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258.34
4.40%
-11.89
After Hours:
258.34
Cadence Design Systems Inc stock is traded at $258.34, with a volume of 4.20M.
It is down -4.40% in the last 24 hours and down -16.92% 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:
$270.23
Open:
$269.79
24h Volume:
4.20M
Relative Volume:
2.64
Market Cap:
$70.85B
Revenue:
$4.64B
Net Income/Loss:
$1.06B
P/E Ratio:
66.93
EPS:
3.86
Net Cash Flow:
$1.12B
1W Performance:
-12.48%
1M Performance:
-16.92%
6M Performance:
-9.21%
1Y Performance:
-11.15%
1-Day Range:
$256.83
$270.44
1-Week Range:
$256.83
$300.86
52-Week Range:
$241.29
$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
Compare CDNS with other stocks
| Stocks | Price | Market Cap | Revenue | Net Income | Cash Flow | EPS |
|---|---|---|---|---|---|---|
CDNS
Cadence Design Systems Inc
|
258.34 | 70.85B | 4.64B | 1.06B | 1.12B | 3.86 |
|
SAP
Sap Se Adr
|
282.99 | 330.11B | 36.97B | 3.37B | 4.79B | 2.8498 |
|
CRM
Salesforce Inc
|
309.80 | 296.48B | 37.19B | 5.94B | 11.87B | 6.08 |
|
NOW
Servicenow Inc
|
938.41 | 193.77B | 10.98B | 1.43B | 3.38B | 6.83 |
|
ADBE
Adobe Inc
|
444.32 | 193.42B | 21.51B | 5.56B | 7.87B | 12.40 |
|
UBER
Uber Technologies Inc
|
78.89 | 164.80B | 43.98B | 9.86B | 6.90B | 4.56 |
Cadence Design Systems Inc Stock (CDNS) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| Jan-13-25 | Initiated | Redburn Atlantic | Buy |
| Nov-22-24 | Initiated | Wells Fargo | Overweight |
| Nov-12-24 | Initiated | Loop Capital | Buy |
| Oct-22-24 | Initiated | Mizuho | Outperform |
| Oct-15-24 | Initiated | Berenberg | Buy |
| Sep-25-24 | Initiated | Oppenheimer | Underperform |
| Aug-06-24 | Upgrade | Piper Sandler | Neutral → Overweight |
| Apr-04-24 | Initiated | Piper Sandler | Neutral |
| 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: Still Find It Hard To Justify The Premium Valuation Multiple - Seeking Alpha
Cadence Design Systems (CDNS) Posts Strong Q4 Results on AI-Driven Chip Design Demand - Insider Monkey
Should You Buy, Sell or Hold Cadence Stock Post Q4 Earnings? - Yahoo Finance
Cadence's Q4 Earnings & Revenues Surpass Estimates, Surge Y/Y - MSN
Cadence retains strong ratings despite conservative guidance - MSN
Cadence design systems SVP sells $169,073 in stock By Investing.com - Investing.com South Africa
Cadence Design Systems, Inc. (NASDAQ:CDNS) Just Released Its Yearly Results And Analysts Are Updating Their Estimates - Simply Wall St
CADENCE DESIGN SYSTEMS INC SEC 10-K Report - TradingView
Cadence design systems SVP sells $169,073 in stock - Investing.com India
$100 Invested In Cadence Design Sys 15 Years Ago Would Be Worth This Much Today - Benzinga
Why Cadence Design Systems, Inc. (CDNS) Plummeted on Wednesday - MSN
Top 10 AI News Wall Street is Paying Attention To - Insider Monkey
Redburn Atlantic Adjusts Cadence Design Systems Price Target to $335 From $350, Maintains Buy Rating - Marketscreener.com
Cadence Design Systems, Inc. (NASDAQ:CDNS) Q4 2024 Earnings Call Transcript - MSN
Cadence Design Sys Options Trading: A Deep Dive into Market Sentiment - Benzinga
KeyBanc maintains Cadence Design stock at Overweight, $355 target By Investing.com - Investing.com Nigeria
Cadence Design Earnings: China Headwinds Loom, and 2025 Outlook Falls Short of Our Expectations - Morningstar
