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Cadence Design Syste
317.36
+0.67%
 

CDNS

 

Cadence Design Systems

$ 317.36

 
+$2.12 | +0.67%
 
 
Open
$ 315.24
 
 
MKT CAP
$ 86.38B
 
High
$ 320.78
 
 
VOL
$ 1.12M
 
Low
$ 313.96
 
 
AVG VOL
$ 1.56M
 
 
 

CDNS Stock Analysis

  Login to display Cadence Design Systems (CDNS) recommendation from the last 90 days from financial news and social media.
 
 

CDNS Total Score

 
 

Strengths

CDNS Rewards

 Investors confidence is positive

CDNS Rewards

 Analysts raised price target

 

Technical Indicators

CDNS Technical Indicators

 Aroon Up crosses above Aroon Down

 
 

Chart

 
 

295.73

257.68

238.64

196.4

 
 
1month
3month
6month
1year
 
Total Return
CDNS
vs.
S&P500
 

 
1-week Return
+5.78%
 
+1.04%
 
 
5-week Return
+9.16%
 
+4.91%
 
 
10-week Return
+15.69%
 
+7.60%
 
 
 

CDNS Risk Level

This Indicator assigning CDNS risk levels based on factors such as volatility, sector strength, trading volume, investor confidence and market outlook.

 
CDNS Risk Level
LOW
HIGH

Risk Volatility

 

CDNS has Low Risk Level

Click here to check what is your level of risk

 

CDNS Analysts Opinion

CDNS overall standing based on key factors, offering insights into analysts perspectives and market expectations.
Hover over the category for more information

 
 

Earnings

×
 

Earnings

3.60
 

CDNS Earnings Sentiment

 Above analyst estimates

 
 

Rating

×
 

Rating

NA
 
 

Momentum

×
 

Momentum

3.00
 

CDNS Momentum Analysis

 Price value has negative momentum

 

Activity

×
 

Activity

3.75
 

CDNS Activity Sentiment

 Investors confidence is positive

 

Future

×
 

Future

2.60
 

CDNS Future Sentiment

 Analysts raised price target

 
 

CDNS Analysts Opinion

CDNS Analysts opinion is negative and it remained unchanged from the past 3 months

 

CDNS Street Consensus

Analysts perspectives on the stock desirability, trend direction, and growth potential.

 
66%
Buy
Opinion
Trend
Score
Potential
Score
 
 
NA
50%
47%
 
On Track
On Track
On Track
 

CDNS Street Opinion 

CDNS Street view is bullish but have mixed views on the near-term outlook

 

CDNS Performance Sentiment

Sentiments overview associated with CDNS events and the stock performance.
 
66%
32%
Positive
Negative
29 out of 44
events present
14 out of 44
events present
 
Very Bullish
Bullish
Neutral
Bearish
Very Bearish
 

CDNS Earnings

The TTM reflects 12-month period, providing review of CDNS financial performance.

 
Millions of Dollars
TTM
2022
2021
CAGR
 

 
Total Revenue
3,921
3,562
2,988
+14.55%
 
 
Cost of Revenue
424
372
307
+17.52%
 
 
Gross Profit
3,497
3,190
2,681
+14.21%
 
 
Operating Exp
2,359
2,116
1,903
+11.34%
 
 
Operating Inc
1,137
1,074
778
+20.89%
 
 
Net Interest Inc
-9
-13
-14
-
 
 
Interest Exp
36
23
17
+45.52%
 
 
Interest Inc
27
10
3
+200.00%
 
 
Other Income
2
-16
5
-36.75%
 
 
EPS
3.55
3.13
2.54
+18.22%
 
 
Next Earnings Date: Apr 22, 2024
 
 
Similar to CDNS
Total Score
Close Price
%
Change

SPLK

Splunk

N/A

156.22

+0.04%

 

SNPS

Synopsys

3.41

594.32

+0.50%

 

MANH

Manhattan Associates Inc.

3.54

255.39

-0.53%

 

INTU

Intuit

3.06

668.41

+0.28%

 

CRM

Salesforce

3.73

314.64

-0.71%

 
 
 
Highlights
Last Modify
Price
% Change

 
Agreements
This Week
303.69
+0.05%
 
Agreements
2 Weeks Ago
295.67
-1.69%
 
Weak Earnings
2 Weeks Ago
300.74
+2.18%
 
Strong Earnings
2 Weeks Ago
294.33
-4.00%
 
Investors Selling
2 Month Ago
296.55
+2.08%
 
 
 
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Disclaimer: The Score performance whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The Readiness Indicators, Sentiment Indicators and total score are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. Active trading is generally not appropriate for someone of limited resources, limited invesment or trading experience, or low-risk tolerance. Your capital may be at risk.

