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Cadence Design Systems (CDNS)

Information Technology · Electronic Design Automation (EDA) · NASDAQ

Cadence Design Systems is a global leader in electronic design automation, providing the essential software and intellectual property needed to design, verify, and manufacture complex modern chips and electronic systems.

What Cadence Design Systems does

Cadence Design Systems provides software, hardware, services, and reusable integrated circuit design blocks to enable electronic design. Its products help customers develop sophisticated electronic products, including integrated circuits, systems-on-chip, and printed circuit boards, across various end markets. The company operates through an integrated approach to electronic design automation (EDA) and intellectual property (IP).

Themes: EDA / semiconductor design, systems-on-chip (SoC) design, AI infrastructure hardware design, cloud-based design environments

Fundamentals

  • Price$319.02 as of 2026-08-21 close
  • Market cap$88.0B as of 2026-08-21
  • 1-year return-8.2% 2025-08-21 close $347.57 → 2026-08-21 close $319.02
  • P/E64.71 as of 2026-08-24
  • Net margin+23.6% as of 2026-08-24
  • Gross margin+85.9% as of 2026-08-24
  • ROE+22.9% as of 2026-08-24
  • Debt / equity0.36 as of 2026-08-24
  • Revenue growth (YoY)+14.7% as of 2026-08-24
  • Revenue CAGR (3y)+14.1% SEC XBRL
  • Beta1.12 as of 2026-08-24
  • Last reported earnings2026-07-27 SEC EDGAR Form 8-K (Item 2.02)

Ask why CDNS looks like this →

How CDNS compares in its sector

  • price-to-earnings ratiomiddle range 265 covered Information Technology peers, as of 2026-08-24
  • net profit margintop 25% 405 covered Information Technology peers, as of 2026-08-24
  • operating margintop 10% 405 covered Information Technology peers, as of 2026-08-24
  • gross margintop 10% 403 covered Information Technology peers, as of 2026-08-24
  • return on equitytop 25% 405 covered Information Technology peers, as of 2026-08-24
  • 3-year revenue CAGRmiddle range 386 covered Information Technology peers
  • free cash flow (absolute dollars, latest fiscal year)top 25% 382 covered Information Technology peers, as of FY2025

Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

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Top 10 scores & list membership

CDNS is not currently in any published Top 10 list. Its scores are below.

Long-term score

Not scored for the long-term list: no shareholder return data.

Short-term score

38.4 #1454 of 1,704 scored · #219 of 261 in Information Technology

  • Trend22.9
  • Momentum30.0
  • Setup48.7
  • Volume and participation35.5
  • Catalysts57.9

Catalysts 58th: open-market insider buys in 90 days 20, the analyst consensus rating is unchanged since the prior reading; setup 49th: over the past year its closes ranged, and it has retraced close to two thirds of its move over the past year — 65% of it; weakest is trend 23rd: it is trading 9.8% below its 50-day average, the short-term trend line.

Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.

How Cadence Design Systems looks technically

Cadence Design Systems (CDNS) is trading 2.2% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 55 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 37, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 8 trading days ago (its momentum flipped negative). It made a new 20-day low about 2 trading days ago. It is 23.4% below its highest point of the past year.

Trend

8
Distance from the 200-dayit is trading 2.2% below its 200-day average, the long-term trend line — a long-term downtrend-2.2%
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $353.84$353.84
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $326.27$326.27
Swing structureeach recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes nextlower highs and lower lows
Last swing turnits last significant turn was a swing high 24 calendar days ago — the swings before that are what the structure reading is measured on24 sessions
Wave structureits recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 5 of five; the labelling fails if price closes above 355.5. It is the only labelling that fits, and it describes the swings already printed, not what comes next.possible downward five-wave sequence, in wave 5
Since the 50/200 crossits 50-day average crossed above its 200-day average about 55 trading days ago — a "golden cross", a bullish long-term signal55 sessions
Trend strength (14-day ADX)there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend)18.2

Momentum

3
14-day RSImomentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 37, neither overbought (above 70) nor oversold (below 30)37.4
Position in its 14-day rangeit is trading in the lower half of its 14-day range ($311.47 to $349.07) — its "stochastic" reading is 20 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions.20.1
Since the MACD crossed zeroMACD, a trend-momentum gauge, turned bearish about 8 trading days ago (its momentum flipped negative)8 sessions

