Cadence Design Systems (NASDAQ: CDNS) delivered a decisive beat on both earnings and revenue in Q3, raising full-year guidance and signaling momentum that investors rewarded immediately.
Cadence Design Systems (CDNS) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.64 per share a year ago.
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.
The latest trading day saw Cadence Design Systems (CDNS) settling at $329.64, representing a +1.08% change from its previous close.
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.
The latest trading day saw Cadence Design Systems (CDNS) settling at $325.75, representing a -1.95% change from its previous close.
Cadence Design Systems (CDNS) reached $350 at the closing of the latest trading day, reflecting a +1.31% change compared to its last close.
In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $347.24, denoting a -1.34% move from the preceding trading day.
CDNS posts strong free cash flow and rising revenues, fueling robust buybacks as AI and semiconductor demand drive growth.
Cadence Design Systems (CDNS) closed the most recent trading day at $351.52, moving +2.34% from the previous trading session.
Cadence Design Systems, Inc. (NASDAQ:CDNS ) Goldman Sachs Communacopia + Technology Conference September 9, 2025 4:45 PM EDT Company Participants Anirudh Devgan - CEO, President & Director Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Okay. Good afternoon, everybody.
I maintain my buy rating on CDNS as hardware upgrades, AI scaling, and new partnerships are driving robust demand and expanding TAM. The hardware upgrade cycle is in full swing, with record revenue and multi-year momentum supported by AI, HPC, and automotive sectors. AI innovation and deepened partnerships with NVIDIA and Intel are unlocking new markets and accelerating growth opportunities for CDNS.