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Cadence Design Systems (CDNS)

(Real Time Quote from BATS)

$306.93 USD

306.93
447,264

-4.77 (-1.53%)

Updated Jun 13, 2024 12:06 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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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F Value C Growth D 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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Top 29% (72 out of 249)

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.

Cadence (CDNS) to Report Q4 Earnings: What's in the Cards?

by Zacks Equity Research

Cadence (CDNS) to gain from strong adoption of it's digital and signoff, custom and analog, IP solutions and expanding customer base.

Synopsys (SNPS) Q1 Earnings: What's in Store for the Stock?

by Zacks Equity Research

Synopsys' (SNPS) first-quarter fiscal 2019 results are likely to benefit from steady growth in EDA solutions.

Cadence Design Systems (CDNS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

by Zacks Equity Research

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.

Why Should You Retain Cadence (CDNS) Stock in Your Portfolio?

by Zacks Equity Research

Cadence (CDNS) is a stock worth retaining on the back of solid fundamentals and uptrend in earnings estimates.

Autodesk's Latest Acquisition Expands Construction Portfolio

by Zacks Equity Research

Autodesk's (ADSK) BuildingConnected acquisition is likely to enhance the former's footprint in the construction market.

Oracle NetSuite to Aid Denaster Expand International Presence

by Zacks Equity Research

Oracle (ORCL) NetSuite is expected to aid UAE-based Denaster to expand its business beyond Middle East, particularly in the U.K. and India.

Keysight & Qualcomm's New Milestone to Propel 5G Deployment

by Zacks Equity Research

Keysight (KEYS) and Qualcomm Technologies achieve a 3GPP 5G NR-based high speed data transfer milestone.

Verint's Foresee Acquisition to Strengthen VoC Portfolio

by Zacks Equity Research

Verint's (VRNT) acquisition of ForeSee is expected to strengthen the former's omnichannel VoC portfolio.

    Zacks.com featured highlights include: Crocs, Novanta, Attunity, Cadence and KEMET

    by Zacks Equity Research

    Zacks.com featured highlights include: Crocs, Novanta, Attunity, Cadence and KEMET

    5 Top-Ranked Liquid Stocks for a Winning Portfolio

    by Zacks Equity Research

    Here are five top-ranked liquid stocks that are poised to offer marvelous returns.

    Keysight's (KEYS) Solutions to Aid OPPO 5G Phones Production

    by Zacks Equity Research

    Keysight's (KEYS) 5G test and emulation solutions are selected by OPPO to accelerate development of 5G smartphones.

    Dell Gains Approval to Repurchase VMware (VMW) Tracking Stock

    by Zacks Equity Research

    Dell Technologies to start trading from Dec 28, after more than 61% shareholders approved its plan to buy back the VMware (VMW) tracking stock.

    Zacks.com highlights: Herbalife Nutrition, Arch Coal, Crocs, Attunity and Cadence Design Systems

    by Zacks Equity Research

    Zacks.com highlights: Herbalife Nutrition, Arch Coal, Crocs, Attunity and Cadence Design Systems

    Bet on These 5 Top-Ranked Liquid Stocks for Stellar Returns

    by Zacks Equity Research

    Here are five top-ranked liquid stocks that can make a winning portfolio for investors.

    Apple Drops as Trump Threatens More Tariff on China Imports

    by Zacks Equity Research

    Apple (AAPL) is likely to hurt most from an additional tariff on all remaining imports from China.

    Cadence Design Systems Sees Hammer Chart Pattern: Time to Buy?

    by Zacks Equity Research

    Cadence Design Systems has been struggling lately, but the selling pressure may be coming to an end soon.

    Autodesk's PlanGrid Buyout to Solidify Construction Portfolio

    by Zacks Equity Research

    Autodesk's (ADSK) PlanGrid acquisition is likely to enhance its footprint in the construction market.

    Why Is Cadence (CDNS) Down 8.9% Since Last Earnings Report?

    by Zacks Equity Research

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

    Pure Storage (PSTG) Crafts New Suite of Solutions for AWS

    by Zacks Equity Research

    Pure Storage (PSTG) recently introduced a suite of new cloud offering which runs on Amazon Web Services ("AWS").

    Surging Earnings Estimates Signal Good News for Cadence Design Systems (CDNS)

    by Zacks Equity Research

    Cadence Design Systems (CDNS) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

    Keysight's (KEYS) Solutions to Aid Telcos with 5G Deployment

    by Zacks Equity Research

    Keysight's (KEYS) collaborations with SK Telecom and China Telecom are anticipated to enable the telcos in attaining their respective 5G deployment goals.

    Microsoft to Buy XOXCO, Expand Conversational AI Portfolio

    by Zacks Equity Research

    Microsoft's (MSFT) focus on making the utilization of AI easy and available for enterprises is in sync with XOXCO acquisition announcement.

    Zacks.com featured highlights include: Herbalife, Crocs, Attunity and Cadence Design

    by Zacks Equity Research

    Zacks.com featured highlights include: Herbalife, Crocs, Attunity and Cadence Design

    4 Top-Ranked Liquid Stocks for Impressive Returns

    by Zacks Equity Research

    Here are four top-ranked liquid stocks that investors can count on for stellar returns.

    Infineon (IFFNY) Q4 Earnings and Revenues Increase Y/Y

    by Zacks Equity Research

    Infineon (IFNNY) fourth-quarter fiscal 2018 results benefited from strong growth in ATV, PMM and IPC segments. Solid demand for ADAS is a tailwind.