Cadence Raises 2026 Revenue Growth Outlook to 21% and Launches Maestro

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. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost