4/29/2025

Comprehensive Analysis

• Earnings Outperformance and Guidance Raise: Cadence Design Systems (CDNS) delivered a 23% YoY revenue increase to $1.242 billion and a 34% YoY non-GAAP EPS of $1.57, surpassing estimates. The raised FY2025 guidance to $6.73–$6.83 EPS and $5.15B–$5.23B revenue underscores robust demand for AI-driven EDA tools and semiconductor IP. This aligns with technical indicators showing a bullish logarithmic trend and a cup-and-handle pattern on the weekly chart, suggesting a continuation of the upward trajectory.