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$348.84 as of 2026-10-08 close
- Market cap$96.2B as of 2026-03-31 (share count; price 2026-10-08)
- 1-year return-0.3% 2025-10-08 close $350.00 → 2026-10-08 close $348.84
- P/E69.40 as of 2026-10-08
- Net margin+20.9% FY2025, SEC XBRL
- ROE+20.3% FY2025, SEC XBRL
- Debt / equity0.36 as of 2026-09-03
- Revenue growth (YoY)+14.7% as of 2026-09-03
- Revenue CAGR (3y)+14.1% SEC XBRL
- Beta1.44 as of 2026-09-03
- Last reported earnings2026-07-27 SEC EDGAR Form 8-K (Item 2.02)
How CDNS compares in its sector
- price-to-earnings ratiotop 25% 253 covered Information Technology peers, as of 2026-10-08
- net profit margintop 25% 380 covered Information Technology peers, as of 2026-09-03
- operating margintop 10% 375 covered Information Technology peers, as of 2026-09-03
- return on equitytop 25% 370 covered Information Technology peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 385 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.
Top 10 scores & list membership
CDNS is not currently in any published Top 10 list. Its scores are below.
Top 10 score
59.3 #253 of 1,379 scored · #45 of 203 in Information Technology
Profitability 81st (operating margin 28.2%, return on equity 20.3%) and financial health 76th (free cash flow margin 30%, debt to equity 0.4); weakest is valuation (18th, price to book 14.7, price to earnings 69.4).
Scores as of 8 Oct 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 4.
How Cadence Design Systems looks technically
Cadence Design Systems (CDNS) is trading 7.2% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed below its 200-day average about 15 trading days ago — a "death cross", a bearish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 64, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 3 trading days ago. It is 16.3% below its highest point of the past year.
Trend
9
| Distance from the 200-day | it is trading 7.2% above its 200-day average, the long-term trend line — a longer-term uptrend | +7.2% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $320.11 | $320.11 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $325.33 | $325.33 |
| Swing structure | each 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 next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 23 calendar days ago — the swings before that are what the structure reading is measured on | 23 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 273.07. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 15 trading days ago — a "death cross", a bearish long-term signal | 15 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 7.2% above | +7.2% |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with buyers in control | 29.9 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 64, neither overbought (above 70) nor oversold (below 30) | 64.4 |
|---|---|---|
| Position in its 14-day range | it is trading near the top of its 14-day range ($283.39 to $361.91) — its "stochastic" reading is 83 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 slipping within that range over the last few sessions. | 83.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 14 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $416.69 | $416.69 |
|---|---|---|
| From the 52-week high | it is 16.3% below its 52-week high (its highest price of the past year) | -16.3% |
| Above the 52-week low | it is 32.8% above its 52-week low (its lowest price of the past year) | +32.8% |
| Below the 52-week high | it is 16.3% below its highest point of the past year | 16.3% |
| Since a 20-day breakout | it made a new 20-day high about 3 trading days ago | 3 sessions |
| Since a 55-day breakout | it made a new 55-day high about 3 trading days ago | 3 sessions |
| All-time high | its highest closing price on record is $416.69 (set on 2026-06-02) | $416.69 |
| Given back of the 52-week move | over the past year its closes ranged ($265.66 to $416.39), and it has given back roughly a third of its rise from last year’s low — 45% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — 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. | 44.8% |
| From the all-time high | it is 16.3% below its all-time high | -16.3% |
| Nearest price level | it is trading 2.3% below a resistance level at $356.84 — a price it turned at five times since 2025-08-18, most recently on 2026-07-28. Since 2024-10-08 it has 11 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +2.3% |
| All-time low | its lowest closing price on record is $2.42 (set on 2008-10-23) | $2.42 |
| Above the all-time low | it is 14314.9% above its all-time low | +14,315% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 98% of the past ~6 months) | 98th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $11.45 between its high and its low — about 3.3% 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 | $11.45 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $258.65 and $375.57 — 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 | $258.65 – $317.11 – $375.57 |
| Typical daily range (% of price) | its price moves about 3.3% 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 price | 3.3% |
| Stretch from the 200-day average | it is trading 2.1 daily ranges above its 200-day average price (7.2% above 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 scale | 2.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.61× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 0.6% below 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 | -0.6% |
|---|---|---|
| Open gap | it gapped 2.8% above the previous close 5 sessions ago and has not traded back through the level it left behind at 330.19 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.8% |
| Gap filled | a 2.2% gap down opened on 2026-09-28 has been "filled" 8 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 8 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -2.98% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 21.7 percentage points (the stock gained 22.8% while the market gained 1.0%) | +21.7% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 10.6 percentage points (the stock lost 6.7% while the market gained 3.8%) | -10.6% |
| vs market, 6 months | over the past 6 months this stock beat the market by 7.4 percentage points (the stock gained 24.9% while the market gained 17.5%) | +7.4% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 15.3 percentage points (the stock lost 0.3% while the market gained 15.0%) | -15.3% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, a strong uptrend, with buyers in control, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 7.1% of the share price. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 8% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $323.98 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | +7.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 9% above the average price paid since it last reported on 2026-07-27 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $319.39 — a volume-weighted average of daily closes over 53 sessions, not a true tick-by-tick VWAP. | +9.2% |
Price levels it has turned at before
CDNS last closed at $348.84 on 2026-10-08. Since 2024-10-08 it has turned at 11 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $356.84 | Resistance | 2.3% above the last close | turned there five times · 2025-08-18 to 2026-07-28 |
| $340.46 | Support | 2.4% below the last close | turned there twice · 2025-08-20 to 2025-12-10 |
| $364.45 | Resistance | 4.5% above the last close | turned there three times · 2025-09-09 to 2026-07-07 |
| $327.58 | Support | 6.1% below the last close | turned there 7 times · 2024-12-04 to 2026-05-20 |
| $375.38 | Resistance | 7.6% above the last close | turned there twice · 2025-07-31 to 2025-09-19 |
| $320.07 | Support | 8.3% below the last close | turned there five times · 2024-12-16 to 2026-07-17 |
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 three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $273.07.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 11 trading days, since 2026-09-24.
