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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 23.7% based on the past 31 years of stock performance.
  • Cadence Design Systems, Inc. has risen higher in 24 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 77.42%
  • Is Cadence Design Systems, Inc. Stock Undervalued?
    The current Cadence Design Systems, Inc. [CDNS] share price is $336.11. The Score for CDNS is 75, which is 50% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 70-80% 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 23.7% based on the past 31 years of stock performance.

Cadence Design Systems, Inc. Stock Rating

Buy
75
Cadence Design Systems, Inc. (CDNS) is a Buy

Is Cadence Design Systems, Inc. overpriced?

  • Cadence Design Systems, Inc. has risen higher in 24 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 77.42%

Cadence Design Systems, Inc. Stock Price History

Is CDNS stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish 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:
91.5B
Price in USD:
336.11
Volume:
2.7M
Beta:
1.36

Technical Analysis

SMA50:
330.00
SMA100:
338.85
SMA200:
310.58
52-Wk Change:
7.3%

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 336.11 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
Nov-13 314.89 315.99 317.47 312.99
Nov-14 311.85 314.93 319.65 310.65
Nov-17 313.54 311.29 315.83 309.64
Nov-18 307.73 303.21 310.34 302.14
Nov-19 304.21 306.76 310.12 302.43
Nov-20 312.15 302.14 316.71 301.63
Nov-21 301.92 300.58 303.90 295.18
Nov-24 303.37 304.47 305.72 299.65
Nov-25 300.75 303.66 305.75 298.17
Nov-26 307.05 306.35 308.18 304.03
Nov-28 309.06 311.84 311.96 306.33
Dec-1 312.64 309.62 313.05 306.83
Dec-2 311.51 317.94 319.07 311.23
Dec-3 315.80 336.11 338.00 315.68

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.