Cadence Design Systems, Inc. (CDNS) Presents at UBS Global Technology and AI Conference 2025 Transcript
Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.
Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cadence Design Systems is a market leader in AI and digital twin technology, driving strong demand across automotive, computing, and communications sectors. CDNS reported a robust FQ3 2025, with double-digit revenue and EPS growth, record $7B backlog, and expanding margins, supporting premium valuation. Despite a forward P/E of 48, CDNS's rapid growth, high margins, and financial flexibility justify a Buy rating and a $386 price target (14% upside).
CDNS' third-quarter earnings beat estimates as AI-fueled demand and record $7 billion backlog drive strong growth momentum.
Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Evaluate Cadence's (CDNS) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Cadence Design Systems NASDAQ: CDNS is a dominant player in a vital part of the semiconductor industry. It provides electronic design automation (EDA) software, which is critical for designing semiconductors.
Cadence Design Systems is initiated at a buy rating, supported by robust demand, expanding margins, and strong AI-driven tailwinds. CDNS reported record backlog, accelerating profitability, and a classic beat-and-raise quarter, highlighting solid fundamentals and business momentum. A strategic $3.1B acquisition of Hexagon AB's design unit broadens CDNS's technology scope and customer base, enhancing long-term growth prospects.
CDNS' strong third-quarter results and upgraded 2025 outlook highlight growing AI-driven demand and solid momentum across EDA and system design segments.
Cadence Design Systems (NASDAQ: CDNS) delivered a decisive beat on both earnings and revenue in Q3, raising full-year guidance and signaling momentum that investors rewarded immediately.
Cadence Design Systems (CDNS) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.64 per share a year ago.