Compare

Cadence Design Systems/$CDNS

1D1W1M3M6MYTD1Y5YMAX

About Cadence Design Systems

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.
Ticker
$CDNS
Sector
Software & Cloud Services
Primary listing
NASDAQ
Employees
13,800

CDNS Metrics

BasicAdvanced
$97B
70.15
$5.03
1.14
-

What the Analysts think about CDNS

Analyst ratings (Buy, Hold, Sell) for Cadence Design Systems stock.
Analyst projections of the future price of Cadence Design Systems stock.

Bulls say / Bears say

Cadence’s Q2 revenue rose to $1.584 billion from $1.275 billion a year earlier, and backlog reached $8.1 billion. It raised its 2026 revenue and earnings forecasts, giving investors stronger near-term visibility. (Cadence, Reuters)
Growth is reaching beyond core design software: Q2 core EDA revenue grew 18% year on year, IP revenue grew more than 40%, and hardware had a record quarter with 12 new customers. That breadth suggests demand is spreading across Cadence’s product lines. (Cadence)
Cadence’s expanded TSMC partnership covers certified design flows for advanced process nodes, including A14, and new IP for AI and high-performance computing. This strengthens its position as customers develop increasingly complex chips and multi-die systems. (Cadence)
The forecast upgrade depends on continued AI chip-design demand: Reuters cited that boom as the reason for the raised outlook. Cadence also warns that customer demand shifts or restructurings can delay purchases, leaving growth exposed if spending cools. (Reuters, Cadence)
Export-control and legal exposure remains a risk: Cadence flags ongoing DOJ and BIS settlement obligations, possible further government action, and potential effects on its China business and US government contracts. (Cadence)
The Hexagon D&E acquisition brings integration and balance-sheet risk. Cadence identifies challenges in integrating and operating acquired businesses, alongside increased debt and repayment obligations, as risks. (Cadence)
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2026.

CDNS Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

CDNS Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing CDNS

AllUSDEURGBP
Funds
Fund name
Fund size
$CDNS weighting
iShares MSCI USA SRI$SUAS
$3.4B1.16%
iShares MSCI USA SRI€QDVR
€2.9B1.16%
iShares MSCI USA SRI£SUUS
£2.5B1.16%
VanEck Semiconductor€VVSM
€1.9B1.09%
VanEck Semiconductor£SMGB
£1.6B1.09%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.