Cadence Design Systems, Inc. (CDNS)
Why Is Cadence (CDNS) Down 0.6% Since Last Earnings Report?
Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?
Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
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.
Should you buy Cadence after the recent 23% drop? Piper Sandler thinks so
Cadence Design Systems Inc. (NASDAQ: CDNS) has experienced a notable downturn recently, dropping over 23% in the past month, yet analysts at Piper Sandler see this as an opportunity. Analysts remain optimistic Upgrading the stock from Neutral to Overweight, they've maintained a bullish $318 price target, suggesting a potential 25% upside.
Why Cadence Design Systems Fell 13% in July
Cadence beat on revenue and adjusted earnings. Yet investors grew increasingly nervous about expensive AI stocks heading into the month.
Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Interpreting Cadence (CDNS) International Revenue Trends
Evaluate Cadence's (CDNS) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
How Should You Play Cadence (CDNS) Stock Post Q2 Earnings?
Increasing design activity and opportunities from rapid AI proliferation bode well for Cadence (CDNS). However, competition and significant exposure to the semiconductor vertical is a concern.
Wall Street Analysts See Cadence (CDNS) as a Buy: Should You Invest?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Semiconductor Stock Giant Beats on EPS, Faces Large Backlog
Cadence Design Systems NASDAQ: CDNS is a software company that makes programs essential to semiconductor design. The firm announced Q2 2024 earnings on July 22, 2024.
Cadence Design Systems: Negatives Priced In For 3 Straight Quarters -- Time To Buy
We're buy-rated on Cadence Design Systems, Inc. after three consecutive quarters of guidance miss. We think FY24 confirms that Cadence is not immune to the cyclical downturn in the semi industry and is tied to customer R&D spend. We think Cadence's Intelligent System Design portfolio expansion strengthens its standing in the EDA market and will benefit it as we see spending rebound next year.
Cadence (CDNS) Q2 Earnings & Revenues Top Estimates, Up Y/Y
Cadence's (CDNS) second-quarter performance benefits from robust customer demand amid increasing design activity.
