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Cadence Design Systems (CDNS)

(Real Time Quote from BATS)

$272.60 USD

272.60
279,185

-1.63 (-0.59%)

Updated Sep 27, 2024 11:26 AM 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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4-Sell of 5       4  

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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D 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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Top 26% (66 out of 251)

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.

If You Invested $1000 in Cadence Design Systems 10 Years Ago, This Is How Much You'd Have Now

by Zacks Equity Research

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

Cadence (CDNS), GF Team Up for Enhanced Cloud Performance

by Zacks Equity Research

Leveraging the success of GF's 22FDX design flow and Cadence's (CDNS) digital solution, this collaboration enables customers to achieve cloud scalability, efficiency and productivity.

Cadence (CDNS) to Participate in Microsoft RAMP Phase II Program

by Zacks Equity Research

As part of the Phase II program, Cadence (CDNS) will provide security integrations with its digital and verification design flows to develop advanced microelectronics.

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.

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

by Zacks Equity Research

Smart Beta ETF report for NUMG

Cadence (CDNS), GF Team up for Latest Silicon Photonics Designs

by Zacks Equity Research

The collaboration between Cadence (CDNS) and GF will enable customers to create photonics designs faster while enhancing performance, optimizing power usage and reducing system costs.

If You Invested $1000 in Cadence Design Systems a Decade Ago, This is How Much It'd Be Worth Now

by Zacks Equity Research

Holding on to popular or trending stocks for the long-term can make your portfolio a winner.

Seagate (STX) Introduces Lyve Cloud Platform in Singapore

by Zacks Equity Research

The latest expansion to Singapore underscores Seagate's (STX) Lyve Cloud's commitment to helping enterprises in more countries to capture the unstructured data explosion efficiently.

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

    by Zacks Equity Research

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

    NetApp (NTAP) to Strengthen Spot Portfolio on Fylamynt Buyout

    by Zacks Equity Research

    The latest acquisition of Fylamynt revs up NetApp's (NTAP) overall CloudOps leadership and empowers customers to continue to take benefit of more cloud at a reduced cost.

    Telefonica (TEF) Slips to Loss in Q4, Revenues Fall Y/Y

    by Zacks Equity Research

    Telefonica (TEF) incurs fourth-quarter 2021 net loss of 1,198 million euros ($1,439.5 million), plunging 231.5% year on year.

    Sensata (ST) Buys Elastic M2M to Enhance Cloud Capabilities

    by Zacks Equity Research

    The buyout of Elastic M2M is expected to further reinforce Sensata's (ST) position as a leading data insight provider across transportation and logistics end markets.

    The Zacks Analyst Blog Highlights Advanced Micro Devices, Keysight Technologies, Cadence Design Systems, Intuit and GLOBALFOUNDRIES

    by Zacks Equity Research

    Advanced Micro Devices, Keysight Technologies, Cadence Design Systems, Intuit and GLOBALFOUNDRIES are included in this analyst blog.

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

    by Zacks Equity Research

    Cadence's (CDNS) Q4 results benefit from broad-based strength across business segments like digital & signoff solutions and functional verification suite.

    Maxar (MAXR) Q4 Earnings & Revenues Rise Y/Y, Shares Rally

    by Zacks Equity Research

    Maxar's (MAXR) fourth-quarter results reflect momentum in the Earth Intelligence segment.

    Cadence Design Systems (CDNS) Q4 Earnings and Revenues Beat Estimates

    by Zacks Equity Research

    Cadence (CDNS) delivered earnings and revenue surprises of 5.13% and 1.98%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

    Nalak Das headshot

    5 Technology Bigwigs to Buy on the Dip Despite Recent Turmoil

    by Nalak Das

    We have narrowed our search to five technology bigwigs. These are: GFS, CDNS, AMD, KEYS and INTU.

    ANSYS' (ANSS) Software Portfolio to Drive LG's Digitalization

    by Zacks Equity Research

    ANSYS (ANSS) will provide LG with continued access to its industry-leading simulation solutions to accelerate the latter's sustainability and digital transformation initiatives.

    Iridium (IRDM) Q4 Earnings Meet Estimates, Revenues Up Y/Y

    by Zacks Equity Research

    Iridium's (IRDM) fourth-quarter 2021 results benefit from increasing service revenues and a growing subscriber base.

    Factors to Note Ahead of Cadence (CDNS) Q4 Earnings Release

    by Zacks Equity Research

    Cadence's (CDNS) Q4 performance is likely to have benefited from its diversified product portfolio and recent acquisitions.

    SAP, BearingPoint Tie Up for Unique Carbon Footprint Solutions

    by Zacks Equity Research

    SAP's latest partnership with BearingPoint aims to provide companies with an innovative solution to track and optimize a product's environmental impact across its entire lifecycle.

    Generac (GNRC) Q4 Earnings & Revenues Top Estimates, Shares Up

    by Zacks Equity Research

    Robust demand for Residential and C&I products drive Generac's (GNRC) fourth-quarter 2021 results.

    Ciena (CIEN) Reports Q1 Preliminary Results, Cuts Revenue View

    by Zacks Equity Research

    Ciena (CIEN) expects fiscal first-quarter revenues between $840 million and $850 million, lower than the previous expectation of $870 million to $910 million.

    Cadence (CDNS) to Play a Pivotal Role in Qorvo's SHIP-RF Program

    by Zacks Equity Research

    As part of Qorvo's Design Center team, Cadence (CDNS) will develop methodologies to execute solid design and simulation capabilities for the highest levels of heterogeneous packaging integration.

    Wix (WIX) Q4 Loss Narrower Than Expected, Revenues Rise Y/Y

    by Zacks Equity Research

    Wix's (WIX) Q4 results benefit from the momentum in Creative Subscriptions and Business Solutions segments.