Added to YB: 2026-04-20
Pitch date: 2026-04-16
CDNS [neutral]
Cadence Design Systems, Inc.
-1.68%
current return
Author Info
No bio for this author
Company Info
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.
Market Cap
$85.9B
Pitch Price
$316.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
43.15
P/E
76.61
EV/Sales
16.12
Sector
Software
Category
growth
Analyst Q&A with Cadence CEO Anirudh Devgan
CDNS (update): Launching AgentStack orchestration layer w/ head agent + 5 super agents to automate chip design workflows (analog & digital). Claims deeper tool integration vs customers/LLM providers building own agents. Pricing shift: traditional per-seat licenses + new consumption model + per-agent fees (work equivalent to 1 human). 70-80 biggest customers want Cadence to build it vs DIY. Early adoption but momentum up last 6mo. Expanding into physical AI/robotics via digital twins (Atoms acquisition), targeting $250B+ robotics mkt. SDA rev >$1B & growing but EDA remains 80% focus. More system cos to design silicon w/ agentic automation.
Read full article (10 min)