Nvidia Is About to Shock the World: July 23rd
Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Open | 309.63 | Prev Close | 307.96 |
High | 309.53 | Low | 303.82 |
Volume | 369,525 | Volume (Avg) | 2,461 |
52 Week High | 328.99 | 52 Week Low | 221.56 |
Market Cap | 83.3B | PE Ratio | 77.27 |
General
Name | Cadence Design Systems, Inc |
Ticker | CDNS |
Exchange | NASDAQ |
Sector | Technology |
Industry | Software - Application |
Currency | USD |
Country | USA |
Fiscal Year End | December |
Full Time Employees | 12,837 |
About Cadence Design Systems, Inc
Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and performing sign-off checks for manufacturing; and Innovus implementation system, a digital IC design and signoff solution. In addition, the company offers custom IC design and simulation, such as Virtuoso Studio, a solution platform for custom, analog, mixed-signal, photonics, and RF semiconductors; and system design and analysis products, a Multiphysics platform that helps in design and simulate electronics and entire systems in electromagnetic, thermal, structure, computational fluid dynamics, molecular, PCB and packaging, mechanical, and structural analysis. Further, it provides semiconductor IP product for design architectures; Functional Verification; digital ic design and signoff; EDA product that addresses the design and verification for semiconductor chips and manufacturing process technologies; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. It serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Highlights
Analyst Target | 324.14 |
Market Cap | 83,306,500,000 |
PE Ratio | 77.27 |
PEG Ratio | 3.25 |
EBITDA | 1,710,598,016 |
Valuation
Trailing PE | 78.18 |
Forward PE | 45.45 |
Price/Sales (Trailing 12 Mt.) | 17.38 |
Price/Book (Most Recent Quarter) | 17.70 |
Technicals
Beta | 1.03 |
52 Week High | 328.99 |
52 Week Low | 221.56 |
50 Day Average | 15.64% |
200 Day Average | 9.43% |
Earnings
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