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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 15.1% based on the past 27 years of stock performance.
  • Cadence Design Systems has risen higher in 19 of those 27 years over the subsequent 52-week period, corresponding to a historical accuracy of 70.37%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $258.50. The Score for CDNS is 61, which is 22% 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 15.1% based on the past 27 years of stock performance.

Cadence Design Systems Stock Rating

Buy
61
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 19 of those 27 years over the subsequent 52-week period, corresponding to a historical accuracy of 70.37%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • The current trend is relatively stagnant 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:
230.09

Prediction Charts

Market Cap:
70.9B
Price in USD:
258.50
Volume:
1.7M
Beta:
1.41

Technical Analysis

SMA50:
281.30
SMA100:
289.38
SMA200:
285.42
52-Wk Change:
-18.42%

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 258.50 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
Feb-28 249.80 250.50 253.77 245.81
Mar-3 253.01 241.74 253.45 240.35
Mar-4 240.40 241.29 246.47 233.72
Mar-5 240.02 244.70 246.79 238.65
Mar-6 238.97 243.16 245.34 237.54
Mar-7 241.76 243.21 245.08 233.78
Mar-11 234.00 234.25 238.41 230.09
Mar-12 240.15 239.22 244.99 239.14
Mar-13 240.76 241.56 247.20 239.80
Mar-14 241.68 247.43 248.00 241.46
Mar-17 246.25 255.11 258.14 246.25
Mar-18 252.04 253.88 255.99 251.35
Mar-19 255.00 258.70 262.14 254.08
Mar-20 255.93 258.50 259.86 254.88

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 $0.03 per share, an increase this year of $0.81 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.