Cadence Design Systems (NASDAQ:CDNS) Releases Q1 2026 Earnings Guidance

Cadence Design Systems (NASDAQ:CDNSGet Free Report) updated its first quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.890-1.950 for the period, compared to the consensus estimate of 1.740. The company issued revenue guidance of -, compared to the consensus revenue estimate of $1.4 billion. Cadence Design Systems also updated its FY 2026 guidance to 8.050-8.150 EPS.

Cadence Design Systems Trading Down 2.6%

CDNS traded down $7.90 on Thursday, hitting $297.11. The company had a trading volume of 157,263 shares, compared to its average volume of 2,510,361. The company’s fifty day moving average price is $309.22 and its 200 day moving average price is $328.72. Cadence Design Systems has a 1 year low of $221.56 and a 1 year high of $376.45. The company has a current ratio of 3.05, a quick ratio of 2.84 and a debt-to-equity ratio of 0.48. The firm has a market cap of $80.87 billion, a P/E ratio of 73.32, a PEG ratio of 3.15 and a beta of 1.01.

Cadence Design Systems (NASDAQ:CDNSGet Free Report) last announced its earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.08. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.42 billion. Cadence Design Systems had a net margin of 20.93% and a return on equity of 30.04%. Cadence Design Systems’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.88 earnings per share. Cadence Design Systems has set its Q1 2026 guidance at 1.890-1.950 EPS and its FY 2026 guidance at 8.050-8.150 EPS. As a group, equities analysts expect that Cadence Design Systems will post 5.41 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Wells Fargo & Company cut their target price on Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating on the stock in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cadence Design Systems in a research note on Monday, December 29th. KeyCorp reissued an “overweight” rating and set a $405.00 target price on shares of Cadence Design Systems in a research note on Tuesday, October 28th. Robert W. Baird raised their target price on Cadence Design Systems from $390.00 to $418.00 and gave the company an “outperform” rating in a report on Tuesday, October 28th. Finally, Oppenheimer raised Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 target price for the company in a research report on Monday, December 1st. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $376.50.

Get Our Latest Report on Cadence Design Systems

Insider Activity at Cadence Design Systems

In other news, VP Paul Scannell sold 5,490 shares of Cadence Design Systems stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $339.43, for a total value of $1,863,470.70. Following the completion of the transaction, the vice president owned 20,321 shares in the company, valued at approximately $6,897,557.03. This trade represents a 21.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Ita M. Brennan sold 180 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $337.48, for a total value of $60,746.40. Following the transaction, the director directly owned 7,650 shares of the company’s stock, valued at approximately $2,581,722. This represents a 2.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 56,475 shares of company stock worth $18,505,486 over the last quarter. 1.99% of the stock is currently owned by insiders.

Key Headlines Impacting Cadence Design Systems

Here are the key news stories impacting Cadence Design Systems this week:

Hedge Funds Weigh In On Cadence Design Systems

Institutional investors and hedge funds have recently modified their holdings of the company. Corient Private Wealth LLC raised its stake in Cadence Design Systems by 22.1% during the 4th quarter. Corient Private Wealth LLC now owns 293,243 shares of the software maker’s stock worth $91,662,000 after acquiring an additional 53,168 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Cadence Design Systems by 19.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 43,300 shares of the software maker’s stock worth $13,535,000 after purchasing an additional 6,931 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Cadence Design Systems by 3.0% during the fourth quarter. Raymond James Financial Inc. now owns 711,292 shares of the software maker’s stock worth $222,350,000 after purchasing an additional 20,475 shares in the last quarter. Vident Advisory LLC lifted its holdings in shares of Cadence Design Systems by 3.0% in the 4th quarter. Vident Advisory LLC now owns 57,531 shares of the software maker’s stock valued at $17,983,000 after purchasing an additional 1,670 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in shares of Cadence Design Systems by 60.6% in the 4th quarter. Beacon Pointe Advisors LLC now owns 2,178 shares of the software maker’s stock valued at $681,000 after purchasing an additional 822 shares during the last quarter. Institutional investors and hedge funds own 84.85% of the company’s stock.

Cadence Design Systems Company Profile

(Get Free Report)

Cadence Design Systems, Inc (NASDAQ: CDNS) is a global provider of electronic design automation (EDA) software, hardware and intellectual property used to design and verify advanced semiconductor chips, systems-on-chip (SoCs), printed circuit boards (PCBs) and packaging. Headquartered in San Jose, California and founded in 1988, Cadence serves semiconductor companies, original equipment manufacturers and system designers across the globe, helping customers accelerate design cycles and manage the complexity of modern integrated systems.

The company’s offerings span software tools for digital, custom/analog and mixed-signal design, verification and signoff, as well as solutions for system-level modeling, thermal and signal integrity analysis, and PCB and package design.

Further Reading

Earnings History and Estimates for Cadence Design Systems (NASDAQ:CDNS)

Receive News & Ratings for Cadence Design Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadence Design Systems and related companies with MarketBeat.com's FREE daily email newsletter.