Get emailed when CDNS changes direction
Insider selling: $123,043,498 sold by 17 insiders (30d)
Est. revisions:
-0.3%
Factor Model (net +1.1)
Factor Model
net +1.1 2.8 / 10
Est. Revisions
+0.0
Insider Activity
+0.0
Momentum
+0.0
Analyst Rev.
+0.8
Narrative Gap
+0.0
Beat estimates, raised FY2026 EPS guidance
Watch: Watch Q1 2026 bookings and any commentary on AI/generative design tool adoption when the company reports earnings. Cadence's ability to cross-sell AI-assisted design capabilities into its existing customer base will determine whether this beat-and-raise cycle repeats.
Cadence crushed Q4 expectations on both revenue and profitability, posting $1.44 billion in revenue (beat by 1.4%) and $1.99 EPS (beat by 4.2%) with a 45.8% gross margin. For fiscal 2026, the company guided adjusted EPS to $8.10 at the midpoint—above Street expectations of $8.05. Most importantly, Cadence has locked in $7.8 billion in backlog plus $3.8 billion in performance commitments, representing 64% of its full-year guidance.
Beating estimates and raising guidance in a single quarter is a clean positive signal. The deep backlog visibility—nearly two-thirds of FY2026 revenue already contracted—de-risks execution risk and suggests sustained momentum in semiconductor design software demand as AI infrastructure buildout continues to drive chip complexity.
Evidence
2h ago
CadenceLIVE 2026 — Can Agentic AI Finally Crack 3D IC Design Automation? - The Futurum Group
google-news-semiconductor
2d ago
Needham main CDNS: Buy → Buy
6d ago
Latest Insights from Two Major EDA Giants: The Five-Year Roadmap for EDA, with AI Agents at the Core of Efficiency Revolution - 富途牛牛
google-news-semiconductor
7d ago
Stocks Set to Open Lower as Oil Prices Top $100 After U.S.-Iran Talks Collapse, Big Bank Earnings Awaited
yahoo-finance
8d ago
Insider sell by DEVGAN ANIRUDH (CDNS): $28,876,810
8d ago
Insider buy by GAVRIELOV MOSHE NACHUM (CDNS): $13,875
Fundamentals & Data ▾
Cadence Design Systems, Inc.
Technology · Software - Application
Mkt Cap
$88B
P/E
78.8 fwd 34.1
Beta
1.04
52w Range
$251.95 - $376.45
Short Interest
7.2M 2.62%
Days to Cover
3.2 +36%
Technicals
downtrend
from 52w Hi
0.0%
1w return
+11.4%
Insiders
selling
0B / 9S
Analysts
mixed
EPS Estimate
$1.89
-0.3% 30d
0up / 0dn
Est. Dispersion
8%
12 analysts
Analyst Target
$372
$275 - $410
Options P/C
0.18
Insider Cluster
strong sell
1B / 5S
Financials
Revenue
$1.4B +6% YoY
FCF
$512M
Gross Margin
87%
Op Margin
32%
Momentum:
accelerating
Recent Filings & Data
insider trade
140
net selling
· $123,043,498 sold
· $13,875 bought
17 insiders · 140 transactions (30d)
Recent transactions
WALL JOHN M · sell · $6,653,175
CUNNINGHAM PAUL ALEXANDER · award
SCANNELL PAUL · award
TAXAY MARC · award
WALL JOHN M · award
TENG CHIN-CHI · award
DEVGAN ANIRUDH · award
BRENNAN ITA M · sell · $53,105
CUNNINGHAM PAUL ALEXANDER · award
SCANNELL PAUL · award
TAXAY MARC · award
WALL JOHN M · award
TENG CHIN-CHI · award
DEVGAN ANIRUDH · award
CUNNINGHAM PAUL ALEXANDER · sell · $297,780
CUNNINGHAM PAUL ALEXANDER · sell · $295,090
GAVRIELOV MOSHE NACHUM · sell · $7,898
TENG CHIN-CHI · sell · $2,009,189
TENG CHIN-CHI · exercise · $236,280
CUNNINGHAM PAUL ALEXANDER · sell · $315,700
VAN DEN HOVE LUC · award
WALL JOHN M · sell · $8,857,772
WALL JOHN M · exercise · $4,847,286
SCANNELL PAUL · sell · $1,863,495
BRENNAN ITA M · sell · $60,747
TENG CHIN-CHI · sell · $2,020,166
TENG CHIN-CHI · exercise · $369,489
DEVGAN ANIRUDH · sell · $6,800,000
DEVGAN ANIRUDH · exercise · $1,575,200
CUNNINGHAM PAUL ALEXANDER · sell · $312,640
TENG CHIN-CHI · sell · $1,884,652
TENG CHIN-CHI · exercise · $212,728
DEVGAN ANIRUDH · sell · $1,819,280
CUNNINGHAM PAUL ALEXANDER · sell · $340,260
DEVGAN ANIRUDH · other
