Latest News of CDNS
Estimating The Intrinsic Value Of Cadence Design Systems, Inc. (NASDAQ:CDNS)
By Yahoo! Finance |
1 week ago
The fair value estimate for Cadence Design Systems is close to the analyst target of US$316. Using the Discounted Cash Flow model, the intrinsic value is calculated at US$274, indicating the stock is ...
Cadence Design Systems, Inc. (CDNS): This AI Stock Could Go Parabolic According to Financial Media
By Yahoo! Finance |
4 weeks ago
The article discusses the growth drivers in the AI industry, emphasizing data generation, computing power advancements, and massive investments in AI research. Cadence Design Systems, Inc....
Cadence Design Systems Stock (NASDAQ:CDNS): Should You Buy the Dip?
By Yahoo! Finance |
1 month ago
Cadence Design Systems has seen a recent stock price drop despite strong AI chip design market presence and financial performance. With Piper Sandler's upgrade and $318 price target, the dip may be a ...
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Cadence Design Systems, Inc. (CDNS): One of Morgan Stanley's Humanoid Robot Stock Picks Now?
By Yahoo! Finance | 1 month agoA list of the top humanoid robot stocks reveals the vast potential of the industry, with predictions of a $30 trillion opportunity by 2050. Companies like Cadence Design Systems, Inc. are positioned t...
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Decoding Cadence Design Systems Inc (CDNS): A Strategic SWOT Insight
By Yahoo! Finance | 2 months agoCadence Design Systems Inc disclosed solid financial performance, showcasing steady revenue and net income growth. The company's market leadership, innovation focus, operational risks, strategic acqui...
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Should You Investigate Cadence Design Systems, Inc. (NASDAQ:CDNS) At US$287?
By Yahoo! Finance | 2 months agoCadence Design Systems (NASDAQ:CDNS) has seen share price fluctuations, currently trading near fair value. Despite potential for future growth, current price may not present best entry point. Investor...
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Cadence Design Systems (CDNS) Tops Q2 Earnings and Revenue Estimates
By Yahoo! Finance | 2 months agoCadence Design Systems (CDNS) reported earnings of $1.28 per share, surpassing expectations. The company's revenue of $1.06 billion also exceeded estimates. Analysts suggest monitoring earnings outloo...
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Cadence's (NASDAQ:CDNS) Q2 Sales Beat Estimates But Quarterly Guidance Underwhelms
By Yahoo! Finance | 2 months agoCadence Design Systems exceeded revenue expectations in Q2 2024 but fell short in revenue guidance for the next quarter. The company's profit per share increased, showcasing growth potential. With a f...
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Insider Sale: Director Vincentelli Sangiovanni Sells Shares of Cadence Design Systems Inc (CDNS)
By Yahoo! Finance | 2 months agoVincentelli Sangiovanni, a Director at Cadence Design Systems Inc, sold 1,500 shares at $314.57 each. The company focuses on EDA software. With 46,551 shares left, Sangiovanni has sold 43,800 shares o...
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Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market
By Yahoo! Finance | 2 months agoCadence Design Systems (CDNS) closed at $314.07, down 1.79%, underperforming S&P 500 and Nasdaq. Earnings set for July 22, 2024, are projected at $1.23 per share, with a 7....
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Here's Why Artisan Developing World Fund Characterizes Cadence (CDNS) as "Correlation Stocks"
By Yahoo! Finance | 2 months agoArtisan Partners' "Artisan Developing World Fund" achieved a 4.72% return in Q2 2024. The fund has a cumulative return of 127.46% since June 30, 2015, outperforming the MSCI Emerging Markets Index....
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Insider Sale: Sr. Vice President Paul Cunningham Sells Shares of Cadence Design Systems Inc (CDNS)
By Yahoo! Finance | 2 months agoOn July 1, 2024, Cadence Design Systems' Senior VP sold 650 shares at $307.75 each, now owning 65,844 shares. The company provides system design tools and services for semiconductor and electronics fi...
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Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today
By Yahoo! Finance | 3 months agoCadence Design Systems (CDNS) closed at $311.53, up 0.77% from the previous day, surpassing S&P 500. CDNS stock saw a 5.05% rise in the past month. Analysts predict a $1....
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Cadence Design Systems (CDNS) Beats Stock Market Upswing: What Investors Need to Know
By Yahoo! Finance | 3 months agoCadence Design Systems closed at $326.50, up 1.37% from the previous day, outperforming S&P 500. The company's stock rose 10.12% in the last month. Analysts predict earnings growth, while valuation me...
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Cadence Design Systems (CDNS) Rises Higher Than Market: Key Facts
By Yahoo! Finance | 3 months agoCadence Design Systems (CDNS) stock closed at $296.18, with a 0.6% rise, outperforming S&P 500. The upcoming earnings report predicts a growth in EPS and revenue. Zacks Rank indicates a hold, while va...