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Cadence Design Systems (CDNS)

(Delayed Data from NSDQ)

$277.66 USD

277.66
2,278,652

-4.10 (-1.46%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $277.11 -0.55 (-0.20%) 6:18 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value D Growth A Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 35% (87 out of 252)

Industry: Computer - Software

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Zacks News

Based in San Jose, CA, Cadence Design Systems Inc. (CDNS) offers products and tools that help customers to design electronic products. Through System Design Enablement (SDE) strategy the company offers software, hardware, services and reusable IC design blocks (IPs) to electronic systems and semiconductor customers. Cadence’s core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP’s are directly integrated into the ICs.

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Why Is Cadence (CDNS) Up 5.8% Since Last Earnings Report?

Cadence (CDNS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Is Cadence Design Systems (CDNS) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Cadence Design Systems (CDNS) and AudioEye (AEYE) have performed compared to their sector so far this year.

Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?

The average brokerage recommendation (ABR) for Cadence (CDNS) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today

The latest trading day saw Cadence Design Systems (CDNS) settling at $311.28, representing a +1.81% change from its previous close.

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The Zacks Analyst Blog Highlights Exxon Mobil, PepsiCo, HSBC, Cadence Design Systems and CrowdStrike Holdings

Exxon Mobil, PepsiCo, HSBC, Cadence Design Systems and CrowdStrike Holdings are part of the Zacks top Analyst Blog.

Cadence Design Systems (CDNS) Suffers a Larger Drop Than the General Market: Key Insights

Cadence Design Systems (CDNS) reachead $305.74 at the closing of the latest trading day, reflecting a -0.93% change compared to its last close.

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Top Analyst Reports for Exxon Mobil, PepsiCo & HSBC

Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), PepsiCo, Inc. (PEP) and HSBC Holdings plc (HSBC).

Looking for a Growth Stock? 3 Reasons Why Cadence (CDNS) is a Solid Choice

Cadence (CDNS) possesses solid growth attributes, which could help it handily outperform the market.

Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock

Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Cadence (CDNS) to Expand Its Portfolio With BETA CAE Acquisition

Cadence (CDNS) inks a definitive agreement to acquire BETA CAE Systems to enter into the structural analysis sector.

Cadence Design Systems and eXp World have been highlighted as Zacks Bull and Bear of the Day

Cadence Design Systems and eXp World have been highlighted as Zacks Bull and Bear of the Day.

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Bull of the Day: Cadence Design Systems (CDNS)

Cadence Design Systems plays a crucial yet often overlooked role in the development of semiconductors

Cadence Design Systems (CDNS) Increases Despite Market Slip: Here's What You Need to Know

Cadence Design Systems (CDNS) reachead $317.43 at the closing of the latest trading day, reflecting a +0.69% change compared to its last close.

Zacks Investment Ideas feature highlights: Nvidia, Meta Platforms, Cadence Design Systems and Amazon

Nvidia, Meta Platforms, Cadence Design Systems and Amazon are part of the Zacks Investment Ideas article.

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Can This U.S. "AI" Boom Override Geopolitics?

An Aggressive Posture on Asset Allocation Can Remain Attractive.

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Its a Bull Market You Know: Top Ranked Stocks to Ride the Trend

Jesse Livermore used this principle to make millions trading

Cadence (CDNS) Expands Its Tensilica Portfolio for Sensor Fusion

Cadence's (CDNS) new Tensilica IP enables multi-modal, sensor-based system designs with advanced energy efficiency and compactness.

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Cadence Design Systems (CDNS) Stock Falls Amid Market Uptick: What Investors Need to Know

In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $300.01, denoting a -1.21% change from the preceding trading day.

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