CDNS stock forecast, quote, news & analysis
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products... Show more
Why Cadence Design Systems (CDNS) Is Up +26.5% in the Last 30 Days
Key Takeaways
- CDNS stock surged +26.5% over the past 30 days, driven primarily by strong Q1 2026 earnings that beat estimates on revenue and EPS, fueled by AI demand.
- Over the past quarter, the stock rose +24.7%, reflecting sustained AI-driven growth in electronic design automation (EDA) and a record backlog.
- Key catalysts include robust demand for AI chip design tools, analyst price target increases post-earnings, and raised full-year revenue guidance to ~17% growth.
- Core EDA, IP, and hardware segments all showed double-digit growth, with a record $8.0 billion backlog underscoring future revenue visibility.
- Positive market sentiment in the semiconductor and AI sectors supported the upward price movement amid broader tech trends.
Cadence Design Systems (CDNS) Company Overview and Market Position
Cadence Design Systems, Inc. (CDNS) is a leading provider of electronic design automation (EDA) software, semiconductor intellectual property (IP), and engineering services. The company enables the design and verification of complex integrated circuits (ICs) and electronic systems used in high-performance computing, AI, automotive, and consumer electronics. Its core business model revolves around subscription-based licensing of EDA tools, IP blocks, and hardware emulation platforms, generating recurring revenue from a subscription model that now dominates its topline.
In the competitive EDA industry, Cadence holds a strong position alongside peers like SNPS, benefiting from high barriers to entry due to technological complexity and customer stickiness. Its exposure to AI infrastructure demand—through tools like Cerebrus AI and Verisium SimAI—directly explains recent stock strength, as chipmakers ramp up designs for advanced nodes and AI accelerators. Solid fundamentals, including high margins (~45% non-GAAP operating) and a growing backlog, reinforce resilience amid market volatility.
Cadence Design Systems (CDNS) Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 days, CDNS stock climbed +26.5%, from a close of approximately $279 on April 7, 2026, to around $354 currently. The movement was trend-driven and volatile, with a sharp acceleration post-Q1 earnings on April 27, marked by high trading volume on announcement days.
For the past quarter, the stock advanced +24.7%, from roughly $284 around early February to $354 today. Performance was range-bound earlier due to market weakness but turned steadily upward on AI momentum and earnings beats, outperforming broader indices amid semiconductor sector rotation.
What Drove CDNS Stock Price in the Last 30 Days
The primary catalyst was Cadence's Q1 2026 earnings release on April 27, reporting revenue of $1.474 billion (up 18.7% YoY, beating estimates by $10 million) and non-GAAP EPS of $1.96 (beating by $0.07). A record $8.0 billion backlog and raised FY2026 revenue guidance to $6.125-$6.225 billion (~17% growth) signaled strong AI demand visibility.
Core EDA revenue grew 18% on adoption of AI-driven solutions for advanced digital implementation, custom design, and verification at AI infrastructure leaders. Hardware hit a record quarter from AI and high-performance computing demand. Following the beat, analysts raised price targets—e.g., Citi to $400, Wells Fargo and KeyBanc to $400 and $425—fueling a post-earnings rally. Sector sentiment in AI and semiconductors amplified the move, with shares jumping over 7% immediately after the report.
What Drove CDNS Stock Performance Over the Last Quarter
The quarter's +24.7% gain built on Q4 2025 results (February 17), with $1.44 billion revenue (up 6.2% YoY, beat) and $1.99 non-GAAP EPS, plus a then-record $7.8 billion backlog. Sustained AI chip design demand drove double-digit growth across EDA (71% of revenue), IP (14%), and System Design & Analysis (15%).
Macro trends like AI infrastructure buildout and hyperscaler capex boosted EDA needs for complex chips. Competitive positioning strengthened via IP wins in HBM4 and PCIe, plus partnerships. Institutional buying and positive analyst sentiment amid tech recovery had cumulative impact, though early-quarter dips reflected broader market pullbacks before AI catalysts reasserted dominance.
Trending AI Robots
Tickeron’s Trending AI Robots page showcases the platform's top-performing AI trading bots from hundreds available, each analyzing thousands of tickers across various strategies, timeframes, and performance metrics like win rate, profit factor, and drawdown. These curated bots, optimized for stocks like CDNS, employ machine learning to detect patterns in price movements, volume, and indicators, offering automated signals for short-term trades or long-term positions. While past performance varies and no bot guarantees results, the section highlights those with consistent outperformance in recent market trends, such as AI and tech surges. Explore the page to identify bots aligning with your risk tolerance and backtest them on historical data before deploying.
CDNS Stock Forecast Drivers: What Investors Should Watch Next
Investors should monitor Q2 2026 earnings for updates on backlog conversion and AI adoption metrics. Ongoing industry trends in AI chip complexity and advanced packaging will influence demand for EDA tools. Macro factors like interest rates, semiconductor capex from hyperscalers, and U.S.-China trade dynamics could sway sentiment. Strategic developments, including Hexagon acquisition integration (adding Physical AI capabilities) and new AI platforms like AgentStack, merit attention. Risks include acquisition-related costs impacting margins, while catalysts like further IP wins or hardware deals could drive upside.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full Disclaimers and Limitations.
CDNS sees MACD Histogram crosses below signal line
CDNS saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 09, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 51 instances where the indicator turned negative. In of the 51 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for CDNS moved out of overbought territory on June 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator moved out of overbought territory. In of the 48 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on CDNS as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CDNS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CDNS broke above its upper Bollinger Band on June 01, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where CDNS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The 50-day moving average for CDNS moved above the 200-day moving average on June 01, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CDNS advanced for three days, in of 342 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 227 cases where CDNS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. CDNS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (16.367) is normal, around the industry mean (25.763). P/E Ratio (90.685) is within average values for comparable stocks, (73.584). CDNS's Projected Growth (PEG Ratio) (3.693) is slightly higher than the industry average of (1.393). Dividend Yield (0.000) settles around the average of (0.051) among similar stocks. P/S Ratio (19.231) is also within normal values, averaging (52.220).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a developer of integrated circuits and electronic devices and provides software services
Industry PackagedSoftware