What if you invested $1000 in CDNS on Jan 1, 2020?
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Historical Annual Returns
Over the past 20 years, Cadence Design Systems, Inc. has delivered an average annual return of 23.5%. The stock peaked in 2020 with a massive +91.0% gain, while investors faced a downturn in 2008 (-78.2%). Overall, the stock finished in the green 17 times out of 20 years.
Avg Return
+23.5%
Win Rate
85%
17W - 3L
Best
+91.0%
2020
Worst
-78.2%
2008
Performance Consistency
About Cadence Design Systems, Inc.
Visit Website ↗Cadence Design Systems, Inc. is a leading provider of electronic design automation (EDA) software, hardware, and intellectual property (IP). The company's computational software and accelerated hardware enable engineers to design and verify advanced integrated circuits (ICs), systems on chips (SoCs), and printed circuit boards (PCBs).
Key Business Segments
Electronic Design Automation (EDA) Software
Provides software for the design and verification of integrated circuits and printed circuit boards.
Hardware
Offers hardware products such as emulation and prototyping systems for system verification.
Intellectual Property (IP)
Licenses a broad portfolio of IP cores for various applications, including processors, interfaces, and memory.
Key Innovations
- ✓Pioneered the concept of integrated design environments for electronic design automation.
- ✓Developed computational software and accelerated hardware that enable the design of complex integrated circuits and systems on chips.
Historical Milestones
Cadence Design Systems is formed through the merger of SDA Systems and ECAD, Inc.
Cadence acquires Valid Logic Systems, solidifying its position as a leading EDA supplier.
Anirudh Devgan assumes the role of Cadence President & CEO, continuing the company's focus on innovation and AI-driven design.