Cadence Design Systems Inc (CDNS) has experienced challenges in growth. The company operates in the Technology sector, specifically in the Software - Application industry.
Over the past 4 years, Cadence Design Systems Inc has achieved a revenue compound annual growth rate (CAGR) of 6.7%, while earnings have grown at 1.6% CAGR.
Historical revenue and profitability trends for Cadence Design Systems Inc
The chart above illustrates Cadence Design Systems Inc's revenue trajectory over the past 4 years. The revenue pattern shows the challenges the company has faced in recent periods.
Annual percentage change in revenue and earnings
Growth rates provide insight into the momentum of Cadence Design Systems Inc's business.
How efficiently Cadence Design Systems Inc converts revenue into profit
Profit margins reveal how much of each dollar of revenue Cadence Design Systems Inc retains at different stages:
Analyst estimates and forward-looking indicators
Wall Street analysts project Cadence Design Systems Inc to continue growing earnings in the coming year. The consensus analyst rating is 4.3478 based on 23 analysts.
Based on our comprehensive analysis, Cadence Design Systems Inc (CDNS) demonstrates declining growth characteristics.
This growth analysis provides a comprehensive view of Cadence Design Systems Inc's historical performance and future outlook. Investors should consider these growth metrics alongside valuation, competitive positioning, and broader market conditions when making investment decisions. Past performance does not guarantee future results.
See how Cadence Design Systems Inc stacks up against similar companies
Explore growth analysis for top stocks
Related: CDNS Valuation, CDNS Dividend, CDNS Financial Health
Compare: CDNS vs AAPL, CDNS vs MSFT, CDNS vs GOOGL