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CDNS:NASDAQ
Cadence Design Systems Inc
$329.51
+0.49%
(+1.62) 1D
$331.48
+0.60% (+1.97)
After hours
Closed: Nov 2, 4:00:01 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for CDNS...
Open
$330.02
High
$333.00
Low
$323.48
Mkt. cap
90.41B
Avg. vol.
2.48M
Volume
2.24M
P/E ratio
65.51
52-wk high
$416.69
52-wk low
$262.75
EPS
$5.03
Beta
1.13
Shares outstanding
274.38M
No. of employees
14K
Open
$330.02
High
$333.00
Low
$323.48
Mkt. cap
90.41B
Avg. vol.
2.48M
Volume
2.24M
P/E ratio
65.51
52-wk high
$416.69
52-wk low
$262.75
EPS
$5.03
Beta
1.13
Shares outstanding
274.38M
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
Analyst ratings
Based on 13 analysts giving stock ratings to CDNS in the past 3 months
Strong buy
Buy
13
Hold
0
Sell
0
12-month forecast
Based on 13 Wall Street analysts offering 12 month price targets for CDNS in the last 3 months.
Highest
Current $329.51
$470.00 (+42.64%)
Average
$423.50 (+28.52%)
Lowest
$375.00 (+13.81%)
Analyst
Recommendation
Action
Price target
Projected
Date
James Schneider
Goldman Sachs
Buy
Maintained
$470.00
+42.6%
10/26/2026
Vivek Arya
Bank of America Securities
Buy
Reiterated
$420.00
+27.5%
10/27/2026
Blair Abernethy
Rosenblatt Securities
Buy
Maintained
$425.00
+29%
10/27/2026
Ruben Roy
Stifel Nicolaus
Buy
Maintained
$432.00
+31.1%
10/27/2026
Charles Shi
Needham
Buy
Maintained
$430.00
+30.5%
10/27/2026
Joseph Quatrochi
Wells Fargo
Buy
Maintained
$425.00
+29%
10/26/2026
Harlan Sur
J.P. Morgan
Buy
Reiterated
$420.00
+27.5%
10/27/2026
Joseph Vruwink
Robert W. Baird
Buy
Maintained
$440.00
+33.5%
10/27/2026
Jason Celino
KeyBanc
Buy
Reiterated
$425.00
+29%
10/27/2026
Lee Simpson
Morgan Stanley
Buy
Reiterated
$400.00
+21.4%
10/27/2026
Gianmarco Conti
Deutsche Bank
Buy
Maintained
$420.00
+27.5%
10/07/2026
Siti Panigrahi
Mizuho Securities
Buy
Reiterated
-
-
09/23/2026
Shebly Seyrafi
FBN Securities
Buy
Initiated
$375.00
+13.8%
09/11/2026
Nay Soe Naing
Berenberg Bank
Buy
Maintained
$440.00
+33.5%
07/28/2026
Edward Yang
Oppenheimer
Hold
Maintained
$300.00
-9%
07/28/2026
Gary Mobley
StoneX
Buy
Reiterated
$450.00
+36.6%
07/28/2026
Clarke Jeffries
Piper Sandler
Hold
Reiterated
$349.00
+5.9%
07/28/2026
Kelsey Chia
Citi
Buy
Maintained
$420.00
+27.5%
07/29/2026
Unknown Analyst
Benchmark Co.
Buy
Initiated
$450.00
+36.6%
07/15/2026
Unknown Analyst
Mizuho Securities
Buy
Reiterated
-
-
05/19/2026
Unknown Analyst
Berenberg Bank
Buy
Maintained
$380.00
+15.3%
02/18/2026
Last report
Oct 26, 2026
Fiscal period
Q3 2026
$2.11 / $2.05
+2.77%beat
Revenue / Est. (USD)
1.63B / 1.62B
+1.13%beat
Fiscal Q3 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
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
1.44B
1.47B
1.58B
1.63B
Cost of goods sold
188.75M
214.55M
239.32M
235.62M
Cost of revenue
188.75M
214.55M
239.32M
235.62M
Research and development expenses
464.58M
508.44M
531.27M
537.54M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
302.50M
293.20M
326.78M
353.90M
Operating expense
778.66M
821.85M
892.37M
925.22M
Total operating expenses
967.42M
1.04B
1.13B
1.16B
Operating income
472.70M
437.82M
452.76M
472.48M
Other non operating income
-988.00K
-536.00K
886.00K
-298.00K
EBT including unusual items
492.96M
428.10M
510.23M
408.34M
EBT excluding unusual items
453.30M
423.50M
429.36M
449.34M
Income tax expense
104.82M
92.44M
143.16M
118.59M
Effective tax rate
21.26%
21.59%
28.06%
29.04%
Other operating expenses
-
-
-
-
Net income
388.14M
335.66M
367.08M
289.75M
Net profit margin
26.95%
22.77%
23.17%
17.74%
Earnings per share
1.99
1.96
2.11
2.11
Interest and investment income
24.76M
18.26M
9.94M
9.22M
Interest expense
-29.44M
-31.61M
-35.14M
-30.38M
Net interest expenses
-4.68M
-13.35M
-25.20M
-21.16M
Depreciation and amortization charges
-
-
-
-
EBITDA
537.26M
522.45M
569.75M
591.02M
Gain or loss from assets sale
-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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