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $416.69$416.69
From the 52-week highit is 23.4% below its 52-week high (its highest price of the past year)-23.4%
Above the 52-week lowit is 21.4% above its 52-week low (its lowest price of the past year)+21.4%
Below the 52-week highit is 23.4% below its highest point of the past year23.4%
Since a 20-day breakoutit made a new 20-day low about 2 trading days ago2 sessions
Since a 55-day breakoutit made a new 55-day low about 2 trading days ago2 sessions
All-time highits highest closing price on record is $416.69 (set on 2026-06-02)$416.69
Given back of the 52-week moveover the past year its closes ranged ($265.66 to $416.39), and it has given back close to two thirds of its rise from last year’s low — 65% of it. Chart-watchers call 61.8%-65% given back the "golden pocket", and this is inside it — for this company that is $318.42 to $323.24. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast.64.6%
From the all-time highit is 23.4% below its all-time high-23.4%
Nearest price levelit is sitting right on a support level at $318.51 — a price it turned at five times since 2024-12-16, most recently on 2026-07-17. Since 2024-08-21 it has 9 such levels below the current price and 5 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go.-0.2%
All-time lowits lowest closing price on record is $2.42 (set on 2008-10-23)$2.42
Above the all-time lowit is 13082.6% above its all-time low+13,083%

Volatility

5
Band width vs its own 6 monthsday-to-day price swings are about average versus its own recent 6-month history30th percentile
Typical daily rangein a typical session it travels about $10.99 between its high and its low — about 3.5% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was$10.99
Bollinger bands (20-day, ±2σ)most of its recent trading has stayed between about $311.38 and $348.54 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles$311.38 – $329.96 – $348.54
Typical daily range (% of price)its price moves about 3.5% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price3.5%
Stretch from the 200-day averageit is trading 0.7 daily ranges below its 200-day average price (2.2% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale0.7 daily ranges below its 200-day average

Volume

1
Volume vs its 30-day averagetrading volume is about normal versus its 30-day average0.95×

Analyst

2
Change in the average price targetanalysts' average price target is unchanged from the prior reading0.0%
Change in the consensus ratingthe analyst consensus rating is unchanged since the prior readingunchanged

Candlestick patterns

1
Since a doji4 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level4 sessions ago

Price gaps

3
Gap at the openit opened on 2026-08-21 0.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close+0.3%
Open gapit gapped 8.3% below the previous close 25 sessions ago and has not traded back through the level it left behind at 364.65 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed-8.3%
Gap filleda 2.2% gap up opened on 2026-08-05 has been "filled" 12 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it12 sessions ago

Price streaks

1
Closing streakit closed higher in its latest session, after a session that did not close higher — a single up day rather than a run1 session up

Relative strength

4
vs market, 1 monthover the past 1 month this stock lagged the market by 9.8 percentage points (the stock lost 7.4% while the market gained 2.3%)-9.8%
vs market, 3 monthsover the past 3 months this stock lagged the market by 14.1 percentage points (the stock lost 11.0% while the market gained 3.1%)-14.1%
vs market, 6 monthsover the past 6 months this stock lagged the market by 3.4 percentage points (the stock gained 7.7% while the market gained 11.1%)-3.4%
vs market, 12 monthsover the past 12 months this stock lagged the market by 28.7 percentage points (the stock lost 8.2% while the market gained 20.5%)-28.7%

Signal agreement

2
Bullish technical signals1 of the 9 technical signals we can compute for it is currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day — these describe past price behaviour, not a forecast1 of 9
Bearish technical signals5 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast5 of 9

Trend (Ichimoku cloud)

1
Vs the Ichimoku cloudtrading 13% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 4.7% of the share price.-12.9%

Volume-weighted price

2
Vs this year’s average price paidthe price is 2% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $326.45 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP.-2.3%
Vs the average paid since it last reportedthe price is 4% below the average price paid since it last reported on 2026-07-27 (its 8-K), so the typical buyer over that stretch is under water. That average is $331.24 — a volume-weighted average of daily closes over 20 sessions, not a true tick-by-tick VWAP.-3.7%

Price levels it has turned at before

CDNS last closed at $319.02 on 2026-08-21. Since 2024-08-21 it has turned at 9 prices below its last close and 5 above; the 3 nearest below and the 3 nearest above are listed, nearest first.

