Cadence Design Systems, Inc. (CDNS)
US chip design stocks pop on lifting of China export curbs
The United States government has lifted restrictions on exports of chip design software to China, sending shares of top sector players higher on Thursday morning. The three leading chip design software players - Synopsys Inc (NASDAQ:SNPS, ETR:SYP), Cadence Design Systems Inc (NASDAQ:CDNS) and Siemens - were all notified by the US Commerce Department that the restrictions introduced in May have been rescinded.
Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today
In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $303.69, denoting a +2.07% move from the preceding trading day.
Cadence Design Systems (CDNS) Rises But Trails Market: What Investors Should Know
In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $296.80, denoting a +1.1% move from the preceding trading day.
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.
Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?
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?
Cadence Advances SoC and Chiplet Design With Samsung Foundry
CDNS and Samsung extend their collaboration to accelerate next-gen chip design with AI-driven IP on advanced nodes.
Cadence Design Systems: Where Next-Gen Chips Begin Their Journey
Cadence Design Systems is a mission-critical enabler of next-gen industries, boasting high recurring revenues, robust client retention, and an AI-driven product portfolio. The company's oligopolistic market position, high switching costs, and continuous innovation justify its premium valuation and support long-term growth prospects. Risks include industry cyclicality, customer concentration, high valuation, and geopolitical uncertainties, but strong cash flow and buybacks enhance shareholder value.
Cadence Design Systems: Strong Moat And Multiple Growth Drivers
I rate CDNS a buy due to strong secular tailwinds, a widening moat, and robust execution fueling early-stage growth. CDNS's mission-critical EDA tools, AI-powered Cerebrus platform, and NVIDIA partnership drive technological leadership and expand its addressable market. AI megatrends, hardware upgrade cycles, and potential share gains from Intel's strategy shift are key growth catalysts for CDNS.
Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today
In the latest trading session, Cadence Design Systems (CDNS) closed at $301.66, marking a +1.59% move from the previous day.
Is Most-Watched Stock Cadence Design Systems, Inc. (CDNS) Worth Betting on 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.
Why Is Cadence (CDNS) Up 6.9% Since Last Earnings Report?
Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?
Cadence Rises 27% in a Month: How Should You Play the Stock?
Strong AI demand, strategic acquisitions and solid guidance are positives for CDNS amid macro headwinds and premium valuation.
