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Cadence Design Systems

CDNS · NASDAQ

$319.87−$5.99 (−1.84%)TodayMarket closed ·
Prev close $325.86

About CDNS

Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 13,800 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category provides solutions and services that enable the design and verification of complete electronic systems, from PCBs to complex system assemblies. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things, and artificial intelligence (AI).

Employees
13,800
Headquarters
San Jose, California
Listed
Jun 1, 1988
Sector
Information Technology
Industry
Software
Website
cadence.com

CDNS key statistics

Market cap
89.74B
Price-earnings ratio
64.78
Dividend yield
—
Average volume
2.34M
Volume
1.31M
Open price
$323.18
High today
$325.64
Low today
$316.72
52 Week high
$416.69
52 Week low
$262.75

Cadence Design Systems (CDNS) at a glance

As of Oct 20, 2026, Cadence Design Systems (CDNS) shares are priced at $319.87, giving the company a market cap of 89.74B and a price-to-earnings ratio of 64.78.

Today the stock has traded between $316.72 and $325.64. The current price is 1.0% above the day's low and 1.8% below its high.

Volume so far is 1.31M shares, below the average of 2.34M shares a day.

Over the past year Cadence Design Systems has ranged from $262.75 to $416.69, and now sits 37% of the way up that range.

Cadence Design Systems met or beat analyst EPS estimates in 8 of the last 8 quarters. In Q2 FY26 it reported $2.11 per share against an estimate of $2.10.

The average analyst price target is $412.75, 29.0% above the current price, from 13 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

85%of 13 analyst ratings say Buy
  • Buy84.6%
  • Hold7.7%
  • Sell7.7%
Price target · 28 analystsAvg $412.75
Low
$303.00
Now
$319.87
High
$493.50

CDNS earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 8 of the last 8 quarters, by 3.7% on average.

  1. Q3 FY24: reported $1.64 per share against an estimate of $1.47
  2. Q4 FY24: reported $1.88 per share against an estimate of $1.86
  3. Q1 FY25: reported $1.57 per share against an estimate of $1.52
  4. Q2 FY25: reported $1.65 per share against an estimate of $1.59
  5. Q3 FY25: reported $1.93 per share against an estimate of $1.82
  6. Q4 FY25: reported $1.99 per share against an estimate of $1.95
  7. Q1 FY26: reported $1.96 per share against an estimate of $1.94
  8. Q2 FY26: reported $2.11 per share against an estimate of $2.10

CDNS news

  • Press releaseBusiness Wire

    Socionext Expands Agentic AI to Advanced, Large-Scale SoC Physical Design

  • Press releaseBusiness Wire

    Cadence Announces Third Quarter 2026 Financial Results Webcast

  • Press releaseBusiness Wire

    Cadence Collaborates With TSMC to Deliver Certified Tool Solutions and Industry-Leading, Silicon-Proven UALink IP on TSMC Advanced Processes

  • Press releaseBusiness Wire

    Cadence Expands ChipStack AI Super Agent with a New Agent for RTL Generation and Early PPA Optimization

  • Press releaseBusiness Wire

    Cadence Tensilica IP Powers Analog Devices’ Next-Generation DSP Architecture

  • Press releaseBusiness Wire

    Cadence’s Anirudh Devgan to Present at Goldman Sachs Communacopia + Technology Conference

  • Press releaseBusiness Wire

    Cadence Subsystem for PCIe 6.0 Architecture Achieves First-Pass PCI Express Specification Compliance

  • Press releaseBusiness Wire

    Cadence to Present at Deutsche Bank Technology Conference

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.