Cadence Design Systems (CDNS) Expected to Release Quarterly Earnings on Monday

Cadence Design Systems (NASDAQ:CDNS) will likely be issuing its Q3 2026 results after the market closes on Monday, October 26th. Analysts expect Cadence Design Systems to announce 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. Interested persons may review the information on the company’s upcoming Q3 2026 earnings results 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 quarterly earnings data on Monday, July 27th. The software maker reported $2.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.06. The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Cadence Design Systems had a net margin of 23.60% and a return on equity of 27.98%. The firm’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter last year, the company posted $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 Stock Up 2.2%

Shares of NASDAQ CDNS opened at $316.49 on Friday. The firm has a market cap of $87.16 billion, a price-to-earnings ratio of 50.27, a PEG ratio of 3.31 and a beta of 1.13. The company has a quick ratio of 1.53, a current ratio of 1.74 and a debt-to-equity ratio of 0.36. Cadence Design Systems has a 52-week low of $262.75 and a 52-week high of $416.69. The business’s 50 day moving average is $318.19 and its two-hundred day moving average is $340.32.

Insider Buying and Selling

In related news, Director Albert Sangiovanni-Vincentelli sold 1,250 shares of Cadence Design Systems stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $350.07, for a total value of $437,587.50. Following the completion of the transaction, the director directly owned 39,544 shares in the company, valued at approximately $13,843,168.08. This trade represents a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Cunningham sold 2,000 shares of Cadence Design Systems stock in a transaction on Thursday, October 15th. The shares were 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 owned 119,612 shares of the company’s stock, valued at approximately $38,769,837.56. This trade represents a 1.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,960 shares of company stock valued at $2,834,139 in the last three months. 0.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on CDNS. Bank of America raised their price target on Cadence Design Systems from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Wall Street Zen downgraded Cadence Design Systems from a “buy” rating to a “hold” rating in a report on Tuesday. Oppenheimer reiterated a “market perform” rating and issued a $300.00 price objective (up from $275.00) on shares of Cadence Design Systems in a report on Tuesday, July 28th. Needham & Company LLC reissued a “buy” rating and set a $400.00 target price on shares of Cadence Design Systems in a research note on Tuesday, July 28th. Finally, Morgan Stanley restated an “overweight” rating and set a $400.00 target price (up from $370.00) on shares of Cadence Design Systems in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $404.14.

Cadence Design Systems Company Profile

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.