Strong AI momentum and design demand may lift CDNS' second-quarter results, with EPS and revenues both set to rise year over year.
Get a deeper insight into the potential performance of Cadence (CDNS) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
In the latest trading session, Cadence Design Systems (CDNS) closed at $319.6, marking a +1.04% move from the previous day.
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.
Cadence (CDNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cadence is a leader in EDA and is increasingly focused on digital and AI applications and implementations. Excellent design, simulation and verification functionality, locked-in customers and strategic alliances are clear Cadence strengths. Company financials are robust and risks manageable. Leadership is strong and decisive.
Cadence Design Systems (CDNS) reached $314.58 at the closing of the latest trading day, reflecting a -1.09% change compared to its last 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.
Cadence unveils first LPDDR6/5X IP at 14.4Gbps, powering AI, HPC & mobile amid booming demand, tight margins and a new Samsung deal.
Cadence Design Systems CDNS stock has rallied 23.8% over the past three months. The stock closed last trading session at $322.66 and is now closer to its 52-week high of $330.09.
Cadence Design Systems (CDNS) reached $320.3 at the closing of the latest trading day, reflecting a -1.99% change compared to its last close.
The Trump administration has reversed restrictions on exporting chip design software to China, a move tied to efforts to ease US-China trade tensions following a deal reached in London. American firms Cadence Design Systems Inc (NASDAQ:CDNS) and Synopsys Inc (NASDAQ:SNPS, ETR:SYP), along with Germany's Siemens, confirmed the US Commerce Department had lifted controls introduced in May.