Cadence Design Systems, Inc [CDNS] stock is trading at $349.12, down -1.27%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CDNS shares have lost -3.07% over the last week, with a monthly amount glided 9.77%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cadence Design Systems, Inc [NASDAQ: CDNS] stock has seen the most recent analyst activity on July 29, 2025, when Piper Sandler downgraded its rating to a Neutral but kept the price target unchanged to $355 for it. Previously, Goldman started tracking the stock with Buy rating on July 10, 2025, and set its price target to $380. On April 24, 2025, upgrade upgraded it’s rating to Overweight but maintained its price target of $325 on the stock. Redburn Atlantic started tracking the stock assigning a Buy rating and suggested a price target of $350 on January 13, 2025. Wells Fargo initiated its recommendation with a Overweight and recommended $350 as its price target on November 22, 2024. Loop Capital started tracking with a Buy rating for this stock on November 12, 2024, and assigned it a price target of $360. In a note dated October 22, 2024, Mizuho initiated an Outperform rating and provided a target price of $325 on this stock.
Cadence Design Systems, Inc [CDNS] stock has fluctuated between $221.56 and $376.45 over the past year. Currently, Wall Street analysts expect the stock to reach $351.67 within the next 12 months. Cadence Design Systems, Inc [NASDAQ: CDNS] shares were valued at $349.12 at the most recent close of the market. An investor can expect a potential return of 0.73% based on the average CDNS price forecast.
Analyzing the CDNS fundamentals
Cadence Design Systems, Inc [NASDAQ:CDNS] reported sales of 5.09B for the trailing twelve months, which represents a growth of 20.25%. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.21 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 344.67 points at the first support level, and at 340.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 354.98, and for the 2nd resistance point, it is at 360.85.
Ratios To Look Out For
For context, Cadence Design Systems, Inc’s Current Ratio is 2.82. As well, the Quick Ratio is 2.67, while the Cash Ratio is 1.89. Considering the valuation of this stock, the price to sales ratio is 18.69, the price to book ratio is 19.00 and price to earnings (TTM) ratio is 94.46.
Transactions by insiders
Recent insider trading involved Cunningham Paul, Sr. Vice President, that happened on Aug 01 ’25 when 1000.0 shares were sold. Officer, PAUL A CUNNINGHAM completed a deal on Aug 01 ’25 to buy 1000.0 shares. Meanwhile, Sr. Vice President TENG CHIN-CHI sold 9088.0 shares on Jul 17 ’25.