10/09/2024 - Here is a new BUY breakout chosen mechanically:10/09/2024 - Here is a new BUY breakout chosen mechanically:
Stop @ $246.84
Entry @ $272.64 or greater
Target @ $315.48
Next report date
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Report period
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EPS estimate
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Revenue estimate
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3.84 USD
1.04 B USD
4.09 B USD
271.81 M
About Cadence Design Systems, Inc.
Sector
Industry
CEO
Anirudh Devgan
Website
Headquarters
San Jose
Founded
1988
FIGI
BBG000C13CD9
Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. It operates through the following geographical segments: Americas, Asia, EMEA, and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.
Bullish setup in CadencaSee chart attached. Price seems to have finished the downward correction. If the last daily highs get broken my buy stop limit gets triggered. I expect to ride this upward move until the next earnings in CDNS.
7/21/24 - $cdns - Staying on the sidelines into print7/21/24 :: VROCKSTAR :: NASDAQ:CDNS
Staying on the sidelines into print
- almost 50x PE for growing 20% this year and next. that's just too expensive for my taste.
- fcf yield (round up about 2%) growing 20% is reasonable and no dilution issue - but certainly not cheap
- suffering on it's nasdaq
Cadence Design Systems (CDNS) AnalysisTechnological Advancements and Market Position:
Cadence Design Systems NASDAQ:CDNS is well-positioned for growth due to recent technological advancements and its strategic market position. The launch of the Millennium M1 supercomputer, likely powered by Nvidia GPUs, is expected to enhance Cadence'
Resistance Level Break outA break out to the upside of the resistance level may signal a trend reversal.
Cadence Design Systems Stock Slides On Weak Q2 GuidanceCadence Design Systems ( NASDAQ:CDNS ), a San Jose-based electronic design automation software manufacturer, has released its first-quarter financial results. The company reported adjusted earnings of $1.17 per share on sales of $1.01 billion, beating FactSet's estimated earnings of $1.13 per share
CDNS a chip design software company LONGCDNS located in California is a software firm supporting computer assisted design ( ACAD) for
the semi-conductor industry. While its customer base gets the headlines, this company helps
make it happen. The 120 minute chart looks good as price is uptrending with good volume
and relative strength.
CDNSCadence Design Systems, Inc., headquartered in San Jose, California, is an American multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc.
Potential swing long.
CDNS: healthy correction?A price action below 271.00 supports a bearish trend direction.
Crossing below 267.00 will trigger further support for the short-sell position.
The target price is set at 256.00 (its 38.2% Fibonacci retracement level).
The stop-loss is set at 282.00 (just above the full retracement).
A "healthy cor
Potential Short on CDNS
CDNS is currently in an ascending wedge with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, SL above last swing high, moving SL to BE when safe to do so.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
CDNS5886161
Cadence Design Systems, Inc. 4.7% 10-SEP-2034Yield to maturity
5.28%
Maturity date
Sep 10, 2034
CDNS5886349
Cadence Design Systems, Inc. 4.3% 10-SEP-2029Yield to maturity
4.86%
Maturity date
Sep 10, 2029
CDNS5886227
Cadence Design Systems, Inc. 4.2% 10-SEP-2027Yield to maturity
4.69%
Maturity date
Sep 10, 2027
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Frequently Asked Questions
The current price of CDNS is 301.47 USD — it has increased by 0.53% in the past 24 hours. Watch Cadence Design Systems, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Cadence Design Systems, Inc. stocks are traded under the ticker CDNS.
CDNS stock has fallen by −1.41% compared to the previous week, the month change is a 0.93% rise, over the last year Cadence Design Systems, Inc. has showed a 10.15% increase.
We've gathered analysts' opinions on Cadence Design Systems, Inc. future price: according to them, CDNS price has a max estimate of 365.00 USD and a min estimate of 225.00 USD. Watch CDNS chart and read a more detailed Cadence Design Systems, Inc. stock forecast: see what analysts think of Cadence Design Systems, Inc. and suggest that you do with its stocks.
CDNS reached its all-time high on Jun 20, 2024 with the price of 328.99 USD, and its all-time low was 0.79 USD and was reached on Dec 7, 1987. View more price dynamics on CDNS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CDNS stock is 3.55% volatile and has beta coefficient of 1.89. Track Cadence Design Systems, Inc. stock price on the chart and check out the list of the most volatile stocks — is Cadence Design Systems, Inc. there?
Today Cadence Design Systems, Inc. has the market capitalization of 82.68 B, it has increased by 0.83% over the last week.
Yes, you can track Cadence Design Systems, Inc. financials in yearly and quarterly reports right on TradingView.
Cadence Design Systems, Inc. is going to release the next earnings report on Feb 25, 2025. Keep track of upcoming events with our Earnings Calendar.
CDNS earnings for the last quarter are 1.64 USD per share, whereas the estimation was 1.46 USD resulting in a 12.20% surprise. The estimated earnings for the next quarter are 1.82 USD per share. See more details about Cadence Design Systems, Inc. earnings.
Cadence Design Systems, Inc. revenue for the last quarter amounts to 1.22 B USD, despite the estimated figure of 1.18 B USD. In the next quarter, revenue is expected to reach 1.35 B USD.
CDNS net income for the last quarter is 238.11 M USD, while the quarter before that showed 229.52 M USD of net income which accounts for 3.74% change. Track more Cadence Design Systems, Inc. financial stats to get the full picture.
No, CDNS doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 22, 2024, the company has 11.20 K employees. See our rating of the largest employees — is Cadence Design Systems, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Cadence Design Systems, Inc. EBITDA is 1.44 B USD, and current EBITDA margin is 34.59%. See more stats in Cadence Design Systems, Inc. financial statements.
Like other stocks, CDNS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Cadence Design Systems, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Cadence Design Systems, Inc. technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Cadence Design Systems, Inc. stock shows the buy signal. See more of Cadence Design Systems, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.