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Cadence Design Systems Stock Predictions

Cadence Design Systems Stock Forecast

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 16% 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 $285.90. The Score for CDNS is 65, which is 30% 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 16% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Buy
65
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?

  • 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:
327.36
52-Week Low:
194.01

Prediction Charts

Market Cap:
77.83B
Price in USD:
285.90
Volume:
2.42M
Beta:
1.41

Technical Analysis

SMA50:
306.29
SMA100:
290.73
SMA200:
265.28
52-Wk Change:
33.74%

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 285.90 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-1 310.46 312.09 313.97 308.65
Apr-2 307.00 306.36 307.27 303.53
Apr-3 304.00 310.58 312.17 304.00
Apr-4 314.90 306.49 317.09 306.04
Apr-5 309.12 308.02 310.80 307.12
Apr-8 309.05 311.16 312.20 306.20
Apr-9 312.74 311.41 313.45 305.04
Apr-10 305.55 304.59 307.44 303.01
Apr-11 304.61 310.10 310.77 303.96
Apr-12 305.55 305.85 306.89 304.02
Apr-15 310.50 301.65 310.73 299.68
Apr-16 298.92 300.81 302.04 296.57
Apr-17 300.81 293.62 303.63 293.62
Apr-18 295.05 285.90 296.16 282.60

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 $0.40 per share, a decrease next quarter of $0.06 per share, an increase this year of $0.83 per share, and an increase next year of $1.03 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.