Cadence Design Systems Inc expected to post earnings of $2.05 a share - Earnings Preview

Cadence Design Systems

24/07/2026 22:04

Cadence Design Systems Inc CDNS.OQ CDNS.O is expected to  show a rise in quarterly revenue when it reports  results on July 27 for the period ending June 30 2026
The San Jose California-based  company is expected to report a 23.6% increase in revenue to $1.577 billion from $1.28 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.The company's guidance on April 27 2026, for the period ended June 30, was for revenue between $1.56 billion and $1.60 billion.
​LSEG's mean analyst estimate for Cadence Design Systems Inc is for earnings of $2.05 per share. The company's EPS guidance on April 27 2026, for the period ended June 30, was between $2.02 and $2.08 
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."  
The mean earnings estimate of analysts was unchanged in the last three months. ​
Wall Street's median 12-month price target for Cadence Design Systems Inc is $400.00, about 21% above its last closing price of $330.46
Previous quarterly performance (using preferred earnings measure in US dollars). ​
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE 
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2026
1.89
1.90
1.96
Beat
3.2
Dec. 31 2026
1.92
1.91
1.99
Beat
4
Sep. 30 2025
1.79
1.79
1.93
Beat
8​
Jun. 30 2025
1.52
1.55
1.65
Beat
6.1
​​Mar. 31 2025
1.49
1.49
1.57
Beat
5.3
Dec. 31 2024
1.82
1.82
1.88
Beat
3.3​
Sep. 30 2024
1.44
1.44
1.64
Beat
13.8
Jun. 30 2024
1.23
1.22
1.28
Beat
4.6
This summary was machine generated July 24 at 21:04 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)