Cadence Design Systems, Inc. (BIT:1CDNS)

Italy flag Italy · Delayed Price · Currency is EUR
306.90
+7.70 (2.57%)
At close: May 7, 2026
Market Cap83.63B +30.6%
Revenue (ttm)4.79B +13.4%
Net Income1.02B +8.3%
EPS3.72 +8.9%
Shares Outn/a
PE Ratio82.35
Forward PE43.87
Dividendn/a
Ex-Dividend Daten/a
Volume35
Average Volume96
Open300.90
Previous Close299.20
Day's Range300.90 - 305.35
52-Week Range225.40 - 328.00
Betan/a
RSI72.75
Earnings DateApr 27, 2026

About Cadence Design Systems

Cadence Design Systems, Inc. develops computational, AI‑driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including In novus platform; and custom IC design and simulation prod... [Read more]

Industry Prepackaged Software
Founded 1987
Employees 15,110
Stock Exchange Borsa Italiana
Ticker Symbol 1CDNS

Financial Performance

In 2025, Cadence Design Systems's revenue was $5.30 billion, an increase of 14.12% compared to the previous year's $4.64 billion. Earnings were $1.11 billion, an increase of 5.06%.

Financial numbers in USD Financial Statements

News

Cadence Design price target raised to $400 from $385 at Citi

Citi raised the firm’s price target on Cadence Design (CDNS) to $400 from $385 and keeps a Buy rating on the shares. Published first on TheFly – the ultimate source

8 days ago - TheFly

Cadence Design price target raised to $400 from $380 at Berenberg

Berenberg raised the firm’s price target on Cadence Design (CDNS) to $400 from $380 and keeps a Buy rating on the shares. The firm views the company’s Q1 results as

8 days ago - TheFly

Cadence Design price target raised to $400 from $375 at BofA

BofA raised the firm’s price target on Cadence Design (CDNS) to $400 from $375 and keeps a Buy rating on the shares. Following “one of their strongest Q1 FY guidance

9 days ago - TheFly

Cadence Design price target raised to $325 from $319 at Piper Sandler

Piper Sandler raised the firm’s price target on Cadence Design (CDNS) to $325 from $319 and keeps a Neutral rating on the shares. The firm says Q1 was a healthy

9 days ago - TheFly

Cadence Design price target raised to $375 from $360 at Rosenblatt

Rosenblatt analyst Blair Abernethy raised the firm’s price target on Cadence Design (CDNS) to $375 from $360 and keeps a Buy rating on the shares. The firm views the company’s

9 days ago - TheFly

Cadence Design price target raised to $385 from $381 at Baird

Baird analyst Joe Vruwink raised the firm’s price target on Cadence Design (CDNS) to $385 from $381 and keeps an Outperform rating on the shares. The firm updated its model

9 days ago - TheFly

Cadence Design price target raised to $425 from $405 at KeyBanc

KeyBanc raised the firm’s price target on Cadence Design (CDNS) to $425 from $405 and keeps an Overweight rating on the shares. The firm notes Cadence put up strong Q1

9 days ago - TheFly

Cadence Design Systems Earnings Call Transcript: Q1 2026

Q1 2026 saw record revenue and backlog, driven by strong AI demand and robust execution. Raised full-year outlook to 17% revenue growth, with all segments—IP, EDA, and system analysis—showing double-digit growth. Hexagon acquisition impacts margins short-term but positions for future gains.

10 days ago - Transcripts

Cadence lifts annual revenue forecast on sustained AI chip-design boom

Cadence Design Systems raised its full-year revenue forecast on Monday, betting that sustained, heavy investment ​in specialized artificial intelligence processors will continue to ‌drive demand for i...

10 days ago - Reuters

Cadence Reports First Quarter 2026 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Reports First Quarter 2026 Financial Results.

10 days ago - Business Wire

Notable companies reporting after market close

Notable companies reporting after the market close, with earnings consensus, include Cadence (CDNS), consensus $1.89… Rambus (RMBS), consensus 64c… Celestica (CLS), consensus $2.08… Nucor (NUE), conse...

