Cadence Design Systems Inc

CDNS: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Cadence Earnings: Full-Year Guidance Raised as Core Software Accelerates

Cadence Design Systems' third-quarter revenue rose 22% year over year to $1.63 billion, just above guidance. The bigger news: management raised its 2026 revenue guide by about $100 million, roughly 4 times the quarter's beat, and guided fourth-quarter sales about 5% above our prior forecast.

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