Elon's Greatest Invention... Hidden in South Memphis?

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

CDNS
Cadence Design Systems, Inc
NASDAQ
315.57
Open 321.37 Prev Close 320.86
High 322.15 Low 315.04
Volume 1,391,024 Volume (Avg) 1,938
52 Week High 330.09 52 Week Low 221.56
Market Cap 86.2B PE Ratio 79.92

About Cadence Design Systems, Inc

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and performing sign-off checks for manufacturing; and Innovus implementation system, a digital IC design and signoff solution. In addition, the company offers custom IC design and simulation, such as Virtuoso Studio, a solution platform for custom, analog, mixed-signal, photonics, and RF semiconductors; and system design and analysis products, a Multiphysics platform that helps in design and simulate electronics and entire systems in electromagnetic, thermal, structure, computational fluid dynamics, molecular, PCB and packaging, mechanical, and structural analysis. Further, it provides semiconductor IP product for design architectures; Functional Verification; digital ic design and signoff; EDA product that addresses the design and verification for semiconductor chips and manufacturing process technologies; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. It serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

General

NameCadence Design Systems, Inc
TickerCDNS
ExchangeNASDAQ
SectorTechnology
IndustrySoftware - Application
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees12,837

Highlights

Analyst Target331.09
Market Cap86,163,900,000
PE Ratio79.92
PEG Ratio3.39
EBITDA1,710,598,016

Share Stats

Shares Outstanding273,040,000
Shares Float271,510,000
Shares Short3,370,000
Insider Holdings33%
Institution Holdings91.86%

Highlights

Analyst Target331.09
Market Cap86,163,900,000
PE Ratio79.92
PEG Ratio3.39
EBITDA1,710,598,016

Valuation

Trailing PE80.09
Forward PE46.95
Price/Sales (Trailing 12 Mt.)17.68
Price/Book (Most Recent Quarter)18.18

Earnings

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