CDNS Cadence Design Systems, Inc.

$CDNS | Cadence Design Q326 Earnings: - Revenue: $1.63B (est $1.61B) - Adj EPS: $2.11 (est 2.05) - Q3 End Backlog: $8.2B - Sees Q4 Adj EPS $2.19 To $2.25 (est $2.02) - Sees FY Adj EPS $8.37 To $8.43 (saw $8.05 To $8.15) - Sees FY Revenue Between $6.39B To $6.42B (saw $6.2B To $6.34B)

$CDNS $SNPS I didn't sell a single share during this drop. The fractal captured it all. See you at the top.

CADENCE $CDNS Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.63B (Est. $1.61B) 🟢; +22% YoY 🔹 Adj. EPS: $2.11 (Est. $2.05) 🟢; +9% YoY 🔹 Non-GAAP Oper Margin: 44.1%; -350 bps YoY 🔹 Backlog: $8.2B FY26 Guide: 🔹 Revenue: $6.39B-$6.42B (Est. $6.32B) 🟢 🔹 Adj. EPS: $8.37-$8.43 (Est. $8.16) 🟢 🔹 Non-GAAP Oper Margin: 44.2%-45.2% Q4 Guide: 🔹 Adj. EPS: $2.19-$2.25 (Est. $2.03) 🟢 🔹 Non-GAAP Oper Margin: 44%-45% Product Revenue Growth: 🔹 Core EDA: +20% YoY 🔹 IP: +24% YoY 🔹 System Design & Analysis: +30% YoY Announcements: 🔹 Maestro: Launched a portfolio of domain-specialized AI models purpose-built for chip and system design 🔹 Hardware: another record quarter Other Q3 Metrics: 🔹 Next-12-Month RPO: $4.2B 🔹 Non-GAAP Net Income: $582.2M (Est. $566M) 🟢 🔹 GAAP EPS: $1.05; flat YoY 🔹 GAAP Operating Margin: 26.2%; -560 bps YoY Capital Return: 🔹 Share Repurchases: $400M 🔹 Additional Authorization: $2.5B

$CDNS closed today, Thursday 11/5 at 313.00 Mid -afternoon Tuesday 11/3 placed a day order to buy at 316.50. When the stock was at about 321.20 Cadence Design. $CDNS a component of $SMH

$CDNS Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $2.11 up 9.33% YoY • Reported revenue of $1.63B up 21.99% YoY • Cadence raised FY 2026 revenue outlook for the third time this year to $6.39B$6.42B, with GAAP EPS of $4.84$4.90, non-GAAP EPS of $8.37$8.43, and non-GAAP operating margin of 44.2%45.2%.

$CDNS Cadence reports Monday after the close. Zacks consensus is 2.04 dollars of EPS, up 5.7% year over year, on 1.61 billion dollars of revenue, up 20.3%. That consensus is basically the guidance midpoint too. Cadence guided 2.01 to 2.07 dollars and 1.595 to 1.625 billion dollars, and it has beaten consensus in each of the last four quarters, by 4.94% on average. The margin guide is lower though, 43.5% to 44.5% vs 47.6% a year ago. Backlog was a record 8.1 billion dollars at the end of Q2, shares are still down 7% over the past six months.

$CDNS Socionext are collaborating to use artificial intelligence for the physical design of large-scale systems-on-chips, Socionext said Tuesday. As physical design for large-scale SoCs becomes more and more complex, effectively integrating AI agents with advanced tools and design flows is important to addressing these challenges. The collaboration between Cadence and Socionext is applying AI-driven design to the physical design of a large-scale 3nm SoC, Socionext said.

$CDNS design software gets paid when chips move toward tape out. seems like a library of started designs is not volume, and a design paused at the gate still used the tool but will not ship a unit

$CDNS chip design tools get paid when everyone is designing. seems like if half the ai chip projects were vanity bets funded by cheap money, the tool bill shrinks with the ego

$CDNS design software looks recurring until chip starts get cut. seems like nobody pays to design the next ai chip when the last one has not paid for itself yet, and starts are the first quiet cut

Watchlist Both bullish on the daily, but the data says "wait." $CDNS +1.78%: Above 50/200 MA, testing resistance $330. Signal 2/10, win rate 0%. 0 buys, 2 sells. Officer departure, Hold downgrade. Raised guidance but margins contracting. $NEM +9.90%: Strong bullish trend, hit $130, pulled back to $118. Signal 5/10. 0 buys, 5 sells. CEO sold $19.4M. Record Q3 profit, but insiders taking profits.

