CDNS
$CDNS
Cadence Design Systems, Inc.
Electronic design automation software for semiconductor and systems design.
Technology$329.52
+5.77 (+1.78%)
Day Range$319.90 - $331.67
Prev Close$323.75
Analyst Rating
Strong Buy
22 Buy / 2 Hold / 0 Sell
Price Target
$405.08
22.9% upside
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Latest Report
Analysis from Oct 31, 2026
CDNS: AI Tailwinds and Valuation Check
Cadence ($CDNS) reported a Q3 beat and raised guidance as AI-related design demand drives backlog and revenue growth. Analysts remain constructive, but the stock trades at a premium relative to fundamentals.
Oct 31, 2026
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