Key facts, as of
As of November 2, 2026, Cadence Design Systems (CDNS) trades at $331.56, down 2.1% over the past year. Its 52-week range runs from $262.75 to $416.69; the price is 20.4% below that high. It is 20.4% below its all-time high of $416.69, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +1181.8%, against +316.3% for the S&P 500 (SPY). It sits 1.2% above its 200-day average of $327.59. Its 30-day volatility is 41.0% annualized, which we rate high risk. It has a trailing P/E of 65.9.
Cite: Portfolio Terminal, "Cadence Design Systems (CDNS) stock analysis", 2026-11-02. https://portfolio-terminal.com/analyse/cdns
Where it trades today
trading 45% of the way up its 52-week range
How the price has moved
How far it is from its record
Cadence Design Systems (CDNS) is 20.4% below its all-time high of $416.69, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +1181.8%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- CDNS closes above its 50-day average ($320.78) while the 50-day is still under the 200-day ($327.59): a rebound inside a longer decline, not yet an uptrend.
- At $331.56, CDNS is 20.4% below its 1-year high of $416.69, set on June 2, 2026, and 26.2% above its 1-year low of $262.75 (February 3, 2026).
- Over the past month CDNS fell 5.6%, from $351.35 to $331.56.
- CDNS trades at 65.9x its last twelve months of earnings and 33.7x the next twelve months' estimate, so analysts expect earnings 95.7% higher.
- Its P/E is 205.6% above the 21.6x median of the 3 other software—application companies we track (CRM, NOW, INTU).
- CDNS's 30-day volatility, 41.0% a year, works out to a typical daily move of about 2.6%.
- Yahoo Finance puts its beta at 1.10: over five years of monthly returns, CDNS moved about 1.10% for each 1% move of the S&P 500.
- The last session traded 0.4x CDNS's average daily volume of the 30 sessions before it.
What would change the read
- The rebound holds while it closes above the 50-day average, $320.78 (−3.3%); it becomes an uptrend when the 50-day climbs 2.1% to cross the 200-day at $327.59.
- A close above $416.69 (+25.7%) would be a new 1-year high; below $262.75 (−20.8%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for CDNS, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under software—application among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for CDNS by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for CDNS. Last refresh: Nov 2, 2026, 7:10 PM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: Software—Application.
What Cadence Design Systems does
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual…
What analysts expect
CDNS carries a strong buy consensus from 24 analysts, with an average price target of $411.76 versus $331.56 today (+24.2%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
CDNS generated $6.13B in trailing revenue (22.0% year over year), with a 22.5% net margin, and $1.75B of free cash flow, against $1.27B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $5.30B | $4.57B | $1.65B | $1.11B | $4.09 | $1.59B |
| 2024 | $4.64B | $3.99B | $1.38B | $1.06B | $3.89 | $1.12B |
| 2023 | $4.09B | $3.65B | $1.26B | $1.04B | $3.86 | $1.25B |
| 2022 | $3.56B | $3.19B | $1.07B | $848.95M | $3.13 | $1.12B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
CDNS is in 24 of the 54 ETFs we track. It weighs most in SMH: 2.09% of the fund, holding #17 of 25.
How its figures compare with those peers
Companies in the same industry
CDNS beside the other companies Yahoo Finance files under software—application among the assets we track (CRM, NOW, INTU, largest first).
CDNSyou are here$331.56$90.97B
CRMSalesforce Inc.$229.63$188.98B
NOWServiceNow Inc.$108.16$112.26B
INTUIntuit Inc.$355.03$94.88BWhat the chart is saying
Back above its 50-day average, still under the long-term trend.
recovering- Price is 3.4% above its 50-day average and 1.2% above its 200-day.
- The 50-day crossed below the 200-day on 2026-09-18 (a “death cross”).
- RSI at 51 is neither stretched nor washed out.
- The nearest ceiling is $344.51 (+3.9%), the nearest floor $325.43 (-1.8%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is CDNS valued right now?
Cadence Design Systems trades at 65.9 times its last twelve months of earnings and 33.7 times the next twelve months' estimate (Yahoo Finance, November 2, 2026). On the chart: back above its 50-day average, still under the long-term trend. Price is 3.4% above its 50-day average and 1.2% above its 200-day.
What is the risk level of CDNS?
Based on 30-day volatility of 41.0%, CDNS has HIGH risk. Its beta of 1.10 means it has swung more than the S&P 500 over the last five years.
Does CDNS pay dividends?
Yahoo Finance shows no dividend yield for Cadence Design Systems (November 2, 2026).
How far is CDNS from its all-time high?
Cadence Design Systems is 20.4% below its all-time high of $416.69, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +1181.8%, against +316.3% for the S&P 500 (SPY).
Which ETFs hold CDNS?
24 of the 54 popular ETFs we track hold Cadence Design Systems. The largest weights: SMH (2.09%), XLK (0.53%), MGK (0.52%), QQQ (0.38%) and QQQM (0.38%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.
How much of VOO is CDNS?
0.14%, as of September 30, 2026: CDNS is holding #121 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $1.38 in Cadence Design Systems.
What is the analyst price target for CDNS?
The average analyst price target for Cadence Design Systems (CDNS) is $411.76 based on 24 analyst estimates, about 24.2% above the current price of $331.56. The published range runs from $300.00 to $470.00.
How much revenue does CDNS generate?
Cadence Design Systems reported $6.13B in trailing twelve-month revenue. Revenue growth is running at 22.0% year over year. Net margin sits at 22.5%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare CDNS with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.