Cadence Design Systems stock: Cadence raises 2026 outlook, falls 0.48 percent pre-market
Published on 10/27/2026 at 07:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCadence updates its outlook
- Cadence raised its 2026 revenue-growth outlook to 21 percent on October 26, 2026.
- Third-quarter revenue reached USD 1.633 billion on October 26, 2026.
- Cadence Design Systems stock trades pre-market at EUR 294.28 at 7:52 a.m. CET at Lang & Schwarz on October 27, 2026, 0.48 percent below the Xetra close of October 26, 2026.
On October 26, 2026, Cadence Design Systems raised its 2026 revenue-growth outlook to 21 percent as it reported third-quarter results, according to the company’s investor-relations release. Cadence Design Systems stock trades pre-market at EUR 294.28 at 7:52 a.m. CET at Lang & Schwarz on October 27, 2026, 0.48 percent below the Xetra close of October 26, 2026 (EUR 295.70).
Results and outlook
Cadence reported third-quarter revenue of USD 1.633 billion, up from USD 1.339 billion in the year-earlier quarter. GAAP diluted earnings per share were USD 1.05, while non-GAAP diluted earnings per share were USD 2.11, compared with USD 1.93 a year earlier. The company’s 2026 revenue outlook is USD 6.387 billion to USD 6.417 billion, and its board authorized an additional USD 2.5 billion for share repurchases, the company release said.
Ahead of the Xetra open
The pre-market indication is EUR 1.42 below the Xetra close. The further course from the Xetra open at 9:00 a.m. CET is shown by the continuously updated real-time quote of Cadence Design Systems stock.
How Cadence makes its money
Cadence earns revenue from computational software, hardware and intellectual property used by semiconductor and systems companies to design products from chips to complete electromechanical systems, according to its company release. The release said the company’s third-quarter webcast was scheduled for October 26, 2026.
Market context: Market report S&P 500.
