TOP TIERMARKET NEWSWIRE
Movers explained · October 28, 2026

Why Is CADENCE DESIGN SYS I (CDNS) Stock Moving Today?

By the Top Tier Newswire AI Desk · September 1, 2026 at 11:06 AM ET · reviewed against 23 wire stories

CADENCE DESIGN SYS I (CDNS) is drawing unusual attention today. Our newswire has captured 23 stories on CDNS across 11 sources in the last 36 hours, with AI sentiment reading bullish (avg 65/100).

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CDNS stock is down 5.94% to $318.66 in morning trading. The move follows a gap down at the open and a sharp intraday decline. The stock is trading near a 52-week low after a wave of insider selling and amid broader market weakness.

What Happened

The stock opened at $333.72, a 1.5% gap down from the previous close of $338.78. It then continued lower, falling to a session low of $318.24 before stabilizing slightly. The decline occurred despite positive news from the company that its PCIe 6.0 subsystem achieved first-pass compliance with the PCI Express specification. The technical achievement was highlighted by The Fly and StockTitan in recent reports. Seeking Alpha separately published a bullish technical analysis calling CDNS a buy-the-dip opportunity. However, the stock's weak performance suggests that the market is not currently pricing in these developments.

Recent insider transactions have also drawn attention. Over the past 90 days, insiders have sold 12 times for a total of $41.7 million. The most recent filing was on August 27, 2026. Additionally, the stock has printed 21 fresh 52-week lows on September 1, 2026, indicating broad-based weakness in the name.

What The Data Shows

The stock is trading within its 52-week range of $262.75 to $416.69. With a market cap of $93.7 billion, a P/E ratio of 67.4, and a beta of 1.14, CDNS remains a high-growth, high-volatility name. The session volume of 0.4 million shares is twice the 3-month daily average. The stock has traded down for much of the session, with the low occurring at 11:05 AM ET. The price action suggests a lack of immediate demand despite the company’s recent technical milestones.

What To Watch

The stock is not scheduled to report earnings in the near term. Traders and investors should monitor coverage breadth and any follow-up commentary from analysts or institutional investors.

AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.

CDNS by the numbers

Coverage: 23 stories / 11 sourcesAI sentiment: 65/100 (bullish)Mkt cap: $93.7BP/E: 67.452w: $262.75 to $416.69
CDNS · Sep 1 session (5-min) · -7.52% vs prior close · updated 8:58 PM ET
$311$325$340prev close $338.78$313.317:05 AM10:06 AM1:07 PM4:08 PM7:10 PM7:05 AM · $333.727:15 AM · $333.778:15 AM · $333.778:25 AM · $333.808:30 AM · $332.908:35 AM · $332.508:40 AM · $332.069:00 AM · $332.109:05 AM · $331.319:10 AM · $330.509:30 AM · $331.009:35 AM · $328.959:40 AM · $330.129:45 AM · $328.569:50 AM · $327.099:55 AM · $327.1810:00 AM · $328.2510:05 AM · $328.5410:10 AM · $327.7510:15 AM · $327.5810:20 AM · $328.2910:25 AM · $327.9010:30 AM · $327.2610:35 AM · $326.3710:40 AM · $324.3810:45 AM · $324.5110:50 AM · $322.2910:55 AM · $320.6711:00 AM · $318.8911:05 AM · $317.4911:10 AM · $317.6911:15 AM · $318.3811:20 AM · $317.7011:25 AM · $318.3111:30 AM · $318.8811:35 AM · $319.4911:40 AM · $320.1511:45 AM · $320.3911:50 AM · $319.6911:55 AM · $319.8112:00 PM · $320.0012:05 PM · $320.0912:10 PM · $319.4812:15 PM · $317.8412:20 PM · $317.2812:25 PM · $316.7712:30 PM · $316.5312:35 PM · $316.3812:40 PM · $315.7912:45 PM · $315.3512:50 PM · $315.2512:55 PM · $314.711:00 PM · $315.101:05 PM · $315.631:10 PM · $316.341:15 PM · $316.841:20 PM · $316.641:25 PM · $316.981:30 PM · $317.011:35 PM · $315.911:40 PM · $315.531:45 PM · $314.821:50 PM · $314.791:55 PM · $315.212:00 PM · $315.612:05 PM · $315.552:10 PM · $315.002:15 PM · $314.842:20 PM · $314.622:25 PM · $314.292:30 PM · $313.902:35 PM · $314.002:40 PM · $312.822:45 PM · $313.072:50 PM · $312.872:55 PM · $313.533:00 PM · $314.073:05 PM · $314.213:10 PM · $313.763:15 PM · $313.123:20 PM · $312.703:25 PM · $312.583:30 PM · $312.903:35 PM · $312.813:40 PM · $312.793:45 PM · $312.153:50 PM · $313.363:55 PM · $313.044:00 PM · $313.244:10 PM · $313.044:15 PM · $313.584:30 PM · $314.004:35 PM · $313.764:45 PM · $313.045:05 PM · $314.685:10 PM · $318.235:50 PM · $313.046:05 PM · $316.516:10 PM · $313.806:15 PM · $313.516:20 PM · $314.956:25 PM · $313.526:30 PM · $314.006:45 PM · $313.056:50 PM · $313.037:10 PM · $313.31
AI sentiment, last 36h · averaged over 23 stories · 65/100 bullish
AI sentiment 65/100 (bullish)0 · bearish50bullish · 100

