Stocks / CDNS
CDNS stock forecast
CADENCE DESIGN SYSTEMS INC · Technology · Software - Application
The model's rating
Greatly Underperform
CDNS is rated Greatly Underperform as of September 29, 2026: its medium-term return forecast is in the bottom fifth of the stocks the model scores.
Changed from Underperform on September 28, 2026.
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CDNS is not among the 20 largest holdings published for 2026 Q4. See the portfolio
CDNS against the S&P 500
| Period | CDNS | S&P 500 (SPY) |
|---|---|---|
| 1 month | -2.5% | -0.3% |
| 3 months | -12.6% | +2.5% |
| Year to date | +5.6% | +12.7% |
| 1 year | -6.0% | +15.7% |
Total return, dividends included.
Key numbers
| Price | $330.19 |
| Market cap | 90.93 Billion |
| P/E (trailing 12 months) | 65.1 |
| P/S (trailing 12 months) | 15.6 |
| P/B (latest quarter) | 13.4 |
| Gross margin | 85.9% |
| Net profit margin | 23.6% |
| Return on equity | 22.9% |
| Beta | 1.6 |
As of July 29, 2026.
CDNS and its closest peers
| Stock | Company | Market cap | Model rating | |
|---|---|---|---|---|
| APP | APPLOVIN CORP | 97.19 Billion | Outperform | APP vs CDNS |
| DDOG | DATADOG INC | 98.33 Billion | Underperform | DDOG vs CDNS |
| INTU | INTUIT INC | 73.68 Billion | Greatly Outperform | CDNS vs INTU |
| WDAY | WORKDAY INC | 45.9 Billion | Greatly Outperform | |
| ADSK | AUTODESK INC | 43.68 Billion | Outperform | |
| NOW | SERVICENOW INC | 138.57 Billion | Greatly Outperform |
Questions
What does the Upfront Investment model say about CDNS?
The model rates CADENCE DESIGN SYSTEMS INC (CDNS) "Greatly Underperform" as of September 29, 2026, which means its medium-term return forecast is in the bottom fifth of the stocks the model scores. The rating is a statistical forecast, not a recommendation to buy or sell.
How is the CDNS rating produced?
A machine-learning model forecasts each stock's return over the coming months and ranks the forecasts against each other. The label says where this stock's forecast falls in that ranking. It is refreshed whenever the model's data updates, normally every trading day.
Is CDNS in the Upfront Investment model portfolio?
CDNS is not among the 20 largest holdings published for 2026 Q4.
The rating is the output of a statistical model and can be wrong. It is not investment advice and takes no account of your circumstances. Past performance does not guarantee future results.