InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$319.51

2026-10-16

Market Cap

$88.0B

Volume

2.5M

52-Wk High

$416.69

52-Wk Low

$262.75

Trailing PE

63.1

P/S

15.07

Gross Margin

85.9%

Net Margin

23.6%

ROE

23%

ROIC

13%

Piotroski

4/9

Altman Z

12.2

1-Yr Return

-1.5%

5-Yr Return

+364.5%

Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.

SectorTechnologyIndustrySoftware - ApplicationExchangeNASDAQMarket Cap$88.0BEmployees13,800 (SEC-filed)CEOAnirudh DevganIPO1987-06-10CountryUS

Building 5, San Jose, CA 95134 · Tel 408 943 1234 · cadence.com

INSIDERSTREET SCORE76 / 100Street mean $377.33 (6 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALROUTINE SELLING — LOW SIGNAL$78M sold / 6 mo, zero open-market buys

1 Year vs S&P 500 · CDNS -1.5% · S&P 500 +15.9% · spread -17.3pp

7 Years vs S&P 500 · CDNS +364.5% · S&P 500 +189.9% · spread +174.6pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE76of 100

Score Breakdown

Profitability	87/100
Growth	70/100
Momentum	94/100
Quality	87/100
Earnings Quality	73/100
Balance Sheet	77/100
Value	19/100
Risk (safety)	100/100
Overall	75.6/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
DDOG	73
INTU	79
APP	88
ADBE	79
SNOW	58
ADP	54
CDNS	76

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 81 in 23 Q3, latest 76 — -5 since. Fell in 1 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY76 / 100IS Score 75.6 / 100 · -5.5 from peak of 81

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBEARISHTechnical Score 31 / 100 · Power -38 · 3 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

These two disagree — business quality 76, price structure 31 out of 100, so the business reads better than the price does. We publish the disagreement rather than resolving it: they answer different questions, and the gap between them is information, not an error.

Trigger	Where it stands now	What it would mean
IS Score reaches 75 and holds two consecutive quarters	now 75.6	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 75 → 75 → 69 → 76	the direction matters more than the level
Technical vote share back above 50%	now 18%	price structure no longer broken
Institutional holder count rises two quarters running	peak 1,513 → now 1,513	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score3 of 4top 4% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)2 buys2026-09-11

Insider Buys (180d)0none disclosed

ETF Funds (30d)1657 up / 1399 downnet +258 funds

Institutions Added (13F)101managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 1,513 · latest 1,513 (+0 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	1,513	245.1M	$89.6B	89.5%
2026 Q1	1,412	233.2M	$63.0B	85.1%
2025 Q4	1,447	239.4M	$71.5B	87.4%
2025 Q3	1,386	232.9M	$78.8B	85.0%
2025 Q2	1,335	233.0M	$69.3B	85.0%
2025 Q1	1,236	237.6M	$58.5B	86.8%
2024 Q4	1,284	237.3M	$69.1B	86.6%
2024 Q3	1,207	233.3M	$61.3B	85.2%
2024 Q2	1,274	235.5M	$70.1B	86.0%
2024 Q1	1,259	234.6M	$69.4B	85.6%
2023 Q4	1,190	233.0M	$60.8B	85.0%
2023 Q3	1,043	233.9M	$52.8B	85.4%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Cunningham Paul	Sr. Vice President	2026-10-15	EXERCISE	1,000	$0.14M	121,612
Cunningham Paul	Sr. Vice President	2026-10-15	SELL	2,000	$0.65M	119,612
Cunningham Paul	Sr. Vice President	2026-10-15	EXERCISE	1,000	$0.14M	5,328
Sangiovanni Vincentelli Alberto	director	2026-10-01	SELL	1,250	$0.44M	39,544
Scannell Paul	Sr. Vice President	2026-09-17	TAX W/H	937	$0.26M	30,783
Devgan Anirudh	director, President and CEO	2026-09-17	TAX W/H	3,779	$1.06M	247,201
Teng Chin-Chi	Sr. Vice President	2026-09-17	TAX W/H	1,181	$0.33M	136,075
Wall John M	Sr. VP & CFO	2026-09-17	TAX W/H	1,433	$0.40M	79,459

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	85	209,929	$77.6M	Counted
M — Exercises (paired A/D)	11	41,081	$5.5M	None — mechanics
F — Tax withholding	32	197,215	$57.6M	None — compensation
G — Gifts	2	1,558	—	None
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalRoutine Selling — Low Signal

