AI EQUITY RESEARCH July 02, 2026 Cadence Design Systems, Inc. CDNS Technology Rating Sell Price $377.73 Target $171.01 Pitroski Score 6 Market Cap $85.43B P/E (Fwd) 77.0x P/B Ratio 15.61x ROE 21.9% Div. Yield N/A 52W Range $265.66 - $416.