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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 14.5% based on the past 26 years of stock performance.
  • Cadence Design Systems has risen higher in 17 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 65.38%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $255.85. The Score for CDNS is 50, which is 0% below its historic median score of 50, and infers higher risk than normal.
  • CDNS is currently trading in the 40-50% 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 14.5% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Sell
50
Cadence Design Systems (CDNS) is a Sell

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 17 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 65.38%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • The current trend is relatively stagnant and CDNS is experiencing buying pressure, which is a positive indicator for future bullish 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:
70.06B
Price in USD:
255.85
Volume:
1.56M
Beta:
1.41

Technical Analysis

SMA50:
277.59
SMA100:
285.50
SMA200:
288.04
52-Wk Change:
7.5%

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 255.85 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-21 280.58 284.56 284.98 279.15
Aug-22 286.68 275.59 287.47 274.63
Aug-23 279.02 273.90 280.92 272.77
Aug-26 271.43 268.25 271.94 264.01
Aug-27 266.02 268.93 270.93 264.34
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

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.