Cadence Design Systems Inc
Research Cadence Design Systems Inc (CDNS) on Bullrun: valuation model: 28.6% overvalued, market cap USD 95.95B, P/E 69.3. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCDNS
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySoftware-Application
- CurrencyUSD
- Valuation signal28.6% overvalued
- Market capUSD 95.95B
- P/E69.3
- Financial periodQ2 2026
- RevenueUSD 1.58B
- Net incomeUSD 367.08M
- Free cash flowUSD 575.33M
- Gross margin84.9%
Valuation Snapshot
Bullrun's latest valuation model marks Cadence Design Systems Inc as 28.6% overvalued; latest market cap is USD 95.95B; P/E is 69.3.
Peer valuation comparison
Latest P/E is 69.32x versus a Technology sector median of 28.7x (141.5% above).
Latest P/E is 69.32x versus a United States median of 23.75x (191.9% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 5.30B | USD 1.11B | USD 1.59B | 86.4% | 4.06 | USD 3.00B | USD 2.62B | USD 5.47B |
| FY2024 | USD 4.64B | USD 1.06B | USD 1.12B | 86.0% | 3.85 | USD 2.64B | USD 2.59B | USD 4.67B |
| FY2023 | USD 4.09B | USD 1.04B | USD 1.25B | 89.4% | 3.82 | USD 1.01B | USD 764.41M | USD 3.40B |
| FY2022 | USD 3.56B | USD 848.95M | USD 1.12B | 89.6% | 3.09 | USD 882.33M | USD 887.42M | USD 2.75B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 95.95B | 69.3 | n/a | n/a |
| 2025 | 2025-12-31 | USD 84.96B | 77.0 | n/a | n/a |
| 2024 | 2024-12-31 | USD 82.28B | 78.0 | n/a | n/a |
| 2023 | 2023-12-29 | USD 74.10B | 77.6 | n/a | n/a |
| 2022 | 2022-12-30 | USD 44.07B | 56.6 | n/a | n/a |
| 2021 | 2021-12-31 | USD 51.65B | 74.5 | n/a | n/a |
About Cadence Design Systems Inc
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform;
ETFs that hold Cadence Design Systems Inc
Cadence Design Systems Inc is one of the ten largest holdings of 6 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| Ossiam Global Perspectives UCITS ETF 1D (EUR) Dis | 8.62% | 0.30% |
| Amundi S&P 500 Equal Weight ESG UCITS ETF Acc | 0.38% | 0.18% |
| Amundi S&P 500 Equal Weight ESG UCITS ETF EUR Hedged Acc | 0.38% | 0.20% |
| First Trust Bloomberg Global Semiconductor Supply Chain UCITS ETF Class A USD | 4.05% | 0.60% |
| Investlinx Balanced Income UCITS ETF | 3.53% | 0.85% |
| Investlinx Capital Appreciation UCITS ETF | 5.85% | 0.85% |
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Frequently asked questions
Is Cadence Design Systems Inc overvalued or undervalued?
Bullrun's valuation model currently marks Cadence Design Systems Inc as 28.6% overvalued.
What is Cadence Design Systems Inc's market cap?
Cadence Design Systems Inc's market capitalization is USD 95.95B.
What is Cadence Design Systems Inc's P/E ratio?
Cadence Design Systems Inc's price-to-earnings (P/E) ratio is 69.3.
What does Cadence Design Systems Inc do?
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.