Cadence Design Systems, Inc.·Technology

Cadence Design Systems (CDNS) concluded the recent trading session at $265.66, signifying a -5.46% move from its prior day's close.

In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $281.12, denoting a -2.89% move from the preceding trading day.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its first quarter 2026 financial results webcast on Monday, April 27, 2026.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

GraniteShares Advisors LLC lowered its holdings in shares of Cadence Design Systems, Inc. (NASDAQ: CDNS) by 89.7% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 313 shares of the software maker's stock after selling 2,714 shares during the quarter.

Aberdeen Group plc lowered its stake in Cadence Design Systems, Inc. (NASDAQ: CDNS) by 7.8% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 468,074 shares of the software maker's stock after selling 39,372 shares during the period. Aberdeen Group plc owned 0.17%
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Technology
Software - Application
12,837
1987-06-10
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