CDNS
CADENCE DESIGN SYSTEMS INC
$394.24
+4.80%
$107.8B
No data for this timeframe.
Vol
Market Cap$107.8B
Cap SizeLarge Cap
Analyst ConsensusStrong Buy (91%)
Inst. Holders9 funds
Inst. Value$15.6B
Inst. Activity2 buys / 0 sells
Insider Activity0B / 12S
Insider Net $-$65.3M
SEC Reports9
Congressional1 trades
Recent Activity
Jul 27, 2026
earnings_calendar
CDNS Q2 2026 Earnings After Market Close — 2026-07-27
EPS est: $1.92 | Rev est: $1.5B
Jun 3, 2026
SEC
President & CEO Anirudh Devgan and SVP Paul Scannell sold a combined $23.26M in open-market stock on June 1, 2026. Devga
CLUSTER — Impact 3/10
Jun 2, 2026
Insider
DEVGAN ANIRUDH sold 25,005 shares
President and CEO @ $415.00 ($10.4M)
Jun 1, 2026
Insider
DEVGAN ANIRUDH sold 26,821 shares
President and CEO @ $0.00 ($0.00)
Jun 1, 2026
Insider
DEVGAN ANIRUDH sold 51,822 shares
President and CEO @ $395.00 ($20.5M)
May 31, 2026
SEC
Rosenblatt upgrades CDNS to Buy from Neutral — PT $360 (+7.5%)
ANALYST-UPGRADE — Impact 3/10
May 1, 2026
SEC
Rosenblatt upgrades Cadence Design Systems to Buy — PT $360 (+9.2%)
ANALYST-UPGRADE — Impact 3/10
Inst.
NORGES BANK — NEW
4,328,242 shares ($1.4B)
Price Targets
$385.37
-1.4% upside
Hold
Current $390.90
Low $275.00
Median $387.50
High $440.00
26 analysts
$275.00
$440.00
Analyst Ratings
9Strong Buy
20Buy
3Hold
0Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Jun 9, 2026 | Stifel | MAINTAIN | Buy → Buy |
| May 26, 2026 | Wells Fargo | MAINTAIN | Overweight → Overweight |
| Apr 29, 2026 | Citigroup | MAINTAIN | Buy → Buy |
| Apr 28, 2026 | Wells Fargo | MAINTAIN | Overweight → Overweight |
| Apr 28, 2026 | Keybanc | MAINTAIN | Overweight → Overweight |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $2.05 | $2.03 — $2.08 | 25% YoY | 19 |
| Next Q | $1.94 | $1.79 — $2.10 | 1% YoY | 18 |
| Current FY | $4.49 | $4.38 — $4.67 | 11% YoY | 13 |
| Next FY | $9.38 | $8.71 — $9.91 | 18% YoY | 23 |
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| VANGUARD GROUP INC | $8.5B | — |
| FMR LLC | $3.1B | — |
| NORGES BANK | $1.4B | NEW |
| MORGAN STANLEY | $1.1B | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT | $609.9M | NEW |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| Jun 2, 2026 | DEVGAN ANIRUDH | SELL | $10.4M |
| Jun 1, 2026 | DEVGAN ANIRUDH | M | $0.00 |
| Jun 1, 2026 | DEVGAN ANIRUDH | SELL | $20.5M |
| Jun 1, 2026 | DEVGAN ANIRUDH | M | $2.1M |
| Jun 1, 2026 | Scannell Paul | M | $0.00 |
Congressional Trades
1 members: 1 buys, 0 sells
| Member | Party | Type | Amount |
|---|---|---|---|
| Ro Khanna | D | BUY | $1,001 - $15,000 |
9 institutional holders with $15.6B total value (49,940,818 shares) as of 2025-Q4. Top holders: VANGUARD, FMR, NORGES. Net buying activity: 2 institutions added/increased vs 0 reduced.