Cadence Design Systems Q4: Record Backlog, But The Stock Is Overvalued (NASDAQ:CDNS) - Seeking Alpha
AI Should Be Key Revenue Driver for Cadence, While China Revenue Represents Potential Risk - Morningstar
KeyBanc maintains Cadence Design stock at Overweight, $355 target - Investing.com
Cadence retains strong ratings despite conservative guidance (CDNS:NASDAQ) - Seeking Alpha
Piper Sandler Adjusts Cadence Design Systems Price Target to $328 From $318, Maintains Overweight Rating - Marketscreener.com
Deep Dive Into Cadence Design Sys Stock: Analyst Perspectives (5 Ratings) - Benzinga
Deutsche Bank Adjusts Cadence Design Systems Price Target to $343 From $338, Maintains Buy Rating - Marketscreener.com
Rosenblatt Adjusts Price Target on Cadence Design Systems to $295 From $280, Keeps Neutral Rating - Marketscreener.com
Cadence Design Systems Inc (CDNS) Q4 2024 Earnings Call Highlights: Record Backlog and Strong AI Momentum - GuruFocus.com
Cadence Design Systems Inc (CDNS) Q4 2024 Earnings Call Highlights: Record Backlog and Strong ... By GuruFocus - Investing.com Canada
Cadence Design Systems Inc (CDNS) Q4 2024 Earnings Call Highlights: Record Backlog and Strong ... - Yahoo Finance
Cadence: Q4 Earnings Snapshot - Midland Daily News
Cadence Design Systems Achieves Record Backlog and Revenue Growth in 2024 - TipRanks
Cadence forecasts $5.14B-$5.22B revenue in 2025 with robust AI-driven growth - MSN
Cadence reports strong revenue growth but 2025 forecast disappoints investors - SiliconANGLE News
Earnings call transcript: Cadence Design Q4 2024 earnings beat expectations - Investing.com
Cadence Stock Drops as Profit Forecast Disappoints - Wall Street Pit
Cadence Systems: Q4 EPS Tops Forecast - The Motley Fool
Cadence Design Systems Exceeds Q4 2024 Expectations with $1.24 EPS and $1.356 Billion Revenue - GuruFocus.com
Chip design software maker Cadence forecasts annual profit below estimate, shares down - MSN
Cadence Design Systems (CDNS) Q4 Earnings and Revenues Beat Estimates - Nasdaq
Cadence Design Faces Rough Terrain As Forecast Disappoints - Finimize
Cadence Design Systems Q4 Earnings: Revenue Beat, EPS Beat, 'Very Well Positioned' To Benefit From AI, Shares Slide On Soft Guidance - Benzinga
Cadence Design Systems Inc. stock underperforms Tuesday when compared to competitors despite daily gains - MarketWatch
Cadence Design Systems stock falls 5% despite Q4 earnings beat By Investing.com - Investing.com Nigeria
Cadence Design Systems Q4 Non-GAAP Earnings, Revenue Rise; 2025 Outlook Set - Marketscreener.com
Cadence Design Systems stock falls 5% despite Q4 earnings beat - Investing.com
Cadence Q4 results feature record $6.8B backlog, outlook falls short of expectations - Seeking Alpha
(CDNS) Cadence Design Systems, Forecasts Q1 Adjusted EPS Range $1.46$1.52 - Marketscreener.com
Cadence Design Systems Reports Strong Q4 and Fiscal Year 2024 Financial Results - TradingView
Earnings Alert: Cadence Smashes Q4 Targets with 27% Revenue Jump, Sets New Backlog Record - StockTitan
Cadence Set to Release Q4 Earnings: Here's What Investors Should Know - MSN
Cadence Design Systems Stock Outlook: Is Wall Street Bullish or Bearish? - Nasdaq
Cadence Design Systems Q4 2024 Earnings Preview - MSN
Cadence Design Systems Inc Stock (CDNS) Financials Data
Revenue
Net Income
Cash Flow
EPS
7.48%
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