Please note that no offer or solicitation to buy or sell securities, securities derivatives of future products of any kind, or any type of trading or invesment advise, recommendation or strategy, is made, given or endorsed by StocksRunner including any of their affiliates ("TS").

This information is provided for illustrative purposes only. You should not rely on any advice and/or information contained in this website and before making any investment decision. we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

 
 
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StocksRunner

Get the pulse of the market

 
StocksRunner
 
 

Most Trending

 

-7.16%

 
 

-2.54%

 
 

+13.55%

 
 
 
 
 
 

Stock Insights

 
 
 
 

Strengths

 

CDNS Rewards

 Investors confidence is positive

CDNS Rewards

 Analysts raised price target

 

Technical Indicators

 

CDNS Technical Indicators

 Aroon Up crosses above Aroon Down

 
 
 

CDNS Risk Level

 
 
 

The Indicator assigning CDNS risk levels based on factors such as volatility, sector strength, trading volume, investor confidence and market outlook.

 
 
CDNS Risk Level
LOW
HIGH

Risk Volatility

 

CDNS has Low Risk Level. Click here to check what is your level of risk

 
 
 
 

Stock Analysis

 
 
 
 

CDNS

 

Cadence Design Systems

$ 317.36

 
+$2.12 | +0.67%
 
  Overview  
 
  Chart  
 
  Earnings  
 
  Sentiment  
 
  News  
 
  Updates  
 

 
joker
 
 
 
Open
$ 315.24
 
 
MKT CAP
$ 86.38B
 
High
$ 320.78
 
 
VOL
$ 1.12M
 
Low
$ 313.96
 
 
AVG VOL
$ 1.56M
 
 
 

CDNS Analysis

  Sign in to view Cadence Design Systems (CDNS) recommendation from the last 90 days from financial news and social media.
 
 

Chart

 
 

295.73

257.68

238.64

196.4

 
 
1month
3month
6month
1year
 
Total Return
CDNS
vs.
S&P500
 

 
1-week Return
+5.78%
 
+1.04%
 
 
5-week Return
+9.16%
 
+4.91%
 
 
10-week Return
+15.69%
 
+7.60%
 
 
 

CDNS Analysts Opinion

CDNS Overall standing by considering key factors, reflecting analysts perspectives and market expectations.
Hover over the category for more information

 
 

Earnings

×
 

Earnings

3.60
 

CDNS Earnings Sentiment

 Above analyst estimates

 
 

Rating

×
 

Rating

NA
 
 

Momentum

×
 

Momentum

3.00
 

CDNS Momentum Sentiment

 Price value has negative momentum

 

Activity

×
 

Activity

3.75
 

CDNS Activity Sentiment

 Investors confidence is positive

 

Future

×
 

Future

2.60
 

CDNS Future Sentiment

 Analysts raised price target

 
 

CDNS Analysts Opinion

CDNS Analysts opinion is negative and it remained unchanged from the past 3 months

 

CDNS Street Consensus

Analysts perspectives on the stock desirability, trend direction, and growth potential.

 
66%
Buy
Opinion
Trend
Score
Potential
Score
 
 
NA
50%
47%
 
On Track
On Track
On Track
 

CDNS Street Opinion 

CDNS Street view is bullish but have mixed views on the near-term outlook

 
CDNS Performance Sentiment
Sentiments overview associated with CDNS events and the stock performance.
 
66%
32%
Positive
Negative
29 out of 44
events present
14 out of 44
events present
 
Very Bullish
Bullish
Neutral
Bearish
Very Bearish
 

CDNS Earnings

The TTM data reflects the most recent 12-month period, providing overview of CDNS financial performance.

