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Cadence Design Systems, Inc. (CDNS) Stock Analysis

Range Bound setup · Temp Headwind edge

SellModerate Confidence

Technology · Software - Application

Sell if holding. Analyst target reached at $346.12 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Technology): -0.8.

Cadence Design Systems develops EDA software, accelerated hardware, and semiconductor IP used by chip and electronics companies. Total revenue was $5.297B in fiscal 2025, with 91% from product and maintenance (primarily time-based software licenses averaging 2-3 years) and 9%... Read more

$346.12+3.0% A.UpsideScore 5.4/10#73 of 98 Software - Application
QualityF-score8 / 9FCF yield1.57%
Stop $326.20Target $357.71(resistance)A.R:R -0.1:1
Analyst target$379.55+9.7%26 analysts
$357.71our TP
$346.12price
$379.55mean
$275
$425

Sell if holding. Analyst target reached at $346.12 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Technology): -0.8. Chart setup: RSI 58 mid-range, Bollinger mid-band. Score 5.4/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 72d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

Recent Developments — Cadence Design Systems, Inc.

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
V7 flight-to-quality bonus: +0.5 (Q=8.3 in RISK_OFF)
Strong earnings beat streak (4/4)
High-quality business
Risks
Analyst target reached - limited upside remaining
Sector modifier (Technology): -0.8
Negative news sentiment (-0.67)

Key Metrics

P/E (TTM)80.6
P/E (Fwd)37.0
Mkt Cap$95.8B
EV/EBITDA48.3
Profit Mgn21.2%
ROE20.7%
Rev Growth18.7%
Beta1.13
DividendNone
Rating analysts32

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C1.33bearish
IV54%elevated
Max Pain$180-48.0% vs spot

Concentration Risks(10-K Item 1A)

  • MEDIUMSuppliersingle or limited hardware component suppliers
    10-K Item 1A: 'We depend on a single supplier or a limited number of suppliers for certain hardware components and contract manufacturers for production of our hardware products, making us vulnerable to supply disruption and price fluctuation.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ps
0.0
Ev Ebitda
0.0
Pe
1.0
Forward Pe
2.9
Peg Ratio
3.4
Analyst Target
4.0
Forward P/E: 37.0xPEG: 3.44Expensive valuation

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
1.1
Rsi
5.5
Ma Position
9.0
Volume distribution (falling OBV)Above 200-day MA

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
0.6
Growth Rank
5.7
Quality Rank
7.8
Best-in-class margins
GatesMomentum 3.3<4.5A.R:R -0.1=NEGATIVEInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 72d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
58 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $309.60Resistance $365.01

Price Targets

$326
$358
A.Upside+3.3%
A.R:R-0.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (-1.6% upside)
! Momentum score 3.3/10 — below 4.5 minimum
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-27 (72d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CDNS stock a buy right now?

Sell if holding. Analyst target reached at $346.12 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Technology): -0.8. Chart setup: RSI 58 mid-range, Bollinger mid-band. Prior stop was $326.20. Score 5.4/10, moderate confidence.

What is the CDNS stock price target?

Take-profit target: $357.71 (+3.0% upside). Prior stop was $326.20. Stop-loss: $326.20.

What are the risks of investing in CDNS?

Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8; Negative news sentiment (-0.67).

Is CDNS overvalued or undervalued?

Cadence Design Systems, Inc. trades at a P/E of 80.6 (forward 37.0). TrendMatrix value score: 2.2/10. Verdict: Sell.

What do analysts say about CDNS?

32 analysts cover CDNS with a consensus score of 4.2/5. Average price target: $380.

What does Cadence Design Systems, Inc. do?Cadence Design Systems develops EDA software, accelerated hardware, and semiconductor IP used by chip and electronics...

Cadence Design Systems develops EDA software, accelerated hardware, and semiconductor IP used by chip and electronics companies. Total revenue was $5.297B in fiscal 2025, with 91% from product and maintenance (primarily time-based software licenses averaging 2-3 years) and 9% from services. Three product categories: Core EDA, Semiconductor IP, and System Design & Analysis.

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