Open-Market Sells$77.6M85 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-10-01	Sangiovanni Vincentelli Alberto	1,250	$0.4M
2026-09-15	Paul Cunningham	6,000	$1.7M
2026-08-25	Sangiovanni Vincentelli Alberto	1,250	$0.4M
2026-06-15	Paul Cunningham	6,000	$2.3M
Trailing 12 mo	34 filings	303,155	$108M

Filed	Form	Reporting person	% of class	Shares
2026-04-29	SCHEDULE 13G	Vanguard Capital Management	7.43%	20.5M sh
2026-01-07	SCHEDULE 13G/A	The Vanguard Group	10.00%	27.2M sh
2025-04-24	SCHEDULE 13G/A	BlackRock, Inc.	8.00%	21.9M sh

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Member	Chamber	Trade	Size band	Traded	Disclosed
Kevin Hern	House	SELL	$15,001 - $50,000	2026-09-14	2026-09-28
Kevin Hern	House	SELL	$15,001 - $50,000	2026-09-14	2026-09-25
Kevin Hern	House	SELL	$15,001 - $50,000	2026-09-14	2026-09-25
Tommy Tuberville	Senate	SELL	$1,001 - $15,000	2024-05-03	2024-06-14
Tommy Tuberville	Senate	SELL	$1,001 - $15,000	2024-05-03	2024-06-13
Thomas Hawley Tuberville	Senate	SELL	$1,001 - $15,000	2024-05-03	2024-06-13

House 12-Mo19 trades3 purchases

Senate 12-Mo0 tradesNone purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)1,412

13F Shares233M85.1% of shares out

New / Closed156 / 166positions, QoQ

Increased / Reduced538 / 568positions, QoQ

Put/Call (13F)0.95option positions

Free Float99.6%274M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Assenagon Asset Management S.A.	469,875	$155M
Vontobel Holding Ltd.	218,334	$72M
Ninety One Uk Ltd	150,042	$50M
Seilern Investment Management Ltd	134,530	$44M
Fjarde Ap-Fonden /Fourth Swedish N	108,602	$36M
Gateway Investment Advisers Llc	87,936	$29M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.1%	$2.9B
VSMPX	0.1%	$2.9B
VTSAX	0.1%	$2.9B
VTI	0.1%	$2.9B
VFINX	0.1%	$2.4B
VOO	0.1%	$2.4B

13F Filers Holding CDNS — quarterly

Institutional Put/Call — quarterly

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session31.3%2026-10-15

20-Day Avg56.5%50-day 51.6%

TrendRising20d vs 50d

By Market CenterQ: 31% · N: 32% · B: 20%latest session

Weekly Notional ($B)

Where CDNS Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Incr Intelligent Cross Llc	3.7M	34 sh
Ubsa Ubs Ats	2.8M	39 sh
Sgmt Sigma X2	1.6M	30 sh
Mspl Ms Pool (Ats-4)	1.5M	84 sh
Ebxl Level Ats	1.3M	20 sh
Bids Bids Ats	1.1M	252 sh

Where a dollar of Cadence Design Systems, Inc. revenue goes. All values FY2025 filings, live.

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Region	Revenue	Share
Americas	$2.5B	26%
UNITED STATES	$2.3B	24%
Asia	$1.7B	18%
Other Asia	$1.0B	11%
EMEA	$791M	8%
CHINA	$680M	7%
JAPAN	$342M	4%
Other America	$168M	2%

CDNS (live moat model)Peer median: DDOG · INTU · APP · ADBE · SNOW

Component scores from the live moat model. Peer median illustrative.

Moat score 76/100 — Wide; primary source Intangible Assets.

3.8 · Employees (SEC filings)

Officer	Title
Anirudh Devgan	Chief Executive Officer, President & Director
John Wall	Senior Vice President & Chief Financial Officer
Paul Scannell	Senior Vice President of Global Customer Success Team
Paul Cunningham	Senior VP & GM of the System Verification Group

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

Quarterly EPS — Actual vs. Consensus

Beats (>2%)6 of 6recent quarters

Avg Surprise+4.8%

Next Report2026-10-26

Income Quality1.35OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Profit Margins (%)

Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+11.4%	+19.2%	+14.8%	+13.5%	+14.1%
Gross profit	+12.8%	+19.0%	+14.6%	+9.3%	+14.5%
Operating income	+20.7%	+37.8%	+16.5%	+8.0%	+22.1%
Net income	+17.8%	+22.0%	+22.6%	+1.4%	+5.1%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	3.0	3.6	4.1	4.6	5.3
Cost of revenue	0.3	0.4	0.4	0.6	0.7
Gross profit	2.7	3.2	3.7	4.0	4.6
R&D expense	1.1	1.3	1.4	1.5	1.8
SG&A expense	0.7	0.8	0.9	1.0	1.1
Operating income	0.8	1.1	1.3	1.4	1.6
EBITDA	0.9	1.2	1.5	1.7	1.9
D&A	0.1	0.1	0.1	0.2	0.2
Pretax income	0.8	1.0	1.3	1.4	1.5
Income tax	0.1	0.2	0.2	0.3	0.4
Net income	0.7	0.8	1.0	1.1	1.1
Diluted EPS ($)	2.50	3.09	3.82	3.85	4.06
Diluted shares (M)	279	275	273	274	273

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Operating CF$2B

CapEx$0B

Free cash flow$2B

SBC$0B

Buybacks$1B

Net cash change$0B

Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	0.9	1.0	2.6	3.0
ST investments	0.0	0.1	0.1	0.0
Receivables (net)	0.5	0.5	0.7	0.9
Total current assets	1.7	2.0	4.0	4.7
PP&E (net)	0.5	0.6	0.6	0.5
Goodwill + intangibles	1.7	1.9	3.0	3.5
Total assets	5.1	5.7	9.0	10.2
Accounts payable	0.0	0.1	0.0	0.9
Short-term debt	0.1	0.3	0.0	0.0
Deferred revenue	0.7	0.7	0.7	0.8
Total current liabilities	1.3	1.6	1.4	1.6
Long-term debt	0.6	0.3	2.5	2.5
Total liabilities	2.4	2.3	4.3	4.7
Shareholders' equity	2.7	3.4	4.7	5.5

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	0.8	1.0	1.1	1.1
D&A	0.1	0.1	0.2	0.2
Stock-based compensation	0.3	0.3	0.4	0.5
Working capital change	0.1	(0.1)	(0.2)	(0.1)
Operating cash flow	1.2	1.3	1.3	1.7
Capital expenditures	(0.1)	(0.1)	(0.1)	(0.1)
Investing cash flow	(0.7)	(0.4)	(0.8)	(0.5)
Buybacks	(1.2)	(0.8)	(0.8)	(0.9)
Dividends paid	0.0	0.0	0.0	0.0
Debt issuance / (repay)	0.3	(0.1)	1.8	0.0
Financing cash flow	(0.7)	(0.8)	1.2	(0.9)
Free cash flow	1.1	1.2	1.1	1.6

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	26.6%	31.0%	33.9%	26.1%	21.9%	23%
ROA	16.7%	17.8%	19.3%	14.4%	11.6%	11.4%
ROIC	33.5%	31.8%	33.5%	22.8%	22.4%	13.3%
Gross margin	89.7%	89.6%	89.4%	86.0%	86.4%	85.9%
Operating margin	26.1%	30.1%	30.6%	29.1%	31.1%	30.8%
Net margin	23.3%	23.8%	25.5%	22.7%	20.9%	23.6%
EBITDA margin	30.7%	33.8%	35.8%	35.9%	35.4%	39.0%
FCF margin	34.6%	31.4%	30.5%	24.1%	30.0%	—
VALUATION
P/E	74.51	51.66	71.27	78.08	76.94	63.1
P/B	18.92	15.98	21.80	17.63	15.58	12.8
P/S	17.35	12.31	18.14	17.76	16.11	15.07
P/FCF	50.14	39.24	59.52	73.71	53.76	52.4
EV/EBITDA	55.91	36.43	50.43	49.32	45.28	39.1
EV/Revenue	17.14	12.31	18.05	17.71	16.01	15.3
Earnings yield	1.3%	1.9%	1.4%	1.3%	1.3%	1.57%
FCF yield	2.0%	2.5%	1.7%	1.4%	1.9%	1.91%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	1.77	1.27	1.24	2.93	2.86	1.74
Quick ratio	1.65	1.17	1.13	2.74	2.67	1.53
Debt / equity	0.17	0.32	0.22	0.55	0.45	0.36
Debt / assets	10.4%	17.3%	13.5%	28.8%	24.4%	20.5%
Net debt / EBITDA	-0.69	0.00	-0.26	-0.12	-0.28	0.46
Interest coverage	46.26	46.58	36.43	19.37	14.06	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.72	0.75	0.76	0.63	0.55	0.48
Receivables turnover	8.63	10.85	13.46	13.60	7.95	5.5
DSO (days)	42	34	27	27	46	67
DPO (days)	0	23	58	27	218	365
Cash conversion cycle	156	130	99	123	-30	-125
GROWTH (YoY)
Revenue growth	11.4%	19.2%	14.8%	13.5%	14.1%	—
Net income growth	17.8%	22.0%	22.6%	1.4%	5.1%	—
EPS growth	18.6%	24.3%	22.9%	0.7%	5.6%	—
FCF growth	27.6%	8.1%	11.5%	-10.3%	41.9%	—
PER SHARE ($)
EPS (diluted, TTM)	2.50	3.11	3.82	3.85	4.06	5.03
Book value / share	9.85	10.06	12.50	17.04	20.06	25.03
Revenue / share	10.74	13.05	15.01	16.92	19.41	21.31
FCF / share	3.72	4.09	4.58	4.08	5.81	6.13
Cash / share	3.91	3.25	4.18	10.15	11.00	5.26
SHAREHOLDER RETURN & SCORES
Buyback yield	1.4%	2.6%	1.1%	1.0%	1.1%	0.77%
Altman Z-Score	21.35	13.53	22.44	13.84	12.35	12.2
Piotroski F-Score	8	6	8	4	7	4/9
Beneish M-Score	-2.91	-2.39	-2.67	-2.12	-2.41	-1.97

