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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 24.5% based on the past 31 years of stock performance.
  • Cadence Design Systems has risen higher in 26 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 83.87%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $311.77. The Score for CDNS is 72, which is 44% 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 Stock Go Up Next Year?

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 24.5% based on the past 31 years of stock performance.

Cadence Design Systems Stock Rating

Buy
72
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 26 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 83.87%

Cadence Design Systems 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 slight selling 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:
85.1B
Price in USD:
311.77
Volume:
2.4M
Beta:
1.37

Technical Analysis

SMA50:
265.09
SMA100:
280.24
SMA200:
279.05
52-Wk Change:
8.45%

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 311.77 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-23 266.78 265.42 272.81 264.79
Apr-24 270.31 281.78 283.00 270.00
Apr-25 279.99 289.63 290.50 279.45
Apr-28 288.02 285.74 289.41 281.70
Apr-29 289.64 302.22 303.60 289.64
Apr-30 294.51 297.74 299.98 293.85
May-1 301.74 299.73 304.70 299.41
May-2 305.27 308.15 310.58 304.19
May-5 307.00 308.83 311.98 305.60
May-6 302.89 305.78 308.65 302.29
May-7 306.15 308.34 310.88 304.77
May-8 311.22 307.96 313.00 307.70
May-9 309.53 305.78 309.53 303.82
May-12 320.00 311.77 320.00 308.58

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 $0.28 per share, an increase next quarter of $0.13 per share, an increase this year of $0.85 per share, and an increase next year of $1.00 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.