Cadence Design Systems, Inc. CDNS
At closeNov 3, 2026, 6:02 PM EST
After hours · Nov 3, 6:02 PM ET
- YTD
- +3.57%
- 1 year
- -3.48%
- Market cap
- 88.83B
- Revenue (ttm)
- 6.13B
- Profit margin
- 22.51%
- EPS (ttm)
- 5.03
- Shares out
- 274.38M
- P/E ratio
- 64.36
- Forward P/E
- 32.88
- YTD return
- +3.57%
- 1-year return
- -3.48%
- Volume
- 2.34M
- Avg volume
- 2.40M
- Open
- 322.79
- Previous close
- 329.51
- Day's range
- 310.00 – 325.99
- 52-week range
- 262.75 – 416.69
- Beta
- 1.10
- Analysts
- Strong Buy
- Price target
- 411.76 (+27.2%)
- Earnings date
- Feb 16, 2027
5D -11.37 (-3.39%)
Key statistics
- Enterprise value
- 91.68B
- PEG ratio
- 2.44
- Price / sales
- 14.49
- Price / book
- 12.92
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 22.00%
- Free cash flow
- 1.75B
- Total cash
- 1.54B
- Total debt
- 2.81B
- Return on equity
- 22.87%
- Short % of float
- 2.04%
- 50-day average
- 320.74
- 200-day average
- 327.58
Analyst view
Consensus: strong buy
- Target (low)
- 300.00
- Target (mean)
- 411.76
- Target (high)
- 470.00
- Strong buy4
- Buy18
- Hold2
- Sell0
- Strong sell0
Next earnings
Feb 16, 2027
Expected Feb 16, 2027. Consensus EPS estimate 2.23.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 16, 2027 | Dec 30, 2026 | 2.23 | — | — | — |
| Oct 26, 2026 | Sep 30, 2026 | 2.05 | 2.11 | +0.06 | +2.93% |
| Jul 27, 2026 | Jun 30, 2026 | 2.05 | 2.11 | +0.06 | +2.93% |
| Apr 27, 2026 | Mar 31, 2026 | 1.91 | 1.96 | +0.05 | +2.62% |
| Feb 17, 2026 | Dec 31, 2025 | 1.91 | 1.99 | +0.08 | +4.19% |
| Oct 27, 2025 | Sep 30, 2025 | 1.79 | 1.93 | +0.14 | +7.82% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 27, 2026 | Rosenblatt | main | Buy | Buy |
| Oct 27, 2026 | JP Morgan | main | Overweight | Overweight |
| Oct 27, 2026 | Baird | main | Outperform | Outperform |
| Oct 27, 2026 | Needham | main | Buy | Buy |
| Oct 23, 2026 | Rosenblatt | main | Buy | Buy |
| Jul 28, 2026 | B of A Securities | main | Buy | Buy |
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
News
Can Cadence's AI Momentum Offset Margin Pressure and Rich Valuation?
Cadence's Raised 2026 Outlook Tests the Strength of Its AI Demand
Cadence Design Systems, Inc. $CDNS Shares Acquired by International Assets Investment Management LLC
Here’s How Much You Would Have Made Owning Cadence Design Systems Stock In The Last 10 Years
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Cadence Joins the Genesis Mission Consortium to Advance AI-Driven Scientific Discovery and Microelectronics Innovation Rosenblatt Maintains Buy on Cadence Design Systems, Raises Price Target to $425
JP Morgan Maintains Overweight on Cadence Design Systems, Raises Price Target to $420
Cadence Q3 Earnings Beat Estimates on AI Demand, Outlook Raised
Cadence Q3 Earnings Call Highlights AI Expansion and Higher Outlook
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| CUNNINGHAM PAUL ALEXANDER | Officer | Sale | Sep 14, 2026 | 121,793 |
| DEVGAN ANIRUDH | Chief Executive Officer | Sale | Jun 1, 2026 | 253,519 |
| NISEWANER KARNA | General Counsel | Sale | Mar 16, 2025 | 23,941 |
| PLUMMER JAMES D | Director | Sale | Jun 10, 2026 | 0 |
| SANGIOVANNI VINCENTELLI ALBERTO | Director | Sale | Sep 30, 2026 | 39,544 |
| SCANNELL PAUL | Officer | Sale | Aug 25, 2026 | 31,720 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 9.72% | 26,660,845 | 8.63B | Jun 29, 2026 |
| Vanguard Capital Management LLC | 6.57% | 18,016,381 | 5.83B | Jun 29, 2026 |
| State Street Corporation | 4.75% | 13,031,391 | 4.22B | Jun 29, 2026 |
| FMR, LLC | 3.48% | 9,554,947 | 3.09B | Jun 29, 2026 |
| Invesco Ltd. | 3.27% | 8,980,518 | 2.91B | Jun 29, 2026 |
| JPMORGAN CHASE & CO | 2.87% | 7,865,907 | 2.55B | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.19% | 8,756,387 | 2.83B | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 2.61% | 7,147,806 | 2.31B | Jun 29, 2026 |
| Invesco QQQ Trust, Series 1 | 2.10% | 5,752,238 | 1.86B | Sep 29, 2026 |
| VanEck ETF Trust-VanEck Semiconductor ETF | 1.58% | 4,326,859 | 1.40B | Sep 29, 2026 |
| iShares Trust-iShares Core S&P 500 ETF | 1.34% | 3,669,860 | 1.19B | Sep 29, 2026 |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 1.30% | 3,580,340 | 1.16B | Aug 30, 2026 |
