NASDAQ:CDNS

Cadence Design Systems (CDNS)

325.64
+2.51 (0.78%)
as of Aug 13, 2026, 2:24:37 pm Market Open.
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Investor Insights
star iconAug 13, 2026, 12:00 am

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

Cadence Design Systems (CDNS-Q) has received positive reviews from multiple experts, highlighting its resilience against the AI disruption that is affecting many tech companies. Analysts noted that the company performed well in the last quarter, exceeding both EPS and revenue expectations while providing optimistic guidance for the future. Despite the run-up in tech stocks, some experts are not concerned about AI potentially replacing their services and consider the current PE ratio of 35x to be favorable for long-term investment. Furthermore, Cadence continues to dominate in providing software for semiconductor design and is capturing more market share. Experts view the stock as undervalued and suggest a promising outlook, with a 12-month price target set at $375, considering the competitive landscape, notably the challenges faced by rivals like Synopsys (SNPS).

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Consensus
Positive
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Valuation
Undervalued
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Similar
Synopsys,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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