Cadence Design Systems Inc

Closed

SectorTechnology

372.9 -1.2

Overview

Share price change

24h

Current

Min

369.98

Max

376.63

Key metrics

By Trading Economics

Income

-52M

336M

Sales

34M

1.5B

P/E

Sector Avg

87.737

100.132

EPS

1.96

Profit margin

22.769

Employees

15,110

EBITDA

-47M

544M

Recommendations

By TipRanks

Recommendations

Strong Buy

12 Months Forecast

+3.06% upside

Dividends

By Acuity

Next Earnings

27 Jul 2026

Market Stats

By TradingEconomics

Market Cap

16B

104B

Previous open

374.1

Previous close

372.9

News Sentiment

By Acuity

5%

95%

2 / 370 Technology

Cadence Design Systems Inc Chart

Past performance is not a reliable indicator of future results.

Related News

2 Jul 2026, 23:06 UTC

Cadence Design Systems shares are higher in after-market hours, recovering from earlier lows. The move aligns with gains in European equity indices amid easing inflation concerns.

1 Jul 2026, 20:03 UTC

Correlated Moves

Cadence Design Systems is higher today, supported by a rise in Microsoft. The stock pulled back from an earlier high but remains up since Tuesday.

30 Jun 2026, 23:11 UTC

Cadence Design Systems shares are lower in after-market trading as investors shift away from technology stocks, reflecting increased market volatility and sector weakness.

29 Jun 2026, 19:52 UTC

Correlated Moves

Cadence Design Systems reports Q1 revenue of $1.02 billion, slightly above estimates, but shares are trading lower amid broader sector declines.

26 Jun 2026, 23:46 UTC

Correlated Moves

Cadence Design Systems shares are lower in after-market trading, reflecting broader risk-off sentiment amid inflation concerns and Synopsys Inc's recent stock decline.

25 Jun 2026, 23:31 UTC

Correlated Moves

Cadence Design Systems is higher in after-market hours, supported by a rise in Microsoft and positive economic indicators like the core PCE price index.

24 Jun 2026, 23:56 UTC

Correlated Moves

Cadence Design Systems Inc shares gained in after-market trading, reflecting a slight uptick since Wednesday's close amid broader positive trends in correlated assets.

23 Jun 2026, 22:46 UTC

Cadence Design Systems shares higher in after-market trading, despite no specific news. The stock remains below its 20-day moving average.

22 Jun 2026, 23:02 UTC

Correlated Moves

Cadence Design Systems shares are lower in after-market trading, reflecting broader tech sector pressures and rising treasury yields impacting investor sentiment.

18 Jun 2026, 20:02 UTC

Social Media
Macro Event

Cadence Design Systems shares are lower, pressured by broader Application Software weakness and recent labor market data indicating potential cooling.

17 Jun 2026, 23:02 UTC

Correlated Moves

Cadence Design Systems Inc. shares rose in after-market trading, reflecting positive market sentiment following stronger-than-expected U.S. retail sales data and broader market trends.

16 Jun 2026, 23:46 UTC

Cadence Design Systems shares are higher in after-market trading, despite no specific news. The broader market shows fluctuations amid declining housing starts data.

15 Jun 2026, 13:26 UTC

Correlated Moves
Social Media

Cadence Design Systems is higher in pre-market trading, buoyed by positive technology sector sentiment and favorable broader market trends since Friday's close.

12 Jun 2026, 19:26 UTC

Cadence Design Systems is trading higher today, reflecting a slight advance since Thursday's close amid routine movement and broader market dynamics.

11 Jun 2026, 19:44 UTC

Correlated Moves

Cadence Design Systems is rising as the Nasdaq 100 Index gains. The broader tech sector's strong performance supports Cadence's upward movement today.

10 Jun 2026, 23:11 UTC

Correlated Moves

Cadence Design Systems Inc shares are lower in after-market hours, influenced by a broader market decline amid ongoing inflation concerns and Fed rate expectations.

9 Jun 2026, 20:04 UTC

Social Media
News
Correlated Moves

Cadence Design Systems is lower today amid broader weakness in the Application Software sector, despite an expanded collaboration with Intel Foundry and a price target increase to $432.

8 Jun 2026, 23:36 UTC

Social Media
News

Cadence Design Systems expands collaboration with Intel Foundry on AI-driven design technology. Shares are trading higher in after-market hours following the announcement.

5 Jun 2026, 23:16 UTC

Correlated Moves

Cadence Design Systems shares declined in after-market trading, influenced by broader market dynamics and job growth data fueling speculation about interest rate increases.

4 Jun 2026, 23:06 UTC

Correlated Moves

Cadence Design Systems shares declined in after-market trading, following a brief uptick earlier in the session amid broader market weakness and rising unemployment claims.

3 Jun 2026, 23:31 UTC

Correlated Moves

Cadence Design Systems Inc is trading lower in after-market hours, reflecting overall market declines amid geopolitical tensions and rising oil prices.

2 Jun 2026, 23:26 UTC

Correlated Moves

Cadence Design Systems shares declined in after-market hours, reflecting the Nasdaq 100 Index's drop. The stock remains above its 20-day moving average.

1 Jun 2026, 23:46 UTC

Correlated Moves

Cadence Design Systems shares are lower in after-market hours, influenced by a decline in the Nasdaq 100 Index. The stock remains above its 20-day moving average.

29 May 2026, 23:26 UTC

Correlated Moves

Cadence Design Systems shares are lower in after-market trading, tracking a slight decline in the Nasdaq 100 Index amid mixed performances in US indices.

28 May 2026, 19:36 UTC

News

Cadence Design Systems announced a multi-year deal with Samsung Foundry to enhance Memory and Interface IP, though shares are lower today amid broader market trends.

27 May 2026, 23:16 UTC

Correlated Moves

Cadence Design Systems Inc remains roughly flat in after-hours trading. The Nasdaq 100 Index decreased, reflecting similar macroeconomic influences on both assets.

26 May 2026, 19:46 UTC

Correlated Moves
News

Wells Fargo raised its price target for Cadence Design Systems to $425, contributing to the stock's positive movement after a brief dip earlier in the session.

23 May 2026, 00:02 UTC

Social Media

Cadence Design Systems Inc shares are lower in after-market hours amid a broader market decline driven by deteriorating U.S. consumer sentiment and inflation concerns.

22 May 2026, 20:02 UTC

Social Media
News

Cadence Design Systems shares are advancing, supported by positive social media sentiment and raised price targets from analysts at BofA Securities and KeyBanc.

Peer Comparison

Price change

Cadence Design Systems Inc Forecast

Price Target

By TipRanks

3.06% upside

12 Months Forecast

Average 384.54 USD  3.06%

High 440 USD

Low 275 USD

Based on 14 Wall Street analysts offering 12 month price targets forCadence Design Systems Inc - Dist in the last 3 months.

Rating Consensus

By TipRanks

Strong Buy

14 ratings

12

Buy

2

Hold

0

Sell

Sentiment

By Acuity

2 / 370 Technology

News Sentiment

Very Strong Bullish Evidence

Volatility

Below average

News Volume (RCV)

Below average

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Cadence Design Systems Inc

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company 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 multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; 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. The company 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.
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