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CDNS

Cadence Design Systems, Inc.

$390.00

1.14%

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$390.00

1.14%
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About

Events of Cadence Design Systems, Inc. (CDNS)

Over the past six months, Cadence Design Systems' stock has been impacted by several key events. The company reported its Q4 2025 earnings, and despite surpassing analyst estimates, the stock declined, potentially due to high valuation and broader tech sector profit-taking. Several financial analysts lowered their price targets for CDNS in February 2026, contributing to a more conservative outlook. Cadence reported strong Q1 2026 results, with revenue up 19% year-over-year, exceeding market expectations, and raised its full-year 2026 revenue outlook; however, the stock saw a slight decline. Cadence announced expanded partnerships with TSMC, Google, and NVIDIA to accelerate the design of next-generation AI silicon, highlighting the company's strong position in AI-driven design. The stock has seen significant movement, with a 52-week high of $376.45 and a low of $262.75, and as of May 8, 2026, the stock closed at $362.70, up 1.63% from the previous day, and has shown a 25.29% return over the past 30 days.

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Price action provided by Massive. Fundamentals, news and corporate events provided by FactSet. NLP support provided by Perplexity & Gemini. All data is provided for informational purposes only.

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Cadence Design Systems, Inc. (CDNS) Live Stock Price, Chart & Financial News | Edge Hound