US · Technology · Software - Application
EPS came in at 1.59 against a street estimate of 1.61 — a miss of 1.2%.
Analysts rate Cadence Design Systems Inc a strong buy (22 buy, 2 hold, 0 sell out of 24) with an average price target of $411.76.
CONFIDENT Cadence delivered a strong Q3, with 22% revenue growth, record $8.2 billion backlog, broad product momentum, and raised 2026 revenue and EPS guidance. Agentic AI adoption is accelerating, though Hexagon integration limits current margin expansion. Q3 FY26 No regional revenue breakdown was discussed. Analysts focused on Agentic AI monetization, hardware durability, margins, competitive positioning, and backlog strength. Management emphasized domain-specific models, strong demand, customer deployments, and temporary Hexagon-related margin dilution. 2026-10-26…
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| Fund | Stake |
|---|---|
| BlackRock Inc | 9.72% |
| Vanguard Capital Management, LLC | 6.57% |
| State Street Corp | 4.75% |
| FMR Inc | 3.48% |
| Amvescap Plc. | 3.27% |
| JPMorgan Chase & Co | 2.87% |
| Geode Capital Management, LLC | 2.62% |
| Vanguard Portfolio Management, LLC | 2.54% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • Q3 2026 revenue was $1,633,311 thousand, up from $1,338,838 thousand in Q3 2025. • Nine-month 2026 revenue was $4,691,982 thousan | 2026-10-28 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Q3 2026 revenue was $1.633 billion, up 22% year over year from $1.339 billion in Q3 2025. • Q3 GAAP operating margin was 26.2%; n | 2026-10-26 |
| Quarterly report · Q2 2026 CADENCE DESIGN SYSTEMS, INC. – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Revenue (6M 2026): $3,058.7 million vs. $2,517.8 million (6M 2025) — +2 | 2026-07-29 |
| Results announced · Q3 2026 CADENCE DESIGN SYSTEMS Q2 2026 FINANCIAL SUMMARY HEADLINE NUMBERS • Q2 2026 Revenue: $1,584 million (exceeded guidance) • Non-GAAP Operating Margin: | 2026-07-27 |
| Board / officer change · Q2 2026 CADENCE DESIGN SYSTEMS, INC. — FORM 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting Date: May 7, 2026 • Stock Symbol: CDNS (Nasdaq Global Select Marke | 2026-05-12 |
| Quarterly report · Q1 2026 CADENCE DESIGN SYSTEMS, INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Q1 2026 total revenue: $1,474.2 million (up 18.6% vs Q1 2025: $1,242.4 millio | 2026-05-01 |
| Results announced · Q2 2026 CADENCE DESIGN SYSTEMS, INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • This document is a Form 8-K filing dated April 27, 2026, announcing Q1 2026 finan | 2026-04-27 |
| Proxy statement · Q2 2026 CADENCE DESIGN SYSTEMS, INC. – 2026 PROXY SUMMARY --- EXECUTIVE PAY CEO Total Compensation & Change: - CEO (Dr. Anirudh Devgan) compensation packag | 2026-03-25 |
Readable in the app.
| Announcement | Date |
|---|---|
| Additional $2.5 billion approved for share repurchases under existing program Cadence Design Systems’ board authorized up to an additional $2.5 billion to repurchase the company’s common stock under its existing buyback program. Cadence can make purchases in the open | 2026-10-26 |
| Acquisition of design and engineering business from Hexagon Smart Solutions completed Cadence Design Systems completed its acquisition of Hexagon Smart Solutions AB's design and engineering business on February 23, 2026. As partial payment for this acquisition, Cadence issued | 2026-02-23 |
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Open in the appGoogle PlayApp StoreData updated 2026-11-07.