Read from daily closes as of 2026-10-08.
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.
Screens: Trading above the 200-day moving average · Recent death cross (50-day crossed below 200-day) · Tested and reclaimed 200-day support · Broke out to a new 20-day high · in a strong, established uptrend (ADX) · beating the market | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.36 mean, 1=Strong Buy…5=Strong Sell) — 26 analysts
- Mean price target$405.47 range $300.00 – $470.00; median $407.94
Analyst estimates, as of 2026-10-07. 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 2026-10-07
- Estimate change, 30 days+$0.00055 (+0.0%) from $2.05, on 2026-09-02, 35-day window
- Readings revised upward25% of 8 comparable readings
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.
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."]
What changed in the latest 10-Q
AI-assisted comparison of CDNS's 10-Q filed 2026-07-29 against the prior one filed 2026-05-01.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-07-29) adds 'increased energy costs' and 'supply chain constraints' to the list of macroeconomic and geopolitical factors.
- Newer filing (2026-07-29) describes the Hexagon D&E acquisition as 'accelerates our ISD strategy' instead of 'is expected to accelerate our ISD strategy'.
- Newer filing (2026-07-29) states revenue/cost of revenue associated with the D&E acquisition for 'the three and six months ended June 30, 2026' whereas the older filing refers only to 'the three months ended March 31, 2026'.
- Newer filing (2026-07-29) adds language about BIS publishing a one-year suspension of the new rule on November 11, 2025.
- Removed:
- Older filing (2026-05-01) refers to 'legal, administrative and tax proceedings, including our settlements with BIS and the DOJ and ongoing obligations' whereas the newer filing removes the specific reference to BIS and DOJ settlements and ongoing obligations.
- Older filing (2026-05-01) contains a duplicate sentence describing customers as 'semiconductor companies that design and manufacture semiconductor devices, as well as systems companies that design and manufacture products containing many different types of semiconductors' which is removed in the newer filing.
- Reworded:
- Older filing (2026-05-01) describes customers as 'semiconductor companies that design and manufacture integrated circuits ("ICs"), as well as systems companies that design and manufacture electromechanical systems'; newer filing (2026-07-29) changes to 'companies that design and manufacture semiconductors, as well as companies that design and manufacture electromechanical systems'.
- Older filing (2026-05-01) states products 'empower our customers to design and verify and bring to life'; newer filing (2026-07-29) states 'design, verify and bring to life' (added comma).
- Newer filing (2026-07-29) changes 'obligations under our BIS and DOJ settlement agreements' to delete specific BIS/DOJ reference in forward-looking statements list.
- Notes:
- The newer filing text is truncated at 'that is currently set' in the Macroeconomic and Geopolitical Environment section; the full extent of changes in that section cannot be determined.
- The older filing text is truncated at 'other certain sanctioned parties,' in the Macroeconomic and Geopolitical Environment section; the full extent of changes in that section cannot be determined.
Risk Factors
- Added:
- Newer filing (2026-07-29) states the two risk factors were updated "as set forth in our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026"; older filing (2026-05-01) states the two risk factors were updated "below".
- Reworded:
- Newer filing (2026-07-29) adds "or that is critical to our or their supply chain" to the sentence about significant disruption in areas where the company or customers operate; older filing (2026-05-01) lacked that phrase.
- Notes:
- The older filing text appears truncated at the end ("...could cause sy"), preventing full comparison of the second risk factor.
- Both filings contain the same introductory update statement but with different phrasing about where the updates are located.
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.
Insider activity (SEC Form 4)
0 open-market purchases and 24 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 30 days · read to 2026-10-040 buys · 6 sells ($1M) — 3 selling insiders
- Last 90 days · read to 2026-10-040 buys · 24 sells ($6M) — 5 selling insiders
- Last 180 days · read to 2026-10-040 buys · 76 sells ($77M) — 8 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-10-01. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CDNS's insider activity →
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.
U.S. House 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 12 matched disclosures for CDNS from U.S. House Clerk Periodic Transaction Report filings.
U.S. House trading disclosures →Institutional ownership (13F)
5 institutional 13F filers reported holding CDNS as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 51,875,225
- Reported value $19,469,809,412
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 1 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.
Ask about CDNS's institutional holders → See what each manager we track holds →
Short interest (FINRA)
CDNS had 4,347,608 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
CDNS had 1.58% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1.62 days to cover at the same settlement.
- Reported short interest (shares) 4,347,608
- Short interest (% of shares outstanding) 1.58%
- Prior settlement (shares) 5,809,747
- Reported change -25.17%
- Days to cover (reported) 1.62
Reported to FINRA as of the 2026-09-15 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.
Competitors & peers
- Synopsys (SNPS)
- Siemens EDA (Mentor Graphics)
- Ansys (ANSS)
- Keysight Technologies (KEYS)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare CDNS vs…
Cadence Design Systems is found in…
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 U.S. House stock trading in CDNS?
Yes — we hold 12 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 64, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CDNS come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; 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: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.