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Cadence Design Systems, Inc. (CDNS)

267.42 -21.77 (-7.53%)
As of 2:59:26 PM EST. Market Open.
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News headlines Cadence Design Systems (CDNS) faces challenges amid a sector-wide sell-off, with a recent 8.1% decline in its stock price. Upcoming earnings on February 17, 2026, are expected to show an EPS of $1.90, but analysts have revised estimates downward, leading to a Zacks Rank of #4 (Sell).

Cadence Design Systems (CDNS) faces challenges amid a sector-wide sell-off, with a recent 8.1% decline in its stock price. Upcoming earnings on February 17, 2026, are expected to show an EPS of $1.90, but analysts have revised estimates downward, leading to a Zacks Rank of #4 (Sell).

Updated 8m ago · Powered by Yahoo Scout
  • Previous Close 289.19
  • Open 283.83
  • Bid 265.75 x 100
  • Ask 265.01 x 100
  • Day's Range 262.75 - 285.76
  • 52 Week Range 221.56 - 376.45
  • Volume 3,862,144
  • Avg. Volume 1,769,249
  • Market Cap (intraday) 72.869B
  • Beta (5Y Monthly) 1.00
  • PE Ratio (TTM) 68.92
  • EPS (TTM) 3.88
  • Earnings Date Feb 17, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 379.59

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and performing sign-off checks for manufacturing; and Innovus implementation system, a digital IC design and signoff solution. In addition, the company offers custom IC design and simulation, such as Virtuoso Studio, a solution platform for custom, analog, mixed-signal, photonics, and RF semiconductors; and system design and analysis products, a Multiphysics platform that helps in design and simulate electronics and entire systems in electromagnetic, thermal, structure, computational fluid dynamics, molecular, PCB and packaging, mechanical, and structural analysis. Further, it provides semiconductor IP product for design architectures; Functional Verification; digital ic design and signoff; EDA product that addresses the design and verification for semiconductor chips and manufacturing process technologies; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. It serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

www.cadence.com

12,700

Full Time Employees

December 31

Fiscal Year Ends

Performance Overview: CDNS

Trailing total returns as of 2/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

CDNS
14.45%
S&P 500 (^GSPC)
0.68%

1-Year Return

CDNS
10.35%
S&P 500 (^GSPC)
14.97%

3-Year Return

CDNS
43.89%
S&P 500 (^GSPC)
66.61%

5-Year Return

CDNS
98.35%
S&P 500 (^GSPC)
79.94%

Earnings Trends: CDNS

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY25
Revenue 1.34B
Earnings 528.21M

Q4

FY24

Q1

FY25

Q2

FY25

Q3

FY25

0
500M
1B
 

Analyst Insights: CDNS

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Analyst Price Targets

275.00
379.59 Average
267.42 Current
410.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 12/22/2025
Analyst Needham
Rating Action Reiterates
Rating Buy
Price Action Maintains
Price Target 390 -> 390
 

Statistics: CDNS

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Valuation Measures

Annual
As of 1/30/2026
  • Market Cap

    80.67B

  • Enterprise Value

    80.40B

  • Trailing P/E

    76.38

  • Forward P/E

    37.31

  • PEG Ratio (5yr expected)

    2.97

  • Price/Sales (ttm)

    15.56

  • Price/Book (mrq)

    15.52

  • Enterprise Value/Revenue

    15.42

  • Enterprise Value/EBITDA

    44.62

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    20.35%

  • Return on Assets (ttm)

    11.09%

  • Return on Equity (ttm)

    21.74%

  • Revenue (ttm)

    5.21B

  • Net Income Avi to Common (ttm)

    1.06B

  • Diluted EPS (ttm)

    3.88

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.93B

  • Total Debt/Equity (mrq)

    47.69%

  • Levered Free Cash Flow (ttm)

    1.38B

Compare To: CDNS

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Company Insights: CDNS

Fair Value

267.42 Current
 

Dividend Score

0 Low
Sector Avg.
100 High
 

Hiring Score

0 Low
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
Sector Avg.
100 High
 

Research Reports: CDNS

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  • Raising target price to $360.00

    Cadence Design Systems Inc has an Investment Rating of BUY; a target price of $360.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of High.

    Rating
    Price Target
     
  • Lowering target price to $347.00

    Cadence Design Systems Inc has an Investment Rating of BUY; a target price of $347.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $365.00

    Cadence Design Systems Inc has an Investment Rating of BUY; a target price of $365.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of High.

    Rating
    Price Target
     
  • Lowering target price to $355.00

    Cadence Design Systems Inc has an Investment Rating of BUY; a target price of $355.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of High.

    Rating
    Price Target
     

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