Cadence Design Systems, Inc. (CDNS)
| Market Cap | 37.56B |
| Revenue (ttm) | 2.52B |
| Net Income (ttm) | 1.08B |
| Shares Out | 274.00M |
| EPS (ttm) | 3.86 |
| PE Ratio | 34.91 |
| Forward PE | 48.08 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 15 |
| Last Price | $134.64 |
| Previous Close | $134.64 |
| Change ($) | 0.00 |
| Change (%) | 0.00% |
| Day's Open | 135.34 |
| Day's Range | 132.93 - 136.15 |
| Day's Volume | 1,126,778 |
| 52-Week Range | 54.32 - 137.05 |
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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 ...
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?
We have narrowed down our search to seven Nasdaq Composite stocks that popped more than 50% year to date. These are NVDA, LRCX, TTD, CDNS, TER, TRMB, SNPS.
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 Confe...
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 growi...
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?
As of late, it has definitely been a great time to be an investor in Cadence Design Systems (CDNS).
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our i...
CORK, Ireland--(BUSINESS WIRE)---- $CDNS #EDA--Cadence announced the opening of a new European R&D Centre of Excellence in Cork, Ireland, to expand local computational software development.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Cadence has received four 2020 OIP Partner of the Year awards from TSMC for IP and EDA solutions.
Cadence (CDNS) could produce exceptional returns because of its solid growth attributes.
Cadence's (CDNS) third-quarter 2020 performance was driven by continued strength witnessed in the company's digital & signoff solutions and Verification Suite along with expanding clientele.
Cadence Design Systems, Inc. (CDNS) CEO Lip-Bu Tan on Q3 2020 Results - Earnings Call Transcript
Cadence Design Systems Inc. (NASDAQ: CDNS) published its earnings report for the fiscal third quarter on Monday that highlighted its sales and profit to have jumped on the back of IP sales act...
Cadence (CDNS) delivered earnings and revenue surprises of 14.75% and 4.05%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Electronics design software maker Cadence Design Systems late Monday beat Wall Street's targets for the third quarter. The earnings news drove CDNS stock higher in extended trading.
Shares of Cadence Design Systems (NASDAQ:CDNS) rose 2.2% after the company reported Q3 results. Quarterly Results Earnings per share increased 29.63% year over year to $0.70, which beat the es...
Cadence Design Systems (CDNS) third-quarter results are likely to reflect growing clout of Clarity 3D Solver and CloudBurst Platform offerings. However, stiff competition is a headwind.
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SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Cadence announced that Great Place to Work and Fortune magazine honored the company as one of the 2020 World’s Best Workplaces for the fifth t...
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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)---- $CDNS #EDA--The Cadence Pegasus Verification System achieved the latest Design Rule Manual (DRM) certification for the TSMC N16, N12 and N7 process techno...
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Cadence announced the availability of a complete, silicon-proven Cadence IP supporting the DDR5 and LPDDR5 DRAM memory standards on TSMC's N5 ...
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Cadence IP for GDDR6 is silicon proven on TSMC’s N6, immediately available on both N6 and N7 and forthcoming for TSMC N5 process technologies.
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SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Cadence announced a collaboration with GF that resulted in the availability of a Mixed-Signal OpenAccess PDK that supports GF's 22FDX platform.
Stocks cheered several catalysts and the Dow opened the day firmly in the green. Nasdaq and big tech however lagged.
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.
Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?
A closer look at yesterday's trading pattern revealed that it was profit booking and not any major economic, financial or political factor that led to a meltdown.
Investing Strategies: One-On-One With Cadence CEO; Analysis Of Blank Check IPOs, Large Cap Tech
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ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.
Sandhya Venkateshan, vice president, Finance and Alan Lindstrom, senior group director, Investor Relations, Cadence Design Systems, Inc. (Nasdaq: CDNS).
19 S&P 500 stocks are up more than 50% year to date through Aug. 19. A total of 24 are down 50%.
Cadence's (CDNS) new IP solutions support its Intelligent System Design strategy, which augments system-on-chip (SoC) design expertise.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Cadence announced that its digital full flow and custom tool suite has been optimized for TSMC’s 3nm (N3) process technology.
SAN JOSE, Calif.--(BUSINESS WIRE)--#Cadence announced UltraLink D2D PHY IP availability on TSMC N7, N6 and N5 processes, enabling multi-die designs for hyperscale computing, AI and 5G.
The rapid adoption of Cadence Design Systems' (CDNS) Verification Suite, which includes the Palladium Z1 platform, bodes well for the long haul.
Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?
About CDNS
Cadence Design Systems 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 emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design products; physical implementation tools, including... [Read more...]
| Industry Software-Application | IPO Date Jun 10, 1987 |
| CEO Lip-Bu Tan | Employees 8,100 |
| Stock Exchange NASDAQ | Ticker Symbol CDNS |
Financial Performance
In 2019, CDNS's revenue was $2.34 billion, an increase of 9.27% compared to the previous year's $2.14 billion. Earnings were $988.98 million, an increase of 186.02%.
Analyst Forecasts
According to 15 analysts, the average rating for CDNS stock is "Buy." The 12-month stock price forecast is 126.26, which is a decrease of -6.22% from the latest price.