Buy | Buy | Reiterate |
| 2023-09-14 | Keybanc | Overweight | Overweight | Maintains |
| 2023-08-25 | Rosenblatt | Buy | Buy | Reiterate |
| 2023-07-25 | B of A Securities | Buy | Buy | Maintains |
| 2023-07-25 | Needham | Buy | Buy | Reiterate |
| 2023-07-25 | Rosenblatt | Buy | Buy | Reiterate |
| 2023-07-25 | Keybanc | Overweight | Overweight | Maintains |
| 2023-07-21 | Rosenblatt | Buy | Buy | Maintains |
| 2023-07-20 | Stifel | Hold | Buy | Upgrade |
| 2023-07-18 | Wells Fargo | Overweight | Overweight | Maintains |
| 2023-07-13 | Keybanc | Overweight | Overweight | Maintains |
| 2023-06-05 | Wells Fargo | Overweight | Overweight | Maintains |
| 2023-04-26 | Deutsche Bank | Buy | Maintains | |
| 2023-04-25 | Baird | Outperform | Maintains | |
| 2023-04-25 | B of A Securities | Buy | Maintains | |
| 2023-04-25 | Keybanc | Overweight | Maintains | |
| 2023-04-11 | Wells Fargo | Overweight | Maintains | |
| 2023-02-15 | Deutsche Bank | Buy | Maintains | |
| 2023-02-14 | Wells Fargo | Overweight | Maintains | |
| 2023-02-14 | Rosenblatt | Buy | Maintains | |
| 2023-02-14 | Baird | Outperform | Maintains | |
| 2023-02-14 | Needham | Buy | Maintains | |
| 2023-02-14 | B of A Securities | Buy | Maintains | |
| 2023-02-14 | Keybanc | Overweight | Maintains | |
| 2023-01-17 | Atlantic Equities | Neutral | Overweight | Upgrade |
| 2022-12-16 | B of A Securities | Neutral | Buy | Upgrade |
| 2022-10-24 | Rosenblatt | Buy | Maintains | |
| 2022-09-29 | Deutsche Bank | Buy | Initiate | |
| 2022-09-08 | Stifel | Hold | Initiate | |
| 2022-08-17 | Wolfe Research | Outperform | Initiate | |
| 2022-07-26 | Needham | Buy | Maintains | |
| 2022-07-26 | Rosenblatt | Buy | Maintains | |
| 2022-06-29 | B of A Securities | Underperform | Neutral | Upgrade |
| 2022-04-26 | UBS | Neutral | Maintains | |
| 2022-04-26 | Keybanc | Overweight | Maintains | |
| 2022-04-26 | Needham | Buy | Maintains | |
| 2022-02-23 | Berenberg | Hold | Buy | Upgrade |
| 2022-02-23 | JP Morgan | Neutral | Maintains | |
| 2022-02-23 | Rosenblatt | Buy | Maintains | |
| 2022-01-10 | Keybanc | Overweight | Maintains | |
| 2021-12-21 | Wells Fargo | Overweight | Maintains | |
| 2021-12-14 | JP Morgan | Overweight | Neutral | Downgrade |
| 2021-10-26 | Wells Fargo | Overweight | Maintains | |
| 2021-10-26 | Credit Suisse | Neutral | Maintains | |
| 2021-10-26 | Needham | Buy | Maintains | |
| 2021-10-26 | Keybanc | Overweight | Maintains | |
| 2021-10-21 | Wells Fargo | Overweight | Maintains | |
| 2021-10-20 | Needham | Buy | Initiate | |
| 2021-07-27 | Keybanc | Overweight | Maintains | |
| 2021-04-20 | Wells Fargo | Overweight | Maintains | |
| 2021-02-23 | RBC Capital | Outperform | Maintains | |
| 2021-02-23 | Credit Suisse | Neutral | Maintains | |
| 2021-02-23 | Needham | Buy | Maintains | |
| 2021-02-22 | Credit Suisse | Neutral | Maintains | |
| 2021-02-16 | KeyBanc | Overweight | Maintains | |
| 2021-02-10 | Wells Fargo | Overweight | Maintains | |