Model	Score	Zone	Note
Piotroski F-Score	4 / 9	Middling
Altman Z-Score	12.2	Safe (>2.99)	Safe
Income quality	1.35	Cash-backed	OCF ÷ net income
Beneish M-Score	-1.97	Elevated	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.76
Interest burden	0.94
Operating margin	33.4%
Asset turnover	0.54×
Financial leverage	1.82×
= ROE	23%

Growth Quality (live)	Value
Revenue stability	0.97
Earnings stability	0.90
Earnings persistence	0.86
Revenue CAGR 3y	15.4%
EPS CAGR 3y	15.3%
FCF CAGR 3y	14.0%

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Buyback Yield0.77%

Dividend Yield0.00%none paid

Total Shareholder Return0.62%cash yield

SBC / Revenue8.8%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
DDOG	$88.7B	497.0	5%	4.0%	+31.5%	6/9	+63.5%
INTU	$86.9B	19.7	24%	8.3%	+13.9%	7/9	-49.0%
APP	$89.4B	20.4	204%	65.8%	+37.9%	9/9	-56.1%
ADBE	$95.4B	13.7	62%	27.0%	+12.0%	7/9	-25.5%
SNOW	$108.3B	-96.5	-48%	-12.4%	+32.0%	5/9	—
ADP	$114.5B	26.3	72%	17.9%	+6.7%	6/9	—
MSTR	$55.1B	-1.4	-31%	—	+6.8%	3/9	—
UBER	$143.7B	15.2	38%	16.9%	+16.7%	6/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Buy

31 Analysts

Str Sell (0)Sell (1)Hold (4)Buy (26)Str Buy (0)

Mean Target (qtr)$377.336 targets

Target vs. Price+18.1%last-quarter mean

Next Report2026-10-26street $2.04

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$6.32B	$6.35B / $6.30B	$8.15	$8.33 / $8.07	11
FY2027	$7.18B	$7.40B / $6.93B	$9.55	$10.16 / $8.86	15
FY2028	$8.02B	$8.49B / $7.62B	$10.98	$14.16 / $9.14	8

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$420.00	+31.5%	1
Last Quarter	$377.33	+18.1%	6
Last Year	$392.70	+22.9%	20
All Time	$332.82	+4.2%	49

Rolling mean of published targets vs. last close $319.51. Aggregated from StreetInsider, Benzinga, Pulse 2.0.

Third-Party Composite Rating

B-

DCF

3/5

ROE

4/5

ROA

4/5

Debt/Eq

2/5

P/E

1/5

P/B

1/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

CDNS -1.5% vs S&P 500 +15.9% — spread -17.3pp

Sector — XLK +29.0%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$333.25	-13.74	-4.12%	Below
SMA 50	$319.78	-0.27	-0.08%	Below
SMA 200	$326.99	-7.48	-2.29%	Below
EMA 9	$333.93	-14.42	-4.32%	Below
EMA 21	$330.67	-11.16	-3.37%	Below
EMA 50	$327.98	-8.47	-2.58%	Below
EMA 200	$329.68	-10.17	-3.08%	Below

