Added to YB: 2026-01-29
Pitch date: 2026-01-27
CDNS [neutral]
Cadence Design Systems, Inc.
+16.84%
current return
Author Info
Drew Cohen is a Portfolio Manager at Davidson Kahn Capital Management. Sign up for the newsletter.
Company Info
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.
Market Cap
N/A
Pitch Price
$321.62
Price Target
N/A
Dividend
N/A
EV/EBITDA
55.52
P/E
N/A
EV/Sales
20.94
Sector
Software
Category
growth
Cadence Design Systems (Stock Breakdown)
CDNS (overview): EDA software leader enabling modern chip design w/ integrated toolset from synthesis to system validation. Strong moats in analog/mixed-signal & packaging. Risks from Synopsys/Ansys photonics competition. At 60x NTM P/E, needs 15% growth + margin expansion to justify $315 price.
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