10 days ago - TheFly

Cadence Design options imply 7.5% move in share price post-earnings

Pre-earnings options volume in Cadence Design (CDNS) is 2.4x normal with puts leading calls 3:1. Implied volatility suggests the market is anticipating a move near 7.5%, or $25.09, after results

10 days ago - TheFly

Options Volatility and Implied Earnings Moves Today, April 27, 2026

Today, several major companies are expected to report earnings: Alliance Resource (ARLP), Amkor (AMKR), Cadence Design (CDNS), Celestica (CLS), Domino’s Pizza (DPZ), Nucor (NUE), Rambus (RMBS), Ventas...

10 days ago - TipRanks

Cadence Design teams with TSMC to accelerate design of AI silicon

Cadence (CDNS) announced an expansion of its relationship with TSMC (TSM) to accelerate AI-driven semiconductor innovation. The expanded collaboration will deliver IP, signoff-ready, end-to-end design...

15 days ago - TheFly

Cadence Collaborates with TSMC to Accelerate Design of Next-Generation AI Silicon

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced an expansion of its longstanding relationship with TSMC to accelerate AI-driven semiconductor innovation. The expanded collabo...

15 days ago - Business Wire

Unusually active option classes on open April 20th

Unusual total active option classes on open include: Semtech (SMTC), Howmet Aerospace (HWM), Cadence Design (CDNS), Poet Technologies (POET), BlackBerry (BB), – USA Rare Earth Inc (USAR), Northern Dyn...

17 days ago - TheFly

Why Cadence's ‘ChatGPT moment' may have already arrived

The rise of agentic AI tools should drive more demand for the company's electronic design automation systems, an analyst says

17 days ago - Market Watch

Cadence and Nvidia (NVDA) Team Up to Train Robots Faster with AI

Software firm Cadence Design Systems ($CDNS) is teaming up with chipmaker Nvidia ($NVDA) in order to develop artificial intelligence for robotics. The partnership brings together Cadence’s expertise i...

22 days ago - TipRanks

Cadence and NVIDIA Expand Partnership to Reinvent Engineering for the Age of AI and Accelerated Computing

SAN JOSE, Calif.--(BUSINESS WIRE)--At CadenceLIVE Silicon Valley 2026, Cadence (Nasdaq: CDNS) announced an expanded partnership with NVIDIA to deliver accelerated solutions across agentic AI, physics-...

22 days ago - Business Wire

Cadence and Google Collaborate to Scale AI-Driven Chip Design with ChipStack AI Super Agent on Google Cloud

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence, an industry leader in AI-driven computational software for semiconductor and system design, today announced a strategic collaboration with Google to optimiz...

22 days ago - Business Wire

Cadence, Nvidia working together on developing AI for robotics

Cadence Design Systems and ​Nvidia are partnering to further ‌the development of artificial intelligence for robots, the CEOs of the ​two companies said on ​Wednesday.

22 days ago - Reuters

Cadence Announces First Quarter 2026 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its first quarter 2026 financial results webcast on Monday, April 27, 2026.

4 weeks ago - Business Wire

Cadence and NVIDIA Unveil Accelerated Engineering Solutions Purpose-Built for Agentic AI Chip and System Design​

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Cadence announced an expansion of its broad collaboration with NVIDIA to accelerate Cadence's Design for AI and AI for Design strategy. The next generation of...

7 weeks ago - Business Wire

Semiconductor Opportunity Is Here

In markets, 2026 has been the year of the stock picker. And among the successful equities targets this year, semiconductor stocks have been some of the biggest winners.

2 months ago - FXEmpire

Cadence Design Systems Transcript: Morgan Stanley Technology, Media & Telecom Conference 2026

AI strategy centers on a three-layer model, with Physical AI and simulation as key growth drivers. New products like ChipStack and a token-based monetization model are set to boost margins. Strong financials, robust IP growth, and expanding hardware demand support a positive outlook.

2 months ago - Transcripts