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

Cadence Design Systems (NASDAQ:CDNS) is expected to be issuing its Q2 2026 results after the market closes on Monday, July 27th. Analysts expect Cadence Design Systems to announce earnings of $2.05 per share and revenue of $1.5769 billion for the quarter. Cadence Design Systems has set its FY 2026 guidance at 7.850-7.950 EPS and its Q2 2026 guidance at 2.020-2.080 EPS. Parties are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Monday, July 27, 2026 at 5:00 PM ET.

Cadence Design Systems (NASDAQ:CDNS) last announced its quarterly earnings data on Monday, April 27th. The software maker reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.05. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the firm earned $1.57 earnings per share. The business’s revenue for the quarter was up 18.6% on a year-over-year basis. On average, analysts expect Cadence Design Systems to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Cadence Design Systems Price Performance

CDNS opened at $326.24 on Friday. The company has a fifty day moving average price of $373.92 and a two-hundred day moving average price of $329.27. The firm has a market capitalization of $89.98 billion, a PE ratio of 76.05, a P/E/G ratio of 3.86 and a beta of 1.15. Cadence Design Systems has a 52 week low of $262.75 and a 52 week high of $416.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.47.

Insider Transactions at Cadence Design Systems

In related news, VP Paul Cunningham sold 2,000 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $391.00, for a total transaction of $782,000.00. Following the completion of the transaction, the vice president directly owned 126,586 shares in the company, valued at approximately $49,495,126. This trade represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ita M. Brennan sold 180 shares of Cadence Design Systems stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $387.45, for a total value of $69,741.00. Following the completion of the sale, the director directly owned 8,004 shares in the company, valued at approximately $3,101,149.80. This represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 157,057 shares of company stock worth $60,272,277. 0.49% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Cadence Design Systems

A number of large investors have recently bought and sold shares of CDNS. Wellington Management Group LLP lifted its position in shares of Cadence Design Systems by 218.6% in the fourth quarter. Wellington Management Group LLP now owns 2,553,225 shares of the software maker’s stock worth $798,087,000 after purchasing an additional 1,751,927 shares in the last quarter. Scge Management L.P. bought a new position in Cadence Design Systems in the second quarter valued at $187,663,000. Amundi grew its position in Cadence Design Systems by 32.8% in the fourth quarter. Amundi now owns 1,984,842 shares of the software maker’s stock valued at $620,430,000 after purchasing an additional 489,930 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in Cadence Design Systems by 164.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 331,882 shares of the software maker’s stock valued at $103,740,000 after buying an additional 206,163 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in Cadence Design Systems by 50.7% in the 4th quarter. First Trust Advisors LP now owns 601,812 shares of the software maker’s stock valued at $188,114,000 after buying an additional 202,396 shares during the last quarter. Institutional investors and hedge funds own 84.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $400.00 price target on shares of Cadence Design Systems in a research report on Tuesday, April 28th. Piper Sandler upped their price objective on Cadence Design Systems from $319.00 to $325.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Wells Fargo & Company increased their target price on Cadence Design Systems from $400.00 to $425.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Robert W. Baird raised their target price on Cadence Design Systems from $381.00 to $385.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Finally, Benchmark initiated coverage on Cadence Design Systems in a research report on Wednesday, July 15th. They set a “buy” rating and a $450.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $393.65.

About Cadence Design Systems

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.