How much is a share of CDNs worth?
One share of CDNS stock can currently be purchased for approximately $148.30. How much money does Cadence Design Systems make? Cadence Design Systems has a market capitalization of $41.10 billion and generates $2.68 billion in revenue each year.
Is Cadence Design Systems (CDNs) stock a buy at $70?
Cadence Design Systems (CDNS) Stock Sinks As Market Gains: What You Should Know. In the latest trading session, Cadence Design Systems (CDNS) closed at $70, marking a -0.86% move from the previous day.
Do analysts agree on Cadence Design Systems'(CAD) stock's price target?
According to analysts' consensus price target of $177.77, Cadence Design Systems has a forecasted upside of 19.9% from its current price of $148.30. Cadence Design Systems has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Will CDNs outperform or underperform the S&P 500 over the long term?
MarketBeat's community ratings are surveys of what our community members think about Cadence Design Systems and other stocks. Vote “Outperform” if you believe CDNS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CDNS will underperform the S&P 500 over the long term. You may vote once every thirty days.
Is CDNS a good stock to buy?
Out of 9 analysts, 4 (44.44%) are recommending CDNS as a Strong Buy, 1 (11.11%) are recommending CDNS as a Buy, 4 (44.44%) are recommending CDNS as a Hold, 0 (0%) are recommending CDNS as a Sell, and 0 (0%) are recommending CDNS as a Strong Sell.
Is Cadence Design Systems a buy?
Cadence Design Systems has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.
Is Cadence Design Systems a publicly traded company?
Cadence Design Systems (CDNS) Stock Moves -0.59%: What You Should Know. Cadence Design Systems (CDNS) closed at $150.03 in the latest trading session, marking a -0.59% move from the prior day.
Why is Cadence stock down?
Higher interest rates lower the present value of stocks, especially of growth companies. Thus, Cadence, which has been on an absolute tear since the start of 2020 (up 120% even after the sell-off), was due for a cool down.
What does Cadence company do?
Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware, and IP that turn design concepts into reality.
When did Cadence Design Systems Go Public?
1987: ECAD goes public with sales of nearly $24 million. 1988: ECAD acquires SDA and forms Cadence Design Systems; Costello is named CEO and president of the new firm.
Who makes Cadence?
Cadence Acquired by Kohlberg & Company On May 21, 2018, Kohlberg & Company, a leading private equity firm based in Mount Kisco, New York, acquired Cadence. Since Kohlberg's inception in 1987, the company has organized eight private equity funds, through which it has raised $7.5 billion of committed equity capital.
Should I buy or sell Cadence Design Systems stock right now?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Design Systems in the last twelve months. There are currently 1 s...
What is Cadence Design Systems' stock price forecast for 2022?
11 analysts have issued 1-year price targets for Cadence Design Systems' stock. Their forecasts range from $168.00 to $215.00. On average, they ant...
How has Cadence Design Systems' stock price performed in 2022?
Cadence Design Systems' stock was trading at $186.35 at the beginning of the year. Since then, CDNS stock has decreased by 20.0% and is now trading...
When is Cadence Design Systems' next earnings date?
Cadence Design Systems is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022. View our earnings forecast for...
How were Cadence Design Systems' earnings last quarter?
Cadence Design Systems, Inc. (NASDAQ:CDNS) posted its earnings results on Monday, April, 25th. The software maker reported $0.95 earnings per share...
What guidance has Cadence Design Systems issued on next quarter's earnings?
Cadence Design Systems issued an update on its FY22 earnings guidance on Monday, April, 25th. The company provided EPS guidance of $3.89-3.97 for t...
Who are Cadence Design Systems' key executives?
Cadence Design Systems' management team includes the following people: Mr. Lip-Bu Tan , Exec. Chair of the Board (Age 63, Pay $2.17M) ( LinkedIn...
What is Lip-Bu Tan's approval rating as Cadence Design Systems' CEO?
675 employees have rated Cadence Design Systems CEO Lip-Bu Tan on Glassdoor.com . Lip-Bu Tan has an approval rating of 98% among Cadence Design Sy...
Who are some of Cadence Design Systems' key competitors?
Some companies that are related to Cadence Design Systems include Adobe (ADBE) , Salesforce (CRM) , Intuit (INTU) , Synopsys (SNPS) , Autodesk...
Is Cadence Design Systems stock a Buy, Sell or Hold?
Cadence Design Systems stock has received a consensus rating of buy. The average rating score is and is based on 21 buy ratings, 6 hold ratings, an...
What was the 52-week low for Cadence Design Systems stock?
The low in the last 52 weeks of Cadence Design Systems stock was 124.30. According to the current price, Cadence Design Systems is 130.55% away fro...
What was the 52-week high for Cadence Design Systems stock?
The high in the last 52 weeks of Cadence Design Systems stock was 192.70. According to the current price, Cadence Design Systems is 84.21% away fro...
What are analysts forecasts for Cadence Design Systems stock?
The 27 analysts offering price forecasts for Cadence Design Systems have a median target of 159.93, with a high estimate of 205.00 and a low estima...
What is the NASDAQ symbol for Cadence?
What is Cadence Design Systems?
Cadence Design Systems trades on the NASDAQ under the ticker symbol "CDNS."
What is the P/E ratio of Cadence?
Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.
Does Cadence pay dividends?
The P/E ratio of Cadence Design Systems is 74.40, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 80.57.
What is Cadence design?
Cadence Design Systems does not currently pay a dividend.
Where is Cadence Design Systems located?
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design products, including Genus logic synthesis and RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, including place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products consisting of pre-verified and customizable functional blocks to integrate into customer’s ICs; and verification IP and memory models to verify the correct interaction with dozens of design IP interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. Cadence Design Systems, Inc. was incorporated in 1988 and is headquartered in San Jose, California.
