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Cadence Design Systems Stock Predictions

Buy
68

CDNS
Cadence Design Systems

Last Price:
288.84
Seasonality Move:
2.34%

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Cadence Design Systems Stock Forecast

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 15.2% based on the past 26 years of stock performance.
  • Cadence Design Systems has risen higher in 20 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 76.92%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $288.81. The Score for CDNS is 68, which is 36% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 60-70% percentile range relative to its historical Stock Score levels.

Will Cadence Design Systems Stock Go Up Next Year?

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 15.2% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Buy
68
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 20 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 76.92%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • The current trend is relatively stagnant and CDNS is experiencing selling pressure, which indicates risk of future bearish movement.

Stock Information

Stock Info

Exchange:
NASDAQ
Country:
United States
Industry:
Software
Sector:
Information Technology
Type:
stock
Website:
cadence.com

52-Week Data

52-Week High:
327.36
52-Week Low:
203.13

Prediction Charts

Market Cap:
78.6B
Price in USD:
288.81
Volume:
889.57K
Beta:
1.41

Technical Analysis

SMA50:
297.47
SMA100:
293.45
SMA200:
270.16
52-Wk Change:
41.47%

Stock Predictions

  • Is Cadence Design Systems stock public?
    Yes, Cadence Design Systems is a publicly traded company.
  • What is the Cadence Design Systems stock quote today?
    The Cadence Design Systems stock price is 288.81 USD today.
  • How to buy Cadence Design Systems stock online?
    You can buy Cadence Design Systems shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Apr-30 281.52 275.52 282.84 275.41
May-1 275.36 274.55 280.82 273.24
May-2 275.84 276.44 277.45 270.39
May-3 280.39 281.63 284.32 279.34
May-6 281.78 285.19 285.22 280.28
May-7 286.00 284.03 288.42 283.80
May-8 282.50 282.57 284.61 281.35
May-9 283.05 285.34 287.23 282.25
May-10 285.70 287.48 290.54 285.28
May-13 289.20 284.46 289.20 283.94
May-14 284.60 283.33 285.37 282.10
May-15 287.19 293.10 294.42 285.82
May-16 293.10 288.93 294.74 288.72
May-17 290.00 288.81 290.28 288.39

Cadence Design Systems Earnings

Cadence Design Systems Earnings Report: Per Share Cadence Design Systems Earnings Q1 Q2 Q3 and Q4 last year and next year.

Cadence Design Systems Forecast Revenue Growth

Cadence Design Systems Stock Analysis: Historical quarterly revenues per share for Cadence Design Systems and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.38 per share, an increase next quarter of $0.03 per share, an increase this year of $0.82 per share, and an increase next year of $1.04 per share.

* Cadence Design Systems stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.