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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 14.5% based on the past 26 years of stock performance.
  • Cadence Design Systems has risen higher in 21 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 80.77%
  • Is Cadence Design Systems Stock Undervalued?
    The current Cadence Design Systems [CDNS] share price is $276.44. The Score for CDNS is 62, which is 24% above its historic median score of 50, and infers lower risk than normal.
  • CDNS is currently trading in the 60-70% 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 14.5% based on the past 26 years of stock performance.

Cadence Design Systems Stock Rating

Buy
62
Cadence Design Systems (CDNS) is a Buy

Is Cadence Design Systems overpriced?

  • Cadence Design Systems has risen higher in 21 of those 26 years over the subsequent 52-week period, corresponding to a historical accuracy of 80.77%

Cadence Design Systems Stock Price History

Is CDNS stock going to rise?

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and CDNS is experiencing buying pressure, which is a positive indicator for future bullish movement.

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:
327.36
52-Week Low:
198.92

Prediction Charts

Market Cap:
75.23B
Price in USD:
276.44
Volume:
1.63M
Beta:
1.41

Technical Analysis

SMA50:
302.35
SMA100:
291.91
SMA200:
267.46
52-Wk Change:
32.29%

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 276.44 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
Apr-15 310.50 301.65 310.73 299.68
Apr-16 298.92 300.81 302.04 296.57
Apr-17 300.81 293.62 303.63 293.62
Apr-18 295.05 285.90 296.16 282.60
Apr-19 285.00 280.17 286.67 279.60
Apr-22 284.00 285.24 287.14 281.00
Apr-23 278.00 281.58 285.98 275.50
Apr-24 282.47 277.66 284.10 276.72
Apr-25 274.47 277.08 279.58 273.49
Apr-26 278.50 282.41 287.44 278.50
Apr-29 283.77 282.49 285.71 280.18
Apr-30 281.52 275.52 282.84 275.41
May-1 275.36 274.55 280.82 273.24
May-2 275.84 276.44 277.45 270.39

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 $0.38 per share, an increase next quarter of $0.03 per share, an increase this year of $0.82 per share, and an increase next year of $1.04 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.