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Cadence Raises 2026 Revenue Growth Outlook to 21% and Launches Maestro
Cadence projects non-GAAP diluted EPS of $8.40 at the midpoint, while quarter-end backlog reached a record $8.2 billion.

Cadence raised its 2026 revenue growth outlook to 21% on Monday, while quarter-end backlog reached a record $8.2 billion. The chip and system design software maker also lifted its earnings outlook and launched a portfolio of AI models called Maestro.
The revised outlook targets 21% revenue growth. Cadence projects non-GAAP diluted EPS of $8.40 at the midpoint.
Maestro is a portfolio of AI models designed for chip and system design.