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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%

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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.

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%.

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

Top 24% (60 out of 250)

Industry: Computer - Software

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Zacks News

The Zacks Analyst Blog Highlights Bouygues, MercadoLibre and Cadence Design Systems

by Zacks Equity Research

Bouygues, MercadoLibre and Cadence Design Systems are part of the Zacks top Analyst Blog.

John Blank headshot

A Year of Russia's War on Ukraine: Global Week Ahead

by John Blank

Sweeping sanctions have severed Russia from the fabric of global financial markets, reshaped commodity and energy flows, and pushed up inflation and funding pressures globally.

Zacks.com featured highlights include Crocs, Arista Networks, Caterpillar and Cadence Design Systems

by Zacks Equity Research

Crocs, Arista Networks, Caterpillar and Cadence Design Systems are part of the Zacks Screen of the Week article.

Here's Why Investors Should Consider Buying Cadence (CDNS)

by Zacks Equity Research

Cadence's (CDNS) performance benefits from the growing demand across all business segments.

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

by Zacks Equity Research

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

Cadence (CDNS) Unveils 13 New Verification IP Offerings

by Zacks Equity Research

Cadence (CDNS) announces the launch of 13 new VIPs which supports multiple application areas, including hyperscale data centers, automotive, and consumer and mobile.

Cadence (CDNS) is an Incredible Growth Stock: 3 Reasons Why

by Zacks Equity Research

Cadence (CDNS) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Tirthankar Chakraborty headshot

4 Best Stocks to Buy Right Away for Earnings Growth

by Tirthankar Chakraborty

Crocs (CROX), Arista Networks (ANET), Caterpillar (CAT), and Cadence Design Systems (CDNS) have striking earnings growth and positive estimate revisions.

Cadence (CDNS) Q4 Earnings & Revenues Top Estimates, Up Y/Y

by Zacks Equity Research

Cadence's (CDNS) fourth-quarter performance benefits from continued strength across all segments.

Cadence Design Systems (CDNS) Beats Q4 Earnings and Revenue Estimates

by Zacks Equity Research

Cadence (CDNS) delivered earnings and revenue surprises of 5.49% and 2.20%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Here's What to Expect Ahead of Cadence's (CDNS) Q4 Earnings

by Zacks Equity Research

Cadence's (CDNS) Q4 performance is likely to have benefited from acquisitions and its diversified product portfolio. However, global macroeconomic weakness is likely to have acted as a headwind.

Watts Water (WTS) Surpasses Q4 Earnings and Revenue Estimates

by Zacks Equity Research

Watts Water (WTS) delivered earnings and revenue surprises of 3.90% and 2.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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

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.

Should iShares Russell Mid-Cap Growth ETF (IWP) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for IWP

Should Vanguard MidCap Growth ETF (VOT) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VOT

Why Cadence (CDNS) is Poised to Beat Earnings Estimates Again

by Zacks Equity Research

Cadence (CDNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Should Vanguard MidCap ETF (VO) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VO

Is First Trust NASDAQ100Technology Sector ETF (QTEC) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for QTEC

Should You Invest in the First Trust NASDAQ100Technology Sector ETF (QTEC)?

by Zacks Equity Research

Sector ETF report for QTEC

Cadence (CDNS) Boosts Portfolio for High-Speed Data Transfer

by Zacks Equity Research

Cadence (CDNS) unveils the 8533Mbps LPDDR5X IP Solution, which enables high-speed data transfer between a system-on-chip and LPDDR5X DRAM devices.

Cadence Design Systems (CDNS) is a Top-Ranked Growth Stock: Should You Buy?

by Zacks Equity Research

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

PTC Inc. (PTC) Up 3.5% Since Last Earnings Report: Can It Continue?

by Zacks Equity Research

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

Should You Invest in the Invesco Dynamic Software ETF (PSJ)?

by Zacks Equity Research

Sector ETF report for PSJ

Why Is Blackbaud (BLKB) Up 6.9% Since Last Earnings Report?

by Zacks Equity Research

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

Cadence Design Systems (CDNS) is a Top-Ranked Growth Stock: Should You Buy?

by Zacks Equity Research

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.