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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%

Zacks Rank Education - Learn about the Zacks Rank

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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%.

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

Better trading starts here.

Zacks News

Best Momentum Stocks to Buy for April 29th

GPK, VIST, and CDNS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 29, 2022.

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

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

Cadence (CDNS) Q1 Earnings & Revenues Top Estimates, Shares Up

Cadence (CDNS) Q1 results benefit from strength across all segments driven by higher demand for its products.

Cadence Design Systems (CDNS) Surpasses Q1 Earnings and Revenue Estimates

Cadence (CDNS) delivered earnings and revenue surprises of 15.84% and 4.97%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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

Sector ETF report for PSJ

What to Expect Ahead of Cadence (CDNS) Q1 Earnings Release

Cadence's (CDNS) Q1 performance is likely to have benefited from its diversified product portfolio and synergies from acquisitions.

Cadence (CDNS) Rolls Out High-Speed Ethernet Controller IP Family

Cadence's (CDNS) High-Speed Ethernet Controller IP family enables single- and multi-channel Ethernet channel solutions for high-performance computing up to 800G.

    Cadence (CDNS) Spectre FX Simulator Boosts SK hynix's DRAM Design

    Harnessing the power of Cadence's (CDNS) Spectre FX Simulator will deliver groundbreaking design methodology and noteworthy productivity increments for SK hynix.

    Cadence (CDNS) CloudBurst to Rev Up M31's Silicon IP Delivery

    Cadence's (CDNS) CloudBurst solution is likely to empower M31 to address peak design requirements while diminishing the delivery timeline, hardware costs and associated risks.

    Progress Software (PRGS) Tops Q1 Earnings and Revenue Estimates

    Progress Software (PRGS) delivered earnings and revenue surprises of 14.12% and 5.37%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

    Why Is Cadence (CDNS) Up 11.7% Since Last Earnings Report?

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

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

    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

    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

    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?

    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?

    Smart Beta ETF report for NUMG

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

    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

    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

    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

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

      NetApp (NTAP) to Strengthen Spot Portfolio on Fylamynt Buyout

      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

      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

      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

      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

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