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