CDNS
CADENCE DESIGN SYSTEMS INCEvidence as of 2026-09-02Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
−0.2 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The surviving evidence, judged Mixed (‑0.2 of a possible +2; confidence high), documents steady revenue growth from USD 1,242,366,000 in fiscal Q1 2025 (fiscal quarter ended 2025-03-31) to USD 1,275,441,000 in fiscal Q2 2025 (fiscal quarter ended 2025-06-30), to USD 1,338,838,000 in fiscal Q3 2025 (fiscal quarter ended 2025-09-30), and to USD 1,474,225,000 in fiscal Q1 2026 (fiscal quarter ended 2026-03-31). Operating income was more variable over the same span — USD 361,520,000 in fiscal Q1 2025, down to USD 241,797,000 in fiscal Q2 2025, then up to USD 425,390,000 in fiscal Q3 2025 and USD 431,329,000 in fiscal Q1 2026 — while net income and diluted EPS show the same trough in fiscal Q2 2025 (net income USD 160,051,000; diluted EPS USD 0.59) before rising to USD 335,660,000 and USD 1.23, respectively, in fiscal Q1 2026.
The record also shows rising R&D spend to USD 508,437,000 in fiscal Q1 2026, modest share‑count fluctuation ending at 275,816,000 as of 2026-03-31, documented share repurchases (USD 350,007,000 and USD 200,000,000 in two reported periods), a tick down in cash to USD 1,406,668,000 as of 2026-03-31 after a prior rise, and growing stockholders’ equity to USD 6,561,463,000 as of 2026-03-31. Market measures show price sitting below both the 50‑day and 200‑day SMAs, elevated volatility (30‑day annualized +38.1%, 90‑day +43.7%), beta to SPY of 1.65, and recent momentum mixed (3‑month ‑24.8%, 6‑month +4.1%, 12‑month/12‑1 ‑7.8%).
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue grew quarter-over-quarter from USD 1,242,366,000 in fiscal Q1 2025 (2025-01-01 to 2025-03-31, 3mo) to USD 1,275,441,000 in fiscal Q2 2025 (2025-04-01 to 2025-06-30, 3mo), to USD 1,338,838,000 in fiscal Q3 2025 (2025-07-01 to 2025-09-30, 3mo), and to USD 1,474,225,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31, 3mo).
XBRL companyfacts · 0000813672-25-000051Operating income showed variability across the same set of quarters: USD 361,520,000 in fiscal Q1 2025 (2025-01-01 to 2025-03-31, 3mo), fell to USD 241,797,000 in fiscal Q2 2025 (2025-04-01 to 2025-06-30, 3mo), then rose to USD 425,390,000 in fiscal Q3 2025 (2025-07-01 to 2025-09-30, 3mo) and was USD 431,329,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31, 3mo).
XBRL companyfacts · 0000813672-25-000051Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
Three Form 4 filings for CADENCE DESIGN SYSTEMS INC were submitted on 2026-08-27 (accession numbers the 4 filed 27 August 2026, the 4 filed 27 August 2026, and the 4 filed 27 August 2026).
4 filed 2026-08-27An additional Form 4 for CADENCE DESIGN SYSTEMS INC was filed on 2026-08-25 (the 4 filed 25 August 2026); the dataset marks its parse status as 'skipped'.
4 filed 2026-08-25Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
As of 2026-09-01, the 3‑month momentum is -24.8% (momentum_3m) while the 6‑month momentum is +4.1% (momentum_6m), and the 12‑month/12‑1 momentum measure is -7.8% (momentum_12_1).
Moneyta signal set · 2026-09-01Price sits below both moving averages: price is -9.5% versus the 50‑day SMA and -4.4% versus the 200‑day SMA (price_vs_sma50, price_vs_sma200), and a golden cross flag is true (golden_cross).
Moneyta signal set · 2026-09-01Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02T13:45:47.228469+00:00, CADENCE DESIGN SYSTEMS INC is a holding in the IVV ETF with a weight of 0.16% of that fund.
ETF constituents · market dataThere are multiple Form 4 insider filing records for CADENCE DESIGN SYSTEMS INC with filed dates on 2026-08-19, 2026-08-25, and 2026-08-27, indicating a cluster of filings in late August 2026.
Form 4 × 6 (90d window not enforced here)Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Coverage on 1 September 2026 notes Cadence shares closed down about 7.6% from the prior day's close.
News · finance.yahoo.com · 2026-09-01At least one headline links afternoon weakness in Cadence and other stocks on 1 September 2026 to market-wide factors including escalating geopolitical tensions in the Middle East and rising global bond yields.
News · finance.yahoo.com · 2026-09-01Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Sr. Vice President TENG CHIN-CHI reported an open-market sale of $1.5M for 4,732 shares on 2026-08-21 under a stated 10b5-1 plan (filing shows a separate $203k code M entry the same date).
Form 4 · TENG CHIN-CHI (Sr. Vice President) · $203k code M · 2026-08-21Sr. Vice President Cunningham Paul reported a sale of $647k for 2,000 shares on 2026-08-17 under a stated 10b5-1 plan (the same filing also shows a code M entry for 1,000 shares valued at $138k).
Form 4 · Cunningham Paul (Sr. Vice President) · $138k code M · 2026-08-17Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The model reports the implied free cash flow (FCF) growth rate that today's price would justify as 43.03% (0.4303).
Valuation inputs · SEC XBRL + stored EOD closePrice to trailing‑twelve‑month free cash flow (P/FCF) is 70.51 based on the provided FCF and price inputs.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
Several company-specific signals in the provided evidence support a favorable read: revenue, net income, and diluted EPS all rose across the reported quarters, stockholders' equity expanded materially, and the company continued R&D investment alongside documented share repurchases. These items collectively indicate operating growth and reinvestment discipline in the reported periods, and multiple sell‑side analysts maintained buy ratings per the consensus snapshot. The bear case leans heavily on market volatility, short‑term drawdown and high headline multiples; those are market‑level or valuation snapshots that do not negate the reported quarter‑over‑quarter improvements in revenue, profitability and equity stated in the filings. Evidence strength varies: the financial statement items are strong (SEC filing sources), buy‑side analyst coverage is moderately strong (third‑party consensus), while short‑term market noise, insider Form 4 cluster activity, and valuation ratios are weaker as sole counters because they are either market‑wide, parse‑limited, or require contextual interpretation.
Chair's verdict, claim by claim
Fragility · computed, not argued
diversified0.29
37 surviving claims rest on 21 distinct sources; the heaviest analyst carries 24% of them, and 97% of what the desk raised survived the debate.
The read rests on a moderate breadth of sources but a nontrivial concentration of influence: one analyst is responsible for nearly a quarter of surviving claims, and almost all proposed points survived the internal debate. That combination means the package is informative but somewhat brittle — key assertions can carry outsized weight from a few contributors, so corroboration from additional independent filings or market data would strengthen confidence.
Peer context · computed, not argued
12-1 momentum ranks 7th of 24 in Software—Application (as of 2026-09-01).
90-day volatility ranks 23rd of 24 in Software—Application (as of 2026-09-01).
dividend yield ranks 3rd of 24 in Software—Application (as of 2026-09-01).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
13 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.1 to the score
6 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.4 to the score
2 holdings records
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.3 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
6 filings· 2 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot−0.8 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.