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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 25.3% based on the past 31 years of stock performance.
  • Cadence Design Systems has risen higher in 24 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 77.42%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $233.82. The Score for CDNS is 49, which is 2% 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 25.3% based on the past 31 years of stock performance.

Cadence Design Systems Stock Rating

Sell
49
Cadence Design Systems (CDNS) is a Sell

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 24 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 77.42%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish 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:
221.56

Prediction Charts

Market Cap:
64.1B
Price in USD:
233.82
Volume:
4.2M
Beta:
1.37

Technical Analysis

SMA50:
266.84
SMA100:
286.25
SMA200:
282.03
52-Wk Change:
-24.09%

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 233.82 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
Mar-19 255.00 258.70 262.14 254.08
Mar-20 255.93 258.50 259.86 254.88
Mar-21 254.91 262.42 266.95 252.06
Mar-24 266.00 267.15 268.24 264.00
Mar-25 267.15 269.11 269.71 265.97
Mar-26 269.30 263.41 269.30 262.52
Mar-27 261.98 262.54 263.98 258.21
Mar-28 262.31 256.69 263.24 255.87
Mar-31 253.09 254.33 254.97 248.52
Apr-1 252.64 258.79 259.48 251.82
Apr-2 253.52 264.94 265.73 253.44
Apr-3 252.34 248.91 255.19 245.42
Apr-4 243.53 232.88 246.22 232.37
Apr-7 229.65 233.82 245.66 221.56

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.