Cadence Design Systems stock: StoneX keeps a USD 450.00 target for Cadence Design Systems stock
Published on 10/19/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target before results
- StoneX maintained a Buy rating and a USD 450.00 target on October 16, 2026.
- Cadence is scheduled to report third-quarter results on October 26, 2026.
- Cadence Design Systems stock costs EUR 287.13 at Lang & Schwarz on October 19, 2026 at 3:40 p.m. CEST, 1.10 percent above the Xetra close of October 16, 2026.
- Market capitalization was USD 89.8 billion and the price-to-earnings ratio was 64.95 as of October 19, 2026.
StoneX maintained a Buy rating and a USD 450.00 price target for Cadence Design Systems on October 16, 2026, according to Investing.com. Against the Nasdaq price of USD 326.22 at 9:55 a.m. ET on October 19, 2026, the target stands 37.95 percent higher. Cadence Design Systems stock was trading at EUR 287.13 at Lang & Schwarz on October 19, 2026 at 3:40 p.m. CEST, up 1.10 percent versus the Xetra close of October 16, 2026 at EUR 284.00.
StoneX target stays above USD 326.22
The StoneX target gives the stock a clearly defined valuation marker ahead of the next report. The gap is calculated against the same-day Nasdaq price in US dollars, while the German trading view uses the separate euro quotation. StoneX also said the company and Synopsys could benefit from demand for artificial intelligence and new computing hardware, but that assessment is not a price forecast from this desk.
October 26 sets the next date
Cadence scheduled its third-quarter 2026 financial results webcast for October 26, 2026, in a release dated October 5, 2026. The company said the webcast would begin at 2:00 p.m. Pacific Time, according to Cadence Design Systems. That date is the next scheduled corporate event for the stock.
Price remains below the yearly high
The Nasdaq price was USD 326.22 at 9:55 a.m. ET, with a session range of USD 321.29 to USD 327.50 and volume of 119,686 shares. The 52-week range was USD 262.75 to USD 416.69 as of October 19, 2026, leaving the price 21.71 percent below the high. The current euro quote sits in the regular Xetra trading phase and is 1.10 percent above the latest Xetra close.
Valuation and market size
Cadence had a market capitalization of USD 89.8 billion and a price-to-earnings ratio of 64.95 as of October 19, 2026. The company operates in technology and application software, with products covering electronic design automation, verification, semiconductor intellectual property and system design. For investors, the October 26 report will put the StoneX target beside new operating figures.
Cadence stock in euros
At Lang & Schwarz, Cadence Design Systems stock was trading at EUR 287.13 on October 19, 2026 at 3:40 p.m. CEST, up EUR 3.13 or 1.10 percent versus the Xetra close of October 16, 2026 at EUR 284.00. The bid was EUR 286.25 and the ask was EUR 288.00.
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 19, 2026, 3:40 p.m. CEST): EUR 287.13
- Change versus Xetra close: plus 1.10 percent
- Xetra close (October 16, 2026): EUR 284.00
- Market capitalization: USD 89.8 billion (as of October 19, 2026)
- 52-week range: USD 262.75-416.69 (as of October 19, 2026)
- Sector / Industry: Technology / Application Software
Market context: Market report S&P 500.
