Financhill
Back

Cadence Design Systems Stock Predictions

Cadence Design Systems Stock Forecast

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 24.3% based on the past 31 years of stock performance.
  • Cadence Design Systems has risen higher in 23 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 74.19%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $264.31. The Score for CDNS is 58, which is 16% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 50-60% 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 24.3% based on the past 31 years of stock performance.

Cadence Design Systems Stock Rating

Buy
58
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 23 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 74.19%

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:
221.56

Prediction Charts

Market Cap:
72.4B
Price in USD:
264.31
Volume:
1.9M
Beta:
1.37

Technical Analysis

SMA50:
262.08
SMA100:
283.67
SMA200:
280.33
52-Wk Change:
-12.35%

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 264.31 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-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
Apr-8 237.81 231.64 244.30 228.20
Apr-9 230.70 264.65 266.65 229.60
Apr-10 256.88 254.02 258.55 244.99
Apr-11 253.52 259.47 260.42 248.55
Apr-14 264.60 260.56 265.59 257.65
Apr-15 262.00 264.31 266.09 260.80

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 $0.29 per share, a decrease next quarter of $0.04 per share, an increase this year of $0.81 per share, and an increase next year of $1.01 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.