CDNS · News · 20260804N

Guidance / Outlook

CADENCE DESIGN SYSTEMS INC · 2026-08-04 · Importance 85 · Surprise 76

Third-party reporting states that Cadence raised its full-year 2026 revenue-growth target to 19%. The updated outlook followed second-quarter 2026 results and reflects management’s stronger forward view. The company was also reported to have a record $8.1 billion backlog, supporting visibility into future revenue. The reported growth target exceeds the materiality threshold and represents a forward-looking change in expectations.

Key facts

• Insiders sold 140,557 shares worth approximately $54.6 million over the past 90 days. source
• Young Sohn made a charitable gift of 9 shares of common stock on July 30, 2026, reported at $0.00 per share, and following this gift directly owns 15,243 shares of CDNS common stock. source