Cadence Design Systems stock trades at EUR 316.33, up 12.9 percent year to date

Published on 10/12/2026 at 16:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cadence Design Systems stock is 12.88 percent higher year to date. It costs EUR 316.33 on October 12, 2026 versus EUR 314.40.

Key points in brief

Cadence Design Systems stock was at EUR 316.33 at Lang & Schwarz on October 12, 2026, plus 0.61 percent versus the Xetra close of EUR 314.40.
The stock was up 12.88 percent year to date as of October 12, 2026, while its 52-week range was USD 262.75 to USD 416.69.
Market capitalization stood at USD 97.3 billion and the trailing P/E ratio was 70.21 on October 12, 2026.
MarketBeat listed 22 analyst ratings and an average target of USD 404.14, while Deutsche Bank raised its target from USD 400.00 to USD 420.00 on October 7, 2026.

Schwarz-Weiß Doku: Ingenieure an EDA-Workstations mit IC-Layouts — Cadence Design Systems US12541W1027 zeigt Ingenieure in Schwarz-Weiß beim Überprüfen von IC-Layouts an Workstations, Illustration mit AI erstellt.

Cadence Design Systems (US1273871087) was trading at EUR 316.33 at Lang & Schwarz on October 12, 2026 at 4:42 p.m. CEST, up 0.61 percent versus the Xetra close of October 9, 2026 at EUR 314.40. The stock was also 12.90 percent higher year to date, giving the market report a wider performance frame than the intraday move alone.

Price remains below yearly high

The euro quotation sits below the primary-market range translated into its original currency. Cadence Design Systems traded at USD 353.36 on Nasdaq at 10:52 a.m. EDT on October 12, 2026, while the 52-week range was USD 262.75 to USD 416.69. The current level is therefore USD 63.33 below the yearly high, a gap of 15.19 percent based on the same-currency figures.

The market capitalization was USD 97.3 billion on October 12, 2026, and the trailing P/E ratio was 70.21. That valuation places the stock near the upper end of the software and semiconductor-design comparison, so the scheduled earnings date is a material calendar marker for the next price assessment.

Analyst target remains above price

MarketBeat listed 22 analyst ratings and an average twelve-month target of USD 404.14 on October 12, 2026. The consensus was Moderate Buy, with 18 Buy ratings, 3 Hold ratings and 1 Strong Buy rating.

MarketBeat recorded Deutsche Bank's October 7, 2026 move from a USD 400.00 target to USD 420.00. The target change is separate from the euro quotation because the analyst figure is in US dollars, while the German trading reference is in euros.

Comparison with peers

Cadence Design Systems: plus 0.61 percent, P/E 70.21, market capitalization USD 97.3 billion as of October 12, 2026.
Synopsys (Nasdaq, USD): minus 1.42 percent, P/E 87.83, market capitalization USD 96.3 billion as of October 12, 2026.
KLA Corporation (Nasdaq, USD): minus 2.35 percent, P/E 52.17, market capitalization USD 249.5 billion as of October 12, 2026.

Next results date is October 26

Yahoo Finance lists October 26, 2026 as Cadence Design Systems' next earnings date. The latest reported second-quarter revenue was USD 1.58 billion, while consolidated net income was USD 367.08 million for the quarter ended June 30, 2026, figures also reflected in MarketBeat.

Trading reference stays in euros

The Lang & Schwarz quotation was EUR 316.33 on October 12, 2026 at 4:42 p.m. CEST, up 0.61 percent versus the Xetra close of October 9, 2026 at EUR 314.40. The Nasdaq quotation was USD 353.36 at 10:52 a.m. EDT on October 12, 2026, a separate home-market reference.

The further course of trading is shown by the continuously updated real-time quote of Cadence Design Systems stock.