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Cadence Design Systems stock

CDNSNASDAQ

Cadence Design Systems, Inc., TechnologyISIN US1273871087

$333.32▲ $4.06 (+1.2%)Closing price of 12 Nov 2026

74Score 74 out of 100, Strong

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Price and trend

67 / 100

Price history

+5.6% in one year

The chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 1.6% above it.

Trend change

Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.

Momentum

Normal: the price is neither overheated nor sold off (RSI 58).

Distance to the high

The price is 20% below its 52-week high. Largest decline in 20 years: 89% (June 2007 to December 2008).

Chart figures for advanced users
SMA 50$320.47
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$327.99
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)58
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$265.66
The lowest closing price of the last twelve months.
Resistance$416.39
The highest closing price of the last twelve months.
Market cap
$91.46B
Div. yield
no dividend
66.5
on reported earnings of the last twelve months
34.5
on earnings for the next twelve months ($9.66 per share)
Fair value
$157.72

Snapshot

Computed from the data by fixed rules, no AI

  • Cadence Design Systems, Inc. belongs to the Software (Application) industry (United States) and, with a market value of $91.46B, is number 10 of 188 companies in its industry on MEQIRI.
  • In fiscal 2025 it reported revenue of $5.3B (up 14.1% year on year) and earnings of $1.11B (up 5.1%).
  • For fiscal 2026, analysts expect on average revenue of $6.41B (up 20.9%) and adjusted earnings per share of $8.41 (up 17.8%).
Show more
  • MEQIRI Score 74 out of 100 (Strong): rank 131 of 854 in Technology, median 61.
  • The P/E is 66.5 (Software (Application) median 31.3, own median of recent years 59.5).
  • Our model puts fair value at $157.72, with the price 111% above it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • High return on capitalReturn on invested capital 25.5% in fiscal 2025, Software (Application) median 3.9%.Profitability 89
  • High marginNet margin 22.5% over the last 12 months, Software (Application) median 6.9%.Profitability 89
  • Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 96

Weaknesses

  • Above fair valuePrice 111% above the fair value of $157.72.Valuation 15
74/ 100
MEQIRI Score
Strong

Its standout strengths are fundamentals and profitability, while valuation holds the score back.

Daily figure as of 13 Nov 2026

How the score is calculated

Score overview

Score since yesterday from 73 to 74.

Fundamentals are strong, with stable profits and strong cash generation.

Profit consistency100% of years
Cash conversion (free cash flow to earnings, 12 months)128%
ROIC (12 months)19.5%
Positive free cash flow100% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk medium

How well MEQIRI warns

In the middle among stocks ranked 101 to 1,000.

From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.

What drives the risk

  • high growth grade (crashed more often in the backtest)

What lowers it

  • solid fundamentals

Valuation

Valuation signal

Significantly overvalued
Price
$333.32
Fair value
$157.72
Gap to fair value
+111%

In our model the price counts as cheap below $112.66 and expensive above $262.86 (uncertainty high, based on the price swings of the past year).

The two parts of the fair value come to $158.50 (cash-flow model) and $156.93 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.

Calculated with a cost of equity of 9.7%. At 10.7% the fair value would be $145.92, at 8.7% it would be $174.39.

Valuation metrics

6.76
39.5
Fair value (model)
$157.72
Earnings part $156.93 (earnings per share $5.02 × 31.3)

Half from the cash-flow model, half from earnings times the industry P/E (31.3).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

20 years

In the twelve months to 30 Sep 2026, revenue rose 17.6% on the twelve months before. Revenue has grown solidly since 2006, at about 7% per year.

Margins

20 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 86%, operating 31%, net 21%.

Debt & balance sheet

latest quarter
0.41
14.1x
1.36
Cash & equivalents
$1.45B

The balance sheet is solid, with moderate debt and comfortable interest coverage.

Earnings

Next earnings
16 Feb 2027in 95 days
Last reported
26 Oct 2026EPS reported $2.11 (expected $2.05)above expectations

Analyst estimates

Analysts have raised their 2026 earnings estimate by 3.2% since 15 Oct 2026.

Fiscal 202617 analysts
Earnings per share
$8.41+3.2%
Revenue
$6.41B+1.3%
Fiscal 202719 analysts
Earnings per share
$9.85+3.2%
Revenue
$7.34B+2.2%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlook raised

Share price after the results: +8.4%

Cadence raised its 2026 outlook: revenue growth now around 21%, up from before, and the EPS outlook increased by $0.30 to $8.40, driven by strong AI demand.