$CDNS I guess bc this was flat yesterday it’s getting nailed today. Algos must’ve forgotten lol.

$CDNS Q3 revenue 1.633 billion vs 1.339 billion (+22%). Non-GAAP operating margin 44.1% vs 47.6%, yet non-GAAP operating income still grew about 13%. GAAP operating income was flat, 428.7 vs 425.4 million, as amortization of acquired intangibles rose to 4.9% of revenue from 1.9%. Record 8.2 billion backlog, 4.2 billion of it expected as revenue in the next 12 months, and the Q4 guide keeps non-GAAP margin at 44 to 45%. On the House record: Rep. Kevin Hern reported two partial CDNS sales by the Hern Family Foundation (joint), Sep 2 and Sep 14, 15,001 to 50,000 dollars each (PTR 20035491). Filings show trades, not reasons. Is 44% the new run rate, or does it rebuild as the acquisitions scale?

🔴 $CDNS 300P Jan 15 💰 $4,740,000 premium 💵 $0/contract 📊 27.23x Vol/OI 📍 Spot $347.04 💰 Large premium | 🔥 27.23x Vol/OI | 🚨 Repeat sweep 🌊 Dark Flow | Options Flow

$CDNS Price: $336.25 Volume: Average or below Catalyst: Market digesting recent AI-driven chip design demand commentary ahead of next earnings report. Resistance: $350 Support: $320 Bull case: Reclaiming $340 on rising volume could fuel a retest of all-time highs near $350. Bear case: Failure to hold $320 support may open the door to a deeper pullback toward $305. What I'm watching: Watching for a volume surge to confirm direction out of this tight consolidation range. Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to check out the link in my bio:

$CDNS The recent drop from the credit distress in the neoclouds is ridiculous. Neoclouds rely almost entirely on NVIDIA GPU architectures. EDA tools like CDNS and SNPS target hyperscalers, who are set to be the biggest winners. Opportunity.

Cadence Design Systems reported strong Q3 2026 results, beating expectations on earnings and revenue while raising its full-year outlook. Adjusted EPS reached $2.11 versus the $2.04 consensus, while revenue rose 22% year over year to $1.63 billion, exceeding estimates of $1.61 billion. CEO Anirudh Devgan cited broad business momentum, expanding technology leadership and record backlog as the company raised its 2026 revenue growth forecast to 21% year over year. Cadence also unveiled its Maestro AI Model Portfolio, developed with Nvidia, featuring specialized AI models for semiconductor and systems design that deliver up to 30% better quality and five times greater token efficiency versus general-purpose base models. Backlog reached a record $8.2 billion, including $4.2 billion expected to be recognized over the next 12 months, while the board authorized an additional $2.5 billion in share repurchases. $CDNS

$CDNS People are chasing cybersecurity but not chip design company. There are only 2 with significant market share . These are fabric of next generation compute AI/AGI/SI

$CDNS Cadence Q3 revenue was 1.633 billion dollars, up 22% year over year, with non-GAAP EPS of 2.11 dollars. Backlog hit a record 8.2 billion dollars and they raised the full year guide to about 6.40 billion dollars of revenue and 8.40 dollars of non-GAAP EPS. Growth was pretty broad too. Core EDA up 20%, IP up 24%, System Design and Analysis up 30%. GAAP operating margin fell to 26.2% from 31.8% though, so the growth is coming with a heavier cost base.

$CDNS Chip design software is having a moment. Cadence's Q3 revenue came in at $1.633 billion, up 22% from a year ago, backlog hit a record $8.2 billion, and it raised its 2026 revenue growth outlook to 21%. The board also tacked another $2.5 billion onto the buyback.