Financhill
Back

Cadence Design Systems, Inc. Stock Predictions

Cadence Design Systems, Inc. Stock Forecast

  • Over the next 52 weeks, Cadence Design Systems, Inc. has on average historically risen by 24.5% based on the past 32 years of stock performance.
  • Cadence Design Systems, Inc. has risen higher in 23 of those 32 years over the subsequent 52-week period, corresponding to a historical accuracy of 71.88%
  • Is Cadence Design Systems, Inc. Stock Undervalued?
    The current Cadence Design Systems, Inc. [CDNS] share price is $299.46. The Score for CDNS is 62, which is 24% 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 24.5% based on the past 32 years of stock performance.

Cadence Design Systems, Inc. Stock Rating

Buy
62
Cadence Design Systems, Inc. (CDNS) is a Buy

Is Cadence Design Systems, Inc. overpriced?

  • Cadence Design Systems, Inc. has risen higher in 23 of those 32 years over the subsequent 52-week period, corresponding to a historical accuracy of 71.88%

Cadence Design Systems, Inc. Stock Price History

Is CDNS stock going to rise?

  • The current trend is relatively stagnant and CDNS is experiencing buying pressure, which is a positive indicator for future bullish 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:
81.5B
Price in USD:
299.46
Volume:
2.9M
Beta:
1.36

Technical Analysis

SMA50:
312.94
SMA100:
321.77
SMA200:
324.35
52-Wk Change:
1.11%

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 299.46 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
Jan-27 321.70 318.37 323.00 317.21
Jan-28 321.62 320.49 325.19 316.46
Jan-29 316.61 302.67 317.00 293.44
Jan-30 298.46 296.36 298.88 293.63
Feb-2 295.09 289.19 296.34 288.46
Feb-3 283.83 268.50 285.98 262.75
Feb-4 269.87 271.42 275.30 265.74
Feb-5 271.68 270.14 276.41 266.14
Feb-6 276.18 283.52 285.34 272.92
Feb-9 283.49 291.00 291.76 279.56
Feb-10 294.16 299.00 301.07 293.00
Feb-11 301.19 299.65 302.25 294.50
Feb-12 298.71 288.33 302.58 287.53
Feb-13 287.44 299.46 300.73 287.44

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 $1.01 per share, and an increase next year of $1.18 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.