Cadence Design Systems (CDNS) stock rises on Q4 2025 Earnings

Cadence Design Systems (CDNS) — Q4 2025 highlights:

Revenue: $1.44 billion (+6.2% year over year).

Gross profit: $1.25 billion (+10.2% year over year).

Operating income: $463.3 million (+1.4% year over year).

Net income attributable to common shareholders: $388.1 million (+14.1% year over year).

Diluted earnings per share: $1.42 (+14.5% year over year).

Cash flow and balance sheet:

Operating cash flow: $553.5 million (+25.4% year over year).

Purchases of property, plant and equipment: $41.0 million (+10.3% year over year).

Cash and cash equivalents: $3.00 billion (+13.5% year over year).

Total liabilities: $4.68 billion (+8.8% year over year).

Other items:

Cost of sales: $188.8 million (down 14.2% year over year).

Consensus estimates vs. results: EPS estimate $1.95, revenue estimate $1.45 billion.

Stock price change since market close: 3.55%.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Cadence Design Systems Inc. Insider Trading Activity

Cadence Design Systems Inc. insiders have traded $CDNS stock on the open market 48 times in the past 6 months. Of those trades, 0 have been purchases and 48 have been sales.

Here’s a breakdown of recent trading of $CDNS stock by insiders over the last 6 months:

JOHN M WALL (Sr. VP & CFO) has made 0 purchases and 10 sales selling 35,305 shares for an estimated $11,476,442.
ANIRUDH DEVGAN (President and CEO) has made 0 purchases and 7 sales selling 25,550 shares for an estimated $8,619,279.
CHIN-CHI TENG (Sr. Vice President) has made 0 purchases and 3 sales selling 18,096 shares for an estimated $5,914,007.
PAUL CUNNINGHAM (Sr. Vice President) has made 0 purchases and 6 sales selling 6,000 shares for an estimated $1,955,910.
PAUL SCANNELL (Sr. Vice President) has made 0 purchases and 2 sales selling 5,490 shares for an estimated $1,863,494.
ITA M BRENNAN has made 0 purchases and 20 sales selling 360 shares for an estimated $120,959.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Cadence Design Systems Inc. Hedge Fund Activity

We have seen 704 institutional investors add shares of Cadence Design Systems Inc. stock to their portfolio, and 702 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 11,429,245 shares (-75.5%) from their portfolio in Q4 2025, for an estimated $3,572,553,402
BLACKROCK, INC. removed 2,686,173 shares (-9.3%) from their portfolio in Q4 2025, for an estimated $839,643,956
AXA S.A. removed 1,057,706 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $371,529,809
JENNISON ASSOCIATES LLC removed 1,016,098 shares (-11.6%) from their portfolio in Q4 2025, for an estimated $317,611,912
FRANKLIN RESOURCES INC removed 860,775 shares (-21.8%) from their portfolio in Q4 2025, for an estimated $269,061,049
BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 760,556 shares (+240.8%) to their portfolio in Q4 2025, for an estimated $237,734,594
PRICE T ROWE ASSOCIATES INC /MD/ removed 708,193 shares (-43.7%) from their portfolio in Q4 2025, for an estimated $221,366,967

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Cadence Design Systems Inc. Government Contracts

We have seen $1,641,976 of award payments to $CDNS over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

DMEA SOFTWARE MAINTENANCE 2025 CADENCE: $271,640
FY25 FIDELITY POINTWISE RENEWAL: $179,256
CADENCE SOFTWARE SUPPORT AND MAINTENANCE: $175,333
LARC FY25 POINTWISE CENTER CONSOLIDATED RENEWAL: $139,560
ANSA RENEWAL: $118,745

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

Cadence Design Systems Inc. Congressional Stock Trading

Members of Congress have traded $CDNS stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $CDNS stock by members of Congress over the last 6 months:

REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Cadence Design Systems Inc. Analyst Ratings

Wall Street analysts have issued reports on $CDNS in the last several months. We have seen 5 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 12/22/2025
Citigroup issued a "Buy" rating on 11/24/2025
Wells Fargo issued a "Overweight" rating on 10/28/2025
Baird issued a "Outperform" rating on 10/28/2025
JP Morgan issued a "Overweight" rating on 10/28/2025
Oppenheimer issued a "Underperform" rating on 10/28/2025

To track analyst ratings and price targets for Cadence Design Systems Inc., check out Quiver Quantitative's $CDNS forecast page.

Cadence Design Systems Inc. Price Targets

Multiple analysts have issued price targets for $CDNS recently. We have seen 7 analysts offer price targets for $CDNS in the last 6 months, with a median target of $390.0.

Here are some recent targets:

Blair Abernethy from Rosenblatt set a target price of $335.0 on 02/17/2026
Charles Shi from Needham set a target price of $390.0 on 12/22/2025
Kelsey Chia from Citigroup set a target price of $385.0 on 11/24/2025
Joe Vruwink from Baird set a target price of $418.0 on 10/28/2025
Harlan Sur from JP Morgan set a target price of $405.0 on 10/28/2025
Edward Yang from Oppenheimer set a target price of $225.0 on 10/28/2025
Joe Quatrochi from Wells Fargo set a target price of $410.0 on 10/28/2025