Added to YB: 2026-07-31
Pitch date: 2026-07-28
CDNS [neutral]
Cadence Design Systems, Inc.
-4.64%
current return
Author Info
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Company Info
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.
Market Cap
$91.8B
Pitch Price
$349.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
41.78
P/E
66.15
EV/Sales
15.90
Sector
Software
Category
growth
Cadence Q2 2026
CDNS (earnings): Q2'26 rev $1.584B (+24% YoY), non-GAAP EPS $2.39 (+27.8%), beat & 2nd FY raise to $6.26-6.34B (~19%) / EPS $8.05-8.15. Backlog $8.1B (+27%), cRPO $4.2B (+35%) in low-renewal year. IP +40%. Agentic AI a demand accelerator, not disruptor; new Intel deal. China 15% rev = key risk.
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