Cadence Sets Ambitious 2026 Revenue Target Driven by AI Design Solutions
Cadence has announced a revenue target of $5.9B–$6B by 2026, attributing this growth to the increasing demand for its AI-driven design solutions and a boosted backlog.
8 related stories
Cadence has announced a revenue target of $5.9B–$6B by 2026, attributing this growth to the increasing demand for its AI-driven design solutions and a boosted backlog.
Halozyme has outlined a revenue target of $1.71 billion to $1.81 billion by 2026, driven by the expansion of its pipeline with new subcutaneous technologies.
Caesars anticipates a 20% growth in digital top-line revenue and a record $85 million in digital EBITDA, with group business offsetting leisure softness.
AI startup Perplexity is moving away from an ad-based revenue model to focus on subscriptions, following a trend seen with other AI companies like OpenAI.
Quantum is projecting $68 million in revenue for the fourth quarter, navigating challenges from supply chain volatility while benefiting from surging demand for tape storage.

The non-profit organization The 24 Hour Plays is establishing a permanent presence in Los Angeles, with a kickoff event featuring performances by Tatiana Maslany, Jon Cryer, and other notable actors.
Medtronic announced a decrease in profit even as its revenue saw an increase.
The WNBA players union has submitted a new collective bargaining agreement proposal to the league, including concessions on revenue share and housing, as negotiations continue before the season.