Amy Raskin, Chief Investment Officer at Chevy Chase Trust, joins CNBC's Halftime Report to explain why she's trimming the name.
Cadence (CDNS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
We recommend three technology bigwigs set to report earnings results this month. These are: CDNS, UBER, ONTO.
Cadence (CDNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Cadence Design Systems, Inc. CDNS is a leader in the electronic design automation ("EDA") space. The company's Intelligent System Design strategy aids users to transform design concepts into reality by offering computational software, hardware and IP.
In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $280.64, denoting a +0.39% change from the preceding trading day.
Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cadence Design Systems (CDNS) closed at $268.65 in the latest trading session, marking a +1.08% move from the prior day.
On October 1, 2024, Paul Cunningham, Senior Vice President of Cadence Design Systems Inc (CDNS, Financial), sold 650 shares of the company at a price of $273.44 per share. The transaction was documented in an SEC Filing.
In order to be fairly valued, the market requires Cadence to grow 17% annually. However, given its mission-critical position in the chip industry, I think Cadence may still be undervalued. Especially since Cadence and Synopsys have a virtual lock on this market, and their competitors mostly serve niche markets.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.