Top Institutional Holders — 2025-Q4
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | VANGUARD GROUP INC | 27,231,070 | $8.5B | 54.5% | — |
| 2 | FMR LLC | 9,883,842 | $3.1B | 19.8% | — |
| 3 | NORGES BANK | 4,328,242 | $1.4B | 8.7% | NEW |
| 4 | MORGAN STANLEY | 3,598,438 | $1.1B | 7.2% | — |
| 5 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,951,311 | $609.9M | 3.9% | NEW |
| 6 | BANK OF AMERICA CORP /DE/ | 1,552,405 | $485.3M | 3.1% | — |
| 7 | WELLS FARGO & COMPANY/MN | 708,823 | $221.6M | 1.4% | — |
| 8 | TWO SIGMA INVESTMENTS, LP | 449,324 | $140.4M | 0.9% | ADD +52.4% |
| 9 | DODGE & COX | 237,363 | $74.2M | 0.5% | — |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 4,328,242 | — | $1.4B | 2025-Q4 |
| TWO SIGMA INVESTMENTS, LP | ADD | 294,912 | 449,324 | +52.4% | $140.4M | 2025-Q4 |
| TWO SIGMA INVESTMENTS, LP | TRIM | 423,183 | 294,912 | -30.3% | $103.6M | 2025-Q3 |
| NORGES BANK | EXIT | 3,863,761 | 0 | -100.0% | $0.00 | 2025-Q3 |
| NORGES BANK | NEW | — | 3,863,761 | — | $1.2B | 2025-Q2 |
| TWO SIGMA INVESTMENTS, LP | DOUBLED | 25,920 | 423,183 | +1532.7% | $130.4M | 2025-Q2 |
| TWO SIGMA INVESTMENTS, LP | DOUBLED | 4,500 | 25,920 | +476.0% | $6.6M | 2025-Q1 |
| NORGES BANK | EXIT | 3,894,724 | 0 | -100.0% | $0.00 | 2025-Q1 |
| UBS Group AG | ADD | 613,512 | 982,008 | +60.1% | $295.1M | 2024-Q4 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | NEW | — | 1,637,455 | — | $443.8M | 2024-Q3 |
16 unique insiders with 12 transactions. Net insider value: -$65.3M ($0.00 bought, $65.3M sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jun 2, 2026 | DEVGAN ANIRUDH | President and CEO | SELL | 25,005 | $415.00 | $10.4M |
| Jun 1, 2026 | DEVGAN ANIRUDH | President and CEO | M | 26,821 | $0.00 | $0.00 |
| Jun 1, 2026 | DEVGAN ANIRUDH | President and CEO | SELL | 51,822 | $395.00 | $20.5M |
| Jun 1, 2026 | DEVGAN ANIRUDH | President and CEO | M | 26,821 | $78.76 | $2.1M |
| Jun 1, 2026 | Scannell Paul | Sr. Vice President | M | 7,081 | $0.00 | $0.00 |
| Jun 1, 2026 | Scannell Paul | Sr. Vice President | SELL | 7,081 | $393.91 | $2.8M |
| Jun 1, 2026 | Scannell Paul | Sr. Vice President | M | 7,081 | $285.19 | $2.0M |
| May 22, 2026 | TENG CHIN-CHI | Sr. Vice President | M | 1,000 | $202.94 | $202.9K |
| May 22, 2026 | TENG CHIN-CHI | Sr. Vice President | SELL | 2,117 | $361.88 | $766.1K |
| May 22, 2026 | TENG CHIN-CHI | Sr. Vice President | M | 1,000 | $0.00 | $0.00 |
| May 22, 2026 | DEVGAN ANIRUDH | President and CEO | M | 25,000 | $78.76 | $2.0M |
| May 22, 2026 | DEVGAN ANIRUDH | President and CEO | SELL | 51,887 | $370.00 | $19.2M |
| May 22, 2026 | DEVGAN ANIRUDH | President and CEO | M | 25,000 | $0.00 | $0.00 |
| May 18, 2026 | Scannell Paul | Sr. Vice President | SELL | 1,071 | $345.06 | $369.6K |
