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

Cadence Design Systems (NASDAQ:CDNS) is expected to announce 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. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary 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 EPS for the quarter, topping 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 business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the previous year, the firm posted $1.57 earnings per share. The firm’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 Stock Performance

Shares of CDNS opened at $326.24 on Friday. The stock has a market capitalization of $89.98 billion, a price-to-earnings ratio of 76.05, a PEG ratio of 3.91 and a beta of 1.15. Cadence Design Systems has a 12 month low of $262.75 and a 12 month high of $416.69. The firm has a fifty day simple moving average of $373.92 and a 200 day simple moving average of $329.27. The company has a current ratio of 1.47, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38.

Insiders Place Their Bets

In other Cadence Design Systems news, VP Paul Cunningham sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $391.00, for a total value of $782,000.00. Following the sale, the vice president owned 126,586 shares in the company, valued at $49,495,126. This represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Scannell sold 7,081 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $393.91, for a total value of $2,789,276.71. Following the completion of the sale, the vice president directly owned 32,181 shares of the company’s stock, valued at approximately $12,676,417.71. The trade was a 18.04% 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 sold a total of 157,057 shares of company stock worth $60,272,277 in the last three months. Insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Townsquare Capital LLC boosted its position in Cadence Design Systems by 3.6% during the fourth quarter. Townsquare Capital LLC now owns 977 shares of the software maker’s stock worth $305,000 after purchasing an additional 34 shares during the period. Triumph Capital Management increased its holdings in shares of Cadence Design Systems by 6.9% in the fourth quarter. Triumph Capital Management now owns 539 shares of the software maker’s stock valued at $168,000 after purchasing an additional 35 shares during the last quarter. Jacobi Capital Management LLC raised its position in shares of Cadence Design Systems by 3.8% in the fourth quarter. Jacobi Capital Management LLC now owns 976 shares of the software maker’s stock valued at $305,000 after purchasing an additional 36 shares during the period. Circle Wealth Management LLC lifted its stake in shares of Cadence Design Systems by 1.5% during the 4th quarter. Circle Wealth Management LLC now owns 3,327 shares of the software maker’s stock worth $1,040,000 after buying an additional 50 shares during the last quarter. Finally, L2 Asset Management LLC lifted its stake in shares of Cadence Design Systems by 4.2% during the 3rd quarter. L2 Asset Management LLC now owns 1,277 shares of the software maker’s stock worth $449,000 after buying an additional 51 shares during the last quarter. 84.85% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Stifel Nicolaus increased their price objective on shares of Cadence Design Systems from $395.00 to $432.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Berenberg Bank set a $440.00 target price on Cadence Design Systems in a report on Wednesday, May 27th. Needham & Company LLC reissued a “buy” rating and set a $400.00 price target on shares of Cadence Design Systems in a research report on Tuesday, April 28th. Wells Fargo & Company raised their price target 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. Finally, Citigroup boosted their price target on Cadence Design Systems from $385.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. One 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 stock. According to data from MarketBeat.com, the company currently 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.