Cadence Design Systems, Inc. (CDNS) rose 3.83% on August 28, 2026, bringing its price to $347.62. The single-session gain added to what has been a notably strong stretch for the electronic design automation company.
Over the past seven days, CDNS has advanced 10.87%, reflecting sustained buying interest across the short-term window. The one-month picture is more modest, with shares up just 0.80% over the trailing 30-day period, suggesting much of the recent momentum is concentrated in the past week.
Cadence carries a market capitalization of $92.17 billion, cementing its standing as one of the larger companies in its sector. The stock's performance on the day outpaced its longer-term monthly trend by a considerable margin.
The combination of a strong weekly gain and a measured 30-day return points to a period of consolidation followed by a sharper near-term move, based solely on the price data available through the August 28 close.
