Cadence Design Systems stock slips after July results and outlook

Published on 09/07/2026 at 18:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cadence Design Systems stock is trading below its recent range after July 27, 2026 results showed $1.58 billion in revenue, $2.11 EPS and FY 2026 guidance of $8.05 to $8.15 EPS.

Schwarz-Weiß Doku: Ingenieure an EDA-Workstations mit IC-Layouts — Cadence Design Systems US12541W1027 zeigt Ingenieure in Schwarz-Weiß beim Überprüfen von IC-Layouts an Workstations, Illustration mit AI erstellt.

Cadence Design Systems stock (US12541W1027) closed at USD 292.70 on September 4, 2026, after a drop of 4.00 percent to a market capitalization of USD 80.61 billion. The move came after the company reported July 27, 2026 quarterly figures and kept FY 2026 guidance in view.

July quarter sets the tone

According to MarketBeat, Cadence said its July 27, 2026 quarter delivered revenue of USD 1.58 billion and EPS of USD 2.11, which beat the consensus estimate of USD 2.05 by USD 0.06. Revenue was up 24.2 percent from the prior-year quarter, and net margin reached 23.60 percent.

That mix matters because the stock is now trading 30.4 percent below the 52-week high of USD 416.69, while still sitting 11.4 percent above the 52-week low of USD 262.75 on the same September 4, 2026 market snapshot.

Guidance still frames trading

MarketBeat also said Cadence set FY 2026 guidance at EPS of USD 8.05 to USD 8.15 and Q3 2026 guidance at USD 2.01 to USD 2.07 EPS. The consensus target price was USD 405.69, and the consensus rating was Moderate Buy in the same overview.

For investors, the gap between the September 4, 2026 close of USD 292.70 and the consensus target of USD 405.69 is the clearest valuation marker in the available data. A first. The stock is priced well below that target, but the quarterly beat still leaves the focus on execution rather than on a single-day price move.

AI design tools stay central

Cadence Design Systems, Inc. builds electronic design automation software used in chip and system development, and that product set is the core reason quarterly revenue and margin updates matter so much. The July 27, 2026 quarter showed 24.2 percent revenue growth, which is the kind of operating pace that keeps the business model in the market's spotlight.

What the tape shows

On September 4, 2026, the stock traded between USD 287.90 and USD 308.30 during the session, with volume of 4.22 million shares. That leaves Cadence Design Systems stock at USD 292.70, with the next move still tied to how quickly the FY 2026 EPS range of USD 8.05 to USD 8.15 is translated into later-quarter results.