Market Cap
Cadence Design Systems, Inc.
$69.99 Billion
USD as of Jan. 1, 2024
Top 1-year algo backtest: +313.24%
$10,000 in May 2023 would now be $41,324 by following this algorithm daily at market close.
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Cadence offers software, hardware, and integrated circuit (IC) design blocks globally. They provide functional verification services and hardware solutions for chip verification. The company's offerings span from digital IC design, signoff products, custom IC design, to system design analysis. They also supply intellectual property products for IC integration and offer methodology, education, and technical support services.
Cadence Design Systems, Inc. has the following listings and related stock indices.
Stock: NASDAQ: CDNS
Stock: BMV: CDNS
Stock: Bovespa: C1DN34
Stock: FSX: CDS
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.