Cadence Design Systems Inc (NASDAQ:CDNS) shares are climbing on Monday. The stock is seeing increased attention ahead of the company’s first‑quarter earnings release after the bell.
- Cadence Design Systems stock is moving in positive territory. What’s driving CDNS shares up?
What To Expect From CDNS Today
Wall Street is looking for $1.81 in EPS on $1.45 billion in revenue for the first quarter. The buying ahead of the release suggests traders expect Cadence to outperform those numbers, leaning on the company’s strong finish to 2025 and upbeat guidance for fiscal 2026.
Cadence’s fourth‑quarter results showed the company entering the new fiscal year with solid momentum. Revenue grew to $1.44 billion, up from $1.356 billion a year earlier. Non‑GAAP EPS rose to …