| May 18, 2026 | Scannell Paul | Sr. Vice President | SELL | 1,071 | $345.06 | $369.6K |
| May 15, 2026 | Taxay Marc | SVP & General Counsel | F | 1,384 | $347.24 | $480.6K |
| May 15, 2026 | Scannell Paul | Sr. Vice President | F | 75 | $347.24 | $26.0K |
| May 15, 2026 | Scannell Paul | Sr. Vice President | F | 75 | $347.24 | $26.0K |
| May 7, 2026 | Liuson Julia | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | SOHN YOUNG | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | PLUMMER JAMES D | Director | G | 779 | $0.00 | $0.00 |
| May 7, 2026 | PLUMMER JAMES D | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | Adams Mark | Director | G | 779 | $0.00 | $0.00 |
| May 7, 2026 | Adams Mark | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | CHEW LEWIS | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | Brennan Ita M | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | Krakauer Mary L | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | GAVRIELOV MOSHE | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | SANGIOVANNI VINCENTELLI ALBERTO | Director | A | 714 | $0.00 | $0.00 |
| May 7, 2026 | Van den hove Luc | Director | A | 714 | $0.00 | $0.00 |
| May 6, 2026 | Scannell Paul | Sr. Vice President | F | 619 | $354.90 | $219.7K |
| May 6, 2026 | SOHN YOUNG | Director | G | 72 | $354.90 | $25.6K |
| May 5, 2026 | WALL JOHN M | Sr. VP & CFO | SELL | 412 | $346.68 | $142.8K |
| May 1, 2026 | Scannell Paul | Sr. Vice President | SELL | 10,500 | $339.00 | $3.6M |
| May 1, 2026 | Cunningham Paul | Sr. Vice President | SELL | 1,000 | $337.49 | $337.5K |
| Apr 16, 2026 | WALL JOHN M | Sr. VP & CFO | SELL | 21,500 | $309.45 | $6.7M |
| Apr 1, 2026 | Cunningham Paul | Sr. Vice President | SELL | 1,000 | $280.19 | $280.2K |
| Mar 18, 2026 | DEVGAN ANIRUDH | President and CEO | F | 18,138 | $289.64 | $5.3M |
| Mar 18, 2026 | DEVGAN ANIRUDH | President and CEO | A | 146,849 | $0.00 | $0.00 |
| Mar 18, 2026 | Cunningham Paul | Sr. Vice President | A | 39,032 | $0.00 | $0.00 |
| Mar 18, 2026 | Cunningham Paul | Sr. Vice President | F | 3,546 | $289.64 | $1.0M |
| Mar 18, 2026 | Taxay Marc | SVP & General Counsel | A | 973 | $0.00 | $0.00 |
| Mar 18, 2026 | TENG CHIN-CHI | Sr. Vice President | A | 39,032 | $0.00 | $0.00 |
| Mar 18, 2026 | TENG CHIN-CHI | Sr. Vice President | F | 3,546 | $289.64 | $1.0M |
| Mar 18, 2026 | Scannell Paul | Sr. Vice President | A | 8,962 | $0.00 | $0.00 |
| Mar 18, 2026 | Scannell Paul | Sr. Vice President | F | 4,492 | $289.64 | $1.3M |
| Mar 18, 2026 | WALL JOHN M | Sr. VP & CFO | A | 43,239 | $0.00 | $0.00 |
| Mar 18, 2026 | WALL JOHN M | Sr. VP & CFO | F | 4,239 | $289.64 | $1.2M |
| Mar 17, 2026 | DEVGAN ANIRUDH | President and CEO | F | 7,559 | $293.75 | $2.2M |
| Mar 17, 2026 | TENG CHIN-CHI | Sr. Vice President | F | 2,362 | $293.75 | $693.8K |
