Cadence Design Systems, Inc. (CDNS) Stock Price & Analysis
Market: NASDAQ • Sector: Technology • Industry: Software - Application
Cadence Design Systems, Inc. (CDNS) Profile & Business Summary
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Key Information
| Ticker | CDNS |
|---|---|
| Exchange | NASDAQ |
| Official Site | https://www.cadence.com |
Market Trend Overview for CDNS
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-07-13 (ET)
As of 2026-07-13, CDNS is moving sideways with low volatility. Over the longer term, the trend remains bullish.
CDNS last closed at 377.92. The price is about 0.4 ATR below its recent average price (382.15), and the market is currently in a sideways market with low volatility. Price at 377.92 is moving between light support near 373.54 and minor resistance near 387.19. Direction remains unclear. View Support & Resistance from Options
Price is moving in a tight range. This often leads to a stronger move once the range breaks, increasing one-sided risk.
Trend score: 40 out of 100. Overall alignment is unclear. The market is currently in a sideways phase with tightening price movement. The longer-term trend is still positive, but short-term signals are not yet confirming it.
A key downside risk boundary is near 336.54. If price falls below this area, the current structure would likely weaken further.
On 2026-06-16, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.
[2026-07-13] Price moved quickly and looked strong, but participation was limited.Bearish signal near resistance (0.66 ATR away). Reversal risk is higher. Pattern is less clear, so strength is reduced.
Recent price movement appears increasingly driven by low-effort advances. Such hollow progression often reflects reduced participation and lower reliability of continuation.
There was no clear sign of meaningful positions being carried into the overnight session.
The model stays neutral because the setup is not clear enough to justify a directional deployment.
The model does not issue an actionable directional forecast. Predictability is 51%, agreement is 88%, and reversal risk is 16%.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is still very close to the recent estimated cost basis at 378.34, so the market remains near its recent average holding area. Price is above the main cost band (371.84 to 376.56), which keeps the recent structure constructive, although extension risk starts to matter more from here. The lower down support area sits around 367.12 to 368.41. Recent positioning looks fairly balanced, with 55% in profit and 45% under water. From a trading point of view, the main question is whether pullbacks remain controlled before price falls back into the lower support zone.