 
Millions of Dollars
TTM
2022
2021
CAGR
 

 
Total Revenue
3,921
3,562
2,988
+14.55%
 
 
Cost of Revenue
424
372
307
+17.52%
 
 
Gross Profit
3,497
3,190
2,681
+14.21%
 
 
Operating Exp
2,359
2,116
1,903
+11.34%
 
 
Operating Inc
1,137
1,074
778
+20.89%
 
 
Net Interest Inc
-9
-13
-14
-
 
 
Interest Exp
36
23
17
+45.52%
 
 
Interest Inc
27
10
3
+200.00%
 
 
Other Income
2
-16
5
-36.75%
 
 
EPS
3.55
3.13
2.54
+18.22%
 
 
Next Earnings Date: Apr 22, 2024
 
Highlights
Last Modify
Price
% Change

 
Agreements
This Week
303.69
+0.05%
 
Agreements
2 Weeks Ago
295.67
-1.69%
 
Weak Earnings
2 Weeks Ago
300.74
+2.18%
 
Strong Earnings
2 Weeks Ago
294.33
-4.00%
 
Investors Selling
2 Month Ago
296.55
+2.08%
 
 
CDNS Latest News Feed

Cadence Design Syss Options: A Look at What the Big Money is Thinking. Financial giants have made a conspicuous bearish move on Cadence Design Sys. Our analysis of options history for Cadence Design Sys (NASDAQ:) revealed 15 unusual trades.Delving into the details we found 20% of traders were ish while 80% showed bearish tendencies. Out of all the trades we spotted 2 were puts with a value of $70420 and 13 were calls valued at $573301.After evaluating the trading volumes and Open Interest it'.s evident that the major market movers are focusing on a price band between $280.0 and $410.0 for Cadence Design Sys spanning the last three months.Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.This data can help you track the liquidity and interest for Cadence Design Sys'.s options for a given strike price.Below we can observe the evolution of the volume and open interest of calls and puts respectively for all of Cadence Design Sys'.s whale activity within a strike price range from $280.0 to $410.0 in the last ...

Today

Potential

Cadence Design Systems (CDNS) Stock Falls Amid Market Uptick: What Investors Need to Know. In the latest trading session Cadence Design Systems (CDNS) closed at $300.01 marking a -1.21% move fr

Tue Feb 27, 2024

Momentum

Comparative Study: Workday And Industry Competitors In Software Industry. In the dynamic and cutthroat world of business conducting thorough company analysis is essential for investors and industry experts. In this article we will undertake a comprehensiv

Mon Feb 26, 2024

Activity

1 Hot Stock for 2024 With a Potential Nvidia AI Partnership. Cadence Design Systems (NASDAQ: CDNS) -- a leader in semiconductor and computing system design software -- has been booming. Shares are up nearly 60% in the last 12 months including a

Sun Feb 25, 2024

Activity

Cadence Design Systems (CDNS) Price Target Increased by 11.56% to 328.78. The average one-year price target for Cadence Design Systems (NasdaqGS:CDNS) has been revised to 328.78 / share. This is an increase of 11.56% from the

Sat Feb 24, 2024

Potential

of the Day: Cadence Design Systems Inc. (CDNS). Cadence Design Systems Inc. (CDNS) stock provides investors the chance to buy into the booming world of AI and semiconductors. More importantly

Fri Feb 23, 2024

Activity
Potential

Performance Comparison: Palantir Technologies And Competitors In Software Industry. In today'.s rapidly changing and fiercely competitive business landscape it is essential for investors and industry enthusiasts to thoroughly analyze companies. In thi

Wed Feb 21, 2024

Activity

Understanding Intuits Position In Software Industry Compared To Competitors. In today'.s rapidly evolving and fiercely competitive business landscape it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In th

Thu Feb 15, 2024

Activity

Cadence Design Stock Drops 4% on Lower-Than-Expected Q1 Guidance. Shares of Cadence Design Systems (NASDAQ: CDNS) declined 4% on Tuesday following the electronics design specialists release on the prior afternoon of its fourth-quarter 2023 repor

Wed Feb 14, 2024

Earnings
Momentum
Potential

Cadence (CDNS) Q4 Earnings & Revenues Top Estimates Up Y/Y. Cadence Design Systems CDNS posted fourth-quarter 2023 non-GAAP earnings of $1.38 per share which beat the Zacks Consensus Estimate b

Tue Feb 13, 2024

Earnings

Cadence Design Systems Analysts Raise Their Forecasts After Q4 Results. ) reported better-than-expected fourth-quarter financial results on Monday. Cadence Design posted adjusted earnings of $1.38 per share beating market estimates of $1.33 per share. Th

Tue Feb 13, 2024

Activity
Earnings
Potential

Cadence Design Systems Non-GAAP EPS of $1.38 beats by $0.05 revenue of $1.07B beats by $10M.

Mon Feb 12, 2024

Earnings

Cadence Design Systems Q4 Profit Increases beats estimates. (RTTNews) - Cadence Design Systems (CDNS) revealed a profit for its fourth quarter that increased from last year and beat the Street estimates.

