Cadence Design Systems Inc (CDNS) Stock Price & Analysis
Cadence Design Systems Inc (CDNS) fell 0.85% to USD 390.9 as of June 9, 2026 at 22:37 UTC, according to Nexqual real-time market data.
CDNS last closed at USD 394.24; the session ranged USD 377.11–406.67 on volume of 2,591,734 shares. Market capitalization is $107.82B, with a 52-week range of USD 262.75–416.69 (NMS). Source: Nexqual, June 9, 2026 at 22:37 UTC.
Key Statistics (as of June 9, 2026 at 22:37 UTC)
| Price | USD 390.9 |
|---|---|
| Change | ▼ 0.85% (down) |
| Previous Close | USD 394.24 |
| Open | USD 396.66 |
| Day Range | USD 377.11 – 406.67 |
| 52-Week Range | USD 262.75 – 416.69 |
| Volume | 2,591,734 shares |
| Market Cap | $107.82B |
| Exchange | NMS |
Technical Analysis (CDNS)
Nexqual's technical model rates CDNS "STRONG BUY" based on 5 bullish and 0 bearish signals across 124 daily candles, as of June 9, 2026 at 22:37 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 57.7 (neutral) |
| vs SMA50 | Above (USD 338.57) |
| MACD | 16.62 (positive) |
Analyst Ratings (CDNS)
Wall Street analysts rate CDNS "Strong Buy" based on 26 analysts, with a mean price target of USD 385.37 (range USD 275–440), per Nexqual as of June 9, 2026 at 22:37 UTC.
| Consensus Rating | Strong Buy |
|---|---|
| Analyst Count | 26 |
| Mean Target | USD 385.37 |
| High Target | USD 440 |
| Low Target | USD 275 |
| Buy / Hold / Sell | 22 / 2 / 1 |
Earnings (CDNS)
| Next Earnings Date | 2026-07-27 |
|---|---|
| EPS Estimate | USD 2.05 |
| Revenue Estimate | $1.58B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-03-31 | USD 1.96 vs est 1.89 ▲ beat |
| 2025-12-31 | USD 1.99 vs est 1.91 ▲ beat |
| 2025-09-30 | USD 1.93 vs est 1.79 ▲ beat |
| 2025-06-30 | USD 1.65 vs est 1.56 ▲ beat |
Source: Nexqual, June 9, 2026 at 22:37 UTC.
Financials & Fundamentals (CDNS)
| Total Revenue | $5.53B |
|---|---|
| Revenue Growth (YoY) | +18.70% |
| Gross Margin | +86.08% |
| Operating Margin | +29.70% |
| Profit Margin | +21.18% |
| ROE | +20.66% |
| Debt / Equity | 46.99 |
| Current Ratio | 1.47 |
| Total Cash | $1.55B |
| Total Debt | $3.08B |
| Free Cash Flow | $1.50B |
Source: Nexqual, June 9, 2026 at 22:37 UTC.
Financial Health Score (CDNS)
Nexqual rates Cadence Design Systems Inc's overall financial health "Strong" across five dimensions, as of June 9, 2026 at 22:37 UTC.
| Growth | Solid — Revenue +14% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 86%, operating 30% |
| Balance Sheet | Solid — $1.55B cash vs $3.08B debt |
| Cash Flow | Strong — FCF $1.50B, 28% margin |
| Efficiency | Strong — ROE 21%, ROA 10.4% |
Ownership (CDNS)
| Insider Ownership | +0.29% |
|---|---|
| Institutional Ownership | +91.11% |
| Shares Outstanding | 275.82M |
| Float | 274.54M |
| Short % of Float | +1.98% |
Source: Nexqual, June 9, 2026 at 22:37 UTC.
Leadership (CDNS)
Cadence Design Systems Inc is led by Anirudh Devgan (age 55), CEO, President & Director, per Nexqual as of June 9, 2026 at 22:37 UTC.
| CEO, President & Director | Anirudh Devgan (age 55) |
|---|---|
| Senior VP & CFO | John M. Wall (age 54) |
| Senior Vice President of Global Customer Success Team | Paul Scannell (age 59) |
| Vice President of Investor Relations | Richard Gu |
Major Backers & Investors (CDNS)
Notable institutional backers of Cadence Design Systems Inc include FMR, LLC, JPMorgan, Invesco, according to Nexqual as of June 9, 2026 at 22:37 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 3.32% |
| JPMorgan | 2.37% |
| Invesco | 2.14% |
| Jennison Associates LLC | 2.09% |
| Alliancebernstein L.P. | 1.82% |
| Wellington Management | 1.78% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 16.78% |
| BlackRock | 10.51% |
| State Street | 5.71% |
| Geode Capital | 2.86% |
Source: Nexqual, June 9, 2026 at 22:37 UTC.
From Cadence Design Systems Inc's Latest SEC 10-K Filing (filed 2026-02-19)
Key Strengths & Strategy (as disclosed to the SEC)
- Our Palladium® Enterprise Emulation Platform and Protium™ field programmable gate arrays ("FPGA")-Based Prototyping Platforms significantly reduce simulation times, enabling comprehensive chip verification, early bug detection, and hardware/software co-verification.
- Our Millennium™ Multiphysics Enterprise Platform is an industry-first turnkey AI-enabled digital twin and is designed to overcome traditional CFD speed/accuracy and compute resource limitations with a combination of GPU resident CFD solvers such as Fidelity LES for large eddy simulations ("LES") and scalable high-performance hardware.
- Integrity 3D-IC is the industry's first integrated system and SoC-level solution that enables system analysis, including co-design, with Virtuoso and Allegro implementation environments.
- In fiscal 2025, we announced our intent to acquire the Design & Engineering ("D&E") business of Hexagon Smart Solutions AB ("Hexagon"), including its MSC Software division, which is expected to accelerate our ISD strategy.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SNPS | Synopsys, Inc. | USD 465.27 | ▲ 0.09% |
| KLAC | KLA Corporation | USD 2,139.37 | ▲ 10.89% |
| LRCX | Lam Research Corporation | USD 327.16 | ▲ 7.87% |
| ANET | Arista Networks, Inc. | USD 152.16 | ▼ 1.37% |
| ADI | Analog Devices, Inc. | USD 404.62 | ▲ 0.8% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: June 9, 2026 at 22:37 UTC. This page is informational and not investment advice.