CDNS

Cadence Design Systems, Inc.

October 1, 2026 · market open

Rarity
1.55
Peak move
+7.32%
Float cap
$89.4B

Cadence Design Systems develops computational, AI-driven software, accelerated hardware, and silicon intellectual property products and solutions. It serves semiconductor companies that design and manufacture integrated circuits and systems companies that design and manufacture electromechanical systems containing semiconductors and other electronics. Its offerings support electronic design, verification, semiconductor IP, and system design and analysis.

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What we found

4 events · 0 from SEC or newswire · 0 timed with the move
  • product_launch

    Cadence Design Systems' Tensilica IP Group and Analog Devices collaborated to develop the latest generation of SHARC automotive audio processors, extending Cadence's audio DSP IP into ADI's next-generation architecture.

  • product_launch

    Cadence announced a broad collaboration with Samsung Foundry covering Cadence.AI digital and analog tools optimized for Samsung's SF2 gate-all-around (GAA) node and 3D-IC/multi-die integration, plus memory and interface IP for next-generation AI designs.

  • major_contract

    Cadence announced an expanded partnership with TSMC, with its digital, signoff and custom/analog flows certified for TSMC's A16, A14 and N2P processes, plus silicon-proven UALink IP on N3P, UCIe-64G taped out on A14, and 3DFabric support for wafer-scale 3D-IC systems.

  • analyst_rating

    FBN Securities analyst Shebly Seyrafi initiated coverage of Cadence Design Systems with an Outperform rating and a $375 price target, citing roughly 80% recurring software revenue and a record $8.1 billion backlog.