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Cadence Design Systems (CDNS)

(Delayed Data from NSDQ)

$301.25 USD

301.25
1,242,346

-0.47 (-0.16%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $301.34 +0.09 (0.03%) 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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3-Hold of 5     3    

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 C Growth B Momentum D 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 18% (46 out of 250)

Industry: Computer - Software

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Zacks News

SentinelOne (S) Q4 Earnings Beat Estimates, Revenues Up Y/Y

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SentinelOne (S) fourth-quarter 2024 results reflect improved revenues driven by strong demand for its AI-powered security solutions.

Nice Enhances Customer Base With the Recent Addition of iQor

by Zacks Equity Research

Nice (NICE) CXone platform has been selected by iQor to transform interactions and deliver an outstanding digital experience.

Why Is Cadence (CDNS) Up 5.8% Since Last Earnings Report?

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.

DoorDash (DASH) Introduces SafeChat+ for Enhanced Safety

by Zacks Equity Research

DoorDash (DASH) launches SafeChat+, using AI to swiftly detect and prevent verbal abuse, ensuring a safer and more positive experience for users.

Is Cadence Design Systems (CDNS) Stock Outpacing Its Computer and Technology Peers This Year?

by Zacks Equity Research

Here is how Cadence Design Systems (CDNS) and AudioEye (AEYE) have performed compared to their sector so far this year.

Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?

by Zacks Equity Research

The average brokerage recommendation (ABR) for Cadence (CDNS) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today

by Zacks Equity Research

The latest trading day saw Cadence Design Systems (CDNS) settling at $311.28, representing a +1.81% change from its previous close.

RingCentral (RNG) Aids Communication Portfolio With Optus Loop

by Zacks Equity Research

RingCentral (RNG) and Optus introduce Optus Loop for seamless cloud communication in Australia.

The Zacks Analyst Blog Highlights Exxon Mobil, PepsiCo, HSBC, Cadence Design Systems and CrowdStrike Holdings

by Zacks Equity Research

Exxon Mobil, PepsiCo, HSBC, Cadence Design Systems and CrowdStrike Holdings are part of the Zacks top Analyst Blog.

Cadence Design Systems (CDNS) Suffers a Larger Drop Than the General Market: Key Insights

by Zacks Equity Research

Cadence Design Systems (CDNS) reachead $305.74 at the closing of the latest trading day, reflecting a -0.93% change compared to its last close.

Sheraz Mian headshot

Top Analyst Reports for Exxon Mobil, PepsiCo & HSBC

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), PepsiCo, Inc. (PEP) and HSBC Holdings plc (HSBC).

Looking for a Growth Stock? 3 Reasons Why Cadence (CDNS) is a Solid Choice

by Zacks Equity Research

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

Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock

by Zacks Equity Research

Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Cadence (CDNS) to Expand Its Portfolio With BETA CAE Acquisition

by Zacks Equity Research

Cadence (CDNS) inks a definitive agreement to acquire BETA CAE Systems to enter into the structural analysis sector.

Cadence Design Systems and eXp World have been highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

Cadence Design Systems and eXp World have been highlighted as Zacks Bull and Bear of the Day.

Ethan Feller headshot

Bull of the Day: Cadence Design Systems (CDNS)

by Ethan Feller

Cadence Design Systems plays a crucial yet often overlooked role in the development of semiconductors

Cadence Design Systems (CDNS) Increases Despite Market Slip: Here's What You Need to Know

by Zacks Equity Research

Cadence Design Systems (CDNS) reachead $317.43 at the closing of the latest trading day, reflecting a +0.69% change compared to its last close.

Zacks Investment Ideas feature highlights: Nvidia, Meta Platforms, Cadence Design Systems and Amazon

by Zacks Equity Research

Nvidia, Meta Platforms, Cadence Design Systems and Amazon are part of the Zacks Investment Ideas article.

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Can This U.S. "AI" Boom Override Geopolitics?

by John Blank

An Aggressive Posture on Asset Allocation Can Remain Attractive.

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Its a Bull Market You Know: Top Ranked Stocks to Ride the Trend

by Ethan Feller

Jesse Livermore used this principle to make millions trading

Cadence (CDNS) Expands Its Tensilica Portfolio for Sensor Fusion

by Zacks Equity Research

Cadence's (CDNS) new Tensilica IP enables multi-modal, sensor-based system designs with advanced energy efficiency and compactness.

Iridium's (IRDM) Solutions to Enhance ROK's Military Operations

by Zacks Equity Research

Iridium's (IRDM) solutions are set to strengthen the ROK Army's data tracking and communication capabilities

Aspen's (AZPN) DGM Solution Leveraged by Adani Electricity

by Zacks Equity Research

Aspen (AZPN) is set to assist Adani Electricity to address the rising complexity of electrical grids.

Cadence Design Systems (CDNS) Stock Falls Amid Market Uptick: What Investors Need to Know

by Zacks Equity Research

In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $300.01, denoting a -1.21% change from the preceding trading day.

Orange (ORAN) and Cisco Sign MoU to Reduce GHG Emission

by Zacks Equity Research

Orange (ORAN) and Cisco sign a MoU that allows them to track emissions across their joint portfolio.