Cadence Design Systems (CDNS) closed at $309.65 on October 22, 2026, down 5.0% from the previous close, on volume of 2,650,449 shares (30-day average 2,285,860).
Data as of October 22, 2026.
22-Oct-2026
Business Wire (Wed, 21-Oct 7:30 AM ET)
Business Wire (Wed, 21-Oct 7:30 AM ET)
TipRanks (Wed, 21-Oct 6:40 AM ET)
Cadence Design (CDNS): New Buy Recommendation for This Technology Giant
TipRanks (Tue, 20-Oct 8:36 AM ET)
Socionext Expands Agentic AI to Advanced, Large-Scale SoC Physical Design
Business Wire (Tue, 20-Oct 3:00 AM ET)
Cadence Announces Third Quarter 2026 Financial Results Webcast
Business Wire (Mon, 5-Oct 4:15 PM ET)
Business Wire (Wed, 23-Sep 3:00 PM ET)
Cadence Adds an RTL Generation Agent, Citing 24% Area and 18% Power Improvements in Early Trials
Market Chameleon (Tue, 22-Sep 5:50 AM ET)
Business Wire (Tue, 22-Sep 9:00 AM ET)
Cadence Tensilica IP Powers Analog Devices' Next-Generation DSP Architecture
Business Wire (Tue, 15-Sep 9:00 AM ET)
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.
Cadence Design Systems trades on the NASDAQ stock market under the symbol CDNS.
As of October 22, 2026, CDNS stock price declined to $309.65 with 2,650,449 million shares trading.
CDNS has a beta of 1.60, meaning it tends to be more sensitive to market movements. CDNS has a correlation of 0.21 to the broad based SPY ETF.
CDNS has a market cap of $85.28 billion. This is considered a Large Cap stock.
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.
In the last 3 years, CDNS traded as high as $416.69 and as low as $221.56.
The top ETF exchange traded funds that CDNS belongs to (by Net Assets): VTI, VOO, QQQ, SMH, IVV.
CDNS has underperformed the market in the last year with a price return of -6.3% while the SPY ETF gained +15.5%. CDNS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.1% and -11.2%, respectively, while the SPY returned +2.5% and -1.3%, respectively.
CDNS support price is $318.63 and resistance is $333.51 (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.
