Cadence Design Systems (NASDAQ:CDNS) Releases Q2 2025 Earnings Guidance

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) updated its second quarter 2025 earnings guidance on Monday. The company provided EPS guidance of 1.550-1.610 for the period, compared to the consensus EPS estimate of 1.580. The company issued revenue guidance of -. Cadence Design Systems also updated its FY 2025 guidance to 6.730-6.830 EPS.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CDNS shares. Bank of America boosted their target price on Cadence Design Systems from $320.00 to $350.00 and gave the stock a "buy" rating in a research report on Tuesday. Robert W. Baird boosted their price objective on shares of Cadence Design Systems from $293.00 to $325.00 and gave the stock an "outperform" rating in a research report on Tuesday. Oppenheimer dropped their target price on shares of Cadence Design Systems from $225.00 to $200.00 and set an "underperform" rating for the company in a report on Wednesday, March 19th. Loop Capital lowered their price target on shares of Cadence Design Systems from $360.00 to $340.00 and set a "buy" rating on the stock in a research report on Wednesday, February 19th. Finally, StockNews.com downgraded Cadence Design Systems from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $322.54.

Cadence Design Systems Trading Up 2.8 %

Shares of CDNS stock traded up $8.42 during mid-day trading on Friday, hitting $308.15. 1,935,489 shares of the company's stock were exchanged, compared to its average volume of 1,955,760. The stock has a market cap of $84.53 billion, a price-to-earnings ratio of 79.83, a PEG ratio of 3.88 and a beta of 1.14. The company has a quick ratio of 2.27, a current ratio of 2.93 and a debt-to-equity ratio of 0.53. Cadence Design Systems has a fifty-two week low of $221.56 and a fifty-two week high of $328.99. The stock has a 50-day simple moving average of $258.32 and a two-hundred day simple moving average of $282.94.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The software maker reported $1.57 EPS for the quarter, beating the consensus estimate of $1.50 by $0.07. The company had revenue of $1.24 billion during the quarter, compared to analysts' expectations of $1.24 billion. Cadence Design Systems had a return on equity of 29.24% and a net margin of 22.74%. The firm's revenue was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.17 EPS. Equities analysts expect that Cadence Design Systems will post 5.41 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, VP Paul Scannell sold 4,710 shares of the company's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $300.00, for a total transaction of $1,413,000.00. Following the completion of the sale, the vice president now directly owns 28,442 shares in the company, valued at $8,532,600. This represents a 14.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Paul Cunningham sold 650 shares of Cadence Design Systems stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $252.73, for a total value of $164,274.50. Following the completion of the transaction, the vice president now owns 58,123 shares in the company, valued at $14,689,425.79. The trade was a 1.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,840 shares of company stock valued at $1,980,999 over the last quarter. Company insiders own 1.99% of the company's stock.

Institutional Trading of Cadence Design Systems

An institutional investor recently raised its position in Cadence Design Systems stock. Brighton Jones LLC grew its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS - Free Report) by 80.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,519 shares of the software maker's stock after acquiring an additional 676 shares during the period. Brighton Jones LLC's holdings in Cadence Design Systems were worth $456,000 as of its most recent SEC filing. 84.85% of the stock is owned by hedge funds and other institutional investors.

About Cadence Design Systems

Cadence Design Systems, Inc provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.