CDNS

Stock

Cadence Design Systems, Inc.

One email when a drop — in price or in valuation — is historically rare for CDNS. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

Cadence Design Systems, Inc. is 18.3% off its high — deeper than its 7.8% average pullback, but it has been through 176 drawdowns before. Not historically significant yet — we'll say so if that changes.

But down is not the same as cheap: Cadence Design Systems, Inc.'s P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $340.39 · as of Aug 28, 2026All-time high $416.39Drawdown -18.3%Severity Score™ 3.1Is the broader market down too?
🟡

Elevated

Current Drawdown

-18.3%

Days in Drawdown

73

Avg Max Drawdown

7.8%

Avg Length

79

Drawdown Severity Score™

3.1

CDNS - Price & High Water Mark

CDNS - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of August 27, 2026 · updated daily

Where today's valuation sits within CDNS's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

15.8xSeverity Score 0.0 · In or above its typical range
Low: 0.50xMedian: 4.3xHigh: 21.9x

Cadence Design Systems, Inc. has been cheaper on this measure only about 84% of the time in 20 years of daily history.

28.0% below its highest Price to Sales reading · high date June 18, 2024

Price to Sales history

EV to EBITDA

43.8xSeverity Score 0.0 · In or above its typical range
Low: 1.9xMedian: 29.1xHigh: 66.9x

Cadence Design Systems, Inc. has been cheaper on this measure only about 75% of the time in 20 years of daily history.

34.5% below its highest EV to EBITDA reading · high date June 18, 2024

EV to EBITDA history · log scale

How we measure valuation

Cadence Design Systems, Inc. (CDNS) Analysis: Current Drawdown Insights

Cadence Design Systems, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-28, the stock is trading at $340.39, which represents a 18.3% decline from its all-time high of $416.39. This drawdown has persisted for 73 days.

Based on its full tracked price history, Cadence Design Systems, Inc. typically experiences drawdowns averaging 7.8% in depth, with an average duration of 79 days. Cadence Design Systems, Inc. has gone through 176 total drawdown events in its tracked history. The largest drawdown on record for Cadence Design Systems, Inc. was 93.1%, beginning in 1998. The longest drawdown duration on record was 7071 days.