9 SEC filing reports analyzed. Sentiment: 2 bullish, 0 bearish, 0 mixed, 7 neutral. Avg impact: 2.7/10.
BULLISH
ANALYST-UPGRADE
3/10
Rosenblatt upgrades Cadence Design Systems to Buy — PT $360 (+9.2%)
May 1, 2026
BULLISH
ANALYST-UPGRADE
3/10
Rosenblatt upgrades CDNS to Buy from Neutral — PT $360 (+7.5%)
May 31, 2026
NEUTRAL
CLUSTER
3/10
President & CEO Anirudh Devgan and SVP Paul Scannell sold a combined $23.26M in open-market stock on
Jun 3, 2026
NEUTRAL
CLUSTER
2/10
Two CDNS senior VPs sold a combined $1.14M in open-market sales over a 5-day window. CEO Devgan also
May 27, 2026
NEUTRAL
CLUSTER
3/10
A cluster of insider selling at Cadence Design Systems (CDNS) totaling $4.04M over the past week, le
May 11, 2026
NEUTRAL
CLUSTER
2/10
Three insiders at CDNS sold shares totaling approximately $4.04M in open-market transactions over th
May 8, 2026
NEUTRAL
CLUSTER
3/10
Three senior Cadence executives sold a total of $4.04M in stock within a week of the company reporti
May 7, 2026
NEUTRAL
CLUSTER
2/10
Two Sr. Vice Presidents at Cadence Design Systems sold a combined $3.90M in stock on May 1, 2026. Th
May 5, 2026
NEUTRAL
DEFA14A
3/10
Cadence Design Systems filed a definitive proxy statement (DEFA14A) for its 2026 annual stockholder
Mar 25, 2026
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Current analyst consensus: Strong Buy (91% buy). Based on 32 analysts: 9 strong buy, 20 buy, 3 hold, 0 sell, 0 strong sell.
Analyst Price Targets
$385.37 mean target
-1.4% upside
Hold (1.48)
$275.00 Low
$440.00 High
| Metric | Value |
|---|---|
| Current Price | $390.90 |
| Target Low | $275.00 |
| Target Mean | $385.37 |
| Target Median | $387.50 |
| Target High | $440.00 |
| # Analysts | 26 |
| Recommendation | Hold (1.48) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$2.05 | $2.03 | $2.08 | 24.5% | +0.0% | 8↑ 0↓ | $1.6B | 23.5% | 19 |
| Next Q 2026-09-30 |
$1.94 | $1.79 | $2.10 | 0.5% | +0.0% | 2↑ 6↓ | $1.6B | 15.8% | 18 |
| Current FY 2026-12-31 |
$4.49 | $4.38 | $4.67 | 10.7% | -0.0% | 0↑ 4↓ | $6.2B | 17.1% | 13 |
| Next FY 2027-12-31 |
$9.38 | $8.71 | $9.91 | 18.0% | +0.0% | 11↑ 2↓ | $7.0B | 13.1% | 23 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $2.055 | |
| 7d ago | $2.055 | |
| 30d ago | $2.055 | |
| 60d ago | $1.836 | +0.219 |
| 90d ago | $1.836 | +0.219 |
9 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 0 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Jun 9, 2026 | Stifel | MAINTAIN | Buy | Buy |
| May 26, 2026 | Wells Fargo | MAINTAIN | Overweight | Overweight |
| Apr 29, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Apr 28, 2026 | Wells Fargo | MAINTAIN | Overweight | Overweight |
| Apr 28, 2026 | Keybanc | MAINTAIN | Overweight | Overweight |
| Apr 28, 2026 | Rosenblatt | MAINTAIN | Buy | Buy |
| Apr 28, 2026 | Baird | MAINTAIN | Outperform | Outperform |
| Apr 28, 2026 | Needham | REITERATE | Buy | Buy |
| Apr 28, 2026 | Piper Sandler | MAINTAIN | Neutral | Neutral |
| Apr 24, 2026 | Rosenblatt | MAINTAIN | Buy | Buy |
| Apr 20, 2026 | Needham | MAINTAIN | Buy | Buy |
| Feb 26, 2026 | Rosenblatt | MAINTAIN | Buy | Buy |
| Feb 18, 2026 | Wells Fargo | MAINTAIN | Overweight | Overweight |
| Feb 18, 2026 | Rosenblatt | UPGRADE | Neutral | Buy |
| Feb 18, 2026 | Piper Sandler | MAINTAIN | Neutral | Neutral |
| Feb 18, 2026 | Morgan Stanley | MAINTAIN | Overweight | Overweight |
| Feb 18, 2026 | Needham | REITERATE | Buy | Buy |
| Feb 17, 2026 | Rosenblatt | MAINTAIN | Neutral | Neutral |
| Dec 22, 2025 | Needham | REITERATE | Buy | Buy |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 9 | 20 | 3 | 0 | 0 | 91% | |
| May 1, 2026 | 9 | 20 | 3 | 0 | 0 | 91% | |
| Apr 1, 2026 | 9 | 19 | 4 | 0 | 0 | 88% | |
| Mar 1, 2026 | 9 | 19 | 4 | 0 | 0 | 88% | |
| Feb 1, 2026 | 9 | 17 | 6 | 0 | 0 | 81% | |
| Jan 1, 2026 | 9 | 17 | 6 | 0 | 0 | 81% | |
| Dec 1, 2025 | 9 | 17 | 5 | 0 | 1 | 81% | |
| Nov 1, 2025 | 7 | 16 | 6 | 0 | 1 | 77% |
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 1 buys, 0 sells.
Congressional Trades
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Apr 13, 2026 | Ro Khanna | D | HOUSE | BUY | $1,001 - $15,000 | Cadence Design Systems Inc | May 13, 2026 (31d) |
No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.
Jul 27, 2026
earnings_calendar
CDNS Q2 2026 Earnings After Market Close — 2026-07-27
EPS est: $1.92 | Rev est: $1.5B
Jun 9, 2026
short_volume
Short Volume: CDNS — 64.6% short (0.4M / 0.7M)
Short: 429,442 | Exempt: 474 | TRF Vol: 665,176 | Short Ratio: 64.6% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
short_volume
Short Volume: CDNS — 62.9% short (1.1M / 1.8M)
Short: 1,109,716 | Exempt: 26,586 | TRF Vol: 1,763,863 | Short Ratio: 62.9% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: CDNS — 2.6M shares, 89,405 trades
Week starting 2026-05-18. Total ATS volume: 2,649,146 shares across 89,405 trades.
May 14, 2026
short_volume
Short Volume: CDNS — 57.7% short (0.3M / 0.6M)
Short: 346,633 | Exempt: 900 | TRF Vol: 601,069 | Short Ratio: 57.7% | Off-exchange volume (dark pool + OTC)
May 14, 2026
short_interest
FTD: CDNS — 200,814 shares ($71.2M) failed to deliver
Settlement: 20260514, Price: $354.55, FTD Value: $71,198,603.7, CADENCE DESIGN SYS INC
May 12, 2026
short_interest
FTD: CDNS — 1,979 shares ($0.7M) failed to deliver
Settlement: 20260512, Price: $364.20, FTD Value: $720,751.8, CADENCE DESIGN SYS INC
May 11, 2026
short_interest
FTD: CDNS — 46,754 shares ($17.0M) failed to deliver
Settlement: 20260511, Price: $362.70, FTD Value: $16,957,675.8, CADENCE DESIGN SYS INC
May 11, 2026
dark_pool
Dark Pool: CDNS — 2.7M shares, 78,725 trades
Week starting 2026-05-11. Total ATS volume: 2,710,735 shares across 78,725 trades.
May 4, 2026
short_volume
Short Volume: CDNS — 55.8% short (0.5M / 1.0M)
Short: 542,494 | Exempt: 656 | TRF Vol: 971,546 | Short Ratio: 55.8% | Off-exchange volume (dark pool + OTC)
May 4, 2026
short_interest
FTD: CDNS — 2,526 shares ($0.9M) failed to deliver
Settlement: 20260504, Price: $340.94, FTD Value: $861,214.44, CADENCE DESIGN SYS INC
May 4, 2026
dark_pool
Dark Pool: CDNS — 3.2M shares, 93,407 trades
Week starting 2026-05-04. Total ATS volume: 3,170,578 shares across 93,407 trades.
Apr 29, 2026
short_interest
FTD: CDNS — 185,498 shares ($60.3M) failed to deliver
Settlement: 20260429, Price: $325.31, FTD Value: $60,344,354.38, CADENCE DESIGN SYS INC
Apr 28, 2026
short_interest
FTD: CDNS — 190,582 shares ($64.1M) failed to deliver
Settlement: 20260428, Price: $336.54, FTD Value: $64,138,466.28, CADENCE DESIGN SYS INC
Apr 27, 2026
earnings_calendar
CDNS Q1 2026 Earnings After Market Close — 2026-04-27
EPS est: $1.95 | Rev est: $1.5B