Stock Track | Cadence Design Soars 5.01% After-Hours on Q4 Earnings Beat and Strong AI-Driven Demand

Stock Track

Feb 18

Cadence Design Systems' stock surged 5.01% in after-hours trading on Tuesday, following the release of its fourth-quarter financial results.

The computational software company reported quarterly adjusted earnings of $1.99 per share, beating the analyst consensus estimate of $1.91. Revenue for the quarter reached $1.44 billion, also exceeding expectations of $1.42 billion. The company highlighted strong customer demand for its expanding AI-driven product portfolio as a key driver of growth.

For the full fiscal year 2026, Cadence provided optimistic guidance, expecting revenue between $5.9 billion and $6.0 billion and adjusted earnings per share in the range of $8.05 to $8.15, which aligns with or exceeds analyst forecasts. The company ended the quarter with a record backlog of $7.8 billion, indicating robust future demand.

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Revenue for the quarter reached $1.44 billion, also exceeding expectations of $1.42 billion. The company highlighted strong customer demand for its expanding AI-driven product portfolio as a key driver of growth.</p><p>For the full fiscal year 2026, Cadence provided optimistic guidance, expecting revenue between $5.9 billion and $6.0 billion and adjusted earnings per share in the range of $8.05 to $8.15, which aligns with or exceeds analyst forecasts. The company ended the quarter with a record backlog of $7.8 billion, indicating robust future demand.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CDNS","symbol_name":"铿腾电子","start_time":0,"source_url":"","article_id":"1161310122","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161310122","pubTimestamp":1771364939,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Cadence Design Systems' stock surged 5.01% in after-hours trading on Tuesday, following the release of its fourth-quarter financial results.The computational software company reported quarterly...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CDNS":"铿腾电子"},"translate_title":"个股追踪|Cadence Design盘后飙升5.01%，因第四季度盈利超出预期和强劲的人工智能驱动需求","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CDNS":1},"content_text":"Cadence Design Systems' stock surged 5.01% in after-hours trading on Tuesday, following the release of its fourth-quarter financial results.The computational software company reported quarterly adjusted earnings of $1.99 per share, beating the analyst consensus estimate of $1.91. 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