Feb 13, 2026

According to Yahoo Finance, Cadence Design Systems, a company with an $81.6 billion market cap, provides software and intellectual property for designing integrated circuits. The firm, founded in 1988 and based in San Jose, California, serves global customers in several technology-driven industries.

Over the past year, shares of Cadence have underperformed the broader market, gaining 1.9% while the S&P 500 Index rallied nearly 12.9%. In 2026, Cadence stock is down 7.8% year-to-date, compared to a marginal dip for the index. However, the stock has performed better than the SPDR S&P Software & Services ETF, which declined about 23.5% over the past year and 20.6% in 2026.

The stock’s…