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Cadence Design

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Valuation

Monday

Cadence Design put volume heavy and directionally bearish

CDNS

Jun 22, 10:55 AM

Over a week ago

Cadence Design price target raised to $432 from $395 at Stifel

Jun 9, 7:20 AM

Cadence Design partners with Intel foundry to accelerate Intel 14a optimization

CDNS

Jun 8, 4:17 PM

Cadence Design announces fully autonomous virtual agentic AI design engineer

Jun 1, 5:58 AM

Cadence Design price target raised by $40 at Berenberg, here's why

CDNS

May 27, 4:22 AM

Cadence Design price target raised by $25 at Wells Fargo, here's why

CDNS

May 26, 6:36 AM

Aeva adopts Cadence Tensilica Vision DSP

May 11, 9:02 AM

Cadence Design price target raised by $15 at Citi

CDNS

Apr 29, 6:40 AM

Cadence Design price target raised by $20 at Berenberg, here's why

CDNS

Apr 29, 4:31 AM

Cadence Design price target raised by $25 at BofA, here's why

CDNS

Apr 28, 9:21 AM

Cadence Design price target raised by $15 at Rosenblatt, here's why

CDNS

Apr 28, 7:09 AM

Cadence Design price target raised by $6 at Piper Sandler, here's why

CDNS

Apr 28, 7:09 AM

Cadence Design price target raised by $4 at Baird, here's why

CDNS

Apr 28, 6:56 AM

Cadence Design price target raised by $20 at KeyBanc, here's why

CDNS

Apr 28, 6:29 AM

Closing Bell Movers: Sanmina jumps over 10% on earnings beat

+16

Apr 27, 7:33 PM

Cadence Design cuts FY26 EPS view to $7.85-$7.95 from $8.05-$8.15

CDNS

Apr 27, 4:05 PM

Cadence Design reports Q1 adjusted EPS $1.96, consensus $1.89

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Apr 27, 4:02 PM

Notable companies reporting after market close

Apr 27, 2:23 PM

Cadence Design options imply 7.5% move in share price post-earnings

CDNS

Apr 27, 1:34 PM

Cadence Design teams with TSMC to accelerate design of AI silicon

Apr 22, 3:04 PM

Unusually active option classes on open April 20th

Apr 20, 9:40 AM

AI Daily: Broadcom, Meta expand partnership for MTIA chips

Apr 15, 2:05 PM

Cadence announces expanded partnership with Nvidia

Apr 15, 1:33 PM

Cadence Design, Google collaborate to scale AI-driven chip design

Apr 15, 1:32 PM

Closing Bell Movers: Bloom Energy spikes on expanded Oracle deal

+10

Apr 13, 6:36 PM

Dominant Market Position and Established Customer Base: Cadence holds one of the top two positions in the Electronic Design Automation (EDA) market, benefiting from a vast installed base and deep, long-standing relationships with leading global semiconductor companies.

High Customer Switching Costs: Once adopted, switching from Cadence's integrated EDA toolchains incurs substantial financial and operational risks for customers, including retraining staff, revalidating design flows, and potential project delays, creating a strong deterrent to change.

Broad and Deep Product Portfolio: The company provides an extensive, interconnected suite of tools that spans the entire chip design spectrum, from system-level design and verification to physical implementation, advanced packaging solutions, and final signoff.

Intense Competition in EDA Market: The Electronic Design Automation (EDA) industry is highly competitive and dominated by a few major players, requiring Cadence to continuously innovate and differentiate its offerings to maintain or grow market share.

Rapid Technological Evolution: The semiconductor industry undergoes continuous rapid technological changes, including new process nodes, AI integration, and advanced packaging, necessitating constant significant R&D investment to keep Cadence's products relevant and competitive.

Economic Downturns Affecting Customer Spending: Demand for Cadence's software and services is closely tied to the capital expenditure and R&D budgets of semiconductor and electronics companies, making it vulnerable to industry downturns or broader economic slowdowns that reduce customer spending.