LevelSideDistanceEvidence
$318.51Support0.2% below the last closeturned there five times · 2024-12-16 to 2026-07-17
$326.40Resistance2.3% above the last closeturned there 7 times · 2024-12-04 to 2026-01-28
$310.82Support2.6% below the last closeturned there 7 times · 2024-11-13 to 2026-03-05
$301.65Support5.5% below the last closeturned there four times · 2024-12-10 to 2026-03-17
$340.46Resistance6.7% above the last closeturned there twice · 2025-08-20 to 2025-12-10
$356.84Resistance11.8% above the last closeturned there five times · 2025-08-18 to 2026-07-28

A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.

Wave structure

Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 5 of five.

This labelling fails — stops being a possible reading at all — if it closes above $355.50.

It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.

On past moves of this shape the leg has usually ended somewhere between $261.77 and $319.70 — that is where it has tended to end if the count holds, not a forecast of where the price goes.

This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.

Read from daily closes as of 2026-08-21.

An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.

Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.

Ask about CDNS's technicals →

Analyst consensus

  • Consensus ratingStrong Buy (1.44 mean, 1=Strong Buy…5=Strong Sell) — 26 analysts
  • Mean price target$403.67 range $300.00 – $470.00; median $402.50

Analyst estimates, as of 2026-08-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for CDNS

  • Consensus EPS estimate$2.05 next reporting period, as of 2026-08-18

Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

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Key risks (from latest filing)

["Intense competition and the need for continuous technological innovation.","Risks associated with international operations and global economic conditions.","Dependence on the semiconductor and electronics industry cycles."]

See CDNS's biggest risks from its latest 10-Q →

What changed in the latest 10-Q

AI-assisted comparison of CDNS's 10-Q filed 2026-05-01 against the prior one filed 2025-10-29.

Management's Discussion & Analysis (MD&A)

  • Added:
    • Newer filing references Annual Report for fiscal year ended December 31, 2025 (older filing referenced December 31, 2024)
    • Newer filing added section on Hexagon Smart Solutions AB acquisition completed February 23, 2026
    • Newer filing describes Hexagon D&E business acquisition expected to accelerate ISD strategy and expand SD&A portfolio
    • Newer filing states Hexagon acquisition revenue classified as product and maintenance revenue in SD&A category for Q1 2026
    • Newer filing mentions BIS interim final rule effective September 29, 2025 extending export restrictions on Entity List and Military End-User List entities
  • Removed:
    • Older filing's description of Cadence as 'global market leader' removed; newer filing states 'global technology leader'
    • Older filing's detailed description of semiconductor applications across automotive, aerospace, biotech, hyperscale, cloud computing, data centers, telecommunications, medical technology, IIoT, and AI was removed
    • Older filing's specific listing of consumer products (cell phones, automobiles, computers, home appliances, home security, drones, home entertainment systems) was removed
    • Older filing's reference to BETA CAE acquisition completed in Q2 fiscal 2024 was removed from newer filing's Acquisitions section
    • Older filing's reference to VLAB Works acquisition completed in Q2 fiscal 2025 was removed from newer filing
  • Reworded:
    • Business Overview changed from describing Cadence as developing 'intellectual property (IP) solutions' to 'silicon intellectual property (IP) products and solutions'
    • Description of customers changed from 'use our solutions and services to deliver transformational products' to 'empower our customers to design and verify and bring to life new and innovative products'
    • Mission statement added: 'Our mission is to empower the world's most innovative companies to deliver extraordinary electronic products that drive the global economy and improve everyday life'
    • Product category naming: 'System Design and Analysis' changed to 'System Design and Analysis (SD&A)' with abbreviation introduced
    • Core EDA description changed from 'includes our software, hardware, and services used to design and verify' to 'encompasses the software, hardware, and services essential for the design and verification'
    • System Design and Analysis description simplified; removed specific reference to 'multiphysics domain' and 'computational fluid dynamics (CFD)' integration details
    • Semiconductor IP description changed from 'portfolio includes silicon subsystems, software, and services that are used in semiconductor design' to 'portfolio includes silicon subsystems, software, and related services that accelerate the semiconductor design process'
  • Notes:
    • Older filing text was truncated at 'home entertainment systems' section; full comparison of all content not possible
    • The removal of BETA CAE and VLAB Works references may reflect different reporting periods rather than deletion of historical information

