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CDNS

Cadence Design Systems, Inc.

Technology · USD

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Price alert · CDNS

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327.89 USD -14.86 -4.34%
As of Oct 30, 2026 Extended hours 328.60 +0.22%
Bid
327.87 × 1
Ask
328.03 × 1
322.25 Day range 337.98
265.66 52-week range 416.39
YTD
+4.90%
1 year
-2.44%
Open
334.99
Prev close
342.75
Mkt cap
89.97B
Vol
2.07M
Avg vol
2.39M
EPS
5.03
P/E
65.19
Div yield
0.00%
More statistics
Low
322.25
High
337.98
Forward P/E
32.85
Beta
1.13
Short ratio
2.30
Inst. own
91.82%
Dividend
0.00
Ex-div date
Earnings
Feb 16, 2027
50-d avg
320.24
200-d avg
327.46
1y target
411.76

5D chart

Chart tools
Interval
CDNS five-day price chart315.4323.7332.1340.4348.8Oct 26Oct 27Oct 28Oct 29Oct 30

Key statistics

Market cap
88.74B
Enterprise value
95.31B
Trailing P/E
64.30
Forward P/E
32.85
PEG ratio
2.54
Price / sales
14.47
Price / book
12.91
EPS (TTM)
5.03
Beta
1.13
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
22.51%
Revenue (TTM)
6.13B
Revenue growth
22.00%
Free cash flow
1.75B
Total cash
1.54B
Total debt
2.81B
Return on equity
22.87%
Shares outstanding
274.38M
Short % of float
2.04%
50-day average
320.24
200-day average
327.46

Analyst view

Consensus: strong buy

Strong buy
Price target (mean) 411.76 +25.6% upside
Target (low)
300.00
Target (mean)
411.76
Target (high)
470.00
Ratings (0m) 24 22 buy · 2 hold · 0 sell
  • Strong buy4
  • Buy18
  • Hold2
  • Sell0
  • Strong sell0

Next earnings

Feb 16, 2027

Expected Feb 16, 2027. Consensus EPS estimate 2.23.

Earnings history

Financials — quick view

All financials
CDNS Revenue — quarterly 1.63B
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
CDNS Net income — quarterly 289.75M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
CDNS EPS — quarterly 1.06
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026

Earnings

CDNS recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 16, 2027Dec 30, 20262.23———
Oct 26, 2026Sep 30, 20262.052.11+0.06+2.93%
Jul 27, 2026Jun 30, 20262.052.11+0.06+2.93%
Apr 27, 2026Mar 31, 20261.911.96+0.05+2.62%
Feb 17, 2026Dec 31, 20251.911.99+0.08+4.19%
Oct 27, 2025Sep 30, 20251.791.93+0.14+7.82%

Upgrades / downgrades

CDNS analyst upgrades and downgrades
DateFirmActionFromTo
Oct 27, 2026RosenblattmainBuyBuy
Oct 27, 2026JP MorganmainOverweightOverweight
Oct 27, 2026BairdmainOutperformOutperform
Oct 27, 2026NeedhammainBuyBuy
Oct 23, 2026RosenblattmainBuyBuy
Jul 28, 2026B of A SecuritiesmainBuyBuy

About Cadence Design Systems, Inc.

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 Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI Express, universal accelerator and compute express links, and multiple memory interfaces; and Tensilica, a digital signal processor. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.

Sector
Technology
Industry
Software - Application
Country
United States
Website
cadence.com

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Insider holders

CDNS insider holders
InsiderRelationLatest transactionDateShares held
CUNNINGHAM PAUL ALEXANDEROfficerSaleSep 14, 2026121,793
DEVGAN ANIRUDHChief Executive OfficerSaleJun 1, 2026253,519
NISEWANER KARNAGeneral CounselSaleMar 16, 202523,941
PLUMMER JAMES DDirectorSaleJun 10, 20260
SANGIOVANNI VINCENTELLI ALBERTODirectorSaleSep 30, 202639,544
SCANNELL PAULOfficerSaleAug 25, 202631,720

Institution ownership

CDNS institution ownership
Holder% heldSharesValueReported
Blackrock Inc.9.72%26,660,8458.62BJun 29, 2026
Vanguard Capital Management LLC6.57%18,016,3815.83BJun 29, 2026
State Street Corporation4.75%13,031,3914.21BJun 29, 2026
FMR, LLC3.48%9,554,9473.09BJun 29, 2026
Invesco Ltd.3.27%8,980,5182.90BJun 29, 2026
JPMORGAN CHASE & CO2.87%7,865,9072.54BJun 29, 2026

Fund ownership

CDNS fund ownership
Holder% heldSharesValueReported
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.19%8,756,3872.83BJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard 500 Index Fund2.61%7,147,8062.31BJun 29, 2026
Invesco QQQ Trust, Series 12.10%5,752,2381.86BSep 29, 2026
VanEck ETF Trust-VanEck Semiconductor ETF1.58%4,326,8591.40BSep 29, 2026
iShares Trust-iShares Core S&P 500 ETF1.34%3,669,8601.19BSep 29, 2026
Fidelity Concord Street Trust-Fidelity 500 Index Fund1.30%3,580,3401.16BAug 30, 2026
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