Cadence Design Systems (CDNS) Projected to Post Quarterly Earnings on Monday

Cadence Design Systems (NASDAQ:CDNS) is expected to issue its Q3 2026 results after the market closes on Monday, October 26th. Analysts expect Cadence Design Systems to post earnings of $2.05 per share and revenue of $1.61 billion for the quarter. Cadence Design Systems has set its FY 2026 guidance at 8.050-8.150 EPS and its Q3 2026 guidance at 2.010-2.070 EPS. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Monday, October 26, 2026 at 5:00 PM ET.

Cadence Design Systems (NASDAQ:CDNS) last posted its earnings results on Monday, July 27th. The software maker reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.58 billion. Cadence Design Systems had a return on equity of 27.98% and a net margin of 23.60%. Cadence Design Systems’s revenue was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.65 EPS. On average, analysts expect Cadence Design Systems to post $6.42 EPS for the current fiscal year and $7.56 EPS for the next fiscal year.

Cadence Design Systems Price Performance

Shares of NASDAQ:CDNS opened at $316.49 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.53 and a current ratio of 1.74. The business’s fifty day moving average price is $318.19 and its two-hundred day moving average price is $340.32. The stock has a market cap of $87.16 billion, a PE ratio of 62.92, a price-to-earnings-growth ratio of 3.38 and a beta of 1.13. Cadence Design Systems has a one year low of $262.75 and a one year high of $416.69.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CDNS shares. FBN Securities assumed coverage on Cadence Design Systems in a report on Friday, September 11th. They issued an “outperform” rating and a $375.00 price target for the company. Bank of America increased their price objective on Cadence Design Systems from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Benchmark reaffirmed a “buy” rating on shares of Cadence Design Systems in a research note on Tuesday, July 28th. Rothschild & Co Redburn lifted their price objective on Cadence Design Systems from $385.00 to $395.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Finally, Oppenheimer reiterated a “market perform” rating and set a $300.00 price objective (up from $275.00) on shares of Cadence Design Systems in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Cadence Design Systems currently has an average rating of “Moderate Buy” and a consensus price target of $404.14.

Insider Activity at Cadence Design Systems

In related news, Director Ita M. Brennan sold 180 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $285.51, for a total value of $51,391.80. Following the transaction, the director directly owned 7,824 shares of the company’s stock, valued at approximately $2,233,830.24. This trade represents a 2.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Cunningham sold 2,000 shares of the stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $324.13, for a total value of $648,260.00. Following the completion of the transaction, the vice president directly owned 119,612 shares in the company, valued at $38,769,837.56. This trade represents a 1.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,960 shares of company stock valued at $2,834,139 over the last quarter. 0.49% of the stock is currently owned by corporate insiders.

About Cadence Design Systems

Cadence Design Systems, Inc develops computational software, hardware, and semiconductor intellectual property used to design and verify electronic systems and integrated circuits. Its electronic design automation (EDA) solutions support chip development across areas such as digital and custom IC design, functional verification, emulation, prototyping, and system analysis.

The company also provides semiconductor IP, including processor cores, interconnect technologies, memory interfaces, and other building blocks that help customers develop complex chips.