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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% based on the past 26 years of stock performance.
  • Cadence Design Systems has risen higher in 20 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 76.92%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $274.79. The Score for CDNS is 62, which is 24% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 60-70% 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% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Buy
62
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 20 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 76.92%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • The current trend is relatively stagnant 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:
227.05

Prediction Charts

Market Cap:
75.24B
Price in USD:
274.79
Volume:
1.8M
Beta:
1.41

Technical Analysis

SMA50:
272.98
SMA100:
284.91
SMA200:
288.00
52-Wk Change:
17.39%

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 274.79 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
Aug-28 266.92 263.09 268.42 260.70
Aug-29 266.16 265.63 271.00 262.31
Aug-30 269.13 268.95 270.56 265.87
Sep-3 266.89 256.32 268.49 255.20
Sep-4 249.03 254.13 255.93 248.50
Sep-5 249.28 250.95 255.79 248.61
Sep-6 251.85 247.58 254.45 245.45
Sep-9 251.33 252.82 253.02 245.77
Sep-10 253.91 255.85 256.70 252.34
Sep-11 256.35 264.72 265.03 254.80
Sep-12 265.24 269.94 272.28 264.55
Sep-13 269.41 268.72 270.98 266.22
Sep-16 268.91 273.13 273.88 266.85
Sep-17 275.98 274.79 279.33 274.01

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 $0.22 per share, an increase next quarter of $0.25 per share, an increase this year of $0.77 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.