Supporting passage from the call, verbatim
“Given our business momentum, expanding technology leadership, and compelling AI growth opportunities, we are raising our revenue outlook for the year to 21% growth and our EPS outlook by $0.30 to $8.40.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 26 Oct 2026 (fiscal Q3 2026), read by AI.

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

No open-market purchases in the last 6 months. 7 insiders sold, $65.46M in total.

Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.

  • Scannell PaulSale

    9 Nov 2026, Sr. Vice President

    Shares
    2,401
    Price
    $339.00
    Value
    $813,939
  • Cunningham PaulSale

    15 Oct 2026, Sr. Vice President

    Shares
    2,000
    Price
    $324.13
    Value
    $648,260
  • Sangiovanni Vincentelli AlbertoSale

    1 Oct 2026, Board

    Shares
    1,250
    Price
    $350.07
    Value
    $437,590
Show 18 more
  • Cunningham PaulSale

    15 Sept 2026, Sr. Vice President

    Shares
    2,000
    Price
    $277.12
    Value
    $554,240
  • Brennan Ita MSale

    10 Sept 2026, Board

    Shares
    180
    Price
    $285.51
    Value
    $51,392
  • Scannell PaulSale

    26 Aug 2026, Sr. Vice President

    Shares
    280
    Price
    $339.00
    Value
    $94,920
  • Sangiovanni Vincentelli AlbertoSale

    25 Aug 2026, Board

    Shares
    1,250
    Price
    $320.88
    Value
    $401,095
  • Teng Chin-ChiSale

    21 Aug 2026, Sr. Vice President

    Shares
    4,732
    Price
    $314.49
    Value
    $1.49M
  • Cunningham PaulSale

    17 Aug 2026, Sr. Vice President

    Shares
    2,000
    Price
    $323.32
    Value
    $646,640
  • Teng Chin-ChiSale

    22 Jul 2026, Sr. Vice President

    Shares
    4,500
    Price
    $339.46
    Value
    $1.53M
  • Cunningham PaulSale

    15 Jul 2026, Sr. Vice President

    Shares
    2,000
    Price
    $383.36
    Value
    $766,720
  • Teng Chin-ChiSale

    22 Jun 2026, Sr. Vice President

    Shares
    4,500
    Price
    $384.88
    Value
    $1.73M
  • Cunningham PaulSale

    15 Jun 2026, Sr. Vice President

    Shares
    2,000
    Price
    $391.00
    Value
    $782,000
  • Plummer James DSale

    11 Jun 2026, Board

    Shares
    1,511
    Price
    $381.34
    Value
    $576,205
  • Brennan Ita MSale

    10 Jun 2026, Board

    Shares
    180
    Price
    $387.45
    Value
    $69,740
  • Devgan AnirudhSale

    2 Jun 2026, President and CEO

    Shares
    25,005
    Price
    $415.00
    Value
    $10.38M
  • Devgan AnirudhSale

    1 Jun 2026, President and CEO

    Shares
    51,822
    Price
    $395.00
    Value
    $20.47M
  • Scannell PaulSale

    1 Jun 2026, Sr. Vice President

    Shares
    7,081
    Price
    $393.91
    Value
    $2.79M
  • Teng Chin-ChiSale

    22 May 2026, Sr. Vice President

    Shares
    4,500
    Price
    $369.35
    Value
    $1.66M
  • Devgan AnirudhSale

    22 May 2026, President and CEO

    Shares
    51,887
    Price
    $370.00
    Value
    $19.2M
  • Scannell PaulSale

    18 May 2026, Sr. Vice President

    Shares
    1,071
    Price
    $345.06
    Value
    $369,559

Partial trades from one filing are shown in one row, with the average price.

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at Cadence Design Systems

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

854 rated companies in Technology

Rank 131 of 854
131/ 854
This company
74
Sector median
61

Categories against the sector median

ProfitabilityMedian of 854 companies89 (median 59)30 above the median
GrowthMedian of 854 companies85 (median 68)17 above the median
FundamentalsMedian of 854 companies96 (median 67)29 above the median
ValuationMedian of 784 companies with a value15 (median 52)37 below the median
StabilityMedian of 854 companies74 (median 67)7 above the median
Capital allocationMedian of 854 companies75 (median 53)22 above the median
Technical analysisMedian of 854 companies67 (median 58)9 above the median
MomentumMedian of 854 companies53 (median 54)1 below the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Software (Application)

The next larger and next smaller companies by market value

All 188 Software (Application) stocks

ETFs that hold Cadence Design Systems

Held by 144 ETFs on Xetra. Shown per index: the ETF with the largest weight.

Show 5 more

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong since 7 Nov 2026, previously Neutral
  • Valuation signal Overvalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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