Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc.'s Q·Score is 8.5/10 (Very Bullish), reflecting its current fundamentals, analyst data, and valuation metrics. Earnings growing 125% year-over-year on 24% revenue growth. This is an informational data summary only and does not constitute financial advice. Always do your own research before making any investment decision.

The consensus price target for CDNS is $403.67, based on ratings from 26 Wall Street analysts. This is 18.7% above the current price of $340.02. Price targets are forward-looking estimates and not guarantees of future performance.

Cadence Design Systems, Inc. (CDNS) scores favorably on valuation metrics relative to sector peers and analyst targets. Its forward P/E ratio stands at 35.7×. The consensus analyst price target of $403.67 is 19% above the current price.

Cadence Design Systems, Inc.'s next earnings report is expected on approximately October 26, 2026.

Cadence Design Systems, Inc. has a net profit margin of 23.6%, which is considered high and reflects strong pricing power. Its gross margin stands at 85.9%, indicating a high-margin business model.

Cadence Design Systems, Inc. is reporting strong year-over-year growth of 24.2%. Earnings are also growing at 125.4%, indicating improving profitability.

Cadence Design Systems, Inc. has a debt-to-equity ratio of 0.39×, reflecting a moderate debt level, which is manageable for most profitable companies. Its current ratio is 1.74×, indicating comfortable short-term liquidity.