With a market cap of $102.9 billion, Cadence Design Systems, Inc. (CDNS) is a leading electronic design automation (EDA) software company that provides software, hardware, and intellectual property solutions used to design semiconductors, advanced packaging, and complex electronic systems. Its technologies are widely adopted by chipmakers, hyperscale cloud providers, automotive companies, aerospace and defense firms, and consumer electronics manufacturers to accelerate product development and AI-driven chip design. The company is headquartered in San Jose.
The company is expected to report its Q2 2026 earnings soon. Ahead of the event, analysts expect CDNS to deliver a profit of $1.62 per share, up 32.8% from $1.22 per share reported in the year-ago quarter. Moreover, it met or surpassed the consensus EPS estimates in each of the past four quarters.
