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ISIN: US1273871087
Ticker: CDNS
US1273871087
CDNS

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24
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Aktien Stammtisch
@Aktien_Stammtisch
3Sem.·

$CDNS (+1,9 %) | Cadence Design Systems Q3'24 Earnings Highlights:


🔹 Adjusted EPS: $1.64 (Est. $1.44) 🟢; UP +30% YoY

🔹 Revenue: $1.215B (Est. $1.18B) 🟢; UP +19% YoY


FY24 Guidance: 

🔹 Revenue: $4.61B-$4.65B (Est. $4.63B) 🟡

🔹 Non-GAAP EPS: $5.87-$5.93 (Est. $5.89) 🟡


Q3 Segments Revenue: 

🔹 Product & Maintenance: $1.10B; UP +14% YoY

🔹 Services: $115.1M; more than doubled from $57.3M YoY


Operational Metrics: 

🔹 Adj Operating Margin: 45% (Est. 41.5%) 🟢; Improved from 41% YoY

🔹 Adj Net Income: $450.2M (Est. $397.5M) 🟢; UP +31% YoY

🔹 Backlog: $5.6B

🔹 Current Remaining Performance Obligations (cRPO): $2.9B


Business Highlights: 

🔸 Strong growth across portfolio, driven by IP, SD&A, and hardware systems

🔸 System Design & Analysis business achieved +47% YoY revenue growth

🔸 IP business showed +59% YoY growth, with a major partner signing a deal for AI product roadmap development

🔸 Functional Verification revenue grew +22% YoY, reflecting strong demand for AI and automotive systems


CEO Anirudh Devgan's Commentary: 

🔸 "Cadence delivered exceptional Q3 results, driven by the strength of our portfolio, particularly in IP, SD&A, and hardware systems. AI is becoming integral to the design workflow, and http://Cadence.AI is accelerating adoption."


CFO John Wall's Commentary: 🔸 "We saw 19% revenue growth YoY, with recurring revenue growth returning to low teens. China revenue improved and contributed 13% to total Q3 revenue. Our Q4 bookings pipeline looks strong, positioning us for a solid FY24."


Strategic Focus: 

🔸 http://Cadence.AI portfolio enhanced by GenAI agents, AI-driven optimization, and the JedAI big data analytics platform

🔸 Expansion in the multi-physics portfolio to support AI and hyperscale customers

🔸 Strengthening partnerships to support growth across automotive and cloud markets


Outlook: 

🔸 Strong second half expected, supported by a robust Q4 bookings pipeline

www.cadence.comJust a moment...
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Aktien Stammtisch
@Aktien_Stammtisch
3Sem.·
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30
8 Commentaires
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Dirty30@Dirty30
3Sem.
Next week I will be completely shaved 🥴
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Techaktien
@Techaktien
2Mo·

Semiconductor shares since their 52-week highs

-61% Intel $INTC (+2,41 %)

-54% Aixtron $AIXA (-2,94 %)

-45% STMicroelectronics $STMPA (+0,58 %)

-44% Micron Technology $MU (+5 %)

-37% Globalfoundries $GFS (+2,78 %)

-36% BE Semiconductor $OXVE

-33% Lam Research $LRCX

-29% AMD $AMD (+0,64 %)

-29% Qualcomm $QCOM (+1,7 %)

-28% ON Semiconductor $ON (+2 %)

-27% ASML $ASML (+3,19 %)

-26% Applied Materials $AMAT (+3,95 %)

-26% Elmos Semiconductor $ELG (-0,16 %)

-24% Microchip Techn. $MCHP (+2,72 %)

-23% ARM $ARM (+0,48 %)

-23% Synopsys $SNPS (+2,77 %)

-23% Infineon $IFX (+0,2 %)

-22% NXP Semiconductors $NXPI (+2,63 %)

-20% Cadence Design $CDNS (+1,9 %)

-17% Nvidia $NVDA (+1,51 %)

-17% VanEck Semicon. ETF $IE00BMC38736 (+2,06 %)

-17% Nordic Semi $NRS

-17% KLA Corporation $KLAC (+3,32 %)

-13% Marvell Technology $MRVL (+4,57 %)

-12% TSMC $2330

-11% Broadcom $AVGO (+1,3 %)

-7% Texas Instruments $TXN (+0,59 %)

-6% Monolithic Power Syst. $MPWR (+3,92 %)

>> Which stocks are you invested in and how are they performing? Which of these stocks do you have on your watchlist? #semiconductor
#halbleiter

16
7 Commentaires
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Lumimyrsky@Lumimyrsky
2Mo
intel -40%
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BamBamInvest
@BamBamInvest
3Mo·

The semiconductor industry has recorded an increase of 40-50% since the beginning of the year


Brief overview:


($NVDA (+1,51 %) , $AMD (+0,64 %) , $ASML (+3,19 %) , $KLAC (+3,32 %) , $CDNS (+1,9 %) , $LRCX (+4,98 %) , $TXN (+0,59 %) , $TSM (+1,17 %) , $LRCX , $KLAC (+3,32 %) , $INTC (+2,41 %) , $QCOM (+1,7 %) ....)

