Cadence Design Systems (CDNS) Expected to Release Quarterly Earnings on Monday

Key Points

• Cadence Design Systems is expected to report Q2 2026 earnings on Monday, July 27, after the market close, with analysts forecasting $2.05 per share on $1.5769 billion in revenue.
• The company’s most recent quarter beat expectations, posting $1.96 EPS on $1.47 billion in revenue, and Cadence is guiding for FY 2026 EPS of $7.85 to $7.95.
• Wall Street remains cautiously bullish: the stock has a Moderate Buy rating and an average price target of about $393.65, while recent insider sales and concerns about AI-driven EDA disruption have added some near-term pressure.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) will likely be posting its Q2 2026 results after the market closes on Monday, July 27th. Analysts expect the company to announce earnings of $2.05 per share and revenue of $1.5769 billion for the quarter. Cadence Design Systems has set its FY 2026 guidance at 7.850-7.950 EPS and its Q2 2026 guidance at 2.020-2.080 EPS. Parties may review the information on the company's upcoming Q2 2026 earning report for the latest details on the call scheduled for Monday, July 27, 2026 at 5:00 PM ET.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last posted its earnings results on Monday, April 27th. The software maker reported $1.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.91 by $0.05. The company had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.46 billion. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. Cadence Design Systems's quarterly revenue was up 18.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.57 EPS. On average, analysts expect Cadence Design Systems to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Cadence Design Systems Stock Performance

Shares of CDNS stock opened at $330.11 on Monday. Cadence Design Systems has a 52 week low of $262.75 and a 52 week high of $416.69. The company has a market capitalization of $91.05 billion, a price-to-earnings ratio of 76.95, a PEG ratio of 3.91 and a beta of 1.15. The company has a 50-day simple moving average of $376.09 and a 200 day simple moving average of $328.65. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.47.

Insider Buying and Selling

In related news, VP Paul Scannell sold 7,081 shares of the business's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $393.91, for a total value of $2,789,276.71. Following the completion of the sale, the vice president directly owned 32,181 shares in the company, valued at approximately $12,676,417.71. The trade was a 18.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James D. Plummer sold 1,511 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $381.34, for a total value of $576,204.74. Following the sale, the director directly owned 23,264 shares in the company, valued at $8,871,493.76. This represents a 6.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 157,057 shares of company stock valued at $60,272,277 in the last quarter. Corporate insiders own 0.49% of the company's stock.

Institutional Investors Weigh In On Cadence Design Systems

Institutional investors and hedge funds have recently bought and sold shares of the company. Imprint Wealth LLC bought a new position in Cadence Design Systems in the 3rd quarter valued at about $31,000. Swiss RE Ltd. bought a new stake in shares of Cadence Design Systems during the 4th quarter worth approximately $29,000. JPL Wealth Management LLC bought a new stake in shares of Cadence Design Systems during the 3rd quarter worth approximately $35,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Cadence Design Systems during the 2nd quarter worth approximately $32,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Cadence Design Systems during the 4th quarter worth approximately $34,000. Institutional investors own 84.85% of the company's stock.

Wall Street Analysts Forecast Growth

CDNS has been the subject of a number of research analyst reports. Piper Sandler boosted their price objective on Cadence Design Systems from $319.00 to $325.00 and gave the stock a "neutral" rating in a report on Tuesday, April 28th. Berenberg Bank set a $440.00 target price on Cadence Design Systems in a research note on Wednesday, May 27th. KeyCorp lifted their price target on Cadence Design Systems from $405.00 to $425.00 and gave the stock an "overweight" rating in a report on Tuesday, April 28th. Robert W. Baird boosted their price target on Cadence Design Systems from $381.00 to $385.00 and gave the company an "outperform" rating in a research note on Tuesday, April 28th. Finally, Rosenblatt Securities upped their price objective on Cadence Design Systems from $375.00 to $410.00 and gave the company a "buy" rating in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, Cadence Design Systems currently has an average rating of "Moderate Buy" and an average target price of $393.65.

More Cadence Design Systems News

Here are the key news stories impacting Cadence Design Systems this week:

• Positive Sentiment: Benchmark upgraded Cadence to Strong Buy, and recent brokerage commentary put the average price target around $387, indicating Wall Street still sees upside from current levels. Zacks.com
• Positive Sentiment: Cadence recently launched new AI products, including the AuraStack AI Super Agent for PCB and advanced packaging design, reinforcing the company’s growth narrative in AI-driven design workflows. Business Wire article
• Positive Sentiment: The company also announced a partnership with Rapidus to advance agentic AI for advanced SoC design, which could support longer-term demand for Cadence’s software tools. Business Wire article
• Neutral Sentiment: Cadence is due to report second-quarter results on July 27, and some of the weakness may reflect investors taking profits or reducing exposure ahead of earnings. MSN article
• Negative Sentiment: Shares are also being hit by broader fears that Moonshot and other AI-driven tools could disrupt the EDA industry, pressuring Cadence and peers like Synopsys on concerns about future pricing power and competition. MSN article

About Cadence Design Systems

Cadence Design Systems, Inc NASDAQ: CDNS is a global provider of electronic design automation (EDA) software, hardware and intellectual property used to design and verify advanced semiconductor chips, systems-on-chip (SoCs), printed circuit boards (PCBs) and packaging. Headquartered in San Jose, California and founded in 1988, Cadence serves semiconductor companies, original equipment manufacturers and system designers across the globe, helping customers accelerate design cycles and manage the complexity of modern integrated systems.

The company's offerings span software tools for digital, custom/analog and mixed-signal design, verification and signoff, as well as solutions for system-level modeling, thermal and signal integrity analysis, and PCB and package design.

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