Cadence Design Expands Share Repurchase Program

Cadence Design ( (CDNS) ) just unveiled an announcement.

At the 2025 Annual Meeting of Stockholders held on May 8, Cadence Design Systems, Inc. announced the election of ten directors to serve until the 2026 Annual Meeting, with all nominees successfully elected. Additionally, stockholders approved executive officer compensation and the selection of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2025, while a proposal on political spending was not approved. Furthermore, the board authorized an additional $1.5 billion for the company’s share repurchase program, allowing for flexible repurchase strategies based on market conditions and other factors.

The most recent analyst rating on (CDNS) stock is a Sell with a $225.00 price target. To see the full list of analyst forecasts on Cadence Design stock, see the CDNS Stock Forecast page.

Spark’s Take on CDNS Stock

According to Spark, TipRanks’ AI Analyst, CDNS is a Outperform.

Cadence Design Systems scores strongly due to its robust financial performance and positive earnings call, which highlight significant growth and strategic advancements. However, the stock’s high valuation and technical indicators suggest caution, as it approaches overbought territory. The company’s prudence regarding the China market and potential trade impacts are additional considerations, but its strong fundamentals and strategic positioning in the software industry support a favorable outlook.

To see Spark’s full report on CDNS stock, click here.

More about Cadence Design

Cadence Design Systems, Inc. operates in the electronic design automation industry, providing software, hardware, and IP for electronic design. The company focuses on delivering solutions for semiconductor and system companies, enhancing their design and verification processes.

Average Trading Volume: 2,513,345

Technical Sentiment Signal: Strong Buy

Current Market Cap: $83.49B

Learn more about CDNS stock on TipRanks’ Stock Analysis page.