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258.79
0.16%
0.41
After Hours:
258.79
Cadence Design Systems Inc stock is traded at $258.79, with a volume of 2.56M.
It is up +0.16% in the last 24 hours and down -16.34% over the past month.
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
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Previous Close:
$258.38
Open:
$263.04
24h Volume:
2.56M
Market Cap:
$70.43B
Revenue:
$4.16B
Net Income/Loss:
$1.06B
P/E Ratio:
73.73
EPS:
3.51
Net Cash Flow:
$942.55M
1W Performance:
-7.56%
1M Performance:
-16.34%
6M Performance:
-10.99%
1Y Performance:
+10.61%
1D Range:
$257.78
$264.55
52W Range:
$217.77
$328.99
Cadence Design Systems Inc Stock (CDNS) Company Profile
Name
Cadence Design Systems Inc
Sector
Industry
Phone
(408) 943-1234
Address
2655 SEELY AVENUE BLDG 5, SAN JOSE, CA
Cadence Design Systems Inc Stock (CDNS) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| Feb-14-24 | Upgrade | Morgan Stanley | Equal-Weight → Overweight |
| Feb-13-24 | Downgrade | Rosenblatt | Buy → Neutral |
| Nov-10-23 | Initiated | Morgan Stanley | Equal-Weight |
| Jul-20-23 | Upgrade | Stifel | Hold → Buy |
| Jan-17-23 | Upgrade | Atlantic Equities | Neutral → Overweight |
| Dec-16-22 | Upgrade | BofA Securities | Neutral → Buy |
| Sep-29-22 | Initiated | Deutsche Bank | Buy |
| Sep-08-22 | Initiated | Stifel | Hold |
| Aug-17-22 | Initiated | Wolfe Research | Outperform |
| Jun-29-22 | Upgrade | BofA Securities | Underperform → Neutral |
| Feb-23-22 | Upgrade | Berenberg | Hold → Buy |
| Jan-10-22 | Reiterated | BofA Securities | Underperform |
| Dec-14-21 | Downgrade | JP Morgan | Overweight → Neutral |
| Oct-20-21 | Initiated | Needham | Buy |
| Sep-17-21 | Resumed | Rosenblatt | Buy |
| Jun-25-21 | Initiated | Rosenblatt | Buy |
| Jan-11-21 | Downgrade | BofA Securities | Buy → Underperform |
| Jan-05-21 | Upgrade | KeyBanc Capital Markets | Sector Weight → Overweight |
| Dec-09-20 | Upgrade | JP Morgan | Neutral → Overweight |
| May-27-20 | Initiated | UBS | Neutral |
| Apr-22-20 | Upgrade | BofA/Merrill | Neutral → Buy |
| Feb-19-20 | Initiated | Robert W. Baird | Outperform |
| Feb-13-20 | Resumed | The Benchmark Company | Buy |
| Oct-11-19 | Upgrade | Wells Fargo | Market Perform → Outperform |
| Sep-23-19 | Initiated | BofA/Merrill | Neutral |
| Sep-11-19 | Resumed | JP Morgan | Neutral |
| May-15-19 | Initiated | Wells Fargo | Market Perform |
| Apr-10-19 | Resumed | KeyBanc Capital Markets | Sector Weight |
| Mar-14-19 | Reiterated | Needham | Buy |
| Nov-20-18 | Initiated | Berenberg | Hold |
| Oct-23-18 | Upgrade | JP Morgan | Underweight → Neutral |
| Oct-23-18 | Upgrade | The Benchmark Company | Hold → Buy |
| Jul-25-18 | Reiterated | Needham | Buy |
| Jul-24-18 | Reiterated | Griffin Securities | Buy |
| Jul-24-18 | Reiterated | Needham | Buy |
| Apr-24-18 | Upgrade | Needham | Hold → Buy |
| Oct-11-17 | Reiterated | RBC Capital Mkts | Outperform |
| Jul-25-17 | Reiterated | RBC Capital Mkts | Outperform |
View All
Cadence Design Systems Inc Stock (CDNS) Latest News
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next - Yahoo Finance
Yahoo Finance
Brokers Offer Predictions for Cadence Design Systems, Inc.’s Q4 2024 Earnings (NASDAQ:CDNS) - Defense World
Defense World
Brokers Offer Predictions for Cadence Design Systems, Inc.’s Q4 2024 Earnings (NASDAQ:CDNS) - Defense World
Defense World
Cadence Design Systems Inc. stock underperforms Thursday when compared to competitors - MarketWatch
MarketWatch
Cadence Design Systems Enters Oversold Territory (CDNS) - Nasdaq
Nasdaq
Q4 2024 Earnings Estimate for Cadence Design Systems, Inc. Issued By Griffin Securities (NASDAQ:CDNS) - MarketBeat
MarketBeat
Cadence Design Systems Inc Stock (CDNS) Financials Data
Revenue
Net Income
Cash Flow
EPS
Cadence Design Systems Inc Stock (CDNS) Insider Trading
| Insider Trading | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total |
|---|---|---|---|---|---|---|---|
| SANGIOVANNI VINCENTELLI ALBERT | Director |
Jul 15 '24 |
Sale |
314.57 |
1,500 |
471,855 |
46,551 |
| TENG CHIN-CHI | Sr. Vice President |
Jul 01 '24 |
Option Exercise |
78.76 |
10,000 |
787,600 |
105,408 |
| TENG CHIN-CHI | Sr. Vice President |
Jul 01 '24 |
Sale |
305.84 |
10,000 |
3,058,398 |
95,408 |
| Cunningham Paul | Sr. Vice President |
Jul 01 '24 |
Sale |
307.75 |
650 |
200,038 |
65,844 |
| Nisewaner Karna | SVP & General Counsel |
Jul 01 '24 |
Sale |
307.75 |
600 |
184,650 |
19,280 |
| SANGIOVANNI VINCENTELLI ALBERT | Director |
Jun 14 '24 |
Sale |
309.09 |
1,500 |
463,635 |
48,051 |
| Cunningham Paul | Sr. Vice President |
Jun 11 '24 |
Sale |
295.00 |
650 |
191,750 |
66,494 |
| TENG CHIN-CHI | Sr. Vice President |
Jun 06 '24 |
Option Exercise |
120.27 |
32,184 |
3,870,624 |
127,592 |
| TENG CHIN-CHI | Sr. Vice President |
Jun 06 '24 |
Sale |
297.45 |
32,184 |
9,573,183 |
95,408 |
| Nisewaner Karna | SVP & General Counsel |
Jun 03 '24 |
Sale |
287.31 |
600 |
172,386 |
19,880 |
0.84%
0.57%
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