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Cadence Design Systems (CDNS)

(Delayed Data from NSDQ)

$273.76 USD

273.76
2,983,933

-6.59 (-2.35%)

Updated Sep 20, 2024 04:00 PM ET

After-Market: $273.40 -0.36 (-0.13%) 7:58 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

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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D Value D Growth C Momentum F 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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Top 30% (75 out of 251)

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.

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

Cadence (CDNS) could produce exceptional returns because of its solid growth attributes.

Is Cadence Design Systems (CDNS) Outperforming Other Computer and Technology Stocks This Year?

Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?

Cadence Design Systems' (CDNS) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in Cadence Design Systems (CDNS).

Should John Hancock Multifactor Mid Cap ETF (JHMM) Be on Your Investing Radar?

Style Box ETF report for JHMM

3 Reasons Why Growth Investors Shouldn't Overlook Cadence (CDNS)

Cadence (CDNS) could produce exceptional returns because of its solid growth attributes.

Has Cadence Design Systems (CDNS) Outpaced Other Computer and Technology Stocks This Year?

Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?

Cadence (CDNS) Beats Q3 Earnings Estimates, Raises Guidance

Cadence's (CDNS) third-quarter 2020 performance was driven by continued strength witnessed in the company's digital & signoff solutions and Verification Suite along with expanding clientele.

Cadence Design Systems (CDNS) Tops Q3 Earnings and Revenue Estimates

Cadence (CDNS) delivered earnings and revenue surprises of 14.75% and 4.05%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Daniel Laboe headshot

Chip Manufacturing King Sets Tone For Semiconductor Earnings Season

The largest and most connected semiconductor giant, TSM, set the chip market earning tune this morning to an incredibly positive note

Factors You Must Note Ahead of Cadence's (CDNS) Q3 Earnings

Cadence Design Systems (CDNS) third-quarter results are likely to reflect growing clout of Clarity 3D Solver and CloudBurst Platform offerings. However, stiff competition is a headwind.

Should John Hancock Multifactor Mid Cap ETF (JHMM) Be on Your Investing Radar?

Style Box ETF report for JHMM

Daniel Laboe headshot

Top Chip Stocks To Watch As They Kickoff Q3 Earnings

Now the chip sector's outsized returns will be put to the test as September quarter earnings commence

Cadence Design Systems (CDNS) Reports Next Week: Wall Street Expects Earnings Growth

Cadence (CDNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Zacks Analyst Blog Highlights: Keysight, Taiwan Semiconductor, Synopsys and Cadence Design

The Zacks Analyst Blog Highlights: Keysight, Taiwan Semiconductor, Synopsys and Cadence Design

Radhika Pujara headshot

6 Stocks Poised to Gain From Uptick in Chip Design Activity

In the backdrop of 5G and cloud computing boom, semiconductor manufacturers are looking to design AI-embedded robust inference chips. Here, we have shortlisted six chip stocks that are poised to gain.

Should John Hancock Multifactor Mid Cap ETF (JHMM) Be on Your Investing Radar?

Style Box ETF report for JHMM

Zacks.com featured highlights include: Lam Research, Best Buy, T. Rowe Price, Cadence Design Systems, and KLA Corporation

Zacks.com featured highlights include: Lam Research, Best Buy, T. Rowe Price, Cadence Design Systems, and KLA Corporation

Supriyo Bose headshot

5 ROE Stocks to Gain as Markets Exude Confidence Post Selloff

ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.

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

Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?

Progress Software (PRGS) Raises Q3 View, Set to Acquire Chef

Progress Software (PRGS) expects third-quarter fiscal 2020 results to benefit from strong revenue performance and cost management. The company's purchase of Chef will boost its recurring-revenue base.

The Zacks Analyst Blog Highlights: CRM, ZM, AAPL, SHOP and CDNS

The Zacks Analyst Blog Highlights: CRM, ZM, AAPL, SHOP and CDNS

Nalak Das headshot

Wall Street Selloff Makes a Good Entry Point: 5 Stocks to Grab

A closer look at yesterday's trading pattern revealed that it was profit booking and not any major economic, financial or political factor that led to a meltdown.

Zacks.com featured highlights include: Lam Research, Best Buy, T. Rowe Price, Cadence Design Systems and KLA Corporation

Zacks.com featured highlights include: Lam Research, Best Buy, T. Rowe Price, Cadence Design Systems and KLA Corporation

Should John Hancock Multifactor Mid Cap ETF (JHMM) Be on Your Investing Radar?

Style Box ETF report for JHMM

Nutanix (NTNX) Surpasses Q4 Earnings & Revenue Estimates

Nutanix's (NTNX) fourth-quarter fiscal 2020 results benefit from solid adoption of its Hybrid cloud solutions and expanding clientele.