- ISIN
- US1273871087
- CUSIP
- 127387108
- Sector
- Technology
- Industry
- Software - Application
- IPO Date
- Jun 10, 1987
Highlights
- Market Cap
- $93.78B
- Enterprise Value
- $94.82B
- EPS (TTM)
- $5.03
- PE Ratio
- 67.57
- PEG Ratio
- 5.15
- Total Revenue (TTM)
- $5.84B
- Gross Profit (TTM)
- $5.34B
- EBITDA (TTM)
- $1.94B
- Year Range
- $262.75 - $416.69
- Target Price
- $418.14
- ROA (TTM)
- 11.41%
- ROE (TTM)
- 15.83%
- Avg. Volume (1M)
- 2M
- Avg. Volume Value (1M)
- $815.70M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
CDNS Performance Chart
Cadence Design Systems, Inc. (CDNS) is up 8.8% since the beginning of the year. At $340 per share, CDNS is trading 18.4% below its 52-week high of $417. Investors who bought $1,000 worth of CDNS shares 5 years ago would now be looking at an investment worth $2,303.
Loading charts...
Compare this symbol against anything
Returns By Period
Cadence Design Systems, Inc. (CDNS) has returned 8.78% so far this year and -4.75% over the past 12 months. Looking at the last ten years, CDNS has achieved an annualized return of 30.38%, outperforming the S&P 500 Index benchmark, which averaged 13.26% per year.
Cadence Design Systems, Inc.
- 1D
- 2.16%
- 1M
- -8.88%
- 6M
- 14.73%
- YTD
- 8.78%
- 1Y
- -4.75%
- 3Y*
- 13.32%
- 5Y*
- 18.16%
- 10Y*
- 30.38%
- ALL TIME*
- 10.71%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
CDNS Monthly Returns History
Based on dividend-adjusted daily data since Mar 26, 1990, CDNS's average daily return is +0.08%, while the average monthly return is +1.58%. At this rate, an investment would double in approximately 3.7 years.
Historically, 56% of months were positive and 44% were negative. The best month was Nov 2002 with a return of +42.4%, while the worst month was Apr 1999 at -47.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, CDNS closed higher 50% of trading days. The best single day was Nov 4, 1998 with a return of +26.6%, while the worst single day was Apr 21, 1999 at -39.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.19% | 1.70% | -7.81% | 18.61% | 13.76% | 0.10% | -9.41% | 8.78% | |||||
| 2025 | -0.95% | -15.83% | 1.53% | 17.07% | -3.58% | 7.34% | 18.31% | -3.88% | 0.24% | -3.58% | -7.93% | 0.24% | 4.03% |
| 2024 | 5.91% | 5.52% | 2.27% | -11.45% | 3.87% | 7.49% | -13.03% | 0.47% | 0.78% | 1.88% | 11.11% | -2.07% | 10.31% |
| 2023 | 13.81% | 5.53% | 8.89% | -0.30% | 10.25% | 1.56% | -0.22% | 2.75% | -2.55% | 2.37% | 13.93% | -0.33% | 69.55% |
| 2022 | -18.36% | -0.47% | 8.60% | -8.28% | 1.91% | -2.41% | 24.03% | -6.62% | -5.95% | -7.37% | 13.64% | -6.63% | -13.80% |
| 2021 | -4.43% | 8.21% | -2.91% | -3.81% | -3.63% | 7.74% | 7.92% | 10.72% | -7.36% | 14.31% | 2.51% | 5.01% | 36.59% |
Benchmark Metrics
Cadence Design Systems, Inc. has an annualized alpha of 8.82%, beta of 1.25, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since March 26, 1990.
- This stock captured 151.69% of S&P 500 Index gains and 136.22% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.24 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 8.82%
- Beta
- 1.25
- R²
- 0.24
- Upside Capture
- 151.69%
- Downside Capture
- 136.22%
Return for Risk
Risk / Return Rank
CDNS ranks 35 for risk / return — above 35% of stocks peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CDNS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.25 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 2.00 | -2.24 |
| Martin ratioReturn relative to average drawdown | -0.47 | 8.49 | -8.96 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Cadence Design Systems, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Cadence Design Systems, Inc. was 93.13%, occurring on Dec 15, 2008. Recovery took 2192 trading sessions.
The current Cadence Design Systems, Inc. drawdown is 18.34%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-93.13%Dec 2008 | 10y 8mo | 8y 8mo | 19y 4moApr 1998 - Aug 2017 | Financial crisis2007–2009 |
-75.38%Apr 1993 | 2y 1mo | 2y 2mo | 4y 3moMar 1991 - Jun 1995 | — |
-59.47%Jul 1996 | 1mo 20d | 1y 2mo | 1y 4moJun 1996 - Oct 1997 | — |
-51.10%Oct 1990 | 4mo 20d | 3mo 28d | 8mo 18dMay 1990 - Feb 1991 | — |
-32.12%Mar 2020 | 27d | 1mo 7d | 2mo 4dFeb 2020 - Apr 2020 | COVID crash2020 |
Drawdown Indicators
| CDNS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.13% | -56.78% | -36.35% |
Max Drawdown (1Y)Largest decline over 1 year | -28.85% | -9.10% | -19.75% |
Max Drawdown (3Y)Largest decline over 3 years | -29.05% | -18.90% | -10.15% |
Max Drawdown (5Y)Largest decline over 5 years | -29.59% | -25.43% | -4.16% |
Max Drawdown (10Y)Largest decline over 10 years | -32.12% | -33.92% | +1.80% |
Current DrawdownCurrent decline from peak | -18.34% | -1.58% | -16.76% |
Average DrawdownAverage peak-to-trough decline | -39.52% | -10.70% | -28.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.40% | 2.14% | +12.26% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Financials
Financial Performance
The chart below illustrates the trends in the financial health of Cadence Design Systems, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Cadence Design Systems, Inc. is priced in the market compared to other companies in the Software - Application industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for CDNS, comparing it with other companies in the Software - Application industry. Currently, CDNS has a P/E ratio of 67.6. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for CDNS compared to other companies in the Software - Application industry. CDNS currently has a PEG ratio of 5.2. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for CDNS relative to other companies in the Software - Application industry. Currently, CDNS has a P/S ratio of 16.0. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for CDNS in comparison with other companies in the Software - Application industry. Currently, CDNS has a P/B value of 10.7. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
Build a portfolio with CDNS
Add Cadence Design Systems, Inc. to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with CDNS