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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 25.1% based on the past 31 years of stock performance.
  • Cadence Design Systems has risen higher in 23 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 74.19%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $300.81. The Score for CDNS is 58, which is 16% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 50-60% 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 25.1% based on the past 31 years of stock performance.

Cadence Design Systems Stock Rating

Buy
58
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 23 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 74.19%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • The current trend is moderately bearish and CDNS is experiencing slight buying pressure.

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:
328.99
52-Week Low:
221.56

Prediction Charts

Market Cap:
82.1B
Price in USD:
300.81
Volume:
1.7M
Beta:
1.36

Technical Analysis

SMA50:
291.17
SMA100:
280.79
SMA200:
283.75
52-Wk Change:
-3.62%

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 300.81 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
May-28 322.87 288.61 323.39 284.30
May-29 293.11 284.50 294.13 276.61
May-30 284.43 287.07 288.21 280.34
Jun-2 286.76 292.53 292.87 285.48
Jun-3 289.12 293.33 294.81 289.12
Jun-4 293.91 294.40 296.09 291.62
Jun-5 294.40 296.29 302.00 294.40
Jun-6 299.34 296.95 299.64 295.65
Jun-9 307.58 301.66 310.95 301.52
Jun-10 302.41 305.69 306.08 300.47
Jun-11 306.00 307.20 309.39 302.45
Jun-12 306.40 307.85 310.00 306.10
Jun-13 302.00 300.00 305.30 299.62
Jun-16 300.69 300.81 302.41 297.03

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 $0.26 per share, an increase next quarter of $0.12 per share, an increase this year of $0.81 per share, and an increase next year of $0.99 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.