Cadence Design Sys
(NASDAQ:CDNS)
$171.33
1.05[0.62%]
At close: Oct 4
$171.33
After Hours: 4:14PM EDT
Day Range170.34 - 174.3352 Wk Range132.32 - 194.97Open / Close173.28 / 171.33Float / Outstanding207.5M / 273.9M
Vol / Avg.2.1M / 1.6MMkt Cap46.9BP/E60.8150d Avg. Price176.08
Div / Yield-Payout Ratio-Total Float207.5MEPS0.69

Cadence Design Sys Stock (NASDAQ:CDNS), Quotes and News Summary

Cadence Design Sys Stock (NASDAQ: CDNS)

Day Range170.34 - 174.3352 Wk Range132.32 - 194.97Open / Close173.28 / 171.33Float / Outstanding207.5M / 273.9M
Vol / Avg.2.1M / 1.6MMkt Cap46.9BP/E60.8150d Avg. Price176.08
Div / Yield-Payout Ratio-Total Float207.5MEPS0.69
Sector: Information Technology.Industry: Software
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.

Earnings

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Q3 2022Est.ActualSurprise
EPS
(EXPECTED)2022-10-24
REV
Q2 2022Est.ActualSurprise
EPS0.9601.080 0.1200
REV836.890M857.521M20.631M

Analyst Ratings

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DateAnalyst FirmAnalyst NameActionRatingAction Price Prior Price Target

Cadence Design Sys Questions & Answers

Q
How do I buy Cadence Design Sys (CDNS) stock?
A

You can purchase shares of Cadence Design Sys (NASDAQ: CDNS) through any online brokerage.

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Q
Who are Cadence Design Sys's (CDNS) competitors?
A

Other companies in Cadence Design Sys’s space includes: SAP (NYSE:SAP), Intuit (NASDAQ:INTU), Datadog (NASDAQ:DDOG), Fair Isaac (NYSE:FICO) and Dynatrace (NYSE:DT).

Q
What is the target price for Cadence Design Sys (CDNS) stock?
A

The latest price target for Cadence Design Sys (NASDAQ: CDNS) was reported by Deutsche Bank on Thursday, September 29, 2022. The analyst firm set a price target for 200.00 expecting CDNS to rise to within 12 months (a possible 16.73% upside). 21 analyst firms have reported ratings in the last year.

Q
Current Stock Price for Cadence Design Sys (CDNS)?
A

The stock price for Cadence Design Sys (NASDAQ: CDNS) is $171.33 last updated October 4, 2022, 8:00 PM UTC.

Q
Does Cadence Design Sys (CDNS) pay a dividend?
A

There are no upcoming dividends for Cadence Design Sys.

Q
When is Cadence Design Sys (NASDAQ:CDNS) reporting earnings?
A

Cadence Design Sys’s Q3 earnings are confirmed for Monday, October 24, 2022.

Q
Is Cadence Design Sys (CDNS) going to split?
A

There is no upcoming split for Cadence Design Sys.

Q
What sector and industry does Cadence Design Sys (CDNS) operate in?
A

Cadence Design Sys is in the Information Technology sector and Software industry. They are listed on the NASDAQ.