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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 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 $294.40. The Score for CDNS is 56, which is 12% 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
56
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:
80.4B
Price in USD:
294.40
Volume:
1.4M
Beta:
1.36

Technical Analysis

SMA50:
284.41
SMA100:
280.86
SMA200:
282.74
52-Wk Change:
2.53%

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 294.40 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
May-15 318.36 318.77 321.87 317.74
May-16 320.16 321.56 322.19 317.18
May-19 318.77 320.30 322.28 317.41
May-20 316.96 320.55 321.00 315.36
May-21 317.37 317.55 322.64 316.31
May-22 315.51 316.63 318.60 313.91
May-23 312.04 315.51 317.28 311.65
May-27 319.46 323.08 323.28 318.10
May-28 322.87 288.61 323.39 284.30
May-29 293.11 284.50 294.13 276.61
May-30 284.43 287.07 288.21 280.34
Jun-2 286.76 292.53 292.87 285.48
Jun-3 289.12 293.33 294.81 289.12
Jun-4 293.91 294.40 296.09 291.62

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 $0.26 per share, an increase next quarter of $0.12 per share, an increase this year of $0.81 per share, and an increase next year of $0.99 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.