Cadence Design Systems stock costs EUR 277.88 before October 26 results
Published on 10/23/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAI platform and earnings setup
- Cadence unveiled a sovereign AI platform in Munich on October 21, 2026, with ISO 27001 and ISO 27017 certification.
- Second-quarter 2026 revenue grew 24.2 percent to USD 1.584 billion.
- Cadence Design Systems stock trades at EUR 277.88 at 11:07 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.92 percent above the Xetra close of October 22, 2026.
Cadence Design Systems stock (ISIN US1273871087) was trading at EUR 277.88 at Lang & Schwarz on October 23, 2026, at 11:07 a.m. CEST, 0.92 percent above the Xetra close of October 22, 2026 at EUR 275.35. The company is approaching its third-quarter results, scheduled for October 26, 2026, according to Cadence.
Cadence enters results week
The upcoming report will test whether Cadence can sustain the growth shown in the second quarter of 2026. Revenue rose 24.2 percent year over year to USD 1.584 billion, while adjusted earnings per share reached USD 2.11 against a USD 2.06 consensus estimate, as 24/7 Wall St. reported on October 22, 2026.
The same report cited a record USD 8.10 billion backlog and full-year 2026 revenue guidance of USD 6.26 billion to USD 6.34 billion. That combination gives the October report two tests: continued demand for design tools and evidence that new AI products can support recurring revenue.
What does the margin mean?
Management guided third-quarter 2026 adjusted operating margin to 43.5 percent to 44.5 percent, below the 45.5 percent reported for the prior quarter, according to 24/7 Wall St. The range matters because the company is absorbing investment linked to Hexagon integration and Intel opportunities.
Analyst expectations point to third-quarter revenue of USD 1.61 billion and adjusted earnings per share of USD 2.04. MarketBeat reported those estimates on October 19, 2026, against company guidance of USD 2.01 to USD 2.07 per share.
Three dates define the setup
On September 22, 2026, Cadence introduced an AI agent that delivered an average 24 percent area reduction and 18 percent power reduction in early evaluations, according to Simply Wall St. On October 21, 2026, it unveiled a sovereign AI platform in Munich carrying ISO 27001, ISO 27017 and SOC 2 Type II certifications, according to Simply Wall St. On October 26, 2026, Cadence is scheduled to report third-quarter results and host its webcast.
The October 26 reporting date
Cadence said the webcast will begin at 2:00 p.m. Pacific Time on October 26, 2026. For investors, the key comparison is whether revenue reaches the USD 1.61 billion estimate while adjusted margin remains within the guided 43.5 percent to 44.5 percent range.
Stock holds below its yearly high
Cadence Design Systems stock was trading at EUR 277.88 at Lang & Schwarz on October 23, 2026, at 11:07 a.m. CEST, 0.92 percent above the Xetra close of October 22, 2026 at EUR 275.35. The reference price sits within the EUR 165.64 to EUR 359.70 52-week range shown for the euro quotation.
The further course of trading is shown by the continuously updated real-time quote of Cadence Design Systems stock.
Cadence Design Systems stock facts
- Company: Cadence Design Systems, Inc.
- ISIN: US1273871087
- Ticker: CDNS
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 11:07 a.m. CEST): EUR 277.88
- Change versus Xetra close: plus 0.92 percent
- Xetra close (October 22, 2026): EUR 275.35
- 52-week range: EUR 165.64-EUR 359.70 (as of October 23, 2026)
- Sector / Industry: Technology / Software - Application
Market context: Market report S&P 500.
