Griffin Securities Has Optimistic View of CDNS Q4 Earnings

Cadence Design Systems, Inc. (NASDAQ:CDNS) – Research analysts at Griffin Securities lifted their Q4 2025 earnings per share (EPS) estimates for shares of Cadence Design Systems in a research report issued to clients and investors on Tuesday, April 29th. Griffin Securities analyst J. Vleeschhouwer now anticipates that the software maker will post earnings per share of $1.55 for the quarter, up from their prior estimate of $1.52. The consensus estimate for Cadence Design Systems’ current full-year earnings is $5.41 per share.

A number of other research firms have also recently issued reports on CDNS. Loop Capital reduced their price objective on Cadence Design Systems from $360.00 to $340.00 and set a “buy” rating for the company in a research report on Wednesday, February 19th. Redburn Atlantic started coverage on Cadence Design Systems in a report on Monday, January 13th. They issued a “buy” rating and a $350.00 price objective on the stock. JPMorgan Chase & Co. upgraded shares of Cadence Design Systems from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $300.00 to $325.00 in a research note on Thursday, April 24th. Needham & Company LLC restated a “buy” rating and set a $325.00 price target on shares of Cadence Design Systems in a research note on Tuesday. Finally, Robert W. Baird lifted their price objective on shares of Cadence Design Systems from $293.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, Cadence Design Systems presently has an average rating of “Moderate Buy” and a consensus target price of $322.54.

Cadence Design Systems Trading Up 0.7 %

Shares of NASDAQ:CDNS opened at $299.73 on Thursday. The firm has a fifty day moving average of $257.13 and a two-hundred day moving average of $282.53. The company has a quick ratio of 2.27, a current ratio of 2.93 and a debt-to-equity ratio of 0.53. Cadence Design Systems has a 12-month low of $221.56 and a 12-month high of $328.99. The firm has a market capitalization of $82.22 billion, a P/E ratio of 77.65, a price-to-earnings-growth ratio of 3.88 and a beta of 1.14.

Cadence Design Systems (NASDAQ:CDNS) last issued its earnings results on Monday, April 28th. The software maker reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.07. Cadence Design Systems had a return on equity of 29.24% and a net margin of 22.74%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter in the prior year, the company earned $1.17 EPS. The firm’s quarterly revenue was up 23.1% on a year-over-year basis.

Insider Transactions at Cadence Design Systems

In related news, VP Paul Scannell sold 4,710 shares of the stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $300.00, for a total value of $1,413,000.00. Following the completion of the sale, the vice president now owns 28,442 shares in the company, valued at approximately $8,532,600. This trade represents a 14.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Paul Cunningham sold 650 shares of Cadence Design Systems stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $252.73, for a total value of $164,274.50. Following the sale, the vice president now directly owns 58,123 shares in the company, valued at approximately $14,689,425.79. This trade represents a 1.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,840 shares of company stock worth $1,980,999. Company insiders own 1.99% of the company’s stock.

Institutional Trading of Cadence Design Systems

Hedge funds have recently modified their holdings of the company. Norges Bank acquired a new stake in Cadence Design Systems in the 4th quarter valued at $1,170,209,000. GAMMA Investing LLC raised its stake in shares of Cadence Design Systems by 31,049.1% in the first quarter. GAMMA Investing LLC now owns 1,218,241 shares of the software maker’s stock worth $309,835,000 after acquiring an additional 1,214,330 shares during the last quarter. Schroder Investment Management Group lifted its holdings in Cadence Design Systems by 53.1% during the 4th quarter. Schroder Investment Management Group now owns 2,064,219 shares of the software maker’s stock worth $623,105,000 after buying an additional 716,041 shares in the last quarter. FMR LLC boosted its holdings in Cadence Design Systems by 8.7% in the fourth quarter. FMR LLC now owns 7,978,652 shares of the software maker’s stock valued at $2,397,266,000 after acquiring an additional 639,146 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Cadence Design Systems by 12.5% during the 4th quarter. Alliancebernstein L.P. now owns 5,676,194 shares of the software maker’s stock worth $1,705,469,000 after buying an additional 632,175 shares during the period. Institutional investors own 84.85% of the company’s stock.

About Cadence Design Systems

Cadence Design Systems, Inc provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.