Cadence Design Systems, Inc. (CDNS)
| Market Cap | 87.86B -7.1% |
| Revenue (ttm) | 5.84B +14.7% |
| Net Income | 1.38B +36.2% |
| EPS | 5.03 +35.9% |
| Shares Out | 275.39M |
| PE Ratio | 63.42 |
| Forward PE | 37.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,151,599 |
| Open | 314.49 |
| Previous Close | 313.59 |
| Day's Range | 312.15 - 319.78 |
| 52-Week Range | 262.75 - 416.69 |
| Beta | 1.14 |
| Analysts | Strong Buy |
| Price Target | 403.67 (+26.53%) |
| Earnings Date | Jul 27, 2026 |
About CDNS
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]
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 StatementsAnalyst Summary
According to 25 analysts, the average rating for CDNS stock is "Strong Buy." The 12-month stock price target is $403.67, which is an increase of 26.53% from the latest price.
News
Cadence to Present at Deutsche Bank Technology Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence to Present at Deutsche Bank Technology Conference.
Cadence's HypertensionOS Software Announced as Second Participant in FDA's TEMPO to Advance Hypertension Care
NEW YORK--(BUSINESS WIRE)--Cadence, the clinical AI company automating the treatment of chronic disease, today announced its HypertensionOS software has been selected by the U.S. Food and Drug Adminis...
Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
Chip stocks rallied this week on a wave of strong tech earnings, and investors rewarded semiconductor ETFs with a rush of new cash. Three funds tracking the chip sector ranked among those pulling in t...
Semiconductor stocks SOAR as strong Microsoft outlook revives AI trade
Key Advisors Wealth Management co-founder and CEO Eddie Ghabour discusses the surge in semiconductor stocks, including NVIDIA, and Microsoft's strong cloud-driven earnings outlook on ‘The Claman Count...
Cadence Design price target raised to $400 from $370 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Cadence Design (CDNS) to $400 from $370 and keeps an Overweight rating on the shares. Another beat-and-raise reinforces durable EDA/IP momentum, while…
Cadence Design price target raised to $300 from $275 at Oppenheimer
Oppenheimer raised the firm’s price target on Cadence Design (CDNS) to $300 from $275 and keeps a Perform rating on the shares. The firm says Cadence is essentially unchanged since…
Cadence Design price target raised to $420 from $400 at BofA
BofA raised the firm’s price target on Cadence Design (CDNS) to $420 from $400 and keeps a Buy rating on the shares. Cadence reported an in-line Q2 but raised Q3…
Cadence Design price target raised to $420 from $415 at Baird
Baird raised the firm’s price target on Cadence Design (CDNS) to $420 from $415 and keeps an Outperform rating on the shares.
Cadence Design price target raised to $349 from $325 at Piper Sandler
Piper Sandler analyst Clarke Jeffries raised the firm’s price target on Cadence Design (CDNS) to $349 from $325 and keeps a Neutral rating on the shares. The firm notes Cadence…
Cadence Design price target raised to $420 from $400 at Citi
Citi raised the firm’s price target on Cadence Design (CDNS) to $420 from $400 and keeps a Buy rating on the shares. The firm says Cadence reported a “solid beat-and-raise”…
Cadence Design Systems Earnings Call Transcript: Q2 2026
Q2 2026 saw 24% revenue growth, record backlog, and broad-based strength across all segments, driven by AI demand and strategic partnerships. Full-year guidance was raised to 19% revenue growth, with strong profitability and significant investments in innovation and customer engagement.
Cadence Design Systems Earnings release: Q2 2026
Cadence Design Systems released its Q2 2026 earnings on July 27, 2026, summarizing the period's financial results.
Cadence Design Systems Quarterly report: Q2 2026
Cadence Design Systems has published its Q2 2026 quarterly earnings report on July 27, 2026.
Cadence raises annual forecasts as demand booms for AI chip design
Cadence Design Systems raised its annual revenue and profit forecasts on Monday, banking on robust demand for its AI-powered chip and system design software.
Cadence Reports Second Quarter 2026 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced results for the second quarter of 2026.
Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
The semiconductor market, which has significantly outperformed the broader market in 2026 is seeing a pullback in July. The factors driving this rise include aggressive profit-taking, valuation concer...
Semiconductor ETFs Surge Ahead of Intel Earnings
Semiconductor exchange-traded funds have gained more than 25% this year. Intel Corporation's (INTC) second-quarter earnings report after today's close could test whether that rally continues.
Cadence Design falls -9.5%
Cadence Design (CDNS) is down -9.5%, or -$34.72 to $329.93.
Mizuho says buy Cadence, Synopsys on the dip, argues AI ‘not replacing EDA’
Mizuho analyst Siti Panigrahi notes shares of Cadence Design (CDNS) and Synopsys (SNPS) are down 10% following headlines that Moonshot’s Kimi K3 autonomously designed a functional chip in a 48-hour…
Cadence Design falls -9.3%
Cadence Design (CDNS) is down -9.3%, or -$34.04 to $330.61.
Rapidus and Cadence Partner on Agentic AI for Advanced SoC Design
TOKYO & SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #AIforDesign--Rapidus Corporation and Cadence (Nasdaq: CDNS) today announced a collaboration to advance agentic AI for advanced-node system-on-chip ...
Chip design software dubbed a $3.7 billion opportunity: 2 stocks poised to benefit
The global semiconductor boom has hit a critical bottleneck in 2026 – a severe shortage of skilled chip design engineers. Tech giants are increasingly struggling to source human talent as they race to...
Cadence rolls out AI agent to speed circuit board, chip packaging design
Cadence Design Systems on Wednesday launched an artificial-intelligence "super agent" that designs printed circuit boards and chip packages, extending the company's push to automate more of the engin...
Cadence Introduces AuraStack AI Super Agent, the World's First Agentic AI Platform for PCB and Advanced Packaging
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #AIforDesign--Cadence (Nasdaq: CDNS) today introduced the AuraStack™ AI Super Agent on Cadence® Allegro® AI Studio, the world's first agentic AI platform fo...
Cadence Design initiated with a Buy at Benchmark
Benchmark initiated coverage of Cadence Design (CDNS) with a Buy rating and $450 price target The firm says the electronic design automation software sector “possess all the traits investors want,”…