Cadence Design Systems (CDNS) is trading down at $329.46 (-1.42%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
Analyst price targets on CDNS
One firm's current price target on Cadence Design Systems: $425 — 29% above the current $329. Each is tracked to its date and scored the same way a member's call is.
- KeyBanc Capital Markets $345 → $425 by Jul 2027 Jul 28, 2026 via Investing.com · KeyBanc Capital Markets's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Cadence Design Systems revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Jan 2021 | FY2021Jan 2022 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.82B | $1.94B | $2.14B | $2.34B | $2.68B | $2.99B | $3.56B | $4.09B | $4.64B | $5.30B |
| Growth (year over year) | +6.7% | +7.0% | +10.0% | +9.3% | +14.8% | +11.4% | +19.2% | +14.8% | +13.5% | +14.1% |
| Operating income | $244.9M | $324.0M | $396.2M | $491.8M | $645.6M | $779.1M | $1.07B | $1.25B | $1.35B | $1.49B |
| Operating margin | 13.5% | 16.7% | 18.5% | 21.1% | 24.1% | 26.1% | 30.1% | 30.6% | 29.1% | 28.2% |
| Net income | $203.1M | $204.1M | $345.8M | $989.0M | $590.6M | $696.0M | $849.0M | $1.04B | $1.06B | $1.11B |
| Net margin | 11.2% | 10.5% | 16.2% | 42.3% | 22.0% | 23.3% | 23.8% | 25.5% | 22.7% | 20.9% |
| EPS (diluted) | $0.70 | $0.73 | $1.23 | $3.53 | $2.11 | $2.50 | $3.09 | $3.82 | $3.85 | $4.06 |
| Balance sheet | ||||||||||
| Cash and equivalents | $465.2M | $688.1M | $533.3M | $705.2M | $928.4M | $1.09B | $882.3M | $1.01B | $2.64B | $3.00B |
| Total assets | $2.10B | $2.42B | $2.47B | $3.36B | $3.95B | $4.39B | $5.14B | $5.67B | $8.97B | $10.2B |
| Total liabilities | $1.36B | $1.43B | $1.18B | $1.25B | $1.46B | $1.65B | $2.39B | $2.27B | $4.30B | $4.68B |
| Shareholders' equity | $741.8M | $989.2M | $1.29B | $2.10B | $2.49B | $2.74B | $2.75B | $3.40B | $4.67B | $5.47B |
| Cash flow | ||||||||||
| Operating cash flow | $444.9M | $470.7M | $604.8M | $729.6M | $904.9M | $1.10B | $1.24B | $1.35B | $1.26B | $1.73B |
| Capital expenditure | $53.7M | $57.9M | $61.5M | $74.6M | $94.8M | $65.3M | $123.2M | $102.3M | $142.5M | $141.9M |
| Free cash flow | $391.2M | $412.8M | $543.2M | $655.0M | $810.1M | $1.04B | $1.12B | $1.25B | $1.12B | $1.59B |
| Share buybacks | $960.3M | $100.0M | $250.1M | $306.1M | $380.1M | $612.3M | $1.05B | $700.1M | $550.0M | $925.0M |
| Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.06B | $1.22B | $1.36B | $1.24B | $1.28B | $1.34B | $1.44B | $1.47B |
| Growth (year over year) | +8.6% | +18.8% | +26.9% | +23.1% | +20.2% | +10.1% | +6.2% | +18.7% |
| Operating income | $293.9M | $350.1M | $456.9M | $361.5M | $241.8M | $425.4M | $463.3M | $431.3M |
| Operating margin | 27.7% | 28.8% | 33.7% | 29.1% | 19.0% | 31.8% | 32.2% | 29.3% |
| Net income | $229.5M | $238.1M | $340.2M | $273.6M | $160.1M | $287.1M | $388.1M | $335.7M |
| Net margin | 21.6% | 19.6% | 25.1% | 22.0% | 12.5% | 21.4% | 27.0% | 22.8% |
| EPS (diluted) | $0.84 | $0.87 | $1.23 | $1.00 | $0.59 | $1.05 | $1.42 | $1.23 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.06B | $2.79B | $2.64B | $2.78B | $2.82B | $2.75B | $3.00B | $1.41B |
| Total assets | $7.23B | $9.17B | $8.97B | $9.01B | $9.51B | $9.60B | $10.2B | $12.1B |
| Total liabilities | $2.96B | $4.60B | $4.30B | $4.24B | $4.50B | $4.40B | $4.68B | $5.54B |
| Shareholders' equity | $4.26B | $4.56B | $4.67B | $4.78B | $5.01B | $5.20B | $5.47B | $6.56B |
| Cash flow | ||||||||
| Operating cash flow | $156.0M | $410.0M | $441.4M | $487.0M | $377.6M | $310.7M | $553.5M | $355.8M |
| Capital expenditure | $29.2M | $26.5M | $37.2M | $23.1M | $44.1M | $33.7M | $41.0M | $48.8M |
| Free cash flow | $126.8M | $383.5M | $404.2M | $464.0M | $333.5M | $277.0M | $512.5M | $307.0M |
| Share buybacks | $125.0M | $150.0M | $150.0M | $350.0M | $175.0M | $200.0M | $200.0M | $200.0M |
From Cadence Design Systems's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Cadence Design Systems
Cadence Design Systems, Inc. is an American multinational technology and computational software company headquartered in San Jose, California. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, the company currently makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, as well as develops large-scale molecular modelling applications and toolkits for pharmaceutical drug developers. The company also licenses intellectual property for the electronics, aerospace, defense and automotive industries.
