News
CDNS
285.90
-2.66%
-7.81
Bentley Systems valuation may hurt takeout premium - analyst
Bank of America analyst says Bentley Systems valuation may be a potential hurdle for a takeover. Reuters reports that Schneider Electric and Cadence Design have expressed interest in Bentley Systems. The firm's shares rose 4.6% on Thursday amid the takeover report. Bentley Systems has a market cap of about $15 billion.
Seeking Alpha · 7h ago
Cadence Design likely to see step-up in growth in fiscal 2025: Baird
Tech Cadence Design likely to see step-up in growth in fiscal 2025: Baird. Shares fell 2.3% in late trading on Thursday. The company is likely to benefit from several themes, including artificial intelligence and 3D-ICs. Cadence is expected to see growth in the mid-teens in the next fiscal year.
Seeking Alpha · 8h ago
Technology Sector Update for 04/18/2024: INFY, TSM, BSY, CDNS
NASDAQ · 9h ago
EXCLUSIVE-Bentley Systems explores options amid takeover interest, sources say
Bentley Systems explores options amid takeover interest, sources say. The company's shares jumped more than 5% on Thursday on the of a potential deal. Schneider Electric and Cadence Design Systems are among companies that have expressed interest in a deal with Bentley. The engineering software company has a market value of $16 billion. Siemens AG held talks to buy Bentley in 2020.
Reuters · 10h ago
'Cadence Design Systems Also Interested In Bentley Deal' - Reuters News
Bentley Systems is an engineering software company with a market value of about $15 billion. Schneider Electric and Cadence Design Systems have expressed interest in a deal with Bentley, sources say. The company has attracted acquisition interest, the people say. Bentley Systems is exploring options that include a sale.
Benzinga · 10h ago
Bentley Systems jumps amid report of takeover interest
Bentley Systems jumps 5.2% amid report of takeover interest. Schneider Electric and Cadence Design have expressed interest in the company, according to a Reuters report. The company has a market cap of about $15 billion. The Bentley family controls the company through a special class of shares.
Seeking Alpha · 11h ago
Notable ETF Outflow Detected - IGV, CDNS, CRWD, ROP
NASDAQ · 12h ago
5 Technology Stocks Poised to Beat Earnings Estimates in Q1
NASDAQ · 13h ago
Tesla To $123? Here Are 10 Top Analyst Forecasts For Thursday
Morgan Stanley raised the price target for United Airlines Holdings, Inc. United Airlines shares gained 17.5% to close at $48.74 on Wednesday. Deutsche Bank slashed Tesla, Inc.'s price target from $189 to $123. The price target was slashed for BJ's Wholesale Club Holdings.
Benzinga · 14h ago
Why Earnings Season Could Be Great for Cadence (CDNS)
NASDAQ · 15h ago
Cadence Design Systems Price Target Raised to $322.00/Share From $302.00 by Baird
Dow Jones · 15h ago
Cadence Design Systems Is Maintained at Outperform by Baird
Dow Jones · 15h ago
Baird Maintains Outperform on Cadence Design Sys, Raises Price Target to $322
Benzinga · 15h ago
New Cadence supercomputers aim to speed creation of chips, software
New Cadence supercomputers aim to speed creation of chips, software. Cadence makes software that companies use to design chips with billions of transistors. New supercomputer based around a custom computing chip designed to speed up creation of other chips and software. The company says the new systems can emulate chips twice as large as the original.
Reuters · 1d ago
$1000 Invested In Cadence Design Sys 5 Years Ago Would Be Worth This Much Today
Cadence Design Sys has outperformed the market over the past 5 years by 23.44%. The company has an average annual return of 34.86%. If an investor bought $1000 of CDNS stock 5 years ago, it would be worth $4,634.48 today.
Benzinga · 1d ago
Cadence Unveils Palladium Z3 and Protium X3 Systems to Usher in a New Era of Accelerated Verification, Software Development and Digital Twins
Cadence Design Systems, Inc. Announces the new Palladium Z3 and Protium X3 FPGA Prototyping systems. The new systems offer a 2X increase in capacity and a 1.5X performance increase compared to previous-generation systems. They are designed to accelerate the development of the most advanced SoCs. The systems are a revolutionary digital twin platform for the industry's largest multi-billion-gate designs.
Barchart · 1d ago
Cadence Design Systems: AI R&D Upside Risk
Cadence Design Systems is a key player in the semiconductor sector providing Electronic Design Automation for chip designers. The company has outperformed its competitors over the past decade and has a premium valuation due to its steady growth and high margins. The race for AI capabilities is likely to increase R&D spending in the industry. The consensus price target may rise to $434 or over 40% upside from current levels.
Seeking Alpha · 1d ago
NetApp (NTAP) Up 51% in a Year: Will the Rally Continue?
NASDAQ · 1d ago
Factors to Note Ahead of Cadence's (CDNS) Q1 Earnings Release
NASDAQ · 1d ago
QTEC: Technology Sector Dashboard For April
monthly article series provides industry metrics in information technology. First Trust NASDAQ-100-Technology Sector Index Fund ETF (QTEC) is overvalued by 32% regarding my metrics. QTEC: Technology Sector Dashboard for April 2024 shows aggregate industry metrics for the tech sector. The metrics are designed for stock-picking rather than index investing.
Seeking Alpha · 2d ago
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About CDNS
Cadence Design Systems, Inc. is an electronic system designing company. The Company provides computational software, special-purpose computational hardware, intellectual property (IP) and services to multiple vertical sectors. The Company's Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. The Company’s Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks.