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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Cadence Design Systems reached a record high stock price of $376.83 on May 22 after its earnings surpassed estimates. The company also raised its financial guidance for Q2 2026 and the full fiscal year 2026. Institutional ownership stands at 84.85% with a 'Moderate Buy' analyst consensus.