Cadence Design Systems Inc.
Develops, licenses, and supports software, emulation, prototyping, and verification tools for the design, verification, and manufacturing of electronic components and systems
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying Cadence Design Systems' stock with a target price of $335.45, showing potential growth.
Financial Health
Cadence Design Systems is performing well with strong revenue and cash flow, indicating solid financial health.
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring CDNS
Creative Tech's Next Wave
Design software leader Figma has increased its IPO price range, signaling strong investor confidence in the creative tech space. This successful public offering could create positive momentum for other companies specializing in collaborative and digital creation tools.
Published: July 29, 2025
Explore BasketAI Supply Chain Resilience Amid Executive Profit-Taking
Discover a carefully selected group of stocks powering the AI revolution. Our professional analysts have identified companies across the entire AI supply chain that continue to show strength, even as top executives cash in on their success.
Published: July 21, 2025
Explore BasketEDA Underdogs
This collection features carefully selected companies in the electronic design automation (EDA) and semiconductor IP space. Our professional analysts have identified these stocks as potential beneficiaries of the changing competitive landscape following Synopsys' massive $35 billion acquisition of Ansys.
Published: July 15, 2025
Explore BasketChina's AI Chip Access
This carefully selected group of stocks represents companies poised to benefit from China's renewed access to advanced AI chips. Our professional analysts have identified key players across the semiconductor supply chain that could see significant growth as this massive market reopens.
Published: July 15, 2025
Explore BasketAI's Foundry Foundation
This carefully curated group of stocks represents the essential companies building the hardware backbone of the AI revolution. Selected by professional analysts, these stocks include the critical semiconductor manufacturers, equipment suppliers, and design software firms that make advanced AI chips possible.
Published: July 11, 2025
Explore BasketThe Figma Effect: Investing in Collaborative Tech
Figma's upcoming IPO is creating waves in the tech industry. This collection features companies positioned to benefit from growing demand for digital collaboration tools and a revitalized tech IPO landscape, carefully selected by our expert analysts.
Published: July 2, 2025
Explore BasketRace to Four Trillion
Invest in the companies building the foundation of the AI revolution. These carefully selected stocks represent crucial suppliers and enablers benefiting from Nvidia and Microsoft's historic race to $4 trillion valuations and their unprecedented spending on AI infrastructure.
Published: June 30, 2025
Explore BasketWhy You’ll Want to Watch This Stock
EDA Growth Drivers
Rising chip complexity, AI and custom silicon boost demand for design and verification tools, though industry cycles can affect revenue timing.
Technology & IP
Cadence combines software, semiconductor IP and services to offer integrated flows and recurring revenue, but competitive innovation is ongoing.
Global Customer Base
Major semiconductor and systems companies are core customers, providing scale and visibility, yet exposure to global macro and supply risks remains.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Microsoft Corporation
Microsoft is a tech company that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.
Alphabet Inc. - Class C Shares
Alphabet Inc. - Class C Shares is a technology company that offers web-based services, digital media, cloud computing and other services.
Alphabet Inc (Google)
Alphabet - A is a technology company that offers web-based services, digital media, cloud computing and other services.
