Cadence Design Systems Inc
$ 373.59
4.22%
22 May - close price
- Market Cap 103,042,097,000 USD
- Current Price $ 373.59
- High / Low $ 381.55 / 361.54
- Stock P/E 86.88
- Book Value 23.79
- EPS 4.30
- Next Earning Report 2026-07-27
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA 0.10 %
- ROE 0.21 %
- 52 Week High 381.55
- 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
$379.55
Quarterly Earnings
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 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 | 2023-07-24 |
| Reported EPS | 1.96 | 1.99 | 1.93 | 1.65 | 1.57 | 1.88 | 1.64 | 1.28 | 1.17 | 1.38 | 1.26 | 1.22 |
| Estimated EPS | 1.89 | 1.91 | 1.79 | 1.56 | 1.5 | 1.8223 | 1.44 | 1.23 | 1.13 | 1.33 | 1.22 | 1.19 |
| Surprise | 0.07 | 0.08 | 0.14 | 0.09 | 0.07 | 0.0577 | 0.2 | 0.05 | 0.04 | 0.05 | 0.04 | 0.03 |
| Surprise Percentage | 3.7037% | 4.1885% | 7.8212% | 5.7692% | 4.6667% | 3.1663% | 13.8889% | 4.065% | 3.5398% | 3.7594% | 3.2787% | 2.521% |
Next Quarterly Earnings
| Jun 2026 | |
|---|---|
| Reported Date | 2026-07-27 |
| Fiscal Date Ending | 2026-06-30 |
| Estimated EPS | 2.05 |
| Currency | USD |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: CDNS
2026-05-26 09:43:15
Legal & General Group Plc increased its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 1.1% in the fourth quarter, holding shares valued at $620.9 million. Cadence Design Systems reported strong quarterly results with EPS of $1.96 and revenue of $1.47 billion, slightly exceeding analyst expectations. Analysts generally maintain a "Moderate Buy" rating for the stock, with an average price target of $380.59.
2026-05-25 09:03:21
HighTower Advisors LLC reduced its stake in Cadence Design Systems (NASDAQ:CDNS) by 5.8% in the fourth quarter, selling 3,130 shares and retaining 50,958 shares valued at approximately $15.9 million. Cadence Design Systems reported strong quarterly results with earnings of $1.96 per share and revenue of $1.47 billion, exceeding analyst estimates. The company also provided optimistic FY2026 guidance, and remains a "Moderate Buy" among analysts with a consensus price target of $380.59.
2026-05-24 20:09:58
Synopsys is cutting approximately 2,000 employees, about 10% of its global workforce, following the $35 billion acquisition of Ansys. This restructuring, impacting general-and-administrative functions, IT, regional sales, and mid-tier engineering, aims to eliminate organizational redundancy and integrate Ansys's operations more efficiently. Despite record revenues, the company is streamlining its workforce to achieve synergy targets and position itself as a leading AI system design platform.
2026-05-24 14:09:27
The First Trust Growth Strength ETF (FTGS) tracks an equal-weighted index of 50 large-cap US companies known for strong market positions and growth potential. The ETF, launched in October 2022 and managed by First Trust, has seen its stock price increase by 2.2% this year, trading at $36.13 as of May 8, 2026. Major institutional investors include Assetmark Inc. and Park National Corp OH.
2026-05-23 09:51:16
Global Retirement Partners LLC significantly increased its stake in Cadence Design Systems (CDNS) by 336.3% during the fourth quarter, now holding 10,563 shares valued at $3.3 million. Wall Street analysts maintain a "Moderate Buy" rating for CDNS with a consensus price target of $380.59, and the company recently surpassed Q4 earnings estimates, reporting $1.96 EPS and $1.47 billion in revenue, while also raising its fiscal 2026 guidance. Insider selling activity was also noted, with executives selling shares totaling over $13 million in the last 90 days.
2026-05-23 06:33:15
Cadence Design Systems (NASDAQ:CDNS) has received a consensus "Moderate Buy" rating from seventeen brokerages, with an average 12-month price target of $380.59. Analysts like Citigroup, KeyCorp, and Wells Fargo recently raised their price targets. The company exceeded Q1 earnings expectations with $1.96 EPS and $1.47 billion in revenue, and provided strong FY 2026 guidance.
