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Cadence Design Systems, Inc. (CDNS)

324.23 -5.29 (-1.60%)
As of 2:56:55 PM EST. Market Open.
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Updated 10m ago
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Cadence Design Systems reported strong third-quarter growth, supported by artificial intelligence demand, broader product adoption, and a record $8.2 billion backlog. Management raised its 2026 outlook, while falling operating margins, acquisition costs, debt, and premium valuation remain central investor concerns.

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