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Morningstar

Morningstar

Sep 08, 2026

Cadence Design Systems, Inc.: Cadence Earnings: Record Backlog and 19% Growth Outlook Signal All Is Well

Symbols

CDNS

Sector(s)

Technology

Rating

Current Price

285.60

Fair Value

Economic Moat

Stewardship

Summary

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow

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