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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.

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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

Better trading starts here.

Zacks News

Cadence (CDNS) Launches Voltus -XFi to Improve Productivity

Cadence Design Systems (CDNS) unveils electro migration and EM-IR solution - Cadence Voltus - XFi.

Kevin Cook headshot

Bear of the Day: Applied Materials (AMAT)

Global slowdown dampens earnings outlook for WFE firms but not as much as you might think

Cadence Design Systems (CDNS) Stock Moves -0.59%: What You Should Know

Cadence Design Systems (CDNS) closed at $150.03 in the latest trading session, marking a -0.59% move from the prior day.

Cadence (CDNS) Ties Up With Arm & IFS to Improve SoC Design

Cadence Design Systems (CDNS) collaborates with Arm and Intel Foundry Services to address the ever-growing needs of electronics and semiconductor companies.

Strength Seen in Progress Software (PRGS): Can Its 7.3% Jump Turn into More Strength?

Progress Software (PRGS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Cadence (CDNS) Stock Up on Accelerated Share Repurchase Plan

Cadence (CDNS) inks an accelerated share repurchase agreement with the Royal Bank of Canada.

Best Growth Stocks to Buy for June 22nd

MPC, CDNS, and AVT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 22, 2022.

Cadence Design Systems (CDNS) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Cadence Design Systems (CDNS) closed at $143.09, marking a +1.42% move from the previous day.

Best Growth Stocks to Buy for June 17th

CDNS, CNM, and LUV made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 17, 2022.

Cadence Design Systems and Teradata Corporation have been highlighted as Zacks Bull and Bear of the Day

Cadence Design Systems and Teradata Corporation have been highlighted as Zacks Bull and Bear of the Day.

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Bull of the Day: Cadence Design Systems (CDNS)

Key software player in Intelligent System Design for semiconductors sees price targets move above $200

Here's Why Cadence (CDNS) is an Attractive Pick Right Now

Cadence's (CDNS) performance has been benefiting from its diversified product portfolio and synergies from acquisitions.

Why Cadence Design Systems (CDNS) is a Top Growth Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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Here Are 4 Stocks With Remarkable Interest Coverage Ratio

A company capable of generating earnings well above its interest expense can withstand financial hardship. Dillard's (DDS), Avis Budget (CAR), Cadence Design Systems (CDNS) and Univar Solutions (UNVR) are sound enough to meet financial obligations.

TELUS (TU) Invests C$14M to Boost PureFibre Network Expansion

TELUS (TU) is committed to an overall investment of C$70 billion across Canada by 2026.

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4 Top-Performing Liquid Stocks for Robust Returns in 2022

Here are four top-performing liquid stocks, Cadence Design Systems (CDNS), Southwest Airlines Co (LUV), Diodes Incorporated (DIOD) and Nova (NVMI), which investors can add to their portfolio for solid returns.

Guidewire (GWRE) Posts Q3 Loss, Beats Revenue Estimates

Backed by strong quarterly results, Guidewire (GWRE) expects total revenues between $794 million and $800 million, higher than the previous outlook of $784-$792 million for fiscal 2022.

    Western Digital (WDC) to Evaluate Strategic Options, Shares Up

    The various alternatives include splitting up Western Digital's (WDC) Flash and HDD businesses.

      Cadence Design Systems (CDNS) Outpaces Stock Market Gains: What You Should Know

      In the latest trading session, Cadence Design Systems (CDNS) closed at $160.29, marking a +1.09% move from the previous day.

      PTC & ITC Infotech Team Up to Boost Uptake of Windchill

      As a part of the deal, a significant portion of PTC's (PTC) PLM consulting and professional services business is taken over by ITC Infotech.

      Cadence (CDNS) CFD Solution to Improve AC75 Yacht Performance

      Cadence (CDNS) announces a partnership with three teams competing in the 37th edition of America's Cup sailing competition

      The Zacks Analyst Blog Highlights Cadence Design Systems, GLOBALFOUNDRIES, Analog Devices, Roper Technologies, and Synopsys

      Cadence Design Systems, GLOBALFOUNDRIES, Analog Devices, Roper Technologies, and Synopsys are part of Zacks top Analyst Blog.

      Cadence (CDNS) Rolls Out 15 VIP Solutions for SoC Verification

      Cadence (CDNS) launches 15 VIP solutions, enabling users across industrial, automotive, hyperscale data center and mobile domains to speed up the SoC design verification.

      Nalak Das headshot

      Top 5 Beaten-Down Technology Stocks for Long-Term Prospects

      We have narrowed our search to five U.S. tech giants that are currently trading on the dip. These are: CDNS, GFS, ADI, ROP and SNPS.