Cadence Design Systems Lowers FY2026 Adj EPS Guidance from $8.05-$8.15 to $7.85-$7.95 vs $8.02 Est; Raises FY2026 Sales Guidance from $5.900B-$6.000B to $6.125B-$6.225B vs $6.058B Est

Cadence Design Systems (NASDAQ:CDNS) lowers FY2026 Adj EPS guidance from $8.05-$8.15 to $7.85-$7.95 vs $8.02 analyst estimate. Raises FY2026 sales outlook from $5.900 billion-$6.000 billion to $6.125 billion-$6.225 billion vs $6.058 billion estimate.