CDNS Overview — StockExplainer

+1284%

+30.1% per year

Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.

Country US

Exchange NASDAQ

Industry Software - Application

Sector Technology

Market Cap $84.51B

CEO Dr. Anirudh Devgan Ph.D.

Cadence Design Systems, Inc. is a company that creates software and tools to help other businesses design and test computer chips. They provide services that make sure these chips work correctly before they are made. Their products help companies in various industries, like telecommunications and automotive, to build better technology, from smartphones to cars. Founded in 1987 and based in San Jose, California, Cadence makes it easier for engineers to design complex electronic systems.

Streams of revenue

Product and maintenance: 91%

Technology Service: 10%

Geographic Distribution

Americas: 28%

UNITED STATES: 27%

Asia: 17%

Other Asia: 10%

EMEA: 8%

CHINA: 7%

JAPAN: 3%

Other America: 1%

Core Products

⚡

Spectre Circuit simulation

🚀

Xcelium Logic simulation

🎨

Virtuoso Custom IC design

🔍

Palladium Verification platform

🔒

JasperGold Formal verification

Business Type

Business to Business

Competitive Advantages

🚀

Focus on Emerging Technologies Cadence's investment in cutting-edge technologies such as AI and machine learning positions it well to meet the evolving needs of the semiconductor industry, maintaining its competitive edge.

🖥️

Comprehensive Software Ecosystem The integration of multiple design and verification platforms such as JasperGold and Palladium creates a seamless workflow, enhancing productivity and reducing time-to-market for customers.

🌟

Industry Expertise and Reputation With decades of experience and a strong presence in diverse markets, Cadence has built a trusted reputation, attracting high-profile clients in sectors like aerospace, automotive, and 5G communications.

🤝

Robust Customer Support and Services Cadence offers extensive technical support, services, and education, ensuring customer satisfaction and fostering long-term relationships, which enhances customer loyalty.

🔑

Strong Intellectual Property Portfolio Cadence's extensive portfolio of pre-verified and customizable IP blocks provides a significant advantage, allowing customers to integrate proven designs into their products efficiently.

Key Business Risks

⚔️

Market Competition Intense competition from other software and hardware providers may lead to market share erosion.

📜

Regulatory Compliance Changes in regulations, especially in sectors like aerospace and defense, may impact operational practices and costs.

🕰️

Technology Obsolescence Rapid technological advancements could render current products obsolete, necessitating continuous innovation.

🚧

Supply Chain Disruptions Global supply chain issues could affect the availability of key components required for software and hardware development.

🔒

Intellectual Property Risks Potential infringement or theft of proprietary technology could harm competitive advantage and revenue.

Meeting Expectations

10 /10

Higher values indicate better execution and credibility

Business Overview

Performance Analysis

Stock Price

Performance Analysis

Stock Price