| 2021-01-05 | KeyBanc | Sector Weight | Overweight | Upgrade |
| 2020-12-09 | JP Morgan | Neutral | Overweight | Upgrade |
| 2020-10-20 | Needham | Buy | Maintains | |
| 2020-10-14 | UBS | Neutral | Maintains | |
| 2020-07-21 | B of A Securities | Buy | Maintains | |
| 2020-07-21 | Baird | Outperform | Maintains | |
| 2020-07-21 | Needham | Buy | Maintains | |
| 2020-07-21 | RBC Capital | Outperform | Maintains | |
| 2020-05-27 | UBS | Neutral | Initiate | |
| 2020-04-24 | CFRA | Buy | Maintains | |
| 2020-04-22 | Bank of America | Neutral | Buy | Upgrade |
| 2020-04-21 | Baird | Outperform | Maintains | |
| 2020-04-21 | Wells Fargo | Overweight | Maintains | |
| 2020-02-19 | Baird | Outperform | Initiate | |
| 2020-02-13 | Credit Suisse | Neutral | Maintains | |
| 2020-02-13 | B of A Securities | Neutral | Maintains | |
| 2020-02-13 | Needham | Buy | Maintains | |
| 2020-02-06 | Wells Fargo | Overweight | Maintains | |
| 2019-10-22 | Credit Suisse | Neutral | Reiterate | |
| 2019-09-23 | Bank of America | Neutral | Initiate | |
| 2019-07-23 | Credit Suisse | Neutral | Maintains | |
| 2019-05-15 | Wells Fargo | Market Perform | Initiate | |
| 2018-11-20 | Berenberg | Hold | Initiate | |
| 2018-10-23 | Benchmark | Hold | Buy | Upgrade |
| 2018-10-23 | JP Morgan | Underweight | Neutral | Upgrade |
| 2018-07-24 | Credit Suisse | Neutral | Neutral | Maintains |
| 2018-04-24 | Needham | Hold | Buy | Upgrade |
| 2018-04-24 | JP Morgan | Underweight | Underweight | Maintains |
| 2018-04-05 | DA Davidson | Neutral | Buy | Upgrade |
| 2017-07-25 | Bank of America | Buy | Maintains | |
| 2016-12-12 | JP Morgan | Neutral | Underweight | Downgrade |
| 2016-10-19 | Credit Suisse | Neutral | Initiate | |
| 2016-10-10 | DA Davidson | Neutral | Buy | Upgrade |
| 2016-06-14 | Needham | Buy | Hold | Downgrade |
| 2016-06-06 | RBC Capital | Outperform | Initiate | |
| 2016-04-06 | DA Davidson | Buy | Neutral | Downgrade |
| 2015-10-08 | Benchmark | Hold | Initiate | |
| 2015-07-28 | JP Morgan | Neutral | Maintains | |
| 2015-04-28 | JP Morgan | Neutral | Maintains | |
| 2015-04-13 | DA Davidson | Buy | Neutral | Downgrade |
| 2015-04-10 | DA Davidson | Buy | Neutral | Downgrade |
| 2015-02-05 | Pacific Crest | Outperform | Sector Perform | Downgrade |
| 2014-10-21 | DA Davidson | Buy | Maintains | |
| 2014-07-22 | JP Morgan | Overweight | Neutral | Downgrade |
| 2014-05-20 | Summit Research Partners | Hold | Buy | Upgrade |
| 2014-04-16 | DA Davidson | Buy | Maintains | |
| 2014-01-30 | DA Davidson | Buy | Maintains | |
| 2014-01-03 | Needham | Hold | Buy | Upgrade |
| 2013-11-26 | Pacific Crest | Sector Perform | Outperform | Upgrade |
| 2013-09-12 | DA Davidson | Neutral | Buy | Upgrade |
| 2013-07-30 | Pacific Crest | Sector Perform | Initiate | |
| 2013-06-06 | Topeka | Buy | Initiate | |
| 2013-05-13 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2013-03-12 | DA Davidson | Buy | Neutral | Downgrade |
| 2013-01-31 | DA Davidson | Buy | Maintains | |
