Cadence Design Systems stock trades near its 52-week high
Published on 09/03/2026 at 20:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cadence Design Systems stock (US12541W1027) traded at USD 427.18 on September 3, 2026, with a market capitalization of USD 116.4 billion. The share price sat near the top of a 52-week range from USD 255.00 to USD 430.99, a gap that leaves only USD 3.81 between the quote and the high.
Conference attention
GuruFocus said on September 2, 2026 that Cadence's Anirudh Devgan will present at the Goldman Sachs Communacopia Technology Conference on September 3, 2026. That keeps the stock in view even as the market focuses on the latest operating figures from the most recent quarter.
For Cadence, the latest reported quarter is the second quarter of 2026, when revenue reached USD 1.28 billion and non-GAAP EPS came in at USD 1.65, according to the company and market coverage. Revenue rose 20.7 percent year over year, and EPS improved from USD 1.36 in the prior-year quarter.
Quarterly numbers matter
The same quarter also showed the kind of operating leverage investors watch closely: gross margin was 85.3 percent and operating margin was 40.5 percent in Q2 2026. That compares with revenue growth of 20.7 percent, so the question is not only demand but how much of it flows through to profit.
Current guidance still frames the story. Cadence guided for fiscal 2026 revenue of about USD 5.14 billion to USD 5.22 billion, while the second-quarter report anchored the year with USD 1.28 billion in quarterly sales and USD 1.65 in adjusted EPS.
What the product line shows
Cadence's software portfolio remains the core of the investment case, especially its electronic design automation tools used by chip designers and system teams. The Q2 2026 results show that this business can still convert demand into margin, with 85.3 percent gross margin and 40.5 percent operating margin in the reported quarter.
Price near the top
Cadence Design Systems stock traded at USD 427.18 on September 3, 2026, close to the 52-week high of USD 430.99 and above the 52-week low of USD 255.00. The stock's market capitalization stood at USD 116.4 billion on the same date.
Cadence Design Systems stock data
- Company: Cadence Design Systems Inc.
- ISIN: US12541W1027
- Ticker: CDNS
- Trading venue: NASDAQ
- Price (as of September 3, 2026): USD 427.18
- Market capitalization: USD 116.4 billion (as of September 3, 2026)
- Sector / Industry: Information Technology / Application Software
- Index membership: Nasdaq 100
