Cadence
CDNS · NASDAQ
Bulios Fair Price
$180.57
36.2% downside
Current Price
$282.9
According to Bulios Fair Price, CDNS is currently overvalued relative to its market price. How does it work?
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About the company
Cadence Design Systems, Inc. (CDNS) is an American company specializing in software development for integrated circuit (IC) and electronic system design. The company offers a wide range of software tools and services that enable electronic engineers to design, simulate, verify, and optimize complex electronic devices. Cadence is a respected leader in the electronic design industry and provides its services to customers worldwide, including chip manufacturers, electronic device manufacturers, and technology companies. The company emphasizes innovation and the development of advanced technologies that enable higher levels of performance and reliability for electronic products. Cadence Design Systems has a long history of collaboration with the industry and is considered a reliable partner for electronic engineers. Investing in shares of Cadence Design Systems, Inc. (CDNS) could represent an intriguing investment opportunity for those who believe in the growing demand for sophisticated software solutions for electronic design.
Sector
Technology
Industry
Software - Application
CEO
Anirudh Devgan
Employees
13,800
Headquarters
San Jose
Upcoming events
Earnings
Upcoming earnings report