NASDAQ:CDNS

Cadence Design Systems (CDNS)

385.13
-5.77 (1.48%)
as of Jun 10, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 11, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Cadence Design Systems (CDNS-Q) is perceived positively by experts, with commentary indicating that the company is well-positioned against the looming threats of AI disruption compared to other firms. The latest quarterly results show earnings per share (EPS) and revenue that exceeded expectations, and the company has issued favorable guidance. Analysts highlight its leading role in providing software for semiconductor design and suggest that it continues to gain market share, backed by a robust balance sheet. Despite recent price increases in tech stocks, there is optimism about buying Cadence at a price-to-earnings (PE) ratio of 35 times for long-term gains. A consensus price target of $375 reflects an upward trend, albeit with a note of caution regarding competitor Synopsys (SNPS), which has recently gained traction following a significant acquisition.

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Consensus
Positive
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Valuation
Undervalued
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Similar
SNPS
BUY
He bought Cadence last week. It's a defensive play on the semi value chain. They provide chip design software and consulting services aimed at enhancing production efficiency. This area is more insulated to slowing capex. Companies are seeking more efficient, next-generation chips. Yes, Cadence is more expensive than others, but it's highly defensive given high free cash flow.
BUY
They make design tools that make microchips. Earnings are growing at 20%.
BUY
They make design tools that make microchips. Earnings are growing at 20%.
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