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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 19.4% based on the past 26 years of stock performance.
  • Cadence Design Systems has risen higher in 20 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 76.92%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $284.50. The Score for CDNS is 61, which is 22% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 60-70% 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 19.4% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Buy
61
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 20 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 76.92%

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:
233.51

Prediction Charts

Market Cap:
77.9B
Price in USD:
284.50
Volume:
5.49M
Beta:
1.41

Technical Analysis

SMA50:
267.54
SMA100:
279.57
SMA200:
288.10
52-Wk Change:
23.23%

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 284.50 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
Oct-9 270.59 279.69 280.21 268.61
Oct-10 277.13 280.74 281.52 276.84
Oct-11 280.47 282.39 283.14 279.22
Oct-14 284.73 282.14 285.00 280.87
Oct-15 283.66 269.49 284.35 268.86
Oct-16 270.76 262.95 271.91 262.46
Oct-18 263.23 258.52 265.12 258.25
Oct-21 256.00 253.15 258.13 252.71
Oct-22 252.00 251.51 252.99 246.60
Oct-23 249.73 249.09 251.23 246.92
Oct-24 251.05 251.28 251.87 247.46
Oct-25 254.19 257.30 260.09 254.19
Oct-28 258.72 252.77 258.91 251.81
Oct-29 274.94 284.50 287.02 271.99

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 $0.28 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 $0.95 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.