Mon Feb 12, 2024

Earnings

cadence design syss options frenzy: what you need to know. investors with a lot of money to spend have taken a bearish stance on ). and retail traders should know. we noticed this today when the positions showed up on publicly available options history

Fri Feb 2, 2024

Activity
Activity
Potential

heres why cadence design systems (cdns) is a strong momentum stock. it doesnt matter your age or experience: taking full advantage of the stock market and investing with confidence are common g

Thu Feb 1, 2024

Momentum

cadence design systems inc. (cdns) is a trending stock: facts to know before betting on it. cadence design systems (cdns) is one of the stocks most watched by zacks.com visitors lately. so it m

Thu Feb 1, 2024

Activity

heres how much a $1000 investment in cadence design systems made 10 years ago would be worth today. for most investors how much a stocks price changes over time is important. this factor can im

Mon Jan 29, 2024

Activity

heres why cadence design systems (cdns) is a strong growth stock. it doesnt matter your age or experience: taking full advantage of the stock market and investing with confidence are common goa

Mon Jan 29, 2024

Potential

a closer look at cadence design syss options market dynamics. financial giants have made a conspicuous bearish move on cadence design sys. our analysis of options history for cadence design sys (nasdaq:) revealed 14 unusual trades. delving into the detai

Wed Jan 24, 2024

Potential

cdns crosses above average analyst target. in recent trading shares of cadence design systems inc (symbol: cdns) have crossed above the average analyst 12-month target price of $283.40 changing hands for $292.14/share. when a stock reaches the

Mon Jan 22, 2024

Potential
Potential

cadence design syss options frenzy: what you need to know. investors with a lot of money to spend have taken a ish stance on ). and retail traders should know. we noticed this today when the positions showed up on publicly available options history that

Fri Jan 19, 2024

Activity
Potential

agree to buy cadence design systems at $270 earn 19.9% annualized using options. investors considering a purchase of cadence design systems inc (symbol: cdns) shares but cautious about paying the going market price of $276.16/share might ben

Thu Jan 18, 2024

Activity
Potential

cadence design siemens also bid for ansys before deal with synopys - cnbc.

Tue Jan 16, 2024

Activity

cadence design systems (cdns) surpasses market returns: some facts worth knowing. in the latest trading session cadence design systems (cdns) closed at $268.50 marking a 0.64% move from the pre

Fri Jan 12, 2024

Momentum

cadence design systems (cdns) rises as market takes a dip: key facts. cadence design systems (cdns) closed the latest trading day at $266.79 indicating a 1.34% change from the previous sessions

Thu Jan 11, 2024

Momentum

cadence design systems: boosted confidence in resilience to macro headwinds.

Wed Jan 10, 2024

Potential

cadence (cdns) expands portfolio through invecas acquisition. cadence design systems cdns recently acquired california-based embedded software and system-level solutions provider invecas inc. f

Tue Jan 9, 2024

Activity

cadence acquires invecas. (rttnews) - cadence design systems inc. (cdns) on monday announced that it has acquired invecas inc. a provider of design engineering embedded software and system-level solutions headquartered in santa clara california.

Mon Jan 8, 2024

Activity

(cdns) - analyzing cadence design syss short interest. ) short percent of float has risen 6.82% since its last report. the company recently reported that it has

Mon Jan 8, 2024

Momentum

cadence design systems (cdns) stock falls amid market uptick: what investors need to know. in the latest market close cadence design systems (cdns) reached $252.71 with a -1.25% movement compar

Fri Jan 5, 2024

Momentum

 
 
 
 
 

Score Tracker

 
 
 
Based on 44 events in the last 90 days from financial news and social media. Last updated Mar 4, 2024 20:32 Wall St. time
 
 

CDNS Total Score

 
 
 
 
 
 
 
StocksRunner

Discover CDNS Stock analysis and effective trading strategies with StocksRunner. Gain valuable insights into stock performance, market trends, and the future potential of CDNS. We're here to help you make informed investment decisions today.

 

FIND US ON

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Unlock the knowledge that 10,000+ subscribers already cherish. Join for exclusive insights and stay ahead in the stock game! Enter your email to receive daily alerts

 
Market trends

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Informed investment decisions

Stock market insights

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CDNS Stock trends

CDNS Stock performance

CDNS Stock analysis

CDNS investment strategies

Stock strategies

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Financial Reports

 
 

Disclaimer: Past performance, whether from actual results or historical strategy tests, does not guarantee future success. The displayed outcomes are based on strategies not previously available to investors and do not depict the returns achieved by any specific investor. The Readiness Indicators, Sentiment Indicators, and overall score are derived from a model retrospectively applied using historical data. This model relies on assumptions inherent to it, which may or may not be verifiable and carry potential risks, including losses. Engaging in active trading may not be suitable for individuals with limited resources, minimal investment or trading experience, or a low-risk tolerance. Proceed with caution as your capital is exposed to risks.

Please note that no offer or solicitation to buy or sell securities, securities derivatives of future products of any kind, or any type of trading or invesment advise, recommendation or strategy, is made, given or endorsed by StocksRunner including any of their affiliates ("TS").

This information is provided for illustrative purposes only. You should not rely on any advice and/or information contained in this website and before making any investment decision. we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

 
 
 
Post ×
 
0/666
joker