The headlines behind the move

Story flow · 10 stories on the wire, last 36h · hover or tap a dot for the headline
36h ago24h ago12h agonowGuruFocus · sentiment 64 · CDNS Maintains Outperform Rating -- Price Target Raised to $440GuruFocus · 64CDNS Maintains Outperform Rating -- Price Target Raised to $440Investing.com Analyst Ratings · sentiment 74 · Rosenblatt raises Cadence Design stock price target on strong Q3 beatInvesting.com Analyst Ratings · 74Rosenblatt raises Cadence Design stock price target on strong Q3 beatThe Fly · sentiment 63 · Cadence Design price target raised to $425 from $420 at RosenblattThe Fly · 63Cadence Design price target raised to $425 from $420 at RosenblattSeeking Alpha · sentiment 74 · Cadence's Q3 beat and raise occurs during early days of agentic AI opportunity: analystsSeeking Alpha · 74Cadence's Q3 beat and raise occurs during early days of agentic AI opportunity: analystsInvesting.com Analyst Ratings · sentiment 63 · KeyBanc reiterates Cadence Design stock rating on strong resultsInvesting.com Analyst Ratings · 63KeyBanc reiterates Cadence Design stock rating on strong resultsInvesting.com Analyst Ratings · sentiment 63 · Stifel reiterates Cadence Design stock rating on strong resultsInvesting.com Analyst Ratings · 63Stifel reiterates Cadence Design stock rating on strong resultsGuruFocus · sentiment 64 · Cadence Design Systems Inc (CDNS): GF Score of 99 Signals Strong Outperformance PotentialGuruFocus · 64Cadence Design Systems Inc (CDNS): GF Score of 99 Signals Strong Outperformance PotentialGuruFocus · sentiment 74 · Cadence Design Systems (CDNS) Raises Guidance Following Strong Q3 EarningsGuruFocus · 74Cadence Design Systems (CDNS) Raises Guidance Following Strong Q3 EarningsMorningstar · sentiment 67 · Here's the question three tech-sector earnings reports raise about the future of AIMorningstar · 67Here's the question three tech-sector earnings reports raise about the future of AIThe Fly · sentiment 58 · Cadence Design put buyer realizes 7% same-day gainsThe Fly · 58Cadence Design put buyer realizes 7% same-day gains
5h agoThe FlyBULLISH 58General

Cadence Design put buyer realizes 7% same-day gains

9h agoMorningstarBULLISH 67Earnings

Here's the question three tech-sector earnings reports raise about the future of AI

Celestica, Cadence Design Systems and Rambus all posted estimate-beating results for the third quarter.

12h agoGuruFocusBULLISH 74Earnings

Cadence Design Systems (CDNS) Raises Guidance Following Strong Q3 Earnings

1d agoGuruFocusBULLISH 64Analyst

Cadence Design Systems Inc (CDNS): GF Score of 99 Signals Strong Outperformance Potential

1d agoInvesting.com Analyst RatingsBULLISH 63Analyst

Stifel reiterates Cadence Design stock rating on strong results

Stifel reiterates Cadence Design stock rating on strong results

1d agoInvesting.com Analyst RatingsBULLISH 63Analyst

KeyBanc reiterates Cadence Design stock rating on strong results

KeyBanc reiterates Cadence Design stock rating on strong results

1d agoSeeking AlphaBULLISH 74Earnings

Cadence's Q3 beat and raise occurs during early days of agentic AI opportunity: analysts

Cadence boosts guidance as analysts cite recurring revenue strength and early agentic AI traction.

1d agoThe FlyBULLISH 63Analyst

Cadence Design price target raised to $425 from $420 at Rosenblatt

1d agoInvesting.com Analyst RatingsBULLISH 74Analyst

Rosenblatt raises Cadence Design stock price target on strong Q3 beat

Rosenblatt raises Cadence Design stock price target on strong Q3 beat

1d agoGuruFocusBULLISH 64Analyst

CDNS Maintains Outperform Rating -- Price Target Raised to $440

Cadence Design Systems (CDNS) Analyst Rating Update On October 23, 2026, Cadence Design Systems (CDNS) received an adjusted price target of $440.00 from Bair

Frequently asked questions

Why is CDNS stock moving today?

CADENCE DESIGN SYS I (CDNS) is drawing unusual attention today. Our newswire has captured 23 stories on CDNS across 11 sources in the last 36 hours, with AI sentiment reading bullish (avg 65/100). The most recent driver: "Cadence Design put buyer realizes 7% same-day gains" (The Fly).

Is CDNS a buy right now?

Top Tier Newswire does not give financial advice. Our AI sentiment across the last 36 hours of CDNS coverage reads 65/100 over 23 stories; treat it as a research signal and do your own diligence.

How fast does this page update?

The data sections refresh continuously as the newswire lands coverage; the written analysis is published once per trading day. Pro subscribers additionally get real-time push alerts, watchlists, and the full live terminal.

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More on CDNS: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.

Earlier CDNS move explainers: 2026-09-01