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Cadence Design Systems Inc

CDNS
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330.560USD
-6.450-1.91%
Close 07-23 16:00ETQuotes delayed by 15 min
91.17BMarket Cap
76.61P/E TTM

Cadence Design Systems Inc

330.560
-6.450-1.91%
View Detailed Chart
TradingKey Chart
Intraday
1m
30m
1h
D
W
M
D

Today

-1.91%

5 Days

-9.35%

1 Month

-12.79%

6 Months

+3.85%

Year to Date

+5.75%

1 Year

+1.26%

Key Figures
335.200Open
340.290High
2.14MVolume
76.61P/E TTM
35.04P/E Dynamic
--Dividend TTM
0.78%Turnover Ratio
337.010Prev. Close
328.870Low
551.50MTurnover
86.38P/E Static
13.90P/B
0.00%Div Yield TTM
11.09%ROA
383.80052wk High
0.78Volume Ratio
1.06BNet Profit
275.82MShares
4.3147EPS TTM
1.15Beta
20.66%ROE
262.74952wk Low
3.39%Amplitude
84.08%Gross Margin
91.17BMarket Cap
-4.70Reward/Risk
2.02%Risk Rate

Key Insights

Cadence Design Systems Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 5 out of 485 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 397.23.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Cadence Design Systems Inc's Score

Industry at a Glance

Industry Ranking
5 / 485
Overall Ranking
15 / 4547
Industry
Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

48°C

Very Low
Very High
Neutral

Cadence Design Systems Inc Highlights

StrengthsRisks
Cadence Design Systems, Inc. is an electronic systems designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 29.51% year-on-year.
Fairly Valued
The company’s latest PE is 76.59, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 248.39M shares, decreasing 3.97% quarter-over-quarter.
Held by Manning & Napier Group, LLC
Star Investor Manning & Napier Group, LLC holds 274.80K shares of this stock.

Analyst Rating

Based on 26 analysts
Buy
Current Rating
397.227
Target Price
+15.26%
Upside Space

Cadence Design Systems Inc News

More news coming soon, stay tuned...

Earnings Forecast

Analyst Rating

Based on 26 analysts
Buy
Current Rating
397.227
Target Price
+15.26%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

221
Total
8
Median
13
Average
Company name
Ratings
Analysts
Cadence Design Systems Inc
CDNS
26
Microsoft Corp
MSFT
60
Palo Alto Networks Inc
PANW
57
CrowdStrike Holdings Inc
CRWD
55
Datadog Inc
DDOG
50
ServiceNow Inc
NOW
50
1
2
3
...
44

Indicators

Indicators
Sell(3)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-10.377
Sell
RSI(14)
33.438
Neutral
STOCH(KDJ)(9,3,3)
19.817
Neutral
ATR(14)
15.297
High Vlolatility
CCI(14)
-100.489
Sell
Williams %R
85.352
Oversold
TRIX(12,20)
-0.375
Sell
StochRSI(14)
49.677
Neutral
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
334.430
Sell
MA10
354.719
Sell
MA20
364.922
Sell
MA50
372.959
Sell
MA100
339.078
Sell
MA200
327.834
Buy

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Cadence Design Systems Inc Info

Cadence Design Systems, Inc. is an electronic systems designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
Ticker SymbolCDNS
CompanyCadence Design Systems Inc
CEODevgan (Anirudh H)
Websitehttps://www.cadence.com/en_US/home.html

Shareholders

Shareholders
Shareholders
Proportion
Vanguard Capital Management, LLC
6.46%
BlackRock Institutional Trust Company, N.A.
5.56%
State Street Investment Management (US)
4.57%
Fidelity Management & Research Company LLC
3.36%
Geode Capital Management, L.L.C.
2.77%
Other
77.29%

FAQs

What is the current price of Cadence Design Systems Inc (CDNS)?

The current price of Cadence Design Systems Inc (CDNS) is 330.56.

What is the symbol of Cadence Design Systems Inc?

The ticker symbol of Cadence Design Systems Inc is CDNS.

What is the 52-week high of Cadence Design Systems Inc?

The 52-week high of Cadence Design Systems Inc is 383.80.

What is the 52-week low of Cadence Design Systems Inc?

The 52-week low of Cadence Design Systems Inc is 262.75.

What is the market capitalization of Cadence Design Systems Inc?

The market capitalization of Cadence Design Systems Inc is 91.17B.

Is Cadence Design Systems Inc (CDNS) currently rated as Buy, Hold, or Sell?

According to analysts, Cadence Design Systems Inc (CDNS) has an overall rating of Buy, with a price target of 397.23.

What is the Earnings Per Share (EPS TTM) of Cadence Design Systems Inc (CDNS)?

The Earnings Per Share (EPS TTM) of Cadence Design Systems Inc (CDNS) is 4.09.
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