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Cadence Design Systems, Inc. Stock Predictions

This Tech Company Grew 32,481%...

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Buy
53

CDNS
Cadence Design Systems, Inc.

Last Price:
$278.78
Seasonality Move:
4.01%

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Cadence Design Systems, Inc. Stock Forecast

  • Over the next 52 weeks, Cadence Design Systems, Inc. has on average historically risen by 24.7% 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 $278.72. The Score for CDNS is 53, which is 6% 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, Inc. Stock Go Up Next Year?

  • Over the next 52 weeks, Cadence Design Systems, Inc. has on average historically risen by 24.7% based on the past 32 years of stock performance.

Cadence Design Systems, Inc. Stock Rating

Buy
53
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?

  • 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 buying pressure, which is a positive indicator for future bullish 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:
376.45
52-Week Low:
221.56

Prediction Charts

Market Cap:
76.5B
Price in USD:
278.72
Volume:
1.5M
Beta:
1.36

Technical Analysis

SMA50:
292.86
SMA100:
305.31
SMA200:
321.77
52-Wk Change:
5.2%

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 278.72 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
Mar-16 289.33 292.72 295.43 288.00
Mar-17 293.89 293.75 300.94 292.49
Mar-18 291.93 289.64 295.30 289.50
Mar-19 288.92 287.40 292.61 284.35
Mar-20 286.42 283.90 287.39 281.46
Mar-23 289.20 292.52 299.29 286.79
Mar-24 289.51 284.32 290.50 277.00
Mar-25 288.69 281.39 290.37 277.65
Mar-26 278.00 280.62 284.16 278.00
Mar-27 278.26 271.77 280.43 271.05
Mar-30 272.18 270.88 276.37 268.80
Mar-31 273.27 277.87 278.61 271.60
Apr-1 280.19 280.19 281.60 274.66
Apr-2 273.69 278.72 280.26 271.34

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 $0.20 per share, an increase next quarter of $0.10 per share, an increase this year of $0.83 per share, and an increase next year of $1.54 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.