The largest contribution to this was made by companies such as $NVDA (+1,51 %) (Nvidia), $TSM (+1,17 %) (Taiwan Semiconductur) and $AVGO (+1,3 %) (Broadcom).


Here are a few companies you should know:


ASML - $ASML (+3,19 %) :


- ASML is a leading manufacturer of photolithography machines for semiconductor manufacturing


- The share has gained approx. 42.2 % in the last 5 years


- The 5-year average ROIC of ASML is 21.23 %.

Texas Instruments- $TXN (+0,59 %) :


- Texas Instruments specializes in analog and embedded processing chips that are critical to a wide range of electronic applications


- The share has achieved an average annual growth rate of approx. 14.6 % over the last 5 years.


- Earnings per share have increased by 12.19% over the last 10 years

NVIDIA- $NVDA (+1,51 %) :


- Nvidia is a global leader in graphics processing units (GPUs) and artificial intelligence (AI).


- The average annual increase in sales over the last 5 years was 49.37%


- Future EPS growth is estimated at 31.74%

KLA Corporation - $KLAC (+3,32 %) :


  • KLA provides advanced inspection, measurement and data analysis solutions that are essential for high-quality semiconductor production


  • ROIC 5-year average is 34.66%


  • FCF per share has increased by 18.7% over the last 10 years


Cadence Design Systems $CDNS (+1,9 %) :


- CDNS provides software and engineering services for electronic design automation (EDA).


- The share price has increased by an average of approx. 34.5 % annually over the last 5 years


- The free cash flow per share has averaged 18.78% per year over the last 5 years.

Data from: https://finchat.io/


#aktie
#stockanalysis
#halbleiter

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24
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Aktien Stammtisch
@Aktien_Stammtisch
3Mo·
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Raising I.
@RaisingInvestorIQ
4Mo·
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7
1 Commentaire
Fabian@InternetExplorer
4Mo
Both $CDNS and $SNPS
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TB98
@TB98
6Mo·
Feedback sur mon portefeuille
57Positions
67 002,95 €
11,06 %
4
9 Commentaires
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Stevo@Money-Man
6Mo
$TXRH could be something for you. Or do you just want to expand existing stocks? It makes sense in itself that you consolidate a bit, I would even be more radical and sell everything under 1k or reallocate so that there is no value under 1k in the portfolio.
Unless these are savings plans for you.
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Raising I.
@RaisingInvestorIQ
6Mo·

$CDNS (+1,9 %) strong cashflow generation makes for an excellent investment prospect..

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TB98
@TB98
6Mo·
Feedback sur mon portefeuille

Hello everyone,


Briefly about me: I am 26, an employee and also work in letting and leasing/special rental.

The two properties (market value +\- 10%) are now offset by loans of more €329,000 (nothing inherited 😉).

At 99%, this debt will soon increase by a further €150,000 and the real estate portfolio will grow a little again.

However, the cash will fall to +/- 0€, as the NK will be borne by the tenant.


I would like some suggestions and opinions on my portfolio.

Mainly on the subject of equities, as I'm still more of a newbie with about 3 1/2 years of "experience".

I still want to sell all the "meta bets" and park them in cash for the time being or invest them in the $LOCK (+2,71 %) and the $XDWT (+1,92 %) ETF ($ANET (+6,77 %), $KLAC (+3,32 %) , $CDNS (+1,9 %) , $SNPS (+2,77 %) , $QCOM (+1,7 %) and $SYNA (+5,18 %)).


Thank you!

60Positions
684 733,42 €
67,53 %
18
27 Commentaires
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Thetrendisyourfriend@Thetrendisyourfriend
6Mo
In your position, I would take out the real estate and focus solely on your securities when presenting the data, and enter the real estate in a different way. Portfolio looks good, although there would be too many positions for me and I can't identify the intended strategy.
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