CDNS Cadence Design Systems, Inc.
Trend channel, buy level and 3-month target. Information only, not financial advice.
Inside the channel · 3-year channel rising
Price is between the lines.
- 3-year channel
- US$275.08 – US$393.98 · rising, +7% a year
- Price in channel
- 44% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$393.98
- Turns bearish below
- US$275.08
What broke this trend
- The fall
- -34% from US$416.492 June 2026 → 15 Sept 2026
- Whose problem it was
- This company2 of 28 Software - Application peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 38%of what it lost
- What the record says
- 80% of 42 comparable falls came back, typically in 81 days measured on its own peer group
Fell -34% (2 June 2026 → 15 Sept 2026); regained 38% so far; company-specific.
Reported at the time: Cadence And Samsung Foundry Expand Multi-Year 2nm AI Chip Partnership With NVIDIA NVLink-C2C IP And GPU-Accelerated Design Flows — 28 May 2026
Price history, with the path projected 3 months forward
Updated 7:51 PM ET (16 h ago)
- Daily close
- Upper trend line (3 years)
- Lower trend line (3 years)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$307.06
level as at 26 Nov 2026
Our target
US$328.64
by 2 Nov 2026
Projected move
7.0%
gross, before costs
Price is between our buy and target.
Target: the next swing high.
This move size: reached in 50% of 12 past stretches, typically in 19 days. (0.37% per day)
- Upper line touches
- 6
- Lower line touches
- 6
- Fit confidence
- 28%
- Fitted
- 1 Nov 2026
Company information
About Cadence Design Systems, Inc.
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Anirudh Devgan
- Employees
- 13,800
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$88.72B
- Enterprise value
- —
- Beta
- 1.13
- Avg volume
- 2.40M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 262.75-416.69
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.