Cadence Design Systems Inc
$ 339.24
0.24%
07 Aug - close price
- Market Cap 93,424,312,000 USD
- Current Price $ 339.24
- High / Low $ 348.12 / 335.58
- Stock P/E 67.31
- Book Value 24.90
- EPS 5.04
- Next Earning Report -
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA 0.11 %
- ROE 0.23 %
- 52 Week High 416.69
- 52 Week Low 262.75
About
Cadence Design Systems, Inc., headquartered in San Jose, California, is an American multinational computational software company. The company produces software, hardware and silicon structures for designing integrated circuits, systems on chips (SoCs) and printed circuit boards.
Analyst Target Price
$403.67
Quarterly Earnings
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-07-27 | 2026-04-27 | 2026-02-17 | 2025-10-27 | 2025-07-28 | 2025-04-28 | 2025-02-18 | 2024-10-28 | 2024-07-22 | 2024-04-22 | 2024-02-12 | 2023-10-23 |
| Reported EPS | 1.58 | 1.96 | 1.99 | 1.93 | 1.65 | 1.57 | 1.88 | 1.64 | 1.28 | 1.17 | 1.38 | 1.26 |
| Estimated EPS | 1.62 | 1.89 | 1.91 | 1.79 | 1.56 | 1.5 | 1.8223 | 1.44 | 1.23 | 1.13 | 1.33 | 1.22 |
| Surprise | -0.04 | 0.07 | 0.08 | 0.14 | 0.09 | 0.07 | 0.0577 | 0.2 | 0.05 | 0.04 | 0.05 | 0.04 |
| Surprise Percentage | -2.4691% | 3.7037% | 4.1885% | 7.8212% | 5.7692% | 4.6667% | 3.1663% | 13.8889% | 4.065% | 3.5398% | 3.7594% | 3.2787% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: CDNS
2026-08-08 18:37:22
Cadence Design Systems (CDNS) reported strong Q2 2026 results with increased revenue and net income, leading to a raised full-year outlook. Despite short-term share price fluctuations, the company's long-term returns have been substantial. Simply Wall St's analysis suggests CDNS is 14.3% undervalued, yet its current P/E ratio is significantly higher than industry and peer averages, indicating high market expectations.
2026-08-08 16:07:23
Despite Cadence Design Systems (CDNS) raising its full-year 2026 revenue growth target to 19% and reporting a record $8.1 billion backlog, its stock is trading 19% below its peak. TIKR's model suggests a fair value of $591, implying a 74% upside from the current price, indicating the market may be underestimating the company's accelerating growth and strong fundamentals. Analyst consensus also points to an average price target of $404, further supporting a positive outlook for CDNS.
2026-08-08 15:21:21
Coherent (COHR) stock jumped 13% on August 7th due to a drafted FCC ban on new Chinese optical transceivers, which could funnel a significant portion of a $26 billion market towards Western suppliers like Coherent. TIKR's mid-case model values Coherent stock at $1,234 by mid-2030, representing a 225% total return, or 35% annualized, driven by this policy shift. However, the stock's current high valuation and upcoming earnings report pose risks if the ban softens or earnings disappoint.
2026-08-08 10:08:44
This Yahoo Finance page provides a comprehensive overview of Synopsys, Inc. (SNPS) stock, including its current price, news headlines, and historical performance data. The stock closed at 415.99 USD with a 2.47% increase, though it slightly dipped after hours. The article also lists recent news regarding Synopsys's role in the AI chip design industry and its market performance.
2026-08-08 08:37:21
CoreCap Advisors LLC significantly reduced its stake in Cadence Design Systems (NASDAQ:CDNS) by 74.8% in the second quarter, selling 6,668 shares and retaining 2,243 shares valued at $842,000. Despite this, institutional investors still collectively own 84.85% of the company, and Wall Street analysts maintain a "Moderate Buy" rating with an average price target of $405.69. The company recently reported strong quarterly earnings, beating EPS estimates and showing a 24.2% year-over-year revenue increase.
2026-08-08 07:37:24
Assenagon Asset Management S.A. has increased its stake in Cadence Design Systems (NASDAQ:CDNS) by 5.0% in the second quarter, bringing its total holdings to 235,329 shares valued at approximately $88.3 million. Despite recent insider selling totaling over $54 million, analysts maintain a "Moderate Buy" consensus with an average price target of $405.69, following strong Q2 earnings where the company beat EPS estimates and saw a 24.2% year-over-year revenue increase.
