Buy & Sell Cadence Design Systems Inc (CDNS) – Cadence Design Systems Inc Price Today
Aura AI Summary
Key Stats
- $91.91BMarket Cap
- TechnologySector
- -17.11%3M Drawdown
- $91.37BEnterprise Value
- -Dividend Yield
- 89% Buy | 11% SellTrading Activity
- 76 daysTypical Hold Time
Cadence Design Systems Inc (CDNS) is currently valued at a market capitalization of $91.91B, with an enterprise value of $91.37B. Over the past 52 weeks, Cadence Design Systems Inc has traded between a low of $265.66 and a high of $373.37, highlighting its annual price range. Over the past three months, Cadence Design Systems Inc has recorded a drawdown of -17.11%, reflecting recent price volatility. On average, investors hold Cadence Design Systems Inc for approximately 76 days, indicating typical investor behavior on the platform.
About Cadence Design Systems Inc
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
