Cadence Design Systems reports Monday: what the market expects
Cadence Design Systems reports results after the bell on Monday, with analysts expecting revenue growth of 20.7% year on year, per StockStory.
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what happened
Electronic design automation company Cadence Design Systems will publish its earnings after the market closes on Monday, according to StockStory.
Last quarter the company posted revenue of $1.58 billion, up 24.2% from a year earlier. That beat analyst revenue estimates, and its guidance for the next quarter came in above expectations. The market now expects revenue to rise 20.7% year on year, compared with growth of 10.1% in the same quarter a year ago. Analysts have broadly kept their estimates unchanged over the past 30 days.
Among vertical software peers, only Adobe has reported so far. Its revenue topped forecasts with 12.9% growth, and its shares rose 1.4% on the results. Vertical software stocks have gained 12.6% on average over the last month, while Cadence shares fell 2.8%. The average analyst price target is $406.24, against a current share price of $317.03.
why it matters
For investors, the report is a read on demand in software used to design electronics. The gap between the average price target and the current share price reflects analyst expectations but says little on its own about where the stock is heading.
tags
instruments
sources
- Cadence Design Systems (CDNS) to report earnings tomorrow: here is what to expect — stockstory.org, 25 October 2026 at 03:02 UTC
- Cincinnati Financial (CINF) to report earnings tomorrow: here is what to expect — stockstory.org, 25 October 2026 at 03:05 UTC
- Greenbrier (GBX) to report earnings tomorrow: here is what to expect — stockstory.org, 25 October 2026 at 03:04 UTC
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