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Cadence Design Systems Inc

CDNS
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377.270USD
+9.040+2.46%
Close 06/26, 16:00ETQuotes delayed by 15 min
104.06BMarket Cap
87.44P/E TTM

Cadence Design Systems Inc

377.270
+9.040+2.46%
View Detailed Chart
TradingKey 图表
Intraday
1m
30m
1h
D
W
M
D

Today

+2.46%

5 Days

-2.61%

1 Month

+0.91%

6 Months

+18.31%

Year to Date

+20.70%

1 Year

+23.61%

Key Figures
362.250Open
381.900High
3.90MVolume
87.44P/E TTM
39.97P/E Dynamic
--Dividend TTM
1.42%Turnover Ratio
368.230Prev. Close
358.760Low
1.15BTurnover
98.59P/E Static
15.86P/B
0.00%Div Yield TTM
11.09%ROA
383.80052wk High
1.48Volume Ratio
1.06BNet Profit
275.82MShares
4.3147EPS TTM
1.15Beta
20.66%ROE
262.74952wk Low
6.28%Amplitude
84.08%Gross Margin
104.06BMarket Cap
-0.91Reward/Risk
1.96%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 11 out of 487 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 389.19.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.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
11 / 487
Overall Ranking
55 / 4566
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

34°C

Very Low
Very High
Negative

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.
Overvalued
The company’s latest PE is 87.44, at a high 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 25 analysts
Buy
Current Rating
389.820
Target Price
+3.33%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Cadence Design Systems Inc News

More news coming soon, stay tuned...

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

FAQs

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

The current price of Cadence Design Systems Inc (CDNS) is 377.27.

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 102.69B.

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 389.82.

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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