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTBEARISHPower Score -383 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%22

Momentum 25%10

Volume 20%38

Volatility 10%67

Patterns 15%50

This Week18% bullishof 11 price-based votes

4 Weeks Ago0%+18 pts since

12 Weeks Ago18%+0 pts since

ReadImprovingweek-over-week trajectory

Price vs SMA 20$333.25

Price vs SMA 50$319.78

Price vs SMA 200$326.99

EMA 9/21 Cross333.9/330.7

SMA 50/200Death

ADX DirectionADX 25

Supertrend$355

Parabolic SAR$357

SMA Slope1.830

RSI44.1

Stochastic K/D22/37

StochRSI K/D0/5

Williams %R-88

CCI-47

TSI vs Signal12.2

CMO-11.8

ROC-9.06%

OBV SignalDistrib

Chaikin MF0.120

MFI44

Force Index-5M

Elder Ray Bull-4.02

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 37

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$322.78 / $329.65 / $334.92	S1 / S2	$317.51 / $310.64
Bollinger (20,2)	$296.70 – $369.81	Squeeze	Off
52-wk range	$262.75 – $416.69	Off 52-wk high	-23.3%
ATR (14)	$11.19 (3.5%)	Historical vol	39.5%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

-1.2%Jan50%

+3.9%Feb70%

+2.2%Mar52%

+4.4%Apr70%

+2.2%May70%

+0.9%Jun50%

+2.6%Jul50%

+1.4%Aug60%

+0.1%Sep50%

-0.1%Oct60%

+1.2%Nov65%

+1.2%Dec60%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	CDNS	S&P 500
Weekly volatility (σ, 1y)	6.01%	1.83%
Best / worst week (1y)	+17.1% / -15.3%	—
Max drawdown (5y, monthly)	-28.4%	—
1-week VaR (95%)	-8.7%	—
Beta (5y)	1.14	1.00

CDNS EQUITY WEATHER (LIVE)RAINY · -22

Trend-29

Momentum-49

Volume+48

Volatility-60

Breadth-17

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 278 stories, weekly buckets, −1 to +1.

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Overall-22.0-6.6 vs industry

Trend-28.9-10.9 vs industry

Momentum-48.8-31.5 vs industry

Volume+48.1+48.1 vs industry

Reading	CDNS	Software - Application n=1,755	Technology n=6,969	All US symbols n=70,435
Overall	-22.0	-15.4	-20.7	-20.5
Trend	-28.9	-18.0	-20.8	-21.3
Momentum	-48.8	-17.4	-28.5	-15.8
Volume	+48.1	+0.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Anirudh Devgan President and Chief Executive	$56.7M	99% equity+incentive
John M. Wall Senior Vice President and Chief	$17.1M	96% equity+incentive
Paul Scannell Senior Vice President, Custome	$15.7M	97% equity+incentive
Paul Cunningham Senior Vice President, GM, S	$15.2M	97% equity+incentive
Chin-Chi Teng Senior Vice President, GM, Dig	$15.2M	97% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	47
Social	53
Governance	63
Composite ESG	54

Composite ESG Trend

Filed	8-K contents	Items
2026-07-27	Earnings Release; Exhibits	2.02,9.01
2026-05-12	Officer/Director Change; Shareholder Vote	5.02,5.07
2026-05-12	Officer/Director Change	5.02
2026-04-27	Earnings Release; Exhibits	2.02,9.01
2026-02-23	Unregistered Sales of Equity Securities	3.02
2026-02-17	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01
2025-11-17	Departure/Election of Directors; Appointment of Officers; Financial St	5.02,9.01
2025-10-27	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-10-19 to 2026-07-27
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	114 rows · 1998 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-09-15 to 2026-10-15
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	3 rows · 2025-04-24 to 2026-04-29
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Cadence Design Systems, Inc. (CDNS)

Institutions holding — 12 quarters

Cadence Design Systems, Inc. (CDNS)

Monthly Net Insider Flow (000 shares)

Signal Summary

Cadence Design Systems, Inc. (CDNS)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding CDNS — quarterly

Institutional Put/Call — quarterly

Cadence Design Systems, Inc. (CDNS)

Where CDNS Trades in the Dark

Cadence Design Systems, Inc. (CDNS)

3.8 · Employees (SEC filings)

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)

Balance Sheet — Full

Cash Flow Statement — Full

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)

Street Price Target — Trajectory

Third-Party Composite Rating

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)

Family Scores (site weights)

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. (CDNS)