Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc.'s Q·Score is 7.7/10 (Bullish), reflecting its current fundamentals, analyst data, and valuation metrics. Clean balance sheet with low leverage (0.5× debt-to-equity). 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 $380.01, based on ratings from 27 Wall Street analysts. This is 11.5% above the current price of $340.94. Price targets are forward-looking estimates and not guarantees of future performance.

Cadence Design Systems, Inc. (CDNS) scores in line with sector averages on valuation metrics. Its forward P/E ratio stands at 36.3×. The consensus analyst price target of $380.01 is 11% above the current price.

Cadence Design Systems, Inc.'s next earnings report is expected on approximately July 27, 2026.

Cadence Design Systems, Inc. has a net profit margin of 21.2%, which is considered high and reflects strong pricing power. Its gross margin stands at 86.1%, indicating a high-margin business model.

Cadence Design Systems, Inc. is reporting solid revenue growth of 18.7% year-over-year. Earnings are also growing at 23.0%, indicating improving profitability.

Cadence Design Systems, Inc. has a debt-to-equity ratio of 0.47×, reflecting a moderate debt level, which is manageable for most profitable companies. Its current ratio is 1.47×, suggesting it should be monitored for near-term liquidity.