Cadence Design (CDNS) is a publicly traded Technology sector company. As of May 20, 2026, CDNS trades at $349.22 with a market cap of $95.43B and a P/E ratio of 80.47. CDNS moved +3.76% today. Year to date, CDNS is +16.49%; over the trailing twelve months it is +9.46%. Its 52-week range spans $221.56 to $376.45. Analyst consensus is strong buy with an average price target of $374.77. Rallies surfaces CDNS's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Cadence jumps as post-earnings optimism drives fresh price-target hikes: Cadence Design Systems shares rose about 3% as analysts turned more bullish after the company’s April 27 Q1 2026 report, which beat expectations and lifted full-year outlook. A KeyBanc note highlighted strength across products and geographies and raised its price target to $425 from $405.
| Metric | Value |
|---|---|
| Price | $349.22 |
| Market Cap | $95.43B |
| P/E Ratio | 80.47 |
| EPS | $4.32 |
| Dividend Yield | 0.00% |
| 52-Week High | $376.45 |
| 52-Week Low | $221.56 |
| Volume | 1.47M |
| Avg Volume | 0 |
| Revenue (TTM) | $5.53B |
| Net Income | $1.17B |
| Gross Margin | 0.00% |
14 analysts cover CDNS: 0 strong buy, 12 buy, 2 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $374.77.