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CDNS

Cadence Design Systems Inc

OPPORTUNISTIC BUY 2026-10-04 Data 8 days old USD 351.35 Technology - Software - ApplicationAWAIT ENTRY
ACTIONABLEMethodology gates passed
51

Position levels

Currenttoday
USD 351.35
Buy <=wait / entry
USD 296.67
Trim >=take some off
USD 370.00
Thesis breakA guide-down at the next quarterly print that resets full-year 2026 EPS below $8...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case17%100 / 10017.0
Base case49%62 / 10030.4
Bear case34%10 / 1003.4
Weighted conviction51 / 100 - OPPORTUNISTIC BUY

Top risks

  • Expanded partnership with TSMC to deliver advanced capabilities for AI and HPC designers
  • Raised earnings guidance for year ending December 31 2026 and record $8.1B backlog
  • Expected operating margin increase of 100 bps to 44.75%
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.