Why Cadence Design Systems, Inc. (CDNS) stock moved
Updated Aug 25, 2026
Cadence Design Systems, Inc. (CDNS) shares fell 1.0% to $315.92 as of August 25, 2026, a slight decline from the prior close of $319.02. BestStocks flagged the session as a major change for CDNS. The move is tied to price move down. Below, we break down what changed for CDNS, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
CDNS fell 1.0% to $315.92
Cadence Design Systems, Inc. (CDNS) moved -2.08% from $330.01 to $323.13 on 2026-08-12. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The decline coincided with CDNS reaching a new 30-day low; volume remained near its 5-day average. Monitor CDNS earnings on 2026-10-26 for any guidance or results that could validate or reverse the recent downtrend.
This summary describes the catalyst and move as first detected on Aug 12, 2026, 4:40 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsWeak confidence
Rel. volume
0.8×
Below Avg
Vs peers
—
No comparable peers
Market cap
$87.0B
NASDAQ Global Select
Analyst target
$405
+28.1% vs price
Price chart
Jul 27 – Aug 25
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Cadence Design Systems, Inc. investors
For Cadence Design Systems, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum; Cadence Design Systems, Inc. (CDNS) moved +4.46% from $329.93 to $344.64 on 2026-07-21. Weighing against that: Material negative event; Negative session, down 1.0%. Wall Street's consensus price target sits at $404.56, implying +28.1% upside from $315.92. BestStocks rates the overall signal quality weak (30/100). With earnings roughly 62 days out, the next report is the most likely near-term test of the move.
CDNS price reaction
CDNS last traded at $315.92, down $3.10 (-0.97%) from the previous close of $319.02. The session traded on 0.8× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $313.59 and $344.72, and it currently sits about 7% of the way up that band.
Bullish and bearish analyst opinions on Cadence Design Systems, Inc. (CDNS)
The consensus analyst price target on Cadence Design Systems, Inc. (CDNS) is $404.56, 28.1% above the recent $315.92. Over the past 90 days analysts logged 0 upgrades, 8 maintains, and 0 downgrades. Here is how the bullish and bearish cases on CDNS line up.
▲ The bullish case
+Wall Street's consensus price target of $404.56 implies +28.1% upside from $315.92.
+The Street's most bullish target is $450.00 (+42.4%).
+Positive price momentum.
+Cadence Design Systems, Inc. (CDNS) moved +4.46% from $329.93 to $344.64 on 2026-07-21.
▼ The bearish case
−The most bearish analyst target is $300.00 (-5.0%).
−Material negative event.
−Negative session, down 1.0%.
−Cadence Design Systems, Inc. (CDNS) moved -1.84% from $371.50 to $364.65 on 2026-07-16.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 25, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Cadence Design Systems, Inc. (CDNS) moved -0.60% from $315.48 to $313.59 on 2026-08-20. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The stock reached a new 30-day low on below-average volume (0.8x the 5-day mean).
Material / Earnings2026-08-19-0.5%
Cadence Design Systems, Inc. (CDNS) moved −0.35% from $316.09 to $314.98 on 2026-08-19. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move reached a new 30-day low on volume near its 5-day average.
Material / Earnings2026-08-18-2.1%
Cadence Design Systems, Inc. (CDNS) moved -1.55% from $321.50 to $316.52 on 2026-08-18. We checked news, earnings announcements, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The decline occurred on below-average volume (0.8x the 5-day average) and took the stock to a new 30-day low.
Cadence Design Systems declined 2.08% to $325.00 amid a broader tech sector pullback driven by macro headwinds—rising oil prices, persistent inflation concerns, and investor skepticism over AI capital expenditure ROI—even as the company reported strong Q2 results ($1.58B revenue, $2.11 adjusted EPS) and raised full-year guidance on a record $8.1B order backlog (web_catalyst). The decline reflects sector-wide rotation away from high-growth software valuations rather than company-specific deterioration.
Material / Earnings2026-08-05-1.0%
Cadence Design Systems, Inc. (CDNS) moved -3.13% from $347.96 to $337.07 on 2026-08-05. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume traded near its 5-day average, suggesting the move was not driven by unusual trading activity.
Filings2026-07-29-3.5%
Cadence Design Systems, Inc. (CDNS) filed its 10-Q on 2026-07-29, disclosing second-quarter financial results and operational updates.
Material / Earnings2026-07-29-3.5%
Cadence Design Systems, Inc. (CDNS) moved -4.65% from $349.00 to $332.76 on 2026-07-29, two days after reporting Q2 FY2026 earnings that beat consensus EPS by 2.93% ($2.11 vs. $2.05 estimate on 2026-07-27).
Activity2026-07-28+1.8%
Cadence Design Systems filed both an earnings report and a material event (8-K) today, triggering elevated trading activity. The stock gained 3.64% to $350.93 on volume of 1.86M shares — 2.79x the expected level for this point in the session — suggesting investor response to the filings. The specific content of the 8-K was not disclosed in available sources.
Upcoming catalysts & outlook
Next earnings
2026-10-26 (est.)
in 62 days
10-Q Filing (est.)
2026-10-28
Medium impact
Thesis shift
Bearish Shift
bearish signal
Risk level
Low
from change events
Frequently asked questions about CDNS
Why did Cadence Design Systems, Inc. (CDNS) stock move?
CDNS fell 1.0% to $315.92. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did CDNS stock fall?
CDNS lost 0.97% ($3.10) versus the prior close of $319.02, last trading at $315.92 on 0.8× average volume.
When is Cadence Design Systems, Inc.'s next earnings date?
CDNS's next earnings report is estimated for 2026-10-26 — about 62 days away.
What is the analyst price target for CDNS?
The consensus analyst price target for CDNS is $404.56, about 28.1% above the current $315.92. Over the past 90 days, analysts recorded 0 upgrades, 8 maintains, and 0 downgrades.
How BestStocks tracks CDNS
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 16 tracked change events for CDNS, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 25, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
