$312.39
0.17% yesterday
Nasdaq, Nov 25, 10:01 pm CET
ISIN
US1273871087
Symbol
CDNS

Cadence Design Systems Stock News

Neutral
Business Wire
12 days ago
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #Cadence--Fortune Magazine and Great Place To Work® have honored Cadence once again in the Top 10 on its World's Best Workplaces™ 2024, ranking Cadence #9.
Positive
MarketBeat
12 days ago
When thinking about innovative companies that are trying fervently to stay ahead of the competition, research and development (R&D) spending is a key indicator of this ethos. Often quoted as a percentage of revenue, R&D spending is a driving force for many companies, especially those in the technology sector.
Positive
Investors Business Daily
15 days ago
All three companies joining the Watchlist hold very good IBD ratings. The post Growth Stocks To Buy For The Long Term: Three Steady Earnings Growers Join The Watchlist appeared first on Investor's Business Daily.
Positive
The Motley Fool
25 days ago
Cadence Design has demonstrated years of profitable expansion.
Positive
Seeking Alpha
26 days ago
I'm initiating Cadence Design Systems stock with a buy for mid to long-term investors. Cadence should see better top-line growth in 2025 and 2026 on the back of AI adoption and the increased need for EDA providers, a market that it dominates alongside Synopsys. The EDA market is expected to grow at a CAGR of 9.40% from 2024 to 2032 to $35.88 billion.
Positive
Investopedia
28 days ago
Shares of Cadence Design Systems (CDNS) shares climbed more than 12% on Tuesday to notch the top daily performance of any S&P 500 stock after the electronic design automation firm posted strong quarterly results and boosted its full-year guidance.
Positive
The Motley Fool
28 days ago
Cadence blew its Q3 earnings estimates out of the water, and management forecast an even better Q4.
Positive
Seeking Alpha
28 days ago
I rate Cadence a BUY due to its solid business model, strong growth prospects, and robust free cash flow supporting share buybacks. Recent 3Q24 results and 4Q24 guidance indicate a resurgence in demand, with expected revenue growth accelerating to 26% in 4Q24. Cadence's valuation remains reasonable at 37x P/cash earnings for YE25, with a potential YE26 target of $374, maintaining the current ma...

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