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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

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Zacks News

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.

Earnings Preview: Cadence Design Systems (CDNS) Q4 Earnings Expected to Decline

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.

WIX Partners With Yellow Pages to Help Digitization of SMBs

by Zacks Equity Research

The partnership between WIX and Yellow Pages can foster an attractive website for SMBs, helping them gain an online presence.

SAP & IBM Join Forces to Rev Up Workload Transition to Cloud

by Zacks Equity Research

The latest agreement strengthens the existing partnership between SAP and IBM by giving clients access to tools, enabling them to expedite the transition of their SAP workloads to the cloud.

VeriSign (VRSN) Q4 Earnings Beat Estimates, Revenues Up Y/Y

by Zacks Equity Research

VeriSign's (VRSN) fourth-quarter 2021 results benefit from an increase in .com and .net domain name registrations.

Sheraz Mian headshot

Top Research Reports for UnitedHealth, Costco & Applied Materials

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Incorporated (UNH), Costco Wholesale Corporation (COST), and Applied Materials, Inc. (AMAT).

Sonos (SONO) Beats on Earnings In Q1, Raises '22 Outlook

by Zacks Equity Research

Sonos' (SONO) first-quarter fiscal 2022 results are driven by a robust demand environment amid global supply chain disruptions.

FUJIFILM's (FUJIY) Q3 Earnings and Revenues Increase Y/Y

by Zacks Equity Research

FUJIFILM's (FUJIY) Q3 performance benefits from strength across the Healthcare, Materials and Imaging Solutions segments.

Onto Innovation (ONTO) Q4 Earnings & Revenues Beat Estimates

by Zacks Equity Research

Onto Innovation's (ONTO) Q4 results benefit from higher demand from several end markets, particularly advanced nodes and specialty devices and advanced packaging.

Fortive (FTV) Q4 Earnings Beat Estimates, Revenues Miss

by Zacks Equity Research

Fortive (FTV) fourth-quarter 2021 results are driven by solid customer demand trends and an increase in bookings for SaaS offerings.

GoPro (GPRO) Q4 Earnings & Revenues Beat Estimates, Up Y/Y

by Zacks Equity Research

GoPro's (GPRO) fourth-quarter 2021 top line benefits from higher subscription revenues and robust sales of premium products.

Sensata (ST) Q4 Earnings & Revenues Top Estimates, Up Y/Y

by Zacks Equity Research

Sensata's (ST) fourth-quarter 2021 results reflect consistent benefits from the acquisitions amid extensive supply chain troubles.

Manhattan Associates (MANH) Q4 Earnings and Revenues Beat Estimates

by Zacks Equity Research

Manhattan Associates (MANH) delivered earnings and revenue surprises of 26.32% and 5.64%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cirrus Logic's (CRUS) Q3 Earnings & Revenues Beat Estimates

by Zacks Equity Research

Cirrus Logic's (CRUS) Q3 performance benefits from solid demand for its portfolio of solutions.

Citrix (CTXS) Q4 Earnings Increase, Set to be Taken Over

by Zacks Equity Research

Citrix (CTXS) is set to be acquired by affiliates of Vista Equity Partners and Elliot Investment Management in a $16.5-billion all-cash deal.