Cadence Design Systems stock holds above $316 after Q2 beat
Published on 08/25/2026 at 12:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cadence Design Systems, Inc. (US12541W1027) stock traded at $316.66 on August 25, 2026, after the company posted adjusted Q2 2026 EPS of $2.11 and revenue of $1.58 billion in the quarter ended July 27, 2026.
That update also lifted fiscal 2026 adjusted EPS guidance to $8.05 to $8.15, while the latest quote showed a market cap of $87.34 billion and a 52-week range of $262.75 to $416.69.
Q2 numbers still drive the story
Cadence said Q2 revenue rose 24.2 percent year over year, and adjusted EPS beat consensus by $0.06, since Wall Street had expected $2.05. The margin profile remained strong, with a net margin of 23.60 percent and return on equity of 23.23 percent on trailing figures.
Those numbers matter because the stock is still priced against growth, not just software maturity. The current price is also below the consensus target of $403.94, a gap of $87.28 from the latest quote.
Analysts stay constructive
Recent coverage points to a moderate-buy stance, and one latest rating on August 25, 2026 kept a buy view while raising the price target from $400 to $420. The same market snapshot showed forward EPS guidance of $2.01 to $2.07 for Q3 2026, which implies another quarter of resilient demand.
For investors, the comparison is simple: revenue growth of 24.2 percent year over year, Q2 adjusted EPS of $2.11, and full-year adjusted EPS guidance of up to $8.15 all support the case that the company is still converting AI-related design demand into earnings.
What Cadence sells
Cadence is best known for electronic design automation software, verification tools, and silicon intellectual property used in chip and system-on-chip design. Its platforms cover verification, implementation, packaging, and prototyping across advanced semiconductor workflows.
Share price and valuation
Cadence Design Systems stock closed the latest regular session at $316.66, with intraday trading and market data centered around the low $316 area on August 25, 2026. The latest market snapshot also showed an enterprise value of $89.07 billion and a trailing P/E ratio of 63.42.
Company
Company: Cadence Design Systems, Inc.
ISIN: US12541W1027
Ticker: CDNS
Exchange: Nasdaq
Price (as of August 25, 2026, 3:08 p.m. ET): $316.66 USD
Market cap: $87.34 billion (as of August 25, 2026)
Sector / Industry: Technology / Software - Application
Index membership: Nasdaq-100
Go deeper
More on Cadence Design Systems stock: the latest quarter ended July 27, 2026, with adjusted EPS of $2.11 and revenue of $1.58 billion.
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