Cadence Design Systems

CDNS · NASDAQ · USD

$330.19Change from previous close: +1.86%Absolute change: +$6.02

Close · September 30, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$91.07B
Enterprise value
$92.05B
P/E (trailing 12 months)
65.8
Forward P/E
34.5
PEG
2.48
Price/book
13.3
Price/sales
15.6
EV/EBITDA
42.7
EV/revenue
15.8

Profitability and growth

Gross margin
85.9%
Operating margin
28.6%
Net margin
23.6%
ROE
23.2%
ROA
10.6%
Revenue growth (year over year)
24.2%
Earnings growth (year over year)
125.4%

Financial health

Total cash
$1.53B
Total debt
$2.65B
Debt/equity
0.39
Current ratio
1.74
Quick ratio
1.43

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
$405.47
Median price target
$407.94
High price target
$470.00
Low price target
$300.00
Analysts with a price target
26
Consensus
Strong buy
Forward EPS
$9.56
EPS estimate, current year
$4.81

Shares and trading

Beta
1.14
Average volume
2.38M
Shares outstanding
275.82M
Float
274.17M
Institutional ownership
91.6%
Insider ownership
0.3%
Short interest (% of float)
1.6%
Short ratio (days)
1.81