Pre-market · Regular session opens 9:30 AM ET
Last update: Jun 30, 2026, 3:54 AM ET
Cadence Design Systems, Inc. (CDNS) — What Changed
$372.72-4.55 (-1.21%) vs yesterday's close
Jun 30, 2026 4:56 AM ET·NASDAQ Global Select·Pre-market·CEO: Anirudh Devgan·12,837 employees
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (…
🔔Material Change Detected
Price Move
-1.21%
1-Day Change
Volume Confirmation
1.08x
vs 30D Average
Catalyst
Filings
Filings
Peer Context
In Line With Peers
No peer data
Signal Quality
Low
Confidence Score
46/100
BestStocks surfaces only meaningful changes—backed by price, volume, catalysts, and peer context—so you can focus on what matters.
1. What Changed Since Last Close
F›
New FilingMediumMedium
May 12
Cadence Design Systems (CDNS) filed a new 8-K on 2026-05-12 with no price movement detected on that date.
Showing 1 of 1 events
2. Change Timeline
| Date | Change | Price Reaction | Volume | Confidence ↓ |
|---|---|---|---|---|
| May 12 | FNew Filing | — | — | Medium |
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3. Why It Moved
1
Primary Catalyst
Filings
Cadence Design Systems (CDNS) filed a new 8-K on 2026-05-12 with no price moveme
2
Supporting Evidence
No supporting signals detected.
3
Nature of Move
Sector-Wide Move
CDNS moved broadly in line with sector peers — consistent with a sector or macro-driven event.
4. Peer / Sector Confirmation
| Symbol | Today | 5D | Rel. Vol | |
|---|---|---|---|---|
| CDNS | -1.21% | — | 1.08x |
Sector-Wide Move. No peer data. CDNS moved broadly in line with sector peers — consistent with a sector or macro event.
5. SEC Filing Watch
May 12High
Material event — review for impact
May 1Medium
Quarterly financial results
Apr 27High
Material event — review for impact
Mar 25Low
Annual proxy — exec compensation & governance
View on SEC EDGAR →Source: filing_snapshots DB · past 120 days
6. Analyst Expectations
Consensus Target
$412.83
Median Target
$425.00
Upside to Target
+10.8%
vs $372.72
Analyst Activity — Last 90 Days
0
Upgrades
11
Maintains
0
Downgrades
Last Directional Actions
↑ Upgrade
Rosenblatt · Neutral → Buy
Feb 18, 2026
↓ Downgrade
Piper Sandler · Overweight → Neutral
Jul 29, 2025
7. Bull vs Bear Thesis Shift
Bullish Factors
No bullish signals in current analysis window.
Bearish Factors
✕Negative session, down 1.2%
✕New SEC filing — review for material disclosures
Net Thesis Change vs Yesterday
BearishNeutralBullish
Neutral / Mixed-13 / 100
8. What To Watch Next
| Date | Event | Impact | |
|---|---|---|---|
| Jul 27 | Earnings Release | High | |
| Jul 31est. | 10-Q Filing | Medium |
est. = estimated from prior filing cycle
🔔
9. Set Alerts & Get Notified
Get notified when CDNS reports earnings, files an 8-K, receives an analyst upgrade, or sees unusual volume.
✓ Earnings alerts
✓ Filing alerts
✓ Volume spikes
✓ Analyst actions