Cadence Design Systems, Inc. (CDNS)
Technology · end-of-day data as of Oct 16, 2026
The average 12-month analyst price target for CDNS is $400.29, 25.3% above the last close of $319.51 on Oct 16, 2026; targets range from $305.41 to $450.00. Rating consensus: Buy.
Snapshot
- P/E63.5x
- P/E vs sector+90.2%
- P/E vs own-17.2%
- Target upside+25.3%
- ConsensusBuy
- Market cap$87.99B
- FCF yield+1.9%
- Insiders-$5.85M
- Earnings in10d
- News0.00
Why it moved
Cadence Design Systems, Inc. (CDNS) fell 1.5% on Oct 16, 2026.
The market (SPY) fell 1.1%; Technology stocks fell 3.3%. Most of the move came from its sector.
0 stories on the day (30-day average 1.1).
Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.
Price and events
Last close $319.51 · -1.5% over 1y · E earnings · D dividend · S split · A analyst rating change
Technicals
- Trendsideways
- Sector▲ +1.1%
- MAs20▼ 50▼ 100▼ 200▼
- Above MAs0 of 4 above
- MA20×50Golden 4d ago
- RSI44
- Support-3.3%
- Resistance+1.4%
- Off 52w high-23.3%
- Off ATH-23.3%
- 52w range$319.51
- Bollingerlower half
- MACD-2.67
- ATR+3.5%
- Volume1.1x
Analyst price targets
12 firms with a target in the last 12 months · last close $319.51 · as of Oct 16, 2026
Strong buy 5 · Buy 18 · Hold 2 · Sell 0 · Strong sell 0
Revenue and free cash flow
Q2 FY2026: Revenue +24.2% year over year, free cash flow 36.8% of revenue, operating margin 28.4%.
| Q2 FY2026 | Jun 30, 2026 | $1.58B | 1.33 | $582M | 84.9% | 28.4% | 23.2% |
| Q1 FY2026 | Mar 31, 2026 | $1.47B | 1.23 | $307M | 85.4% | 29.3% | 22.8% |
| Q4 FY2025 | Dec 31, 2025 | $1.44B | 1.42 | $512M | 86.9% | 32.3% | 27.0% |
| Q3 FY2025 | Sep 30, 2025 | $1.34B | 1.05 | $277M | 86.4% | 33.8% | 21.4% |
| Q2 FY2025 | Jun 30, 2025 | $1.28B | 0.59 | $334M | 85.6% | 29.0% | 12.5% |
| Q1 FY2025 | Mar 31, 2025 | $1.24B | 1.00 | $464M | 86.5% | 29.1% | 22.0% |
| Q4 FY2024 | Dec 31, 2024 | $1.36B | 1.24 | $404M | 83.8% | 33.7% | 25.1% |
| Q3 FY2024 | Sep 30, 2024 | $1.22B | 0.87 | $383M | 86.6% | 28.8% | 19.6% |
Peers
| 20D | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1 |  | $70.35 | -1.3% | -29.5% | +47.0% | 15.5 | $144B | |
| 2 |  | $288.90 | +1.1% | 0.0% | -9.1% | 26.4 | $114B | |
| 3 |  | $245.20 | -2.6% | -31.9% | +13.5% | 13.7 | $95.43B | |
| 4 |  | $266.13 | -4.7% | -63.7% | +81.8% | 20.5 | $89.4B | |
| 5 |  | $247.11 | -7.2% | -15.7% | +10.9% | 500.6 | $88.73B | |
| 6 | | $319.51 | -1.5% | -23.3% | +25.3% | 63.5 | $87.99B | |
| 7 |  | $325.15 | -1.5% | -51.8% | +25.9% | 19.7 | $86.89B | |
| 8 |  | $136.83 | -9.6% | -54.7% | +80.3% | — | $55.06B |
Data as of Oct 16, 2026 close.
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