CDNS Stock Summary and Trading Ideas (Cadence Design Systems | NASDAQ:CDNS)

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.

What symbol and exchange does Cadence Design Systems shares trade?

Cadence Design Systems trades on the NASDAQ stock market under the symbol CDNS.

What is Cadence Design Systems stock price doing today?

As of September 2, 2026, CDNS stock price declined to $306.67 with 2,230,377 million shares trading.

What is Cadence Design Systems's Beta?

CDNS has a beta of 1.48, meaning it tends to be more sensitive to market movements. CDNS has a correlation of 0.25 to the broad based SPY ETF.

How much is Cadence Design Systems worth?

CDNS has a market cap of $84.45 billion. This is considered a Large Cap stock.

How much money does Cadence Design Systems make?

Last quarter Cadence Design Systems reported $2 billion in Revenue and $2.11 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.14.

What is the highest and lowest price Cadence Design Systems traded in the last 3 year period?

In the last 3 years, CDNS traded as high as $416.69 and as low as $221.56.

What are the top ETFs holding Cadence Design Systems?

The top ETF exchange traded funds that CDNS belongs to (by Net Assets): VTI, VOO, QQQ, SMH, IVV.

Is Cadence Design Systems (CDNS) a good investment?

CDNS has underperformed the market in the last year with a price return of -12.5% while the SPY ETF gained +19.8%. CDNS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -26.0% and -3.1%, respectively, while the SPY returned +1.1% and -0.3%, respectively.

What are the support and resistance levels for Cadence Design Systems (CDNS)?

CDNS support price is $306.02 and resistance is $320.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CDNS shares will trade within this expected range on the day.