Cadence Design Systems Inc. (CDNS) Stock Price, Quote & News

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Cadence Design Systems In... (CDNS)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

293.86

1.36 (0.46%)

At close: Jan 14, 2025, 3:59 PM

294.19

0.11%

After-hours Jan 14, 2025, 04:00 PM EST

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Bid	292
Market Cap	80.59B
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	3.8
PE Ratio (ttm)	77.33
Forward PE	n/a
Analyst	Buy

Ask	297.99
Volume	940,045
Avg. Volume (20D)	1,839,357
Open	293.75
Previous Close	292.50
Day's Range	289.00 - 295.33
52-Week Range	241.29 - 328.99
Beta	undefined

About CDNS

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform ...

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Industry Software - Application

Sector Technology

IPO Date Jun 10, 1987

Employees 12,703

Stock Exchange NASDAQ

Ticker Symbol CDNS

Website https://www.cadence.com

Analyst Forecast

According to 14 analyst ratings, the average rating for CDNS stock is "Buy." The 12-month stock price forecast is $350, which is an increase of 19.10% from the latest price.

Buy 85.71%

Hold 7.14%

Sell 7.14%

Stock Forecasts

Next Earnings Release

Cadence Design Systems Inc. is scheduled to release its earnings on Feb 18, 2025, after market closes.
Analysts project revenue of $1.35B, reflecting a 26.29% YoY growth and earnings per share of 1.83, making a 32.61% increase YoY.

Why Price Moved

3 weeks ago · Source

-3.25%

Shares of stocks in the broader software sector ar... Unlock content with Pro Subscription

1 month ago · Source

+3.6%

Shares of stocks in the broader software sector are trading higher. Some names may be moving following better-than-expected earnings from Salesforce and Okta.

News

1 day ago · zacks.com

Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know

Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

2 days ago · https://thefly.com

Onto Innovation named 2025 Top Pick, added to Conviction List at Needham

Onto Innovation -2.615 (-1.36%) TSMC +1.25 (+0.60%) Cadence Design -3.68 (-1.22%)

4 days ago · zacks.com

Is Cadence (CDNS) a Buy as Wall Street Analysts Look Optimistic?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employe...

6 days ago · zacks.com

Cadence Design Systems (CDNS) Rises Higher Than Market: Key Facts

Cadence Design Systems (CDNS) reachead $302.73 at the closing of the latest trading day, reflecting a +0.35% change compared to its last close.

1 week ago · zacks.com

Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know

Cadence Design Systems (CDNS) closed at $308.14 in the latest trading session, marking a +1.41% move from the prior day.

1 week ago · businesswire.com

Cadence Announces Fourth Quarter and Fiscal Year 2024 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its fourth quarter and fiscal year 2024 financial results webcast on Tuesday, February 18, 2025.

2 weeks ago · zacks.com

2 Top Tech Stocks to Buy in 2025 for Long-Term AI Growth (CDNS, ANET)

Two great tech stocks (CDNS and ANET) for investors to buy as soon as they go on sale in 2025 for long-term AI upside.

2 weeks ago · zacks.com

Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It

Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

3 weeks ago · zacks.com

Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today

Cadence Design Systems (CDNS) closed the most recent trading day at $304.41, moving +0.98% from the previous trading session.

3 weeks ago · zacks.com

CDNS Rises 10% YTD: Should Investors Add the Stock to Their Portfolio?

Demand for Cadence's robust product portfolio amid increasing design activity is promising, but external risks keep us on the sidelines.

4 weeks ago · zacks.com

Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market

Cadence Design Systems (CDNS) concluded the recent trading session at $311.35, signifying a -0.68% move from its prior day's close.

4 weeks ago · zacks.com

Brokers Suggest Investing in Cadence (CDNS): Read This Before Placing a Bet

4 weeks ago · zacks.com

Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know

Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago · businesswire.com

Cadence Appoints Moshe Gavrielov to Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence appointed Moshe Gavrielov to its board of directors, effective January 1, 2025.

1 month ago · zacks.com

Will Strategic Partnerships Boost Cadence's Stock Performance?

CDNS and Rapidus collaborate on 2nm GAA BSPDN technology to fuel the next generation of semiconductor design and manufacturing.

1 month ago · businesswire.com

Cadence and Rapidus Collaborate on Leading-Edge 2nm Semiconductor Solutions for AI and HPC Applications

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence and Rapidus are collaborating to provide co-optimized AI-driven reference design flows and a broad IP portfolio for Rapidus' 2nm process.

1 month ago · seekingalpha.com

Cadence Design Systems, Inc. (CDNS) 51st Annual NASDAQ Morgan Stanley Investor Conference (Transcript)

Cadence Design Systems, Inc. (NASDAQ:CDNS ) 51st Annual NASDAQ Morgan Stanley Investor Conference December 10, 2024 4:00 AM ET Company Participants Anirudh Devgan - CEO Conference Call Participants Le...

1 month ago · zacks.com

Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock

Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

1 month ago · zacks.com

CDNS & ASTS Partner to Boost Space-Based Cellular Broadband Network

Cadence's advanced tools, flows and IP portfolio are leveraged by ASTS for its AST5000 ASIC chip, which forms the basis of AST SpaceMobile's BlueBird program.

1 month ago · businesswire.com

Cadence's Anirudh Devgan to Present at Nasdaq Investor Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Anirudh Devgan to Present at Nasdaq Investor Conference.

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