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Cadence Design Systems, Inc. (CDNS)

323.75 -5.76 (-1.75%)
At close: 4:00:01 PM EST
322.99 -0.76 (-0.23%)
After hours: 5:05:17 PM EST
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Updated 41s ago
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Cadence delivered 22% year-over-year revenue growthin the third quarter and raised its 2026 outlook. AI design adoption, record backlog, and broad product growth support demand, while lower operating margins, acquisition costs, debt, and premium valuation remain key investor concerns.

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