Back to top
more

Cadence Design Systems (CDNS)

(Delayed Data from NSDQ)

$258.52 USD

258.52
4,062,310

-4.51 (-1.71%)

Updated Oct 18, 2024 04:00 PM ET

After-Market: $258.93 +0.41 (0.16%) 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value D Growth B 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%.

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

Top 24% (60 out of 250)

Industry: Computer - Software

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Santanu Roy headshot

Top Analyst Reports for Chevron, Coca-Cola & General Electric

by Santanu Roy

Today's Research Daily features new research reports on 16 major stocks, including Chevron Corporation (CVX), The Coca-Cola Company (KO) and General Electric Company (GE).

What Makes Cadence (CDNS) a New Strong Buy Stock

by Zacks Equity Research

Cadence (CDNS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Blackbaud (BLKB) Soars 10.6%: Is Further Upside Left in the Stock?

by Zacks Equity Research

Blackbaud (BLKB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Why Is Ansys (ANSS) Up 6.8% Since Last Earnings Report?

by Zacks Equity Research

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

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

by Zacks Equity Research

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

Ethan Feller headshot

Looking for Momentum? Buy These 3 Stocks

by Ethan Feller

Utilizing one of the Zacks Premium screens, I have identified three stocks that have dramatically outperformed the market

Should Vanguard Mid-Cap Growth ETF (VOT) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VOT

Here's Why Investors May Bet on Everbridge (EVBG) Stock

by Zacks Equity Research

Everbridge's (EVBG) ARR performance is being driven by strong recurring bookings and robust renewals.

Derek Lewis headshot

Tap Into Large-Cap Tech Strength With These 3 Stocks

by Derek Lewis

Large-cap tech came back into style this week, finding many buyers. With a looming Fed decision, can the recent strength continue?

Synopsys (SNPS) Up 4% Since Last Earnings Report: Can It Continue?

by Zacks Equity Research

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

Here's Why Investors May Bet on Pegasystems (PEGA) Stock

by Zacks Equity Research

Pegasystems (PEGA) is benefitting from transition to subscription model. The company's subscription revenues topped $1 billion in 2022.

Looking for Computer and Technology Stocks? The Zacks Rank Can Help You Find Winners

by Zacks Equity Research

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.

Zacks Industry Outlook Highlights Salesforce, Cadence Design Systems and Blackbaud

by Zacks Equity Research

Salesforce, Cadence Design Systems and Blackbaud are part of the Zacks Industry Outlook article.

Vaishali Doshi headshot

3 Software Stocks to Watch Amid Strengthening Industry Trends

by Vaishali Doshi

Computer Software industry participants like Salesforce (CRM), Cadence (CDNS), and Blackbaud (BLKB) benefit from steady digital transformations and strong adoption of cloud computing, despite coronavirus-led disruptions.

Cadence (CDNS) Up 2.2% Since Last Earnings Report: Can It Continue?

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.

Is Cadence (CDNS) a Solid Growth Stock? 3 Reasons to Think "Yes"

by Zacks Equity Research

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

The Zacks Analyst Blog Highlights Airbnb, Salesforce, Meta Platforms, Palo Alto Networks and Cadence Design Systems

by Zacks Equity Research

Airbnb, Salesforce, Meta Platforms, Palo Alto Networks and Cadence Design Systems are included in this Analyst Blog.

Ethan Feller headshot

The Semiconductor Industry is Showing Relative Strength: 2 Stocks to Join the Rally

by Ethan Feller

Amid the choppiness, the semiconductors industry has unequivocally outperformed the market recently

Nalak Das headshot

Forget a Hawkish Fed: 5 Must-Buy Tech Giants Flying High YTD

by Nalak Das

We have narrowed our search to five tech behemoths with year-to-date returns of nearly 25% or more. These are; ABNB, META, CDNS, CRM and PANW.

Sheraz Mian headshot

Top Analyst Reports for Procter & Gamble, Applied Materials & Automatic Data Processing

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including The Procter & Gamble Company (PG), Applied Materials, Inc. (AMAT) and Automatic Data Processing, Inc. (ADP).

Here's How Much a $1000 Investment in Cadence Design Systems Made 10 Years Ago Would Be Worth Today

by Zacks Equity Research

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

The Zacks Analyst Blog Highlights Cadence Design Systems, W.W. Grainger, Las Vegas Sands, Microchip Technology and Arista Networks

by Zacks Equity Research

Cadence Design Systems, W.W. Grainger, Las Vegas Sands, Microchip Technology and Arista Networks are included in this Analyst Blog.

Nalak Das headshot

Top 5 S&P 500 Stocks With Double-Digit Returns Year to Date

by Nalak Das

We have narrowed our search to five S&P 500 stocks with year-to-date returns of more than 10%. These are: CDNA, MCHP, ANET, LVS and GWW.

John Blank headshot

How Will the U.S. Economy Hold Up This Year?

by John Blank

It's always time for a 'recession' update.

What Makes Cadence Design Systems (CDNS) a Strong Momentum Stock: Buy Now?

by Zacks Equity Research

Does Cadence Design Systems (CDNS) have what it takes to be a top stock pick for momentum investors? Let's find out.