Q3 Earnings Estimate for CDNS Issued By Griffin Securities

Cadence Design Systems, Inc. (NASDAQ:CDNS) – Griffin Securities raised their Q3 2025 earnings per share estimates for Cadence Design Systems in a note issued to investors on Tuesday, July 29th. Griffin Securities analyst J. Vleeschhouwer now anticipates that the software maker will post earnings per share of $1.43 for the quarter, up from their prior estimate of $1.35. The consensus estimate for Cadence Design Systems’ current full-year earnings is $5.41 per share. Griffin Securities also issued estimates for Cadence Design Systems’ FY2025 earnings at $5.53 EPS, Q1 2026 earnings at $1.31 EPS, Q2 2026 earnings at $1.38 EPS, Q3 2026 earnings at $1.45 EPS, Q4 2026 earnings at $1.82 EPS and FY2026 earnings at $5.96 EPS.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings data on Monday, July 28th. The software maker reported $1.65 EPS for the quarter, topping the consensus estimate of $1.56 by $0.09. Cadence Design Systems had a net margin of 19.88% and a return on equity of 29.65%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period last year, the business posted $1.28 earnings per share. Cadence Design Systems’s quarterly revenue was up 20.2% compared to the same quarter last year.

Several other equities analysts have also issued reports on the stock. KeyCorp lifted their target price on shares of Cadence Design Systems from $358.00 to $405.00 and gave the company an “overweight” rating in a report on Tuesday. Berenberg Bank set a $400.00 price objective on shares of Cadence Design Systems in a report on Wednesday. Stifel Nicolaus boosted their price objective on shares of Cadence Design Systems from $350.00 to $395.00 and gave the stock a “buy” rating in a report on Tuesday. Wall Street Zen lowered shares of Cadence Design Systems from a “buy” rating to a “hold” rating in a report on Sunday, July 20th. Finally, Needham & Company LLC restated a “buy” rating and issued a $390.00 price objective (up from $325.00) on shares of Cadence Design Systems in a report on Tuesday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cadence Design Systems currently has an average rating of “Moderate Buy” and a consensus target price of $364.33.

Cadence Design Systems Stock Performance

Shares of CDNS opened at $356.97 on Friday. The company has a 50-day simple moving average of $313.43 and a two-hundred day simple moving average of $290.80. Cadence Design Systems has a one year low of $221.56 and a one year high of $376.45. The firm has a market capitalization of $97.27 billion, a PE ratio of 96.48, a price-to-earnings-growth ratio of 4.78 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.82 and a quick ratio of 2.90.

Insiders Place Their Bets

In other news, Director Ita M. Brennan sold 180 shares of the company’s stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $304.00, for a total transaction of $54,720.00. Following the sale, the director directly owned 8,010 shares in the company, valued at approximately $2,435,040. This represents a 2.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Paul Cunningham sold 1,000 shares of the company’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $306.35, for a total transaction of $306,350.00. Following the sale, the vice president owned 105,499 shares in the company, valued at $32,319,618.65. This represents a 0.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,698 shares of company stock worth $1,126,667 in the last 90 days. 1.99% of the stock is currently owned by corporate insiders.

Institutional Trading of Cadence Design Systems

Several hedge funds have recently made changes to their positions in the business. Smallwood Wealth Investment Management LLC bought a new position in Cadence Design Systems during the 1st quarter valued at about $25,000. Costello Asset Management INC bought a new position in Cadence Design Systems in the 1st quarter worth about $25,000. Barrett & Company Inc. bought a new position in Cadence Design Systems in the 2nd quarter worth about $31,000. Saudi Central Bank bought a new position in Cadence Design Systems in the 1st quarter worth about $27,000. Finally, Valley National Advisers Inc. grew its stake in Cadence Design Systems by 707.1% in the 1st quarter. Valley National Advisers Inc. now owns 113 shares of the software maker’s stock worth $28,000 after acquiring an additional 99 shares in the last quarter. 84.85% of the stock is currently owned by hedge funds and other institutional investors.

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.