CUNNINGHAM PAUL ALEXANDER · sell · $348,270
WALL JOHN M · sell · $2,618,670
BRENNAN ITA M · sell · $60,213
CUNNINGHAM PAUL ALEXANDER · sell · $343,950
TENG CHIN-CHI · sell · $2,944,364
TENG CHIN-CHI · exercise · $386,712
CUNNINGHAM PAUL ALEXANDER · other
CUNNINGHAM PAUL ALEXANDER · sell · $358,720
TENG CHIN-CHI · sell · $2,841,684
TENG CHIN-CHI · exercise · $771,256
CUNNINGHAM PAUL ALEXANDER · sell · $306,350
TENG CHIN-CHI · sell · $2,675,799
TENG CHIN-CHI · exercise · $768,360
CUNNINGHAM PAUL ALEXANDER · sell · $302,000
SOHN YOUNG K · other · $33,864
BRENNAN ITA M · sell · $54,720
CUNNINGHAM PAUL ALEXANDER · sell · $185,880
PLUMMER JAMES D · sell · $277,715
TAXAY MARC · award
LIUSON JULIA · award
PLUMMER JAMES D · award
GAVRIELOV MOSHE NACHUM · award
SANGIOVANNI VINCENTELLI ALBERTO · award
SOHN YOUNG K · award
ADAMS MARK W · award
BRENNAN ITA M · award
KRAKAUER MARY LOUISE · award
CHEW LEWIS · award
ADAMS MARK W · other
PLUMMER JAMES D · other
DEVGAN ANIRUDH · sell · $3,328,470
CUNNINGHAM PAUL ALEXANDER · sell · $196,950
SCANNELL PAUL · sell · $1,413,000
BRENNAN ITA M · sell · $49,500
CUNNINGHAM PAUL ALEXANDER · sell · $164,216
GAVRIELOV MOSHE NACHUM · buy · $13,875
CUNNINGHAM PAUL ALEXANDER · award
NISEWANER KARNA · award
NISEWANER KARNA · sell · $455,562
SCANNELL PAUL · award
WALL JOHN M · award
TENG CHIN-CHI · award
DEVGAN ANIRUDH · award
LIUSON JULIA · award
CUNNINGHAM PAUL ALEXANDER · exercise · $690,100
CUNNINGHAM PAUL ALEXANDER · sell · $164,274
NISEWANER KARNA · sell · $169,073
TENG CHIN-CHI · sell · $3,878,257
TENG CHIN-CHI · exercise · $721,833
CUNNINGHAM PAUL ALEXANDER · sell · $190,008
DEVGAN ANIRUDH · sell · $28,876,810
DEVGAN ANIRUDH · exercise · $5,269,552
TENG CHIN-CHI · sell · $3,748,180
TENG CHIN-CHI · exercise · $707,125
CUNNINGHAM PAUL ALEXANDER · sell · $198,146
DEVGAN ANIRUDH · sell · $1,799,928
GAVRIELOV MOSHE NACHUM · award
WALL JOHN M · sell · $1,305,343
SCANNELL PAUL · sell · $969,628
ADAMS MARK W · other
CUNNINGHAM PAUL ALEXANDER · other
CUNNINGHAM PAUL ALEXANDER · sell · $199,024
TENG CHIN-CHI · sell · $1,785,968
TENG CHIN-CHI · exercise · $1,168,529
TENG CHIN-CHI · sell · $2,955,964
TENG CHIN-CHI · exercise · $565,700
SANGIOVANNI VINCENTELLI ALBERTO · sell · $447,675
CUNNINGHAM PAUL ALEXANDER · sell · $179,400
SANGIOVANNI VINCENTELLI ALBERTO · sell · $425,490
WALL JOHN M · sell · $6,589
CUNNINGHAM PAUL ALEXANDER · sell · $177,736
NISEWANER KARNA · sell · $181,871
SANGIOVANNI VINCENTELLI ALBERTO · sell · $413,970
DEVGAN ANIRUDH · other · $4,236
CUNNINGHAM PAUL ALEXANDER · sell · $173,478
WALL JOHN M · sell · $2,659,072
WALL JOHN M · exercise · $1,338,860
NISEWANER KARNA · sell · $339,021
TENG CHIN-CHI · sell · $2,763,591
TENG CHIN-CHI · exercise · $787,600
SANGIOVANNI VINCENTELLI ALBERTO · sell · $414,360
CUNNINGHAM PAUL ALEXANDER · sell · $173,056
SANGIOVANNI VINCENTELLI ALBERTO · sell · $471,855
NISEWANER KARNA · sell · $184,650
TENG CHIN-CHI · sell · $3,058,398
CUNNINGHAM PAUL ALEXANDER · sell · $200,038
SANGIOVANNI VINCENTELLI ALBERTO · sell · $463,635
CUNNINGHAM PAUL ALEXANDER · sell · $191,750
TENG CHIN-CHI · sell · $9,573,183
TENG CHIN-CHI · exercise · $3,870,624
NISEWANER KARNA · sell · $172,386
SANGIOVANNI VINCENTELLI ALBERTO · sell · $430,705
ADAMS MARK W · award
ADAMS MARK W · other
PLUMMER JAMES D · award
PLUMMER JAMES D · other
SANGIOVANNI VINCENTELLI ALBERTO · award
SOHN YOUNG K · award
BRENNAN ITA M · award
KRAKAUER MARY LOUISE · award
CHEW LEWIS · award
NISEWANER KARNA · sell · $165,216
CUNNINGHAM PAUL ALEXANDER · sell · $275,360
SANGIOVANNI VINCENTELLI ALBERTO · sell · $463,238
CUNNINGHAM PAUL ALEXANDER · sell · $280,190
10 signals · latest 2h ago
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