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Cadence Design Systems Inc. (CDNS)

$279.80

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Key data on CDNS

Market cap

$76.29B

EPS

4.06

P/E ratio

72.9

Price to sales

15.25

Dividend yield

--

Beta

1.012275

Price on CDNS

Previous close

$296.28

Today's open

$291.44

Day's range

$279.11 - $293.59

52 week range

$221.56 - $376.45

Profile about CDNS

CEO

Anirudh Devgan

Employees

12700

Headquarters

San Jose, CA

Exchange

Nasdaq Global Select

Shares outstanding

272651000

Issue type

Common Stock

CDNS industries and sectors

Technology

Software & IT Services

News on CDNS

Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.

news source

Zacks Investment Research • 11 hours ago

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Cadence Completes Acquisition of Hexagon's Design and Engineering Business, Advancing Leadership in Physical AI and Multiphysics

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced that it has completed its previously announced acquisition of Hexagon AB's Design and Engineering (“D&E”) business, significantly expanding its System Design and Analysis (SDA) portfolio and strategically positioning the company to capitalize on the Physical AI opportunity. The acquisition accelerates Cadence's Intelligent System Design strategy by combining its compelling multiphysics portfolio with Hexagon D&E's.

news source

Business Wire • Feb 23, 2026

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Cadence Spikes Post-Earnings With Strong Interest in AI Products

Electronic design automation (EDA) company Cadence Design Systems NASDAQ: CDNS plays a vital role in the semiconductor industry. Access to advanced EDA software is non-negotiable for companies designing semiconductors.

news source

MarketBeat • Feb 20, 2026

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Cadence Tops Q4 Earnings on Upbeat AI Trends, Posts Solid Backlog

CDNS tops Q4 estimates with record $7.8B backlog as AI-driven chip design demand and strong bookings fuel upbeat 2026 outlook.

news source

Zacks Investment Research • Feb 20, 2026

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Don't Overlook Cadence (CDNS) International Revenue Trends While Assessing the Stock

Evaluate Cadence's (CDNS) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

news source

Zacks Investment Research • Feb 20, 2026

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Cadence Design Systems shares pop on earnings beat, custom chip optimism

Shares of Cadence Design Systems climbed after the chip design software firm reported results that beat analyst expectations for Q4 2025. CEO Anirudh Devgan said he expects the trend of companies making their own custom chips to accelerate.

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CNBC • Feb 18, 2026

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These Analysts Revise Their Forecasts On Cadence Design Systems Following Q4 Results

Cadence Design Systems Inc (NASDAQ: CDNS) reported upbeat financial results for the fourth quarter Tuesday after the bell.

news source

Benzinga • Feb 18, 2026

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Cadence Q4 Earnings & Revenues Surpass Estimates, Both Rise Y/Y

CDNS tops Q4 estimates as AI-driven demand lifts revenues 6% and boosts 2026 outlook.

news source

Zacks Investment Research • Feb 18, 2026

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Cadence: A Strong Company, But Overpriced

Cadence Design Systems (CDNS) delivered a double beat in Q4 but current growth does not justify its premium valuation. CDNS forecasts 11–13% FY26 revenue growth, with 80% likely recurring, yet trades at a 73x TTM PE ratio. System Design and Analysis and Semiconductor IP segments are growing faster, shifting the revenue mix over the next three years.

news source

Seeking Alpha • Feb 18, 2026

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Cadence beats quarterly profit and revenue estimates on strong AI-linked demand

Cadence Design Systems beat quarterly revenue estimates on Tuesday, as strong demand for complex artificial intelligence processors lifted sales of its chip design software.

news source

Reuters • Feb 17, 2026

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