Q3 Earnings Estimate for CDNS Issued By Griffin Securities

Key Points

• Griffin Securities has increased its Q3 2025 EPS estimate for Cadence Design Systems from $1.35 to $1.43, indicating stronger expected performance for the company.
• Several analysts have raised their price targets for Cadence shares, with Bank of America adjusting its target from $320 to $350 and Stifel Nicolaus raising it to $395, signaling positive market sentiment.
• Cadence Design Systems reported Q2 earnings of $1.65 per share, exceeding expectations of $1.56, along with a year-over-year revenue growth of 20.2%.

Cadence Design Systems, Inc. (NASDAQ:CDNS - Free Report) - Equities research analysts at Griffin Securities raised their Q3 2025 earnings estimates for shares of Cadence Design Systems in a research note issued on Tuesday, July 29th. Griffin Securities analyst J. Vleeschhouwer now forecasts that the software maker will post earnings of $1.43 per share for the quarter, up from their previous estimate of $1.35. The consensus estimate for Cadence Design Systems' current full-year earnings is $5.41 per share. Griffin Securities also issued estimates for Cadence Design Systems' FY2025 earnings at $5.53 EPS, Q1 2026 earnings at $1.31 EPS, Q2 2026 earnings at $1.38 EPS, Q3 2026 earnings at $1.45 EPS, Q4 2026 earnings at $1.82 EPS and FY2026 earnings at $5.96 EPS.

Several other equities analysts have also weighed in on CDNS. Wall Street Zen lowered shares of Cadence Design Systems from a "buy" rating to a "hold" rating in a report on Sunday, July 20th. JPMorgan Chase & Co. raised their price target on shares of Cadence Design Systems from $330.00 to $390.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Stifel Nicolaus raised their price target on shares of Cadence Design Systems from $350.00 to $395.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Bank of America raised their price target on shares of Cadence Design Systems from $320.00 to $350.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Finally, Piper Sandler restated a "neutral" rating and set a $355.00 price target (up previously from $328.00) on shares of Cadence Design Systems in a research report on Tuesday, July 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $364.33.

Cadence Design Systems Stock Performance

Shares of CDNS traded down $7.60 during mid-day trading on Friday, reaching $356.97. The company had a trading volume of 2,070,008 shares, compared to its average volume of 1,879,031. The stock has a market capitalization of $97.27 billion, a P/E ratio of 96.48, a PEG ratio of 4.68 and a beta of 0.97. Cadence Design Systems has a 52-week low of $221.56 and a 52-week high of $376.45. The stock has a 50 day moving average of $313.43 and a two-hundred day moving average of $290.74. The company has a quick ratio of 2.90, a current ratio of 2.82 and a debt-to-equity ratio of 0.49.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last released its earnings results on Monday, July 28th. The software maker reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.09. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. Cadence Design Systems had a net margin of 19.88% and a return on equity of 29.65%. Cadence Design Systems's revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.28 EPS.

Institutional Investors Weigh In On Cadence Design Systems

A number of institutional investors have recently made changes to their positions in CDNS. Petros Family Wealth LLC grew its stake in Cadence Design Systems by 2.6% in the 2nd quarter. Petros Family Wealth LLC now owns 1,277 shares of the software maker's stock valued at $394,000 after acquiring an additional 32 shares during the last quarter. Hemington Wealth Management lifted its holdings in shares of Cadence Design Systems by 14.0% during the 2nd quarter. Hemington Wealth Management now owns 261 shares of the software maker's stock worth $80,000 after acquiring an additional 32 shares during the period. Legacy Capital Wealth Partners LLC raised its holdings in Cadence Design Systems by 2.8% in the first quarter. Legacy Capital Wealth Partners LLC now owns 1,214 shares of the software maker's stock valued at $309,000 after buying an additional 33 shares during the period. Accredited Investors Inc. raised its holdings in Cadence Design Systems by 1.7% in the fourth quarter. Accredited Investors Inc. now owns 2,176 shares of the software maker's stock valued at $654,000 after buying an additional 36 shares during the period. Finally, Empower Advisory Group LLC raised its stake in shares of Cadence Design Systems by 4.1% during the first quarter. Empower Advisory Group LLC now owns 911 shares of the software maker's stock valued at $232,000 after purchasing an additional 36 shares during the period. 84.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cadence Design Systems

In other Cadence Design Systems news, Director Ita M. Brennan sold 180 shares of the business's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $304.00, for a total value of $54,720.00. Following the transaction, the director directly owned 8,010 shares in the company, valued at $2,435,040. The trade was a 2.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James D. Plummer sold 868 shares of the business's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $319.95, for a total transaction of $277,716.60. Following the completion of the transaction, the director owned 23,996 shares in the company, valued at $7,677,520.20. The trade was a 3.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,698 shares of company stock worth $1,126,667 in the last ninety days. 1.99% of the stock is owned by insiders.

Cadence Design Systems Company Profile

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.