CDNS monthly performance report
Explore CDNS's monthly returns, drawdown, and seasonality trends — updated every month.
CDNS monthly report
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Key takeaways
- Cadence Design Systems (CDNS) closed September 2026 at $282.90, down 16.49% for the month and −22.47% over the trailing 12 months.
- Year-to-date, CDNS is −9.50%, underperforming the S&P 500 which has returned +11.70% YTD.
- The stock is trading −12.99% versus its 200-day moving average ($325.14), a cautious technical signal.
- Over the past three years, CDNS has underperformed the S&P 500 by −52.24%, with a relative strength index reading of 69.6.
- Win rate over the trailing 39 months stands at 56.4% — 22 positive months versus 17 negative months.
Cadence Design Systems ended September 2026 at $282.90, posting a monthly return of −16.49%. The S&P 500 returned −0.70% over the same window, leaving relative performance at −15.80%.
The current quarter stands at −24.62% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −12.99% versus the 200-day moving average ($325.14).
Year-to-date, CDNS is −9.50% against SPY +11.70%, a gap of −21.19%. The stock is currently −32.11% below its 52-week high, with maximum 3-year drawdown at −34.21%.
| Period | CDNS | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | +0.76% | −0.12% | +0.88% |
| 1 Week | −2.24% | −0.34% | −1.90% |
| 1 Month | −16.49% | −0.70% | −15.80% |
| 3 Months | −27.06% | +2.80% | −29.86% |
| 6 Months | −1.44% | +13.85% | −15.29% |
| YTD | −9.50% | +11.70% | −21.19% |
| 12 Months | −22.47% | +15.01% | −37.48% |
| 3 Years | +19.45% | +71.69% | −52.24% |
| Rank | Month | Return |
|---|---|---|
| #1 | Apr 2026 | +18.61% |
| #2 | Jul 2025 | +18.31% |
| #3 | Apr 2025 | +17.07% |
| #4 | Nov 2023 | +13.93% |
| #5 | May 2026 | +13.76% |
| Rank | Month | Return |
|---|---|---|
| #1 | Sep 2026 | −16.49% |
| #2 | Feb 2025 | −15.83% |
| #3 | Jul 2024 | −13.03% |
| #4 | Apr 2024 | −11.45% |
| #5 | Jul 2026 | −9.41% |
| Quarter | Return |
|---|---|
| Q2 2025 | +21.16% |
| Q3 2025 | +13.99% |
| Q4 2025 | −11.01% |
| Q1 2026 | −11.10% |
| Q2 2026 | +35.07% |
| Q3 2026 (QTD) | −24.62% |
| Year | Return |
|---|---|
| 2023 | +69.55% |
| 2024 | +10.31% |
| 2025 | +4.03% |
| 2026 | −9.50% |
| Metric | Value |
|---|---|
| 52-Week High | $416.69 (2026-06-02) |
| 52-Week Low | $262.75 (2026-02-03) |
| Current Price | $282.90 |
| 200-Day Moving Average | $325.14 |
| Price vs 200DMA | −12.99% |
| 3-Year Maximum Drawdown | −34.21% (2026-09-15) |
| Current Drawdown from 52W High | −32.11% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 69.6 |
| 3-Year Excess Return vs S&P 500 | −52.24% |
| RS Peak | 116.6 (Feb 2024) |
| RS Trough | 67.8 (Sep 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was CDNS's return for this report period?
CDNS returned −16.49% in the latest monthly window ending 2026-09-18.
Has CDNS outperformed SPY year to date?
YTD CDNS: −9.50% vs SPY: +11.70%.
What is CDNS's 12-month return?
−22.47% over the trailing 12 months.
Is CDNS above or below its 200-day moving average?
Price is −12.99% versus 200DMA ($325.14).
What is the maximum drawdown in the 3-year window?
−34.21% on 2026-09-15.