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With a market cap of $77.4 billion, Cadence Design Systems, Inc. (CDNS) develops computational and AI-driven software, hardware, and silicon intellectual property solutions for designing and verifying electronic systems and semiconductors. It offers a broad portfolio spanning chip design, system analysis, and advanced simulation, and collaborates strategically with NVIDIA.
The San Jose, California-based company is slated to announce its fiscal Q1 2026 results soon. Ahead of the release, analysts predict CDNA to report EPS of $1.52, an increase of 27.7% from $1.19 in the year-ago quarter. It has exceeded or met Wall Street's earnings expectations in the past four quarters.
