MARKET

CDNS

CDNS

Cadence Design System Inc
NASDAQ
258.38
-7.96
-2.99%
Pre Market: 265.00 +6.62 +2.56% 08:37 07/26 EDT
OPEN
267.00
PREV CLOSE
266.34
HIGH
268.93
LOW
258.16
VOLUME
749
TURNOVER
0
52 WEEK HIGH
328.99
52 WEEK LOW
217.77
MARKET CAP
70.75B
P/E (TTM)
66.82
1D
5D
1M
3M
1Y
5Y
1D
Cadence Design Systems Enters Oversold Territory (CDNS)
NASDAQ · 1d ago
$1000 Invested In Cadence Design Sys 15 Years Ago Would Be Worth This Much Today
Cadence Design Sys has outperformed the market over the past 15 years by 16.52%. The company has an average annual return of 28.55%. If an investor bought $1000 of CDNS stock 15 years ago, it would be worth $43,211.08 today.
Benzinga · 2d ago
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Cadence Design Systems, Inc. (NASDAQ:CDNS) reported its quarterly results last week. The company reported a profit of US$0.84 per share, 10% above expectations. The analysts are now predicting revenues to grow to US$4.62b in 2024. However, the analysts have reduced their earnings per share forecasts for the company. The consensus price target for the stock is now US$324. Cadence Design systems is expected to grow faster than the industry.
Simply Wall St · 2d ago
Analysts Offer Insights on Technology Companies: Temenos (OtherTMNSF) and Cadence Design (CDNS)
TipRanks · 2d ago
Bullish Outlook: Cadence Design Poised for Growth with Strong Performance and Strategic Acquisitions
TipRanks · 2d ago
Cadence continues to outperform in Q2 earnings, but guidance underwhelms
Seeking Alpha · 3d ago
Cadence Design Systems: Negatives Priced In For 3 Straight Quarters -- Time To Buy
Seeking Alpha · 3d ago
What 7 Analyst Ratings Have To Say About Cadence Design Sys
Cadence Design Sys is a provider of electronic design automation software. The company has an average 12-month price target of $334.57. 7 analysts have evaluated Cadence design sys in the last three months. Cadence Design sys faces challenges as its revenue growth lags behind its peers.
Benzinga · 3d ago
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About CDNS
Cadence Design Systems, Inc. is an electronic system designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its 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. Its 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. It also offers multi-domain, engineering simulation solutions.

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