CDNS

Cadence Design Systems expects Q3 2026 revenues of $1.595-$1.625 billion and non-GAAP EPS of $2.01-$2.07, driven by strong AI demand and agentic AI adoption. The company benefits from robust backlog of $8.1 billion and expanding partnerships with tech giants, though macro uncertainty and U.S.-China tensions pose risks. Stock has underperformed its industry by 23.6% over the past six months.

A comparison of Progress Software (PRGS) and Cadence Design Systems (CDNS) reveals that PRGS presents a better value opportunity for investors. PRGS holds a Zacks Rank #1 (Strong Buy) with a forward P/E of 7.09 and Value grade of B, while CDNS has a Zacks Rank #2 (Buy) with a forward P/E of 40.06 and Value grade of F. PRGS's superior valuation metrics across P/E, PEG, and P/B ratios make it the more attractive option for value investors.

Keysight Technologies introduced the FITS-16CH digital-layer error performance validation system with doubled channel capacity for testing optical and copper interconnects in data centers, supporting 800G and emerging 1.6T technologies with automated tuning capabilities. Viavi Solutions strengthened its testing solutions for AI infrastructure and next-generation wireless networks with the CyberFlood CF50 platform.

Vistance Networks advanced broadband networking with Comcast field trials of its next-generation DOCSIS 4.0 node platform. Cadence Design Systems enhanced its AI-based chip design solutions through ChipStack AI platform upgrades and collaboration with TSMC.

A $1,000 investment in Cadence Design Systems (CDNS) made 10 years ago would be worth $12,388.46 as of October 21, 2026, representing a gain of 1,138.85%. This significantly outperforms the S&P 500's 260.17% return and gold's 213.61% return over the same period. Analysts expect continued upside driven by AI-driven automation, new product launches, and strong backlog, though competition and international market reliance remain concerns.

Cadence Design Systems (CDNS) closed down 1.95% at $319.52, underperforming the S&P 500's 0.28% gain. The company is expected to report Q3 earnings on October 26, 2026, with projected EPS of $2.04 (up 5.7% YoY) and revenue of $1.61 billion (up 20.27% YoY). CDNS holds a Zacks Rank #2 (Buy) rating with a Forward P/E of 40.06, trading at a premium to its industry average.

Cadence Design Systems (CDNS) outperformed the broader market on October 19, 2026, gaining 1.93% to close at $325.68. The company is expected to report earnings on October 26, 2026, with projected EPS of $2.04 (up 5.7% YoY) and revenue of $1.61 billion (up 20.27% YoY). CDNS holds a Zacks Rank #2 (Buy) rating, though it trades at a premium valuation with a Forward P/E of 39.28 compared to its industry average of 16.4.

Cadence Design Systems (CDNS) is recommended as an attractive growth stock based on its strong earnings growth of 13.9% (above industry average of 11.9%), robust cash flow growth of 20.6% (vs. industry average of 9.1%), and positive earnings estimate revisions. The company holds a Zacks Rank #2 (Buy) and Growth Score of B, positioning it well for outperformance among growth investors.

Cadence Design Systems is expected to report Q3 2026 earnings of $2.04 per share (up 5.7% YoY) with revenues of $1.61 billion (up 20.3% YoY) on October 26. The company has a positive Earnings ESP of +0.56% combined with a Zacks Rank #2 (Buy), suggesting a likely earnings beat. Cadence has beaten consensus EPS estimates in all four of the last quarters.

Cadence Design Systems (CDNS) has gained 17.7% over the past four weeks and Wall Street analysts project a potential 25% upside with a mean price target of $411.86. The stock holds a Zacks Rank #2 (Buy) rating, supported by positive earnings estimate revisions, though the article cautions that price targets alone should not be the sole basis for investment decisions.

Cadence Design Systems (CDNS) declined 1.25% on October 12, 2026, underperforming the S&P 500's 0.06% loss. Despite the daily decline, the stock has surged 21.93% over the past month.

The company is expected to report Q3 earnings on October 26, 2026, with consensus estimates projecting EPS of $2.04 (up 5.7% YoY) and revenue of $1.61 billion (up 20.27% YoY). CDNS holds a Zacks Rank #2 (Buy) rating, though its Forward P/E of 43.38 significantly exceeds the industry average of 16.72.

Cadence Design Systems (CDNS) has gained 21.9% over the past month, significantly outperforming the S&P 500's 2.4% gain. The company shows strong fundamentals with expected earnings growth of 13.9% for the current fiscal year and 16.3% for the next fiscal year, along with robust revenue growth projections of 19.3% and 13.2% respectively.

The stock has earned a Zacks Rank #2 (Buy) rating based on positive earnings estimate revisions. However, the company is trading at a premium valuation relative to peers, receiving an F grade on the Zacks Value Style Score.

Cadence Design Systems (CDNS), a hardware and software maker for chip design validation, has demonstrated a consistent pattern of beating earnings estimates over the last two quarters with an average surprise of 3.59%. The company holds a Zacks Rank #2 (Buy) rating with a positive Earnings ESP of +0.56%, suggesting another potential earnings beat ahead of its October 26, 2026 report. Stocks combining positive Earnings ESP with a Zacks Rank #3 or better historically beat consensus estimates nearly 70% of the time.

The article explains how investors can use the Zacks Earnings ESP (Expected Surprise Prediction) filter to identify stocks likely to beat earnings estimates. It highlights that positive ESP combined with strong Zacks Rank ratings has historically produced 28% annual returns. Two tech stocks are featured as examples: Cadence Design Systems (CDNS) with a #2 Buy rating and +0.56% ESP ahead of October 26 earnings, and Adobe Systems (ADBE) with a #3 Hold rating and +0.08% ESP before December 9 earnings.

Cadence Design Systems (CDNS) rose 1.72% to $359.55, outpacing the S&P 500's 0.58% gain. The chip design software maker has surged 20.76% over the past month.

The company is expected to report Q3 2026 earnings of $2.04 per share (5.7% YoY growth) and revenue of $1.61 billion (20.23% increase) on October 26, 2026. Full-year projections show earnings of $8.13 per share and revenue of $6.32 billion. CDNS holds a Zacks Rank #2 (Buy) rating, though its Forward P/E of 43.49 trades at a premium to its industry average of 16.67.

A $1,000 investment in Cadence Design Systems (CDNS) made in October 2016 would be worth $13,762.24 as of October 5, 2026, representing a 1,276.22% gain. The company benefits from AI-driven automation and higher design complexity, with management expecting 2026 revenues of $6.26-$6.34 billion. However, competition in the EDA space and reliance on international markets remain concerns.

Cadence Design Systems (CDNS) is recommended as an attractive growth stock due to its strong earnings growth of 13.8% (above industry average of 11.9%), robust cash flow growth of 20.6% (vs. industry average of 9.6%), and positive earnings estimate revisions. The company holds a Growth Score of B and Zacks Rank #2 (Buy), positioning it as a potential outperformer for growth investors.

Cadence Design Systems (CDNS) has been heavily searched by investors. The stock has underperformed the S&P 500 over the past month (-3.6% vs +1%).

However, the company shows strong fundamentals with expected earnings growth of +13.7% for the current fiscal year and +16.1% for the next fiscal year, along with robust revenue growth forecasts of +19.2% and +12.9% respectively. The company has consistently beaten consensus estimates over the trailing four quarters.

Despite these positives, CDNS is rated as overvalued (Value Style Score: F) relative to peers. The stock carries a Zacks Rank #2 (Buy) rating, suggesting potential near-term outperformance.

CoStar Group is set to report Q3 2026 results on Oct. 27, with expected revenues between $935-945 million (13% YoY growth) and adjusted EPS of 31-34 cents. The company's Commercial and Residential segments are expected to benefit from strong platform adoption and marketplace growth, though results may be pressured by declining Ten-X transaction revenues, Homes.com sales-force restructuring, and pricing pressures at Apartments.com. The Zacks model does not predict an earnings beat with a 0.00% Earnings ESP and Rank #2.

F5 Inc. is scheduled to report Q4 fiscal 2026 results on Oct. 27, projecting revenues of $870-$890 million (9% growth) and non-GAAP EPS of $4.14-$4.26. While the company benefits from data center expansion, AI workloads, and infrastructure modernization demand, an Earnings ESP of 0.00% and Zacks Rank #3 suggest no likely earnings beat. Headwinds include slower perpetual software license growth, macroeconomic uncertainty, and integration costs.