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Cadence Design Systems (CDNS)

(Delayed Data from NSDQ)

$288.93 USD

288.93
1,222,390

-4.17 (-1.42%)

Updated May 16, 2024 04:00 PM ET

After-Market: $288.86 -0.07 (-0.02%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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 22% (56 out of 250)

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.

Company News For Oct 24, 2018

by Zacks Equity Research

Companies in the news are: UTX, VZ, PHM and CDNS

Cadence (CDNS) Q3 Earnings & Revenues Top, Hikes '18 View

by Zacks Equity Research

Cadence (CDNS) third-quarter results trumped estimates. The company updated 2018 guidance. Collaboration generated product enhancements and solid adoption of Palladium solutions drove y/y growth.

Cadence Design Systems (CDNS) Q3 Earnings and Revenues Beat Estimates

by Zacks Equity Research

Cadence (CDNS) delivered earnings and revenue surprises of 19.51% and 2.81%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

Factors Setting the Tone for Cadence (CDNS) in Q3 Earnings

by Zacks Equity Research

Cadence's (CDNS) third-quarter results are expected to benefit from collaboration generated product enhancements and strong order growth.

Cadence Design Systems (CDNS) Q3 Earnings Preview: What to Watch Ahead of the 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.

Cadence Cloud Offering Extends Support for TSMC's OIP VDE

by Zacks Equity Research

Cadence (CDNS) expands cloud-based offerings by offering Taiwan Semiconductor's OIP VDE to propel SoC design processes.

    ANSYS Rides on TSMC Collaboration & Granta Design Tie-Up

    by Zacks Equity Research

    ANSYS (ANSS) in collaboration with Taiwan Semiconductor unveils Automotive Reliability Guide 2.0. ANSYS also formed new alliance with Granta Design.

      Synopsys' (SNPS) Refresh Version of CODE V to Drive Growth

      by Zacks Equity Research

      Synopsys' (SNPS) CODE V 11.2 version features an array of new solutions to accelerate time-to-market and enable cost optimization.

        Top Ranked Growth Stocks to Buy for September 6th

        by Zacks Equity Research

        Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 6th:

          Top Ranked Growth Stocks to Buy for September 5th

          by Zacks Equity Research

          Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 5th:

            Bottomline Technologies (EPAY) Hits 52-Week High, Can the Run Continue?

            by Zacks Equity Research

            Bottomline Technologies (EPAY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

              Top Ranked Growth Stocks to Buy for August 24th

              by Zacks Equity Research

              Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 24th:

                Top Ranked Growth Stocks to Buy for August 23rd

                by Zacks Equity Research

                Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 23rd:

                  Top Ranked Growth Stocks to Buy for August 21st

                  by Zacks Equity Research

                  Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 21st:

                    Top Ranked Growth Stocks to Buy for August 16th

                    by Zacks Equity Research

                    Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 16th:

                      Cadence's Solutions Aid GUC to Speed Up SoC Design Processes

                      by Zacks Equity Research

                      Cadence (CDNS) Verification Suite aided Global Unichip Corporation ("GUC") to drive innovation by accelerating its system-on-chip ("SoC") design processes.

                        Awantika Poddar headshot

                        Microsoft & 3 Other Computer Software Stocks to Snap Up Now

                        by Awantika Poddar

                        Microsoft (MSFT) is a dominant name in the software industry.

                          Technology Earnings Due on Jul 25: VRSN, TYL, PFPT & More

                          by Zacks Equity Research

                          Here are a few technology stocks that are set to report earnings on Jul 26. Let's see what's in store.

                            Cadence (CDNS) Q2 Earnings & Revenues Top, Raises '18 View

                            by Zacks Equity Research

                            Cadence (CDNS) second-quarter results outpaced estimates. Notable customer wins, collaboration generated product enhancements and robust adoption drove y/y growth.

                              Cadence Design Systems (CDNS) Tops Q2 Earnings and Revenue Estimates

                              by Zacks Equity Research

                              Cadence (CDNS) delivered earnings and revenue surprises of 12.50% and 0.61%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

                                Cadence (CDNS) to Report Q2 Earnings: What's in the Cards?

                                by Zacks Equity Research

                                Cadence Design (CDNS) to benefit from robust adoption of it's digital and signoff, custom and analog, and IP solutions.

                                  Synopsys to Power Arbe's Autonomous Vehicle Imaging Radar

                                  by Zacks Equity Research

                                  Synopsys' (SNPS) wide range of IP has been adopted by the ADAS related imaging radar chip of Arbe Robotics.

                                    Cadence Collaborates with Azure, AWS & Google Cloud Platforms

                                    by Zacks Equity Research

                                    Cadence (CDNS) announces collaboration with Azure, AWS & Google Cloud platform, at DAC. The company also launches Cadence Cloud portfolio & Cadence Liberate Trio Characterization Suite at the event.

                                      Here's Why You Should Hold Synopsys Stock in Your Portfolio

                                      by Zacks Equity Research

                                      Synopsys (SNPS) seems to be a stock that should be retained in investors' portfolio as of now. Let's take a look why.

                                        Zacks Industry Outlook Highlights: ANSYS, Citrix, Cadence and Adobe

                                        by Zacks Equity Research

                                        Zacks Industry Outlook Highlights: ANSYS, Citrix, Cadence and Adobe