Cadence

Cadence Stock Skyrockets on AI Chip Boom: CDNS Hits New Highs Amid Earnings Beat and $3B Deal

CDNS Stock Performance: Near Highs After Steady Climb Cadence’s stock has been on a steady upward trajectory throughout 2025, riding the broader tech wave. After starting the year around the high-$200s, CDNS surged over the summer amid the AI-driven market rally, peaking around $370 in July finviz.com. A mid-September pullback – triggered by Synopsys’s China-related warning – saw Cadence briefly dip into the low $330s finviz.com finviz.com, but the stock quickly rebounded. By late October, CDNS was trading near $350and hitting fresh multi-month highs ahead of earnings asktraders.com. In fact, the stock jumped ~6.6% in the five sessions leading up to the Q3 earnings release

27 October 2025

Cadence’s AI-Fueled Q3 Surprise: Earnings Beat, Big Deals, and Bold Forecasts Ignite CDNS Stock

Q3 Earnings Beat Expectations Cadence Design Systems delivered better-than-expected third-quarter results, showcasing resilient growth as the semiconductor design boom continues. Adjusted EPS jumped to $1.93, topping analyst forecasts of $1.79 uk.investing.com. Revenue for Q3 hit $1.34 billion, edging past the $1.32 B consensus and rising ~10% from $1.22 B in the year-ago quarter uk.investing.com. On a GAAP basis, net income was $287.1 million ($1.05 per share), up ~20% year-on-year nasdaq.com – reflecting solid operational gains even after accounting for acquisition costs. The company cited broad-based strength across its product lines (which span chip design software, IP, and hardware systems), as customers accelerated projects in

27 October 2025

Artificial Intelligence · Earnings Reports · Investing · Stock Market · Technology News