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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 16.9% based on the past 26 years of stock performance.
  • Cadence Design Systems has risen higher in 18 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 69.23%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $270.23. The Score for CDNS is 47, which is 6% below its historic median score of 50, and infers higher risk than normal.
  • CDNS is currently trading in the 40-50% 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 16.9% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Sell
47
Cadence Design Systems (CDNS) is a Sell

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 18 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 69.23%

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:
328.99
52-Week Low:
241.29

Prediction Charts

Market Cap:
74.1B
Price in USD:
270.23
Volume:
3.6M
Beta:
1.41

Technical Analysis

SMA50:
302.00
SMA100:
293.33
SMA200:
289.02
52-Wk Change:
-7.48%

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 270.23 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
Jan-31 299.60 297.62 304.72 297.33
Feb-3 292.32 298.30 299.47 289.83
Feb-4 295.11 299.67 300.28 295.11
Feb-5 298.00 302.65 303.73 295.84
Feb-6 302.55 302.91 306.75 300.66
Feb-7 304.01 299.68 309.89 297.37
Feb-10 303.83 305.63 305.89 301.22
Feb-11 301.47 303.87 304.11 298.63
Feb-12 296.20 294.05 298.09 291.96
Feb-13 294.00 296.16 297.51 293.47
Feb-14 295.92 295.19 296.01 291.96
Feb-18 297.10 300.43 300.86 292.57
Feb-19 285.22 274.04 286.49 264.62
Feb-20 274.50 270.23 277.63 268.71

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 $0.30 per share, a decrease next quarter of $0.03 per share, an increase this year of $0.82 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.