Cadence Design Systems, Inc (NASDAQ: CDNS) has a price-to-earnings ratio of 74.14x that is above its average ratio. Additionally, the 36-month beta value for CDNS is 1.04. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 6 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for CDNS is 273.14M and currently, short sellers hold a 1.78% ratio of that float. The average trading volume of CDNS on April 29, 2025 was 2.34M shares.
CDNS) stock’s latest price update
Cadence Design Systems, Inc (NASDAQ: CDNS)’s stock price has dropped by -1.34 in relation to previous closing price of 289.63. Nevertheless, the company has seen a gain of 13.59% in its stock price over the last five trading days. seekingalpha.com reported 2025-04-28 that Cadence Design Systems, Inc. (NASDAQ:CDNS ) Q1 2025 Earnings Conference Call April 28, 2025 5:00 PM ET Company Participants Richard Gu – VP of IR Anirudh Devgan – President and CEO John Wall – SVP and CFO Conference Call Participants Harlan Sur – JPMorgan Lee Simpson – Morgan Stanley Gary Mobley – Loop Capital Vivek Arya – Bank of America Securities Gianmarco Conti – Deutsche Bank Jay Vleeschhouwer – Griffin Securities Jason Celino – KeyBanc Capital Markets Joe Quatrochi – Wells Fargo Joe Vruwink – Baird Joshua Tilton – Wolfe Research Siti Panigrahi – Mizuho Nay Soe Naing – Berenberg Ruben Roy – Stifel Blair Abernethy – Rosenblatt Securities Operator Good afternoon. My name is Tina and I will be your conference operator today.
CDNS’s Market Performance
CDNS’s stock has risen by 13.59% in the past week, with a monthly rise of 8.84% and a quarterly drop of -1.42%. The volatility ratio for the week is 3.60% while the volatility levels for the last 30 days are 4.74% for Cadence Design Systems, Inc The simple moving average for the last 20 days is 10.32% for CDNS’s stock, with a simple moving average of 2.61% for the last 200 days.
Analysts’ Opinion of CDNS
Many brokerage firms have already submitted their reports for CDNS stocks, with JP Morgan repeating the rating for CDNS by listing it as a “Overweight.” The predicted price for CDNS in the upcoming period, according to JP Morgan is $325 based on the research report published on April 24, 2025 of the current year 2025.
Redburn Atlantic, on the other hand, stated in their research note that they expect to see CDNS reach a price target of $350. The rating they have provided for CDNS stocks is “Buy” according to the report published on January 13th, 2025.
Wells Fargo gave a rating of “Overweight” to CDNS, setting the target price at $350 in the report published on November 22nd of the previous year.
CDNS Trading at 11.17% from the 50-Day Moving Average
After a stumble in the market that brought CDNS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.15% of loss for the given period.
Volatility was left at 4.74%, however, over the last 30 days, the volatility rate increased by 3.60%, as shares surge +11.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.52% lower at present.
During the last 5 trading sessions, CDNS rose by +13.59%, which changed the moving average for the period of 200-days by -10.65% in comparison to the 20-day moving average, which settled at $259.00. In addition, Cadence Design Systems, Inc saw -4.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CDNS starting from Brennan Ita M, who sale 180 shares at the price of $275.00 back on Apr 24 ’25. After this action, Brennan Ita M now owns 7,411 shares of Cadence Design Systems, Inc, valued at $49,500 using the latest closing price.
Ita Brennan, the Board Member of Cadence Design Systems, Inc, proposed sale 360 shares at $271.00 during a trade that took place back on Apr 24 ’25, which means that Ita Brennan is holding shares at $97,560 based on the most recent closing price.
Stock Fundamentals for CDNS
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.94 for the gross margin
The net margin for Cadence Design Systems, Inc stands at 0.22. The total capital return value is set at 0.19. Equity return is now at value 26.13, with 14.42 for asset returns.
Based on Cadence Design Systems, Inc (CDNS), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.6. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 38.38.
Currently, EBITDA for the company is 1.67 billion with net debt to EBITDA at -0.18. When we switch over and look at the enterprise to sales, we see a ratio of 16.02. The receivables turnover for the company is 8.39for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.93.
Conclusion
In conclusion, Cadence Design Systems, Inc (CDNS) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