| 2012-04-26 | DA Davidson | Buy | Maintains | |
| 2012-04-26 | JP Morgan | Overweight | Maintains | |
| 2012-04-16 | PiperJaffray | Overweight | Initiate | |
| 2025-05-13 | Needham | Buy | Buy | Reiterate |
| 2024-09-25 | Oppenheimer | Underperform | Initiate | |
| 2025-05-16 | Wells Fargo | Overweight | Overweight | Maintains |
| 2024-08-06 | Rosenblatt | Neutral | Neutral | Maintains |
| 2024-08-06 | Piper Sandler | Neutral | Overweight | Upgrade |
| 2024-11-11 | Loop Capital | Buy | Initiate | |
| 2024-12-13 | Mizuho | Outperform | Outperform | Maintains |
| 2024-10-29 | Rosenblatt | Neutral | Neutral | Maintains |
| 2024-10-29 | Baird | Outperform | Outperform | Maintains |
| 2024-10-29 | Needham | Buy | Buy | Maintains |
| 2024-10-22 | Mizuho | Outperform | Initiate | |
| 2025-02-20 | Baird | Outperform | Outperform | Maintains |
| 2025-02-19 | Loop Capital | Buy | Buy | Maintains |
| 2024-10-07 | Rosenblatt | Neutral | Neutral | Maintains |
| 2025-04-15 | Mizuho | Outperform | Outperform | Maintains |
| 2024-07-23 | Baird | Outperform | Outperform | Maintains |
| 2024-07-23 | Needham | Buy | Buy | Reiterate |
| 2024-11-22 | Wells Fargo | Overweight | Initiate | |
| 2025-04-24 | JP Morgan | Neutral | Overweight | Upgrade |
| 2025-03-19 | Oppenheimer | Underperform | Underperform | Maintains |
| 2024-10-15 | Berenberg | Buy | Initiate | |
| 2025-05-15 | Keybanc | Overweight | Overweight | Maintains |
| 2025-04-29 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-04-29 | B of A Securities | Buy | Buy | Maintains |
| 2025-02-19 | Needham | Buy | Buy | Reiterate |
| 2025-02-19 | Rosenblatt | Neutral | Neutral | Maintains |
| 2025-02-19 | B of A Securities | Buy | Buy | Maintains |
| 2025-02-19 | Piper Sandler | Overweight | Overweight | Maintains |
| 2025-01-13 | Redburn Atlantic | Buy | Initiate | |
| 2025-07-29 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-07-29 | Loop Capital | Buy | Buy | Maintains |
| 2025-07-29 | Wells Fargo | Overweight | Overweight | Maintains |
| 2025-07-29 | Stifel | Buy | Buy | Maintains |
| 2025-07-29 | Keybanc | Overweight | Overweight | Maintains |
| 2025-04-29 | Mizuho | Outperform | Outperform | Maintains |
| 2025-04-29 | Baird | Outperform | Outperform | Maintains |
| 2025-04-29 | Needham | Buy | Buy | Reiterate |
| 2025-04-29 | Rosenblatt | Neutral | Neutral | Maintains |
| 2025-07-25 | Rosenblatt | Neutral | Neutral | Maintains |
| 2025-07-10 | Keybanc | Overweight | Overweight | Maintains |
| 2025-07-10 | Goldman Sachs | Buy | Initiate | |
| 2025-07-14 | Loop Capital | Buy | Buy | Maintains |
| 2025-07-29 | Rosenblatt | Neutral | Neutral | Maintains |
| 2025-07-29 | Mizuho | Outperform | Outperform | Maintains |
| 2025-07-29 | Piper Sandler | Overweight | Neutral | Downgrade |
| 2025-07-29 | Needham | Buy | Buy | Maintains |
| 2025-07-28 | Baird | Outperform | Outperform | Maintains |
| 2025-07-22 | Mizuho | Outperform | Outperform | Maintains |
