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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 17.5% based on the past 26 years of stock performance.
  • Cadence Design Systems has risen higher in 18 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 69.23%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $304.01. The Score for CDNS is 60, which is 20% 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 17.5% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Buy
60
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 18 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 69.23%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish 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:
241.29

Prediction Charts

Market Cap:
83.38B
Price in USD:
304.01
Volume:
1.69M
Beta:
1.41

Technical Analysis

SMA50:
277.03
SMA100:
277.31
SMA200:
288.62
52-Wk Change:
12.49%

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 304.01 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
Nov-1 276.00 282.09 283.00 275.42
Nov-4 284.52 289.43 291.95 282.60
Nov-5 289.76 291.21 294.78 289.50
Nov-6 298.00 296.79 305.00 293.60
Nov-7 298.73 301.72 304.35 297.73
Nov-8 303.48 301.41 305.52 299.47
Nov-11 300.48 300.90 301.25 296.29
Nov-12 301.26 297.77 301.77 295.51
Nov-13 295.68 306.47 309.96 295.64
Nov-14 304.46 303.04 306.19 299.64
Nov-15 298.45 289.71 298.58 287.49
Nov-18 291.36 294.33 295.95 288.77
Nov-19 291.38 299.63 300.00 290.05
Nov-20 298.70 304.01 305.23 296.06

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 $0.00 per share, an increase this year of $0.81 per share, and an increase next year of $0.94 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.