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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 26.8% based on the past 32 years of stock performance.
  • Cadence Design Systems, Inc. has risen higher in 25 of those 32 years over the subsequent 52-week period, corresponding to a historical accuracy of 78.13%
  • Is Cadence Design Systems, Inc. Stock Undervalued?
    The current Cadence Design Systems, Inc. [CDNS] share price is $318.32. The Score for CDNS is 68, which is 36% 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 26.8% based on the past 32 years of stock performance.

Cadence Design Systems, Inc. Stock Rating

Buy
68
Cadence Design Systems, Inc. (CDNS) is a Buy

Is Cadence Design Systems, Inc. overpriced?

  • Cadence Design Systems, Inc. has risen higher in 25 of those 32 years over the subsequent 52-week period, corresponding to a historical accuracy of 78.13%

Cadence Design Systems, Inc. Stock Price History

Is CDNS stock going to rise?

  • The current trend is relatively stagnant 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:
376.45
52-Week Low:
221.56

Prediction Charts

Market Cap:
86.6B
Price in USD:
318.32
Volume:
1.5M
Beta:
1.36

Technical Analysis

SMA50:
317.40
SMA100:
330.66
SMA200:
322.19
52-Wk Change:
-1.91%

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 318.32 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-5 311.46 301.22 314.17 300.40
Jan-6 301.50 314.64 316.04 300.88
Jan-7 314.39 320.54 324.71 314.39
Jan-8 317.01 318.80 319.45 312.95
Jan-9 319.90 327.31 328.59 315.41
Jan-12 325.88 325.51 328.51 321.02
Jan-13 322.63 323.06 327.67 318.00
Jan-14 319.50 313.17 320.53 309.92
Jan-15 317.44 320.60 328.64 316.00
Jan-16 321.83 317.45 322.47 314.50
Jan-20 310.56 307.00 311.45 305.77
Jan-21 307.53 313.84 316.16 304.95
Jan-22 317.00 317.09 317.83 310.80
Jan-23 315.50 318.32 323.54 312.01

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.