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Cadence Design Systems, Inc. Stock Predictions

This Tech Company Grew 32,481%...

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Buy
66

CDNS
Cadence Design Systems, Inc.

Last Price:
$317.50
Seasonality Move:
4.93%

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Cadence Design Systems, Inc. Stock Forecast

  • Over the next 52 weeks, Cadence Design Systems, Inc. has on average historically risen by 24% based on the past 31 years of stock performance.
  • Cadence Design Systems, Inc. has risen higher in 22 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 70.97%
  • Is Cadence Design Systems, Inc. Stock Undervalued?
    The current Cadence Design Systems, Inc. [CDNS] share price is $314.91. The Score for CDNS is 66, which is 32% 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, Inc. Stock Go Up Next Year?

  • Over the next 52 weeks, Cadence Design Systems, Inc. has on average historically risen by 24% based on the past 31 years of stock performance.

Cadence Design Systems, Inc. Stock Rating

Buy
66
Cadence Design Systems, Inc. (CDNS) is a Buy

Is Cadence Design Systems, Inc. overpriced?

  • Cadence Design Systems, Inc. has risen higher in 22 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 70.97%

Cadence Design Systems, Inc. Stock Price History

Is CDNS stock going to rise?

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish 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:
376.45
52-Week Low:
221.56

Prediction Charts

Market Cap:
85.7B
Price in USD:
314.91
Volume:
4M
Beta:
1.36

Technical Analysis

SMA50:
324.46
SMA100:
338.51
SMA200:
315.07
52-Wk Change:
5.02%

Stock Predictions

  • Is Cadence Design Systems, Inc. stock public?
    Yes, Cadence Design Systems, Inc. is a publicly traded company.
  • What is the Cadence Design Systems, Inc. stock quote today?
    The Cadence Design Systems, Inc. stock price is 314.91 USD today.
  • How to buy Cadence Design Systems, Inc. stock online?
    You can buy Cadence Design Systems, Inc. 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
Dec-2 311.51 317.94 319.07 311.23
Dec-3 315.80 336.11 338.00 315.68
Dec-4 336.87 337.30 339.59 334.32
Dec-5 338.43 337.53 341.04 336.16
Dec-8 337.99 337.29 340.83 336.52
Dec-9 336.26 335.07 338.04 333.46
Dec-10 334.44 338.06 341.31 333.24
Dec-11 337.95 335.43 338.00 329.35
Dec-12 334.63 323.22 335.24 322.65
Dec-15 324.08 318.43 327.77 317.66
Dec-16 318.55 319.53 323.00 316.42
Dec-17 319.00 313.02 319.89 310.94
Dec-18 318.39 315.10 322.41 314.35
Dec-19 315.10 314.91 319.28 313.76

Cadence Design Systems, Inc. Earnings

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

Cadence Design Systems, Inc. Forecast Revenue Growth

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

  • Analysts estimate an earnings increase this quarter of $0.27 per share, a decrease next quarter of $0.00 per share, an increase this year of $1.13 per share, and an increase next year of $1.01 per share.

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