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CDCadence Design Systems, Inc. logo

Cadence Design Systems, Inc. (CDNS)

NASDAQ Global Select · Currency in USD
$316.49 ▲ +6.84 (+2.21%)
At close: Oct 23, 4:00 PM ET. Market closed.
$316.93 ▲ +0.44 (+0.14%)
After hours: Oct 23, 7:54 PM ET

Summary

Previous Close
$309.65
Open
$308.32
Day's Range
$305.19 – $318.15
52 Week Range
$262.75 – $416.69
Volume
2,320,977
Avg. Volume
2,399,207
Market Cap
$87.16B
Beta (5Y Monthly)
1.13
PE Ratio (TTM)
62.55
EPS (TTM)
$5.03
Earnings Date
Oct 26, 2026
Forward Dividend & Yield
--
Ex-Dividend Date
--
1y Target Est
$403.27

Profile: Cadence Design Systems, Inc.

Sector
Technology
Industry
Software - Application
Full-time employees
13,800
CEO
Anirudh Devgan

Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification.

Earnings

Next report: Mon, Oct 26, 2026
EPS estimate $2.05 · Revenue est. $1.61B
DateEst.Actual
Jul 27, 2026$2.05$2.11Beat
Apr 27, 2026$1.91$1.96Beat
Feb 17, 2026$1.91$1.99Beat
Oct 27, 2025$1.79$1.93Beat
Jul 28, 2025$1.56$1.65Beat
Apr 28, 2025$1.49$1.57Beat

Analyst view

Consensus price target
$403.27 ▲ +27.4%
Range $300.00 – $450.00
Rating: Buy
Buy 84% · Hold 13% · Sell 3%

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Data: Financial Modeling Prep. For information only, not investment advice.