$CDNS: Cadence Design Beats Q3 Estimates and Raises Full-Year Guidance Across

$CDNS

$CDNS � Cadence Design Beats Q3 Estimates and Raises Full-Year Guidance Across All Metrics

2026-10-26 20:18:04 UTC � TELEGRAM � All $CDNS

?? Positive AI Sentiment (+7.5 / 10)

• Q3 revenue $1.63B vs $1.61B est; Adj. EPS $2.11 vs $2.05 est; Backlog reaches $8.2B • Raised FY Adj. EPS view to $8.37-$8.43 (prior $8.05-$8.15) • Raised FY revenue outlook to $6.39B-$6.42B (prior $6.20B-$6.34B); strong Q4 EPS guidance

Observed market reaction after signal

Peak +3.36%