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304.01
1.46%
4.38
Pre-market:
303.00
-1.01
-0.33%
Cadence Design Systems Inc stock is traded at $304.01, with a volume of 1.69M.
It is up +1.46% in the last 24 hours and up +17.60% 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:
$299.63
Open:
$298.7
24h Volume:
1.69M
Relative Volume:
0.92
Market Cap:
$81.91B
Revenue:
$4.35B
Net Income/Loss:
$1.04B
P/E Ratio:
86.61
EPS:
3.51
Net Cash Flow:
$952.07M
1W Performance:
-0.80%
1M Performance:
+17.60%
6M Performance:
+3.95%
1Y Performance:
+12.49%
1-Day Range:
$296.06
$305.23
1-Week Range:
$287.49
$306.19
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 | 304.01 | 81.91B | 4.35B | 1.04B | 952.07M | 3.51 |
| CRM | 325.70 | 309.29B | 36.47B | 5.63B | 11.46B | 1.59 |
| SAP | 235.02 | 271.00B | 36.09B | 2.98B | 7.67B | 5.2918 |
| NOW | 1,022.98 | 209.86B | 10.46B | 1.34B | 3.35B | 7.72 |
| INTU | 650.60 | 180.93B | 16.29B | 2.96B | 4.63B | 8.44 |
| UBER | 69.60 | 146.00B | 41.96B | 4.40B | 5.96B | -0.22 |
Cadence Design Systems Inc Stock (CDNS) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| 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
CDNS (Cadence Design Systems) GF Value Rank : 6 (As of Nov. 20, 2024) - GuruFocus.com
CDNS (Cadence Design Systems) Earnings Yield % : 1.25% (As of Nov. 20, 2024) - GuruFocus.com
CDNS (Cadence Design Systems) Momentum Rank : 5 (As of Nov. 20, 2024) - GuruFocus.com
Goldman Sachs’ Top Growth Investors: 34 Stocks With The Highest Investment For Growth - Insider Monkey
Are Wall Street Analysts Predicting Cadence Design Stock Will Climb or Sink? - MSN
Pathstone Holdings LLC Raises Holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Cadence Design Systems (CDNS) Fell Despite Reporting Strong Results - Insider Monkey
Premier Fund Managers Ltd Purchases 8,929 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Jennison Associates LLC Acquires 198,230 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Cadence Design Systems, Inc. (NASDAQ:CDNS) Shares Purchased by Segall Bryant & Hamill LLC - MarketBeat
PNC Financial Services Group Inc. Grows Stock Position in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Banque Cantonale Vaudoise Sells 1,916 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Cadence design systems director sells $447,675 in stock - Investing.com
Cadence design systems director sells $447,675 in stock By Investing.com - Investing.com UK
Cadence Design Systems Inc. stock outperforms competitors on strong trading day - MarketWatch
Fortune and Great Place to Work(R) Name Cadence One of the World’s Best Workplaces(TM) in 2024, Ranking No. 9 - AccessWire
Cadence Design Systems Named Among World's Top 10 Best Workplaces for 2024 | CDNS Stock News - StockTitan
Fortune and Great Place to Work® Name Cadence One of the World's Best Workplaces™ in 2024, Ranking No. 9 - ReportAlert.info
Fortune and Great Place to Work® Name Cadence One of the World’s Best Workplaces™ in 2024, Ranking No. 9 - 3BL Media
Lindenwold Advisors INC Has $1.71 Million Stock Position in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Cadence Design Systems, Inc. (NASDAQ:CDNS) Given Average Recommendation of "Moderate Buy" by Brokerages - MarketBeat
Semiconductor Fabrication Software Market to Grow by USD 984.91 Million (2024-2028), Driven by Increased Design Complexity, with AI Driving Market TransformationTechnavio - cnhinews.com
If You Invested $1000 in Cadence Design Systems 10 Years Ago, This Is How Much You'd Have Now - Yahoo Finance
GLOBALT Investments LLC GA Has $3.19 Million Stock Holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Cadence Design Systems, Inc. (NASDAQ:CDNS) Shares Acquired by Natixis Advisors LLC - MarketBeat
Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Recent Stock Performance Tethered To Its Strong Fundamentals? - Yahoo Finance
Cadence Design Systems, Inc. (NASDAQ:CDNS) Sees Significant Growth in Short Interest - MarketBeat
Los Angeles Capital Management LLC Sells 16,312 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Central Asset Investments & Management Holdings HK Ltd Sells 6,264 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
CIBC Asset Management Inc Has $23.01 Million Stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Product Engineer IICadence Design Systems - Built In
Cadence Design Systems Inc. stock underperforms Friday when compared to competitors - MarketWatch
First Long Island Investors LLC Acquires New Stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
KBC Group NV Has $34.78 Million Holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Cadence Design Systems (CDNS): Loop Capital Sees Gold in EDA and IP Investments - Insider Monkey
Cadence Design Systems, Inc. (NASDAQ:CDNS) Shares Sold by Sigma Planning Corp - MarketBeat
Cadence Design Systems Inc. stock outperforms competitors despite losses on the day - MarketWatch
Fortune and Great Place To Work® Name Cadence One of the World’s Best Workplaces™ in 2024, Ranking No. 9 - Business Wire
Atria Investments Inc Sells 2,659 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
There Are Reasons To Feel Uneasy About Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital - Yahoo Finance
Geneva Capital Management LLC Purchases 4,384 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Cadence Design Systems, Inc. (NASDAQ:CDNS) Shares Sold by Victory Capital Management Inc. - MarketBeat
Sumitomo Mitsui Trust Group Inc. Boosts Holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Loop Capital Initiates Coverage of Cadence Design Systems (CDNS) with Buy Recommendation - Nasdaq
Loop Capital Initiates Coverage of Cadence Design Systems (LSE:0HS2) with Buy Recommendation - Nasdaq
Cadence Design Systems Inc. stock underperforms Tuesday when compared to competitors - MarketWatch
Loop Capital Initiates Coverage of Cadence Design Systems (WBAG:CDNS) with Buy Recommendation - Nasdaq
Cadence Design stock target set with Buy rating on growth potential - Investing.com
Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It - Yahoo Finance
Crossmark Global Holdings Inc. Has $4.14 Million Stock Position in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Cadence Design Systems Inc Stock (CDNS) Financials Data
Revenue
Net Income
Cash Flow
EPS
10.05%
0.62%
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