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Outlook: 50.0% bullish·25.0% bearish
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CDNS:NASDAQ
Cadence Design Systems Inc
$324.17
-0.77%
(-2.53) 1D
$323.50
-0.21% (-0.67)
After hours
Closed: Sep 29, 4:00:01 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for CDNS...
Open
$321.20
High
$324.25
Low
$314.00
Mkt. cap
89.27B
Avg. vol.
2.50M
Volume
2.63M
P/E ratio
64.50
52-wk high
$416.69
52-wk low
$262.75
EPS
$5.03
Beta
1.14
Shares outstanding
275.39M
No. of employees
14K
Open
$321.20
High
$324.25
Low
$314.00
Mkt. cap
89.27B
Avg. vol.
2.50M
Volume
2.63M
P/E ratio
64.50
52-wk high
$416.69
52-wk low
$262.75
EPS
$5.03
Beta
1.14
Shares outstanding
275.39M
No. of employees
14K
News stories
From web sources and news partners
Profile
Cadence Design Systems, Inc. is an American multinational technology and computational software company headquartered in San Jose, California. Initially specialized in electronic design automation software for the semiconductor industry, the company currently makes software and hardware for designing products such as integrated circuits, systems on chips, printed circuit boards, as well as develops large-scale molecular modelling applications and toolkits for pharmaceutical drug developers. The company also licenses intellectual property for the electronics, aerospace, defense and automotive industries. Wikipedia
About Cadence Design Systems Inc
CEOLip-Bu Tan | Anirudh Devgan
Employees13.8K
Founded1988
HeadquartersSan Jose, California, United States
SectorApplication software
Websitecadence.com
Analyst ratings
Based on 17 analysts giving stock ratings to CDNS in the past 3 months
Strong buy
Buy
15
Hold
2
Sell
0
12-month forecast
Based on 17 Wall Street analysts offering 12 month price targets for CDNS in the last 3 months.
Highest
Current $324.17
$470.00 (+44.99%)
Average
$409.44 (+26.30%)
Lowest
$300.00 (-7.46%)
Analyst
Recommendation
Action
Price target
Projected
Date
Siti Panigrahi
Mizuho Securities
Buy
Reiterated
-
-
09/23/2026
Shebly Seyrafi
FBN Securities
Buy
Initiated
$375.00
+15.7%
09/11/2026
Ruben Roy
Stifel Nicolaus
Buy
Maintained
$432.00
+33.3%
08/28/2026
Vivek Arya
Bank of America Securities
Buy
Reiterated
$420.00
+29.6%
08/19/2026
Harlan Sur
J.P. Morgan
Buy
Reiterated
$405.00
+24.9%
07/28/2026
Nay Soe Naing
Berenberg Bank
Buy
Maintained
$440.00
+35.7%
07/28/2026
Edward Yang
Oppenheimer
Hold
Maintained
$300.00
-7.5%
07/28/2026
Blair Abernethy
Rosenblatt Securities
Buy
Maintained
$420.00
+29.6%
07/28/2026
Joseph Quatrochi
Wells Fargo
Buy
Maintained
$425.00
+31.1%
07/28/2026
Lee Simpson
Morgan Stanley
Buy
Maintained
$400.00
+23.4%
07/29/2026
Gary Mobley
StoneX
Buy
Reiterated
$450.00
+38.8%
07/28/2026
Clarke Jeffries
Piper Sandler
Hold
Reiterated
$349.00
+7.7%
07/28/2026
Joseph Vruwink
Robert W. Baird
Buy
Maintained
$420.00
+29.6%
07/28/2026
Charles Shi
Needham
Buy
Reiterated
$400.00
+23.4%
07/28/2026
Kelsey Chia
Citi
Buy
Maintained
$420.00
+29.6%
07/29/2026
Jason Celino
KeyBanc
Buy
Reiterated
$425.00
+31.1%
07/28/2026
James Schneider
Goldman Sachs
Buy
Maintained
$470.00
+45%
07/27/2026
Unknown Analyst
Benchmark Co.
Buy
Initiated
$450.00
+38.8%
07/15/2026
Unknown Analyst
Mizuho Securities
Buy
Reiterated
-
-
05/19/2026
Unknown Analyst
Berenberg Bank
Buy
Maintained
$380.00
+17.2%
02/18/2026
Last report
Jul 27, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$2.11 / $2.06
+2.66%beat
Revenue / Est. (USD)
1.58B / 1.58B
+0.53%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
1.34B
1.44B
1.47B
1.58B
Cost of goods sold
182.20M
188.75M
214.55M
239.32M
Cost of revenue
182.20M
188.75M
214.55M
239.32M
Research and development expenses
423.03M
464.58M
508.44M
531.27M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
253.60M
302.50M
293.20M
326.78M
Operating expense
686.86M
778.66M
821.85M
892.37M
Total operating expenses
869.05M
967.42M
1.04B
1.13B
Operating income
469.78M
472.70M
437.82M
452.76M
Other non operating income
-434.00K
-988.00K
-536.00K
886.00K
EBT including unusual items
392.78M
492.96M
428.10M
510.23M
EBT excluding unusual items
445.94M
453.30M
423.50M
429.36M
Income tax expense
105.66M
104.82M
92.44M
143.16M
Effective tax rate
26.90%
21.26%
21.59%
28.06%
Other operating expenses
-
-
-
-
Net income
287.12M
388.14M
335.66M
367.08M
Net profit margin
21.45%
26.95%
22.77%
23.17%
Earnings per share
1.93
1.99
1.96
2.11
Interest and investment income
24.63M
24.76M
18.26M
9.94M
Interest expense
-29.04M
-29.44M
-31.61M
-35.14M
Net interest expenses
-4.41M
-4.68M
-13.35M
-25.20M
Depreciation and amortization charges
-
-
-
-
EBITDA
526.46M
537.26M
522.45M
569.75M
Gain or loss from assets sale
14.52M
-46.95M
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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