Cadence Design Systems, Inc. (ETR:CDS)

Germany flag Germany · Delayed Price · Currency is EUR
355.95
-2.35 (-0.66%)
Jun 3, 2026, 2:44 PM CET
Market Cap98.63B +26.8%
Revenue (ttm)4.79B +13.4%
Net Income1.02B +8.3%
EPS3.72 +8.9%
Shares Out n/a
PE Ratio97.12
Forward PE51.18
Dividendn/a
Ex-Dividend Daten/a
Volume493
Open355.10
Previous Close358.30
Day's Range353.35 - 359.00
52-Week Range225.85 - 358.90
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateJul 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 Software - Application
Sector Technology
Founded 1987
Employees 13,800
Stock Exchange Deutsche Börse Xetra
Ticker Symbol CDS

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's Richard Gu to Present at Nasdaq Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Richard Gu to Present at Nasdaq Conference.

16 hours ago - Business Wire

Cadence Stock Rises as It Launches AI 'Robot' to Design and Check Chips

Cadence Design Systems stock was climbing as it said its AI agent can now independently carry out complex work on chip design.

2 days ago - Barrons

Cadence Design announces fully autonomous virtual agentic AI design engineer

At Computex 2026, Cadence (CDNS) announced the industry’s first fully autonomous virtual agentic AI design engineer, extending the ChipStack AI Super Agent to Level-5 autonomy. Built on Cadence’s AI-d...

2 days ago - TheFly

Cadence Unveils Industry's First Fully Autonomous Virtual Engineer for Chip Design, powered by NVIDIA

SAN JOSE, Calif.--(BUSINESS WIRE)--At Computex 2026, Cadence (Nasdaq: CDNS) announced the industry's first fully autonomous virtual agentic AI design engineer, extending the ChipStack™ AI Super Agent ...

2 days ago - Business Wire

Cadence and Samsung Foundry Deepen 2nm and 3D‑IC Collaboration to Meet Surging AI Infrastructure and Physical AI Demand

SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) and Samsung Foundry today announced development of a full portfolio of Memory and Interface IP, and expanded certificatio...

5 days ago - Business Wire

Cadence Design price target raised to $440 from $400 at Berenberg

Berenberg analyst Nay Soe Naing raised the firm’s price target on Cadence Design (CDNS) to $440 from $400 and keeps a Buy rating on the shares. The AI revolution in…

7 days ago - TheFly

Cadence Design price target raised to $425 from $400 at Wells Fargo

Wells Fargo raised the firm’s price target on Cadence Design (CDNS) to $425 from $400 and keeps an Overweight rating on the shares. The firm says its meetings reiterated Cadence’s…

8 days ago - TheFly

Aeva adopts Cadence Tensilica Vision DSP

Cadence (CDNS) announced that Aeva (AEVA) has licensed Cadence Tensilica Vision DSP IP to accelerate signal processing in its 4D LiDAR systems-enabling flexible and scalable solutions for industrial r...

22 days ago - TheFly

Aeva Adopts Cadence Tensilica Vision DSP to Advance Lidar Performance and Efficiency

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced that Aeva, a leader in next-generation sensing and perception systems, has licensed Cadence® Tensilica® Vision DSP IP to accel...

22 days ago - Business Wire

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.

5 weeks 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…

5 weeks 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…

5 weeks 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…

5 weeks 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…

5 weeks 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…

5 weeks 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…

5 weeks 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.

5 weeks ago - Transcripts

Cadence Design Systems Earnings release: Q1 2026

Cadence Design Systems released its Q1 2026 earnings on April 27, 2026, summarizing the period's financial results.

5 weeks ago - Filings

Cadence Design Systems Quarterly report: Q1 2026

Cadence Design Systems has published its Q1 2026 quarterly earnings report on April 27, 2026.

5 weeks ago - Filings

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...

5 weeks ago - Reuters

Cadence Reports First Quarter 2026 Financial Results

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

5 weeks 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...

5 weeks 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...

5 weeks ago - Business Wire

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

6 weeks ago - Market Watch

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-...

6 weeks ago - Business Wire