Risk Factors

  • Added:
    • Newer filing (2026-05-01): Added revolving credit facility line item in current liabilities showing $425,000 as of March 31, 2026
    • Newer filing (2026-05-01): Added 'Proceeds from revolving credit facility' of $425,000 in cash flows from financing activities
    • Newer filing (2026-05-01): Expanded stockholders' equity statement to include business combination transaction showing issuance of 3,224 thousand common stock shares for $902,208 thousand
  • Removed:
    • Older filing (2025-10-29): Contained 'Loss related to contingent liability' line item of $128,545 thousand in nine months ended September 30, 2025; not present in newer filing's three-month period
    • Older filing (2025-10-29): Contained comparative nine-month income statement data for nine months ended September 30, 2025 and 2024; newer filing shows only three-month comparison
  • Reworded:
    • Newer filing (2026-05-01) changed 'Accumulated other comprehensive income (loss)' label to 'Accumulated other comprehensive loss' in balance sheet, reflecting negative balance of $(40,090) thousand
    • Older filing (2025-10-29) showed 'Unrealized losses on derivatives designated as hedging instruments' as separate line in comprehensive income; newer filing combines this into 'Reclassification of losses on derivatives' line
  • Notes:
    • The two filings cover different reporting periods (Q1 2026 ended March 31, 2026 vs. Q3 2025 ended September 30, 2025), which limits direct comparability of operating metrics
    • The newer filing appears truncated and does not include the full Risk Factors section text for comparison
    • The older filing appears truncated and incomplete at the end of the stockholders' equity statement

AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.

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Insider activity (SEC Form 4)

0 open-market purchases and 39 open-market sales by insiders in the last 90 days.

  • Last 90 days0 buys · 39 sells ($39M) — 6 selling insiders
  • Last 180 days0 buys · 62 sells ($73M) — 7 selling insiders

Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)

Most recent open-market transaction: 2026-07-22. As of 2026-08-24.

View full insider trading history → View SEC Form 3/4/5 filings

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Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

Congressional trading disclosures

U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 10 matched disclosures for CDNS from U.S. House Clerk Periodic Transaction Report filings.

Congressional trading disclosures →

Institutional ownership (13F)

6 institutional 13F filers reported holding CDNS as of 2026-03-31 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 6
  • Reported shares held 47,906,273
  • Reported value $13,311,716,205

reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 0 increased, 5 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".

Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.

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Short interest (FINRA)

CDNS had 6,099,964 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).

CDNS had 2.21% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.09 days to cover at the same settlement.

  • Reported short interest (shares) 6,099,964
  • Short interest (% of shares outstanding) 2.21%
  • Prior settlement (shares) 6,187,380
  • Reported change -1.41%
  • Days to cover (reported) 2.09

Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

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Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Frequently asked questions

What does Cadence Design Systems (CDNS) do?

Cadence Design Systems provides software, hardware, services, and reusable integrated circuit design blocks to enable electronic design. Its products help customers develop sophisticated electronic products, including integrated circuits, systems-on-chip, and printed circuit boards, across various end markets. The company operates through an integrated approach to electronic design automation (EDA) and intellectual property (IP).

What sector is Cadence Design Systems (CDNS) in?

Cadence Design Systems (CDNS) is classified in the Information Technology sector. Its industry is Electronic Design Automation (EDA). It trades on NASDAQ.

Who are Cadence Design Systems's (CDNS) competitors?

Notable peers of Cadence Design Systems (CDNS) include Synopsys, Siemens EDA (Mentor Graphics), Ansys and Keysight Technologies. This peer set is informational only — not financial advice.

Has there been recent Congressional stock trading in CDNS?

Yes — we hold 10 matched STOCK Act disclosures for CDNS from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.

Is Cadence Design Systems (CDNS) overbought or oversold right now?

Cadence Design Systems (CDNS) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 37, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on CDNS come from?

Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-08-21.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.

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