Cadence Design Systems, Inc. (CDNS) Beats Q4 Revenue and EPS Expectations, Stifel Reaffirms Buy

Cadence Design Systems, Inc. (NASDAQ:CDNS) ranks among the 12 Best Performing S&P 500 Stocks in the Last 10 Years.

Cadence Design Systems, Inc. (NASDAQ:CDNS) ranks among the best performing S&P 500 stocks in the last 10 years. Following the company’s fourth-quarter earnings, Stifel reaffirmed its Buy rating and $395 price target for Cadence Design Systems, Inc. (NASDAQ:CDNS) on February 18. In contrast to the consensus forecasts of $1.42 billion, 45.4% margin, and $1.91 per share, Cadence Design Systems revealed Q4 2025 revenue of $1.44 billion with a 45.8% margin and earnings per share of $1.99.

The company has $7.8 billion in backlog and $3.8 billion in ongoing performance commitments, accounting for roughly 64% of its fiscal 2026 guidance midpoint.

In contrast to the Street expectation of $8.05, Cadence Design Systems, Inc. (NASDAQ:CDNS) reported a fiscal 2026 adjusted EPS forecast of $8.10 at the midpoint. The anticipated Hexagon purchase, with an annual run rate of more than $150 million, is not included in the guidance. Stifel pointed out that the forecast takes second-half hardware visibility and China risk into consideration.

Cadence Design Systems, Inc. (NASDAQ:CDNS) is a leading player in electronic systems design. Utilizing its Intelligent System Design approach, the company provides a full range of hardware, IP, and computational software solutions.

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