Cadence Design Systems, Inc. (CDNS)
| Market Cap | 39.34B |
| Revenue (ttm) | 2.68B |
| Net Income (ttm) | 590.64M |
| Shares Out | 273.73M |
| EPS (ttm) | 2.11 |
| PE Ratio | 66.80 |
| Forward PE | 47.62 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | April 20 |
| Last Price | $140.94 |
| Previous Close | $141.94 |
| Change ($) | -1.00 |
| Change (%) | -0.70% |
| Day's Open | 140.59 |
| Day's Range | 140.07 - 142.17 |
| Day's Volume | 1,700,985 |
| 52-Week Range | 73.35 - 149.08 |
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced that the Cadence Pegasus™ Verification System has achieved certification for Samsung Foundry's 5nm and 7nm process technologies.
Cadence Design Systems Inc (NASDAQ: CDNS) has acquired Pointwise, Inc, a mesh generator for computational fluid dynamics (CFD). The financial terms of the transaction were not disclosed.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced that it has acquired Pointwise, Inc., a leader in mesh generation for computational fluid dynamics (CFD).
Cadence (CDNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Announces First Quarter 2021 Financial Results Webcast
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced that it has optimized the Cadence digital 20.1 full flow for Samsung Foundry's advanced-process technologies down to 4nm.
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced the availability of an automotive-optimized Cadence digital full flow for Samsung Foundry's 14LPU process technology.
Cadence's (CDNS) new Palladium Z2 and Protium X2 systems are expected to be generally available from second quarter of 2021.
Here we discuss five enterprise software companies -- MSFT, ADBE, CDNS, VEEV, and UPLD -- which are well poised to gain from coronavirus crisis triggered spend on digital transformation amid proliferati...
As of late, it has definitely been a great time to be an investor of Cadence Design Systems (CDNS)
SAN JOSE, Calif.--(BUSINESS WIRE)-- #SoC--Cadence announces the Palladium Z2 and Protium X2 systems to handle the exponentially increasing system design complexity and time-to-market pressures
Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced that it has collaborated with GLOBALFOUNDRIES (GF) to successfully tape out a Cadence Tensilica test chip on GF's 22FDX platform.
SAN JOSE, Calif. & SANTA CLARA, Calif.--(BUSINESS WIRE)---- $CDNS--GF and Cadence announced a collaboration to facilitate design for manufacturing (DFM) signoff with machine learning (ML) prediction cap...
Cadence Design Systems (NASDAQ:CDNS) has had a particularly good 2020 driven by the acceleration of digitization due to Covid-19 as well as moving generational trends like 5G, artificial intelligence, d...
SAN JOSE, Calif.--(BUSINESS WIRE)--The next-generation Cadence Sigrity X delivers up to 10X faster performance and uncompromised accuracy for today's system-level simulation challenges.
We highlighted five stocks from the ETF that were hit badly in the tech rout but might reverse the trend, given their solid Zacks Rank #1 (Strong Buy) or 2 (Buy) and positive earnings estimate revisions...
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence received a TSMC OIP Ecosystem Forum Customers' Choice award for a paper presented during the TSMC 2020 North America OIP Ecosystem Forum.
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Nimish Modi to Present at Berenberg Conference
Does Cadence Design Systems (CDNS) have what it takes to be a top stock pick for momentum investors? Let's find out.
PTC's IBD SmartSelect Composite Rating climbed to a near-best 96 Monday, up from 94 the day before. The post Top-Rated Stocks: PTC Surges To New High Amid Strong Profit, Sales Growth appeared first on I...
On Monday, Cadence Design Systems got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The post Cadence Design Systems Earns Composite Rating Upgrade appeared first on Investor's Busin...
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Lip-Bu Tan to Present at Morgan Stanley Conference
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #Aerospace--Cadence Design Systems, Inc. announced that it has completed the acquisition of NUMECA International.
Cadence's (CDNS) Q4 performance reflects gains from continued momentum in the digital & signoff solutions and Verification Suite along with increasing customer base.
Cadence Design Systems Inc. (NASDAQ: CDNS) published its earnings report for the fiscal fourth quarter on Monday that came in better than what analysts had anticipated. Cadence Design Systems' shares we...
Shares of Cadence Design Systems (NASDAQ:CDNS) rose in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 53.70% over the past year to $0.83, which ...
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Reports Fourth Quarter and Fiscal Year 2020 Financial Results
Cadence Design Systems (NASDAQ:CDNS) announces its next round of earnings this Monday, February 22. Here is Benzinga's everything-that-matters guide for this Monday's Q4 earnings announcement.
Cadence's (CDNS) fourth-quarter results are likely to reflect the extending clout of Clarity 3D Solver and CloudBurst Platform offerings. However, stiff competition is a headwind.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced the establishment of the Cadence Design Systems Professorship Fund for the MIT Stephen A. Schwarzman College of Computing.
According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned tech stocks have outperformed the S&P 500 Index over the past 12 months through Jan. 20.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #Aerospace--Cadence entered into a definitive agreement to acquire NUMECA International, a leader in computational fluid dynamics (CFD).
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Stock Market Analysis: Nasdaq Dips, But Weekly Gain Strong; Cadence Design, Chegg In Focus
Stock market analysis: Nasdaq dips as stimulus talks drag, but weekly gains strong; Cadence Design, Chegg in focus. Investor's Business Daily has been helping people invest smarter results by providing ...
Stock Market Analysis: Nasdaq Dips, But Weekly Gain Strong; Cadence Design, Chegg In Focus
Stock market analysis: Nasdaq dips as stimulus talks drag, but weekly gains strong; Cadence Design, Chegg in focus. Investor's Business Daily has been helping people invest smarter results by providing ...
Design software stocks were hopping on Wednesday, including top names Synopsys and Cadence Design Systems. Synopsys stock hit a buy point while Cadence stock was nearing one.
Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Rockley Photonics deployed a set of Cadence system analysis and custom tools to design a state-of-the-art SiP for hyperscale data centers.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #BoardOfDirectors--Cadence Design Systems, Inc. today announced the appointment of Julia Liuson to its board of directors, effective January 4, 2021.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--John Wall, senior vice president and chief financial officer of Cadence, will participate in a fireside chat at the Nasdaq 43rd Investor Conference.
Increased allegiance to safe and cleaner transportation solutions positions tech companies, including NVIDIA (NVDA), Flex (FLEX), Keysight (KEYS), and Cadence (CDNS), to make the most of growing market ...
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Cadence (CDNS).
Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?
Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?
Cadence (CDNS) could produce exceptional returns because of its solid growth attributes.
Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?
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 for chip verification. The company also provides digital IC design products, including Genus logic s... [Read more...]
| Industry Software-Application | IPO Date Jun 10, 1987 |
| CEO Lip-Bu Tan | Employees 8,800 |
| Stock Exchange NASDAQ | Ticker Symbol CDNS |
Financial Performance
In 2020, CDNS's revenue was $2.68 billion, an increase of 14.83% compared to the previous year's $2.34 billion. Earnings were $590.64 million, a decrease of -40.28%.
Analyst Forecasts
According to 15 analysts, the average rating for CDNS stock is "Buy." The 12-month stock price forecast is 150.13, which is an increase of 6.52% from the latest price.