Cadence Design Systems, Inc. (CDNS)
Cadence's Q4 Earnings & Revenues Surpass Estimates, Surge Y/Y
CDNS reports better-than-expected fourth-quarter results on solid demand trends. Revenues for 2025 are expected to be in the range of $5.14-$5.22 billion.
Cadence Design Systems Q4: Record Backlog, But The Stock Is Overvalued
I reiterate a “Sell” rating on Cadence Design Systems, Inc. with a one-year price target of $250 per share, citing overvaluation concerns. Despite 26.8% revenue growth and 35.4% operating profit growth, potential export restrictions to China remain a key risk. Strong AI chip demand and AI infrastructure buildout have driven a robust $6.8 billion backlog, supporting near-term business growth.
Cadence Design Stock Drops Despite Strong Q4, Analysts See Upside
Shares of Cadence Design Systems Inc CDNS were trading lower on Wednesday, despite the company reporting upbeat fourth-quarter results.
Cadence Design Systems, Inc. (CDNS) Q4 2024 Earnings Call Transcript
Cadence Design Systems, Inc. (NASDAQ:CDNS ) Q4 2024 Earnings Conference Call February 18, 2025 5:00 PM ET Company Participants Richard Gu - VP of IR Anirudh Devgan - President and CEO John Wall - SVP and CFO Conference Call Participants Jason Celino - KeyBanc Capital Markets Joe Quatrochi - Wells Fargo Ruben Roy - Stifel Vivek Arya - Bank of America Securities Lee Simpson - Morgan Stanley Charles Shi - Needham & Company Gianmarco Conti - Deutsche Bank Jay Vleeschhouwer - Griffin Securities Gary Mobley - Loop Capital Harlan Sur - JPMorgan Siti Panigrahi - Mizuho Joshua Tilton - Wolfe Research Operator Ladies and gentlemen, good afternoon. My name is Abby and I will be your conference operator today.
Cadence (CDNS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Cadence (CDNS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cadence Design Systems (CDNS) Q4 Earnings and Revenues Beat Estimates
Cadence Design Systems (CDNS) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.38 per share a year ago.
Cadence Systems: Q4 EPS Tops Forecast
Cadence Design Systems (CDNS 1.77%), a leader in computational software for electronic system design, reported fourth-quarter 2024 earnings on Tuesday, Feb. 18, that topped analysts' consensus expectations but also included soft guidance for 2025.
Cadence Set to Release Q4 Earnings: Here's What Investors Should Know
CDNS' fourth-quarter performance is likely to have benefited from higher customer demand amid volatile global macroeconomic conditions.
Cadence Design Systems (CDNS) Rises Yet Lags Behind Market: Some Facts Worth Knowing
The latest trading day saw Cadence Design Systems (CDNS) settling at $296.16, representing a +0.72% change from its previous close.
Cadence (CDNS) Is Considered a Good Investment by Brokers: Is That True?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Exploring Analyst Estimates for Cadence (CDNS) Q4 Earnings, Beyond Revenue and EPS
Beyond analysts' top -and-bottom-line estimates for Cadence (CDNS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Cadence Design Systems (CDNS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
