{"data":{"ticker":"CDNS","slug":"cadence-design-systems","name":"Cadence Design Systems","exchange":"NASDAQ","sector":"Technology","headquarters":"San Jose, California","ceo":"Anirudh Devgan","employees":13800,"website":"https://www.cadence.com","founded":"1988","layers":[{"slug":"semiconductors","name":"Semiconductors"},{"slug":"ai-software","name":"AI Software & Platforms"}],"exposure":{"score":60,"tier":"Strategic","rationale":"Sells chip design and verification software that NVIDIA, hyperscalers, and AI chip startups depend on, plus AI-driven tools like Cerebrus. The AI silicon design wave is a top growth driver, but revenue spans all semiconductor and systems design."},"quote":{"price":319.92,"change24hPct":2.73,"change7dPct":-2.43,"change30dPct":-8.29,"change1yPct":-1.58,"high52w":416.39,"low52w":265.66,"marketCap":87779336192,"peRatio":63.6,"eps":5.03,"volume24h":641688817},"nextEarningsDate":"2026-10-26","summary":"Cadence Design Systems sells electronic design automation software, the tools engineers use to design and verify chips. Chipmakers pay for licenses and subscriptions to its design flows, simulation tools, and computational software.","explainer":["Cadence Design Systems sells electronic design automation software, the tools engineers use to design and verify chips. Chipmakers pay for licenses and subscriptions to its design flows, simulation tools, and computational software.","AI now runs in both directions through its products: Cadence Cerebrus uses AI to optimize chip designs automatically, the JedAI platform pools design data for machine learning, Verisium AI accelerates verification, and Cadence Reality AI applies the same computational methods to system analysis.","Founded in 1988 and headquartered in San Jose, California, Cadence trades on the NASDAQ, is led by CEO Anirudh Devgan, and employs roughly 15,400 people."],"buildoutRole":"Cadence sits in the Semiconductors and AI Software & Platforms layers as a toolmaker the whole chip industry depends on. NVIDIA, hyperscalers designing their own silicon, and AI chip startups all use its design and verification software, so the AI silicon design wave feeds directly into its bookings. Its own AI tools like Cerebrus also make chip design faster. Revenue spans all of semiconductor and systems design, which tempers the exposure, but the AI wave is a top growth driver.","faq":[{"q":"What does Cadence Design Systems do?","a":"Cadence sells electronic design automation software that engineers use to design and verify chips and electronic systems, earning license and subscription revenue from semiconductor companies."},{"q":"How is Cadence exposed to AI?","a":"Two ways: the AI chip design wave drives demand for its tools from NVIDIA, hyperscalers, and startups, and its own products like Cerebrus use AI. Supercycle gives it an AI Exposure Score of 60 out of 100."},{"q":"What are Cadence's main AI products?","a":"Cadence Cerebrus for AI-driven chip design optimization, the JedAI data platform, Verisium AI for verification, and Cadence Reality AI for system analysis."},{"q":"Is CDNS a pure play AI stock?","a":"No, but it is a core enabler. Every AI chip gets designed in EDA software, and Cadence is one of the main providers. Its score of 60 out of 100 reflects that position atop a broader design business."},{"q":"Who leads Cadence and where is it based?","a":"CEO Anirudh Devgan leads Cadence from San Jose, California. The company was founded in 1988, trades on the NASDAQ, and employs roughly 15,400 people."}],"history1y":[{"date":"2026-09-28","close":326.7},{"date":"2026-09-29","close":324.17},{"date":"2026-09-30","close":330.19},{"date":"2026-10-01","close":350.73},{"date":"2026-10-02","close":351.35},{"date":"2026-10-05","close":353.48},{"date":"2026-10-06","close":359.55},{"date":"2026-10-07","close":356.12},{"date":"2026-10-08","close":348.84},{"date":"2026-10-09","close":352.84},{"date":"2026-10-12","close":348.42},{"date":"2026-10-13","close":334.2},{"date":"2026-10-14","close":329.46},{"date":"2026-10-15","close":324.38},{"date":"2026-10-16","close":319.51},{"date":"2026-10-19","close":325.86},{"date":"2026-10-20","close":319.87},{"date":"2026-10-21","close":326.07},{"date":"2026-10-22","close":309.65},{"date":"2026-10-23","close":316.49},{"date":"2026-10-26","close":322.17},{"date":"2026-10-27","close":343.08},{"date":"2026-10-28","close":342.46},{"date":"2026-10-29","close":342.75},{"date":"2026-10-30","close":327.89},{"date":"2026-11-02","close":329.51},{"date":"2026-11-03","close":323.75},{"date":"2026-11-04","close":329.52},{"date":"2026-11-05","close":311.43},{"date":"2026-11-06","close":319.92}],"incomeStatements":[{"ticker":"CDNS","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":5296759000,"cost_of_revenue":722249000,"gross_profit":4574510000,"operating_expense":0,"operating_income":1649781000,"net_income":1108888000,"earnings_per_share":4.06,"earnings_per_share_diluted":4.06,"research_and_development":1768772000,"selling_general_and_administrative_expenses":1116020000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"CDNS","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":4641264000,"cost_of_revenue":647502000,"gross_profit":3993762000,"operating_expense":0,"operating_income":1382850000,"net_income":1055484000,"earnings_per_share":3.85,"earnings_per_share_diluted":3.85,"research_and_development":1549093000,"selling_general_and_administrative_expenses":1031444000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"CDNS","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":4089986000,"cost_of_revenue":435041000,"gross_profit":3654945000,"operating_expense":0,"operating_income":1262238000,"net_income":1041144000,"earnings_per_share":3.82,"earnings_per_share_diluted":3.82,"research_and_development":1441796000,"selling_general_and_administrative_expenses":932749000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"CDNS","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","revenue":3561718000,"cost_of_revenue":371623000,"gross_profit":3190095000,"operating_expense":0,"operating_income":1073741000,"net_income":848952000,"earnings_per_share":3.09,"earnings_per_share_diluted":3.09,"research_and_development":1251544000,"selling_general_and_administrative_expenses":846340000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"CDNS","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":10153148000,"current_assets":4669673000,"cash_and_equivalents":3001317000,"total_liabilities":4678967000,"current_liabilities":1635291000,"total_debt":2616439000,"shareholders_equity":5474181000,"retained_earnings":7100756000},{"ticker":"CDNS","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":8974482000,"current_assets":4016079000,"cash_and_equivalents":2644030000,"total_liabilities":4300904000,"current_liabilities":1370105000,"total_debt":2585076000,"shareholders_equity":4673578000,"retained_earnings":5991868000},{"ticker":"CDNS","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":5669491000,"current_assets":1976217000,"cash_and_equivalents":1008152000,"total_liabilities":2265220000,"current_liabilities":1590867000,"total_debt":764414000,"shareholders_equity":3404271000,"retained_earnings":4936384000},{"ticker":"CDNS","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","total_assets":5137071000,"current_assets":1706767000,"cash_and_equivalents":882325000,"total_liabilities":2391958000,"current_liabilities":1347696000,"total_debt":887415000,"shareholders_equity":2745113000,"retained_earnings":3895240000}],"holders13f":[],"news":[{"title":"How Investors May Respond To Cadence Design Systems Stock After Its New AI Tools Launch","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/investors-may-respond-cadence-design-021400561.html?.tsrc=rss","date":"2026-11-05"},{"title":"Cadence (CDNS) is an Incredible Growth Stock: 3 Reasons Why","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/cadence-cdns-incredible-growth-stock-164502555.html?.tsrc=rss","date":"2026-11-04"},{"title":"How Could Cadence Design Systems (CDNS) New AI Push Expand Its Market?","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/could-cadence-design-systems-cdns-151205481.html?.tsrc=rss","date":"2026-11-04"},{"title":"Has Cadence Stock Fallen Like This Before?","source":null,"url":"https://www.trefis.com/stock/cdns/articles/622633/has-cadence-stock-fallen-like-this-before/2026-11-04?.tsrc=rss","date":"2026-11-04"},{"title":"23 Billionaire Investors Back This Tech Stock: Is it Time to Buy?","source":null,"url":"https://finance.yahoo.com/technology/articles/23-billionaire-investors-back-tech-191701618.html?.tsrc=rss","date":"2026-11-03"},{"title":"Cadence's Raised 2026 Outlook Tests the Strength of Its AI Demand","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/cadences-raised-2026-outlook-tests-144800528.html?.tsrc=rss","date":"2026-11-02"},{"title":"Can Cadence's AI Momentum Offset Margin Pressure and Rich Valuation?","source":null,"url":"https://finance.yahoo.com/technology/articles/cadences-ai-momentum-offset-margin-144600674.html?.tsrc=rss","date":"2026-11-02"},{"title":"Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/cadence-design-systems-inc-cdns-120003134.html?.tsrc=rss","date":"2026-10-30"}]},"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:45.451Z","tier":"free","source":"https://supercyclehq.com/stock/cadence-design-systems","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/CDNS","html":"https://supercyclehq.com/stock/cadence-design-systems","md":"https://supercyclehq.com/stock/cadence-design-systems.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}