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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 19% 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 $301.47. The Score for CDNS is 52, which is 4% 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 Stock Go Up Next Year?

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 19% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Buy
52
Cadence Design Systems (CDNS) is a Buy

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?

  • The current trend is moderately bearish 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:
328.99
52-Week Low:
241.29

Prediction Charts

Market Cap:
82.7B
Price in USD:
301.47
Volume:
3M
Beta:
1.41

Technical Analysis

SMA50:
292.72
SMA100:
280.22
SMA200:
289.22
52-Wk Change:
11.33%

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 301.47 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
Dec-3 306.75 313.25 314.36 305.38
Dec-4 317.63 324.54 326.19 315.00
Dec-5 318.50 303.79 319.15 302.64
Dec-6 305.00 307.51 309.95 303.70
Dec-9 310.00 309.75 315.04 307.63
Dec-10 310.42 302.86 310.55 300.25
Dec-11 307.52 308.78 311.10 305.78
Dec-12 308.42 308.22 310.29 306.55
Dec-13 305.78 306.75 308.17 301.65
Dec-16 309.54 313.49 317.25 306.50
Dec-17 312.88 311.35 315.73 310.35
Dec-18 309.03 301.24 313.99 299.43
Dec-19 304.67 299.87 306.81 299.77
Dec-20 296.71 301.47 306.50 295.98

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 $0.00 per share, an increase this year of $0.81 per share, and an increase next year of $0.95 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.