Cadence Design Systems Inc
CDNS: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@# | LOCK|>w | LOCK|vmQjDs! |
Cadence Earnings: Full-Year Guidance Raised as Core Software Accelerates
Cadence Design Systems' third-quarter revenue rose 22% year over year to $1.63 billion, just above guidance. The bigger news: management raised its 2026 revenue guide by about $100 million, roughly 4 times the quarter's beat, and guided fourth-quarter sales about 5% above our prior forecast.