The Drawdown Severity Score™ for Cadence Design Systems, Inc. currently stands at 3.12. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Cadence Design Systems, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 176 tracked pullbacks (64 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-06-16Ongoing73 days-18.3%$416.39$340.39n/a
2026-05-272026-06-016 days-2.1%$381.75$373.85$414.16
2025-09-232026-05-22242 days-28.8%$373.37$265.66$373.59
2025-07-312025-09-1951 days-8.8%$371.03$338.53$373.35
2025-07-072025-07-2519 days-3.7%$326.81$314.58$332.19
2024-06-202025-07-03379 days-29.1%$326.50$231.64$326.81
2024-03-222024-06-1889 days-14.9%$322.80$274.55$326.50
2024-03-082024-03-2113 days-6.2%$318.04$298.44$322.80
2024-03-052024-03-073 days-3.0%$317.31$307.70$318.04
2024-02-122024-03-0119 days-6.9%$311.94$290.30$315.24
2024-02-062024-02-072 days-1.3%$296.65$292.80$300.73
2024-01-232024-02-0211 days-2.5%$295.73$288.46$296.55
2024-01-172024-01-182 days-0.8%$277.56$275.39$279.01
2023-12-142024-01-1634 days-8.6%$276.57$252.71$277.56
2023-11-302023-12-1314 days-6.4%$275.21$257.68$276.57
2023-11-152023-11-2915 days-2.5%$272.62$265.79$275.21
2023-10-122023-11-0727 days-8.9%$252.98$230.44$253.73
2023-09-072023-10-0933 days-7.3%$246.70$228.58$247.34
2023-07-182023-09-0550 days-9.9%$244.44$220.31$245.51
2023-06-142023-07-1330 days-6.7%$239.00$223.01$239.51
2023-05-312023-06-1314 days-5.2%$234.75$222.47$239.00
2023-04-142023-05-2542 days-7.3%$217.01$201.16$224.49
2023-04-122023-04-132 days-0.8%$213.89$212.18$217.01
2023-04-052023-04-106 days-1.9%$211.51$207.56$213.61
2023-03-222023-03-3110 days-2.2%$207.88$203.28$210.09
2023-03-172023-03-215 days-0.5%$207.82$206.88$207.88
2023-03-152023-03-162 days-0.3%$203.52$202.94$207.82
2023-02-162023-03-1426 days-5.4%$202.26$191.43$203.52
2022-08-162023-02-14183 days-26.2%$193.09$142.41$199.09
2021-12-282022-08-15230 days-29.6%$191.65$134.95$193.09
2021-11-222021-12-2736 days-6.9%$188.12$175.05$191.65
2021-11-182021-11-192 days-0.9%$187.74$186.05$188.12
2021-11-102021-11-167 days-2.8%$182.37$177.23$186.92
2021-11-052021-11-095 days-0.9%$179.56$178.00$182.37
2021-11-032021-11-042 days-1.5%$175.55$172.97$179.56
2021-10-272021-10-293 days-4.5%$172.93$165.10$173.11
2021-09-172021-10-2640 days-11.7%$167.61$148.05$172.93
2021-09-132021-09-153 days-1.3%$166.87$164.63$167.54
2021-09-072021-09-093 days-0.4%$165.71$164.98$165.91
2021-08-312021-09-012 days-0.3%$163.89$163.48$164.15
2021-08-162021-08-194 days-3.0%$152.67$148.02$153.27
2021-08-062021-08-127 days-1.8%$151.76$149.05$152.26
2021-08-022021-08-032 days-0.2%$147.65$147.29$149.85
2021-04-162021-07-30106 days-17.9%$147.59$121.14$147.65
2021-03-022021-04-1544 days-18.8%$147.44$119.68$147.59
2021-02-172021-03-0113 days-9.2%$145.99$132.60$147.44
2021-01-212021-02-1122 days-8.3%$140.10$128.43$143.97
2021-01-082021-01-1912 days-2.4%$137.05$133.72$137.62
2021-01-042021-01-074 days-4.2%$136.43$130.64$137.05
2020-12-292020-12-302 days-0.6%$134.76$133.98$135.25
2020-12-232020-12-286 days-1.0%$134.37$133.06$134.76
2020-02-202020-04-2464 days-32.1%$80.02$54.32$80.52
2018-01-292018-07-25177 days-21.7%$45.80$35.85$46.80
1998-04-222017-08-307071 days-93.1%$38.00$2.61$38.36
1997-12-091998-02-0357 days-22.4%$28.75$22.31$29.69
1997-10-151997-11-0522 days-21.4%$28.56$22.44$28.66
1997-01-131997-07-23191 days-39.0%$21.94$13.38$22.19
1996-06-131997-01-10212 days-47.4%$21.88$11.50$21.94
1995-12-291996-02-0640 days-18.1%$14.04$11.50$14.13
1991-03-081995-06-201565 days-75.4%$7.56$1.86$7.69
1990-05-241991-02-06259 days-51.1%$6.25$3.06$6.58
1990-03-201990-05-2162 days-21.0%$5.94$4.69$5.97
1989-06-021989-10-05126 days-26.5%$4.19$3.08$4.39
1987-10-081989-01-04455 days-66.3%$2.56$0.86$2.58
1987-06-111987-09-1193 days-26.4%$2.00$1.47$2.03

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Cadence Design Systems, Inc. (CDNS) is trading at $340.39 as of Aug 28, 2026. It is 18.3% below its high of $416.39. The drawdown has lasted 73 days. Severity score: 3.1 (Elevated).

CDNS Price History and Drawdown Data

Latest price

$340.39

High-water mark

$416.39

Current drawdown

-18.3%

Days in drawdown

73

This CDNS page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Cadence Design Systems, Inc. drawdowns.

What History Says About CDNS

Cadence Design Systems, Inc. has dropped 30%+ from its high 7 times in its tracked history. These events lasted an average of 1402 days with an average max drop of -57.8%.

The current drawdown of -18.3% has lasted 73 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Apr 1998 to Aug 2017-93.1%7071 days
Mar 1991 to Jun 1995-75.4%1565 days
Oct 1987 to Jan 1989-66.3%455 days
May 1990 to Feb 1991-51.1%259 days
Jun 1996 to Jan 1997-47.4%212 days
Jan 1997 to Jul 1997-39.0%191 days

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