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Cadence Design Systems Raises FY2026 Adj EPS Guidance from $7.85-$7.95 to $8.05-$8.15 vs $7.96 Est; Raises FY2026 Sales Guidance from $6.125B-$6.225B to $6.260B-$6.340B vs $6.207B Est

Jul 27, 2026, 8:03 PMBenzinga Newsdesk

Cadence Design Systems (NASDAQ:CDNS) raises FY2026 Adj EPS guidance from $7.85-$7.95 to $8.05-$8.15 vs $7.96 analyst estimate. Raises FY2026 sales outlook from $6.125 billion-$6.225 billion to $6.260 billion-$6.340

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Source: benzinga
Observed: Jul 27, 2026, 8:03 PM
Checked: Jul 27, 2026, 8:03 PM
Cadence: Captured once, then retained as an archive reference
Status: fresh

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B of A Securities Maintains Buy on Cadence Design Systems, Raises Price Target to $420
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Cadence Design Systems shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 guidance above estimates. Also, the company issued Q3 EPS guidance above estimates.
Read original at benzinga
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Cadence Design Systems Raises FY2026 Adj EPS Guidance from $7.85-$7.95 to $8.05-$8.15 vs $7.96 Est; Raises FY2026 Sales Guidance from $6.125B-$6.225B to $6.260B-$6.340B vs $6.207B Est

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Tower Semiconductor And OpenLight Announce Availability Of OpenLight’s Photonic Process Design Kit For Tower's PH18DAindium Phosphide Photonics In Cadence’s Electronic Design Automation Tools

Consumer Tech (July 27-31): AI Boom Drives Tech Earnings As Apple, Amazon Lead Markets & More

B of A Securities Maintains Buy on Cadence Design Systems, Raises Price Target to $420

Cadence Design Systems shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 guidance above estimates. Also, the company issued Q3 EPS guidance above estimates.