CDNS Stock Recent News

CDNS expands its Reality Digital Twin Platform with a model of NVIDIA DGX SuperPOD, boosting AI factory and data center design precision.

Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Cadence Design Systems, Inc. (NASDAQ:CDNS ) Goldman Sachs Communacopia + Technology Conference September 9, 2025 4:45 PM EDT Company Participants Anirudh Devgan - CEO, President & Director Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Okay. Good afternoon, everybody.

In the most recent trading session, Cadence Design Systems (CDNS) closed at $360.64, indicating a +2.74% shift from the previous trading day.

Cadence Design said on Thursday it will buy the design and engineering business of Stockholm-based Hexagon AB for 2.7 billion euros ($3.16 billion), to expand its customer base and scale up its product portfolio.

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced it has entered into a definitive agreement to acquire the Design & Engineering (“D&E”) business of Hexagon AB, which includes its MSC Software business—a pioneer in engineering simulation and analysis solutions. This acquisition accelerates Cadence's Intelligent System Design™ strategy, significantly expanding the Cadence® System Design & Analysis portfolio and reinforcing its commitment to delivering comprehe.

Micron Technology is among a pair of AI stocks near buy points on this weekend's watch list. They're joined by Boeing, which is steadily regaining altitude.

I maintain my buy rating on CDNS as hardware upgrades, AI scaling, and new partnerships are driving robust demand and expanding TAM. The hardware upgrade cycle is in full swing, with record revenue and multi-year momentum supported by AI, HPC, and automotive sectors. AI innovation and deepened partnerships with NVIDIA and Intel are unlocking new markets and accelerating growth opportunities for CDNS.

Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence to Present at Deutsche Bank Technology Conference.