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Cadence Design Systems, Inc. CDNS

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Price alert · CDNS

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327.89 USD -14.86 -4.34%

At close · Oct 30

328.60 +0.71 +0.22%

After hours · Oct 30, 6:41 PM ET

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

5Y chart

Chart tools
Interval

Events in this range
  • Oct 27, 2025Earnings: 1.93; estimate 1.79; surprise 7.82%
  • Feb 17, 2026Earnings: 1.99; estimate 1.91; surprise 4.19%
  • Apr 27, 2026Earnings: 1.96; estimate 1.91; surprise 2.62%
  • Jul 27, 2026Earnings: 2.11; estimate 2.05; surprise 2.93%
  • Jul 28, 2026Rating: B of A Securities · Buy → Buy
  • Oct 23, 2026Rating: Rosenblatt · Buy → Buy
  • Oct 26, 2026Earnings: 2.11; estimate 2.05; surprise 2.93%
  • Oct 27, 2026Rating: Needham · Buy → Buy
  • Oct 27, 2026Rating: Baird · Outperform → Outperform
  • Oct 27, 2026Rating: JP Morgan · Overweight → Overweight
  • Oct 27, 2026Rating: Rosenblatt · Buy → Buy
Signals (99)
NameDateAgo
SMA: BearishOct 30, 20262 days ago
SMA: BullishOct 26, 20266 days ago
SMA: BullishOct 26, 20266 days ago
MACD: Buy SignalOct 26, 20266 days ago
SMA: BearishOct 12, 20262 weeks ago
SMA: BearishOct 12, 20262 weeks ago
SMA: BullishSep 28, 20261 month ago
SMA: BullishSep 21, 20261 month ago
SMA: BearishAug 31, 20262 months ago
SMA: BullishAug 24, 20262 months ago
SMA: BearishAug 10, 20262 months ago
SMA: BullishJul 27, 20263 months ago
SMA: BearishJul 20, 20263 months ago
MACD: Sell SignalJul 20, 20263 months ago
SMA: BearishJul 13, 20263 months ago
MACD: Buy SignalApr 20, 20266 months ago
SMA: BullishApr 13, 20266 months ago
SMA: BullishApr 13, 20266 months ago
SMA: BearishJan 26, 20269 months ago
SMA: BullishJan 19, 20269 months ago
SMA: BearishJan 12, 20269 months ago
SMA: BullishJan 5, 202610 months ago
SMA: BearishDec 8, 202510 months ago
SMA: BearishDec 8, 202510 months ago
SMA: BullishDec 1, 202511 months ago
SMA: BullishDec 1, 202511 months ago
SMA: BearishNov 3, 202512 months ago
MACD: Sell SignalOct 6, 20251 year ago
SMA: BearishSep 22, 20251 year ago
SMA: BullishJun 23, 20251 year ago
SMA: BearishJun 16, 20251 year ago
SMA: BullishJun 2, 20251 year ago
SMA: BearishMay 26, 20251 year ago
MACD: Buy SignalApr 28, 20251 year ago
SMA: BullishApr 21, 20251 year ago
SMA: BullishApr 14, 20251 year ago
SMA: BearishFeb 17, 20251 year ago
MACD: Sell SignalFeb 10, 20251 year ago
SMA: BearishJan 27, 20251 year ago
SMA: BullishJan 13, 20251 year ago
SMA: BearishJan 6, 20251 year ago
SMA: BullishNov 4, 20241 year ago
MACD: Buy SignalNov 4, 20241 year ago
SMA: BullishOct 28, 20242 years ago
SMA: BearishOct 14, 20242 years ago
SMA: BullishSep 16, 20242 years ago
SMA: BearishJul 15, 20242 years ago
SMA: BearishJul 15, 20242 years ago
MACD: Sell SignalJul 15, 20242 years ago
MACD: Buy SignalJul 1, 20242 years ago
SMA: BullishJun 3, 20242 years ago
SMA: BullishJun 3, 20242 years ago
SMA: BearishMay 27, 20242 years ago
SMA: BearishApr 8, 20242 years ago
MACD: Sell SignalApr 8, 20242 years ago
RSI: OverboughtFeb 5, 20242 years ago
MACD: Buy SignalJan 15, 20242 years ago
SMA: BullishJan 8, 20242 years ago
SMA: BearishJan 1, 20242 years ago
MACD: Sell SignalJan 1, 20242 years ago
MACD: Buy SignalNov 6, 20232 years ago
SMA: BullishOct 30, 20233 years ago
SMA: BearishOct 23, 20233 years ago
SMA: BullishSep 25, 20233 years ago
SMA: BearishSep 11, 20233 years ago
SMA: BullishAug 21, 20233 years ago
SMA: BearishJul 31, 20233 years ago
MACD: Sell SignalJul 31, 20233 years ago
RSI: OverboughtMay 22, 20233 years ago
SMA: BullishMay 15, 20233 years ago
SMA: BearishMay 1, 20233 years ago
RSI: OverboughtApr 10, 20233 years ago
RSI: OverboughtMar 27, 20233 years ago
RSI: OverboughtMar 13, 20233 years ago
SMA: BullishJan 9, 20233 years ago
SMA: BullishJan 9, 20233 years ago
MACD: Buy SignalJan 9, 20233 years ago
MACD: Sell SignalJan 2, 20233 years ago
SMA: BearishDec 26, 20223 years ago
SMA: BearishDec 12, 20223 years ago
MACD: Buy SignalNov 28, 20223 years ago
SMA: BullishNov 7, 20223 years ago
SMA: BullishNov 7, 20223 years ago
SMA: BearishOct 3, 20224 years ago
MACD: Sell SignalSep 26, 20224 years ago
SMA: BearishAug 29, 20224 years ago
SMA: BullishJul 4, 20224 years ago
SMA: BullishJul 4, 20224 years ago
SMA: BearishJun 27, 20224 years ago
SMA: BearishJun 27, 20224 years ago
SMA: BullishJun 20, 20224 years ago
SMA: BullishJun 20, 20224 years ago
SMA: BearishJun 6, 20224 years ago
SMA: BullishMay 23, 20224 years ago
SMA: BearishApr 11, 20224 years ago
SMA: BullishMar 14, 20224 years ago
SMA: BearishMar 7, 20224 years ago
SMA: BullishFeb 28, 20224 years ago
RSI: OversoldFeb 14, 20224 years ago

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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