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Cadence Design Systems Stock Predictions

Cadence Design Systems Stock Forecast

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 21.5% based on the past 31 years of stock performance.
  • Cadence Design Systems has risen higher in 24 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 77.42%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $314.58. The Score for CDNS is 58, which is 16% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 50-60% percentile range relative to its historical Stock Score levels.

Will Cadence Design Systems Stock Go Up Next Year?

  • Over the next 52 weeks, Cadence Design Systems has on average historically risen by 21.5% based on the past 31 years of stock performance.

Cadence Design Systems Stock Rating

Buy
58
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 24 of those 31 years over the subsequent 52-week period, corresponding to a historical accuracy of 77.42%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and CDNS is experiencing slight selling pressure.

Stock Information

Stock Info

Exchange:
NASDAQ
Country:
United States
Industry:
Software
Sector:
Information Technology
Type:
stock
Website:
cadence.com

52-Week Data

52-Week High:
330.09
52-Week Low:
221.56

Prediction Charts

Market Cap:
85.9B
Price in USD:
314.58
Volume:
1.6M
Beta:
1.36

Technical Analysis

SMA50:
308.01
SMA100:
283.20
SMA200:
288.22
52-Wk Change:
0.91%

Stock Predictions

  • Is Cadence Design Systems stock public?
    Yes, Cadence Design Systems is a publicly traded company.
  • What is the Cadence Design Systems stock quote today?
    The Cadence Design Systems stock price is 314.58 USD today.
  • How to buy Cadence Design Systems stock online?
    You can buy Cadence Design Systems shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Jun-26 299.00 303.69 303.87 298.33
Jun-27 307.03 305.20 315.90 304.29
Jun-30 306.12 308.15 310.12 305.21
Jul-1 306.35 309.46 310.99 304.73
Jul-2 307.23 310.95 312.75 306.00
Jul-3 326.47 326.81 330.09 321.38
Jul-7 326.81 320.30 327.98 318.80
Jul-8 322.12 323.28 323.71 319.02
Jul-9 324.14 322.91 325.54 320.54
Jul-10 325.26 322.66 325.26 318.20
Jul-11 321.57 320.60 324.32 318.16
Jul-14 320.13 317.49 320.97 314.70
Jul-15 319.84 318.04 324.49 317.67
Jul-16 318.70 314.58 318.70 311.09

Cadence Design Systems Earnings

Cadence Design Systems Earnings Report: Per Share Cadence Design Systems Earnings Q1 Q2 Q3 and Q4 last year and next year.

Cadence Design Systems Forecast Revenue Growth

Cadence Design Systems Stock Analysis: Historical quarterly revenues per share for Cadence Design Systems and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.29 per share, an increase next quarter of $0.11 per share, an increase this year of $0.85 per share, and an increase next year of $1.01 per share.

* Cadence Design Systems stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.