Cadence Design Systems, Inc. is an electronic system designing company. Co. applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. We show 54 historical shares outstanding datapoints in our CDNS shares outstanding history coverage, used to compute CDNS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CDNS market cap history over the course of time is important for investors
interested in comparing CDNS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CDNS versus a peer is one thing; comparing
CDNS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CDNS can fluctuate over the course of history.
With this page we aim to empower investors researching CDNS by allowing them to research the CDNS market cap history. |
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Video: The Importance of Market Cap
