Cadence Design Systems, Inc. (CDNS)
|Net Income (ttm)||775.14M|
|Day's Range||163.26 - 167.58|
|52-Week Range||132.32 - 194.97|
|Price Target||200.23 (+22.5%)|
|Earnings Date||Oct 24, 2022|
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 for chip verification. The company also provides digital IC design and sign off products, including ... [Read more...]
In 2021, CDNS's revenue was $2.99 billion, an increase of 11.38% compared to the previous year's $2.68 billion. Earnings were $695.96 million, an increase of 17.83%.Financial Statements
According to 19 analysts, the average rating for CDNS stock is "Buy." The 12-month stock price forecast is 200.23, which is an increase of 22.52% from the latest price.
Cadence Design Systems and Synopsys should benefit from continued strong demand for their chip design tools for years to come, an analyst says. The post Why These Chip Design Stocks Just Got Fresh Buy R...
As bear market mauls Semis and NVDA, the King of Chip Design has sustainable orders going out years
Here are four top-ranked liquid stocks, Cadence (CDNS), Cavco (CVCO), Lattice Semiconductor (LSCC) and Pure Storage (PSTG), which investors can add to their portfolio for returns.
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Computer Software industry participants like Synopsys (SNPS), Cadence Design Systems (CDNS) and DecisionPoint (DPSI) benefit from steady digital transformations and strong adoption of cloud computing.
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Cadence Design Systems (CDNS) launches Verisium Artificial Intelligence (AI)-Driven Verification Platform to optimize verification workload.
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced the Verisium AI-Driven Verification Platform, a suite of applications leveraging big data and AI to accelerate verification.
New Cadence Joint Enterprise Data and AI Platform Dramatically Accelerates AI-Driven Chip Design Development
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced the new Cadence(R) Joint Enterprise Data and AI (JedAI) Platform, which dramatically accelerates AI-driven chip design development.
Cadence (CDNS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Here we present five tech stocks - SNPS, VSH, CDNS, PSTG and FTNT - which are poised to perform well in the rest of 2022 despite a volatile market.
SAN JOSE, Calif. & SANTA FE, N.M.--(BUSINESS WIRE)--Cadence Design Systems, Inc. announced that it has completed the acquisition of OpenEye Scientific Software, Inc. (“OpenEye”).
Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?
SAN JOSE, Calif. & HSINCHU, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (UMC), a leading global semiconductor foundry, and Cadence Design Systems, Inc. (Nasdaq: ...
Cadence Design Systems (CDNS) and GlobalFoundries (GF) collaborate to accelerate 5G mobile design.
We have narrowed our search to five Nasdaq Composite listed technology bigwigs with strong growth potential for the rest of 2022. These are: FTNT, CDNS, INTU, TXN and PANW.
Cadence Design stock is up about 30% over the past year as it finds itself in the right markets at the most opportune time. The post This Software Designer Finds Itself In Right Place At Right Time appe...
SAP SE (SAP) is selling off its Litmos solutions due to overlap in functionality with SuccessFactors Learning solution
Cadence (CDNS) possesses solid growth attributes, which could help it handily outperform the market.