CDNS monthly performance report
Monthly CDNS research: returns, drawdown, relative strength, seasonality, and key stats.
CDNS monthly report
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Key takeaways
- Cadence Design Systems (CDNS) closed August 2026 at $337.07, down 0.87% for the month and −6.50% over the trailing 12 months.
- Year-to-date, CDNS is +7.83%, underperforming the S&P 500 which has returned +12.89% YTD.
- The stock is trading +3.11% versus its 200-day moving average ($326.90), a bullish technical signal.
- Over the past three years, CDNS has underperformed the S&P 500 by −25.09%, with a relative strength index reading of 84.9.
- Win rate over the trailing 39 months stands at 53.8% — 21 positive months versus 18 negative months.
Cadence Design Systems ended August 2026 at $337.07, posting a monthly return of −0.87%. The S&P 500 returned +3.05% over the same window, leaving relative performance at −3.91%.
The current quarter stands at −12.38% (Q3 2026 (QTD)), while medium-term trend remains constructive: price is +3.11% versus the 200-day moving average ($326.90).
Year-to-date, CDNS is +7.83% against SPY +12.89%, a gap of −5.05%. The stock is currently −19.11% below its 52-week high, with maximum 3-year drawdown at −29.05%.
| Period | CDNS | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −1.04% | −0.20% | −0.84% |
| 1 Week | −2.22% | +3.90% | −6.12% |
| 1 Month | −0.87% | +3.05% | −3.91% |
| 3 Months | +2.27% | +7.11% | −4.85% |