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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

Cadence Design Systems (CDNS) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

In the latest trading session, Cadence Design Systems (CDNS) closed at $153.73, marking a -1.61% move from the previous day.

John Blank headshot

What Fresh Catalysts Can Assist Stocks?

by John Blank

There needs to be a new source of bullishness.

Cadence (CDNS) Partners With McLaren to Boost Performance

by Zacks Equity Research

Cadence Design Systems (CDNS) announces partnership with McLaren Formula 1 Team to improve airflow within the car as well as tackle design projects

Zacks Industry Outlook Highlights Cadence Design Systems, PTC and Aspen Technology

by Zacks Equity Research

Cadence Design Systems, PTC and Aspen Technology have been highlighted in this Industry Outlook article.

Cadence (CDNS) Down 5% Since Last Earnings Report: Can It Rebound?

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.

Vaishali Doshi headshot

3 Software Stocks to Watch for in a Challenging Industry

by Vaishali Doshi

Computer Software industry participants like Cadence Design Systems (CDNS), PTC (PTC) and Aspen Technology (AZPN) are benefiting from steady digital transformations and strong adoption of cloud computing, despite coronavirus-led disruptions.

Guidewire (GWRE) Insurtech Vanguards Platform Boasts 25 Members

by Zacks Equity Research

Insurtech Vanguards is an endeavor by Guidewire (GWRE) to connect P&C insurers with innovative technology providers to speed up work and improve client experience.

Is Invesco Dynamic Software ETF (PSJ) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for PSJ

Here is Why Growth Investors Should Buy Cadence (CDNS) Now

by Zacks Equity Research

Cadence (CDNS) possesses solid growth attributes, which could help it handily outperform the market.

Pure Storage (PSTG) Rolls Out Updates for Portworx Portfolio

by Zacks Equity Research

Pure Storage (PSTG) announces the general availability of Portworx Data Services and Portworx Backup-as-a-Service and launches the next generation of Portworx Enterprise solutions.

The Zacks Analyst Blog Highlights Nucor, Cadence Design Systems, GLOBALFOUNDRIES, Southwest Airlines, and Copart

by Zacks Equity Research

Nucor, Cadence Design Systems, GLOBALFOUNDRIES, Southwest Airlines, and Copart are part of the Zacks top Analyst Blog.

Nalak Das headshot

Wall Street Melts on Panic Selling: Buy 5 Bigwigs On the Dip

by Nalak Das

We have narrowed our search to five U.S. corporate bigwigs currently trading at a deep discount to their 52-week highs. These are: NUE, GFS, LUV, CDNS and CPRT.

Is Nuveen ESG MidCap Growth ETF (NUMG) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for NUMG

John Blank headshot

Bitcoin Prices Are Plunging: Global Week Ahead

by John Blank

Stock traders enter the week with the Nasdaq index down -24.5% YTD, the S&P 500 down -15.6% and Bitcoin (BTC) prices in a freefall.

Kevin Cook headshot

Get Your Money Game in Top Shape with Mark Harvey, the MoneyPlan Coach

by Kevin Cook

In the jungle of personal finance advice, the best offense is a great set of tools that clarify and inspire action.

Zacks.com featured highlights include Cadence Design Systems, Buckle, Magnolia Oil & Gas, and Louisiana-Pacific

by Zacks Equity Research

Cadence Design Systems, Buckle, Magnolia Oil & Gas, and Louisiana-Pacific are part of the Zacks Screen of the Week article.

Cadence Design Systems and Align Technology have been highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

Cadence Design Systems and Align Technology are part of the Zacks Bull and Bear of the Day article.

Sumit Singh headshot

Pick These 4 Stocks With Superb Interest Coverage Ratio

by Sumit Singh

A company that is capable of generating earnings well above its interest expense can withstand financial hardship. BBQ Holdings (BBQ), AECOM (ACM), Cadence Design Systems (CDNS) and Chevron (CVX) are strong enough to meet financial obligations.

Kevin Cook headshot

Bull of the Day: Cadence Design Systems (CDNS)

by Kevin Cook

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

Panel Of Zacks Experts headshot

Top Stock Picks for Week of May 9, 2022

by Panel Of Zacks Experts

A Solid Choice for Growth Investors and One Set to Benefit From Soaring Semiconductor Sales.

Vaishali Doshi headshot

Watch for These 4 Top-Ranked Liquid Stocks for Solid Gains

by Vaishali Doshi

Here are four top-ranked liquid stocks, Cadence Design Systems (CDNS), Magnolia Oil & Gas Corporation (MGY), Buckle (BKE) and Louisiana-Pacific (LPX), which investors can add to their portfolio for solid returns.

News Corp. (NWSA) Q3 Earnings Miss, Revenues Up 7% Y/Y

by Zacks Equity Research

News Corporation's (NWSA) third-quarter fiscal 2022 results reflect strength in Digital Real Estate Services, Dow Jones and Book Publishing segments.

NY Times (NYT) Q1 Earnings Meet Estimates, Revenues Up Y/Y

by Zacks Equity Research

The New York Times Company's (NYT) first-quarter 2022 results reflect increase in subscription revenues. Management envisions second-quarter total subscription revenues to increase about 12-14%.

Here is Why Growth Investors Should Buy Cadence (CDNS) Now

by Zacks Equity Research

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

David Bartosiak headshot

Bear of the Day: MicroStrategy (MSTR)

by David Bartosiak

Risk-off has been hitting tech stocks and the cry