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The Latest Breaking News from CDNS

Unlock Financial Success in February With 3 Software Stocks

The global software market is experiencing a rapid surge, driven by the escalating demand for mobile applications & SaaS solutions. Hence, fundamentally strong software stocks Cadence Design Systems (CDNS), Sprinklr (CXM), and EverCommerce (EVCM) might be solid buys this month for profits. Read more….

3 Top Software Stock Picks of the Week - Buy, Hold, or Sell?

3 Top Software Stock Picks of the Week - Buy, Hold, or Sell?

With conducive trends and growing usage, the software sector is set for long-term expansion. Therefore, should you buy, hold, or sell software picks Duolingo (DUOL), Atlassian Corp (TEAM), and Cadence Design (CDNS) now? Let’s find out….

3 Top-Rated Software Stocks to Watch for Potential Gains in October

3 Top-Rated Software Stocks to Watch for Potential Gains in October

The software industry’s long-term trajectory appears promising due to the rising adoption of SaaS and AI solutions. So, investors should consider fundamentally sound software stocks Cadence Design Systems (CDNS), Manhattan Associates (MANH), and Intuit (INTU) for potential gains this month. Keep reading.

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Aspen's (AZPN) Q4 Earnings Beat Estimates, Revenues Up Y/Y

Aspen Technology (NASDAQ: AZPN) reported fourth-quarter fiscal 2022 non-GAAP earnings of $2.43 per share, beating the Zacks Consensus Estimate by 13%. The company reported non-GAAP earnings of 38 cents per share in the year-ago quarter.

2 Strong Stocks That Have a High Chance of Beating the Market

The Federal Reserve’s upcoming interest rate hikes to combat high inflation are expected to affect the tech industry significantly. However, given the growing reliance on software and continued investments in this space, the industry is poised for a solid rebound. Quality software stocks Veeva Systems (VEEV) and Cadence Design Systems…

$1000 Invested In This Stock 5 Years Ago Would Be Worth $4,600 Today

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 25.91% on an annualized basis producing an average annual return of 35.93%. Currently, Cadence Design Sys has a market capitalization of $42.85 billion.

2 Top Electronics Design Automation Stocks to Buy Now

Rising demand for electronic design automation (EDA) tools with rapid technological advancements has been driving the industry’s growth. Therefore, we think investing in fundamentally sound EDA stocks Synopsys, Inc. (SNPS) and Cadence Design Systems (CDNS) could be wise. .

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Here's How Much $100 Invested In Cadence Design Sys 5 Years Ago Would Be Worth Today

Here's How Much $100 Invested In Cadence Design Sys 5 Years Ago Would Be Worth Today

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 24.85% on an annualized basis producing an average annual return of 35.27%. Currently, Cadence Design Sys has a market capitalization of $42.97 billion.

If You Invested $100 In Cadence Design Sys 5 Years Ago, Here's How Much You Would Have Today

If You Invested $100 In Cadence Design Sys 5 Years Ago, Here's How Much You Would Have Today

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 23.01% on an annualized basis producing an average annual return of 34.25%. Currently, Cadence Design Sys has a market capitalization of $42.71 billion.

Here's How Much $100 Invested In Cadence Design Sys 10 Years Ago Would Be Worth Today

Here's How Much $100 Invested In Cadence Design Sys 10 Years Ago Would Be Worth Today

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 10 years by 17.97% on an annualized basis producing an average annual return of 29.55%. Currently, Cadence Design Sys has a market capitalization of $42.88 billion.

Here's Why Analysts Were Impressed Post Cadence Design Systems' Q1 Performance

Here's Why Analysts Were Impressed Post Cadence Design Systems' Q1 Performance

Cadence Design Systems, Inc (NASDAQ:CDNS) impressed analysts post Q1 beat. Baird reiterated Outperform rating on Cadence, adjudging it as a top idea. All business groups saw strength, with recurring revenues increasing 19% YoY (led by Digital and System Design) and upfront revenues rising 49% YoY. FY22 outlook raised given 1Q strength, upside in 2Q,…

Cadence Design Systems Stock Gains On Q1 Earnings Beat, Solid FY22 Guidance

Cadence Design Systems Stock Gains On Q1 Earnings Beat, Solid FY22 Guidance

Cadence Design Systems Inc (NASDAQ:CDNS) reported first-quarter sales growth of 22.5% year-over-year to 901.77 million, beating the consensus of $857.32 million. Adjusted EPS improved to $1.17 from $0.83 in 1Q21, beating the consensus of $1.02. The operating income increased by 56.4% Y/Y to $318.93 million, and the margin expanded by 766 bps…

Take Advantage of These 5 High-Quality Stocks Down More Than 10% Year-to-Date

Take Advantage of These 5 High-Quality Stocks Down More Than 10% Year-to-Date

Skyrocketing inflation, the possibility of aggressive interest rate hikes, and increasing sanctions on Russia have been causing immense volatility in the stock market. Amid such uncertain market conditions, it could be wise to bet on high-quality stocks Cadence Design (CDNS), PTC (PTC), IDEXX Laboratories (IDXX), Mettler-Toledo (MTD), and Manhattan Associates…

Ominous Death Cross Forms On Cadence Design Sys's Chart

Ominous Death Cross Forms On Cadence Design Sys's Chart

If history is any guide, there may be trouble ahead for shares of Cadence Design Sys (NASDAQ:CDNS). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

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Cadence Design Systems is a High Quality to Buy in 2022

With more than 30 years of computational expertise, Cadence Design Systems (CDNS) continues to make product and services advances and deliver strong shareholder returns. Furthermore, the company possesses strong fundamentals. So, let's evaluate why it could be wise to bet on the stock now.

Expert Ratings For Cadence Design Systems

Over the past 3 months, 6 analysts have published their opinion on Cadence Design Systems (NASDAQ:CDNS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Here's How Cadence Is Set To Gain Despite Competition From Tesla, Apple

Cadence Design Systems Inc (NASDAQ:CDNS) is betting on growth from automakers and other chip users strapped by the global supply crisis, Reuters reports. Cadence is a microchip design software maker. The chipmakers face mounting competition from chips made by Tesla Inc (NASDAQ:TSLA) and Apple Inc (NASDAQ:AAPL). The report added that Cadence and rivals Synopsys Inc (NASDAQ:SNPS) and Siemens…

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