Source: Wikipedia — Cadence Design Systems
- Headquarters
- San Jose, California From SEC filings, Oct 2026
Recent News (20)
-
Sr. VP Paul Cunningham sells $554k in Cadence Design Systems stock
Sr. VP Paul Cunningham sells $554k in Cadence Design Systems stock
-
Cadence design systems director Ita M. Brennan sells $51,391 in shares
Cadence design systems director Ita M. Brennan sells $51,391 in shares
-
How Is Cadence Design Systems’ Stock Performance Compared to Other Application Software Stocks
How Is Cadence Design Systems’ Stock Performance Compared to Other Application Software Stocks
-
Cadence design systems Sr. VP Paul Scannell sells $94,920 in stock
Cadence design systems Sr. VP Paul Scannell sells $94,920 in stock
-
Cadence Design Systems: Buy The Dip Opportunity (Technical Analysis) Cadence Design Systems: Buy The Dip Opportunity (Technical Analysis) Seeking Alpha
-
Cadence Design Systems Sees AI Agents Driving Chip Design Boom and Growth
Cadence Design Systems Sees AI Agents Driving Chip Design Boom and Growth
-
Cadence Design Systems SVP Chin-Chi Teng Sells 4,732 Shares for $1.5 Million
Cadence Design Systems SVP Chin-Chi Teng Sells 4,732 Shares for $1.5 Million
-
Cadence design sr. VP Teng sells $1.49m in stock
Cadence design sr. VP Teng sells $1.49m in stock
-
Is Wall Street Bullish or Bearish on Cadence Design Stock?
Is Wall Street Bullish or Bearish on Cadence Design Stock?
-
INTU or CDNS: Which Is the Better Value Stock Right Now? INTU or CDNS: Which Is the Better Value Stock Right Now? Yahoo Finance Singapore
-
-
Form 4 Cadence Design Systems Inc For: 3 August Form 4 Cadence Design Systems Inc For: 3 August
-
Cadence Design Systems (CDNS): Agentic Capabilities Improve New Growth Engine Cadence Design Systems (CDNS): Agentic Capabilities Improve New Growth Engine
-
Cadence Design Systems, Inc. Q2 2026 Earnings Call Summary Cadence Design Systems, Inc. Q2 2026 Earnings Call Summary
-
KeyBanc reiterates Cadence Design stock rating on strong guidance KeyBanc reiterates Cadence Design stock rating on strong guidance
-
Cadence Design earnings beat by $0.06, revenue was in line with estimates
Cadence Design earnings beat by $0.06, revenue was in line with estimates
-
Cadence Design Systems SVP Paul Cunningham Sells 2,000 Shares for $767,000 Cadence Design Systems SVP Paul Cunningham Sells 2,000 Shares for $767,000
-
Form 4 Cadence Design Systems Inc For: 23 July Form 4 Cadence Design Systems Inc For: 23 July
-
Cadence design systems Sr. VP Teng sells $1.5m in stock Cadence design systems Sr. VP Teng sells $1.5m in stock
-
Does This Dip In Cadence Design Systems Stock Signal An Opening? Does This Dip In Cadence Design Systems Stock Signal An Opening?
More Information Technology stocks
- APP AppLovin
- ARM Arm Holdings
- ASML ASML Holding
- AVGO Broadcom
- CDW CDW Corporation
- CIEN Ciena
- COHR Coherent Corp.
- CRM Salesforce