Ad is loading...

CDNS Cadence Design Systems Forecast, Technical & Fundamental Analysis

a developer of integrated circuits and electronic devices and provides software services

Industry PackagedSoftware

Get AI intraday signals

CDNS

Setup

Buy or SellView

Daily Signalchanged days ago

Gain/Loss if shorted

View Trends For CDNS
(Try 14 days for Free)

View a ticker or compare two or three

Compare

CDNS

Setup

Buy or SellView

Daily Signalchanged days ago

Gain/Loss if shorted

View Trends For CDNS
(Try 14 days for Free)

Ad is loading...

A.I. Advisor

published Earnings

CDNS is expected to report earnings to rise 10.98% to $1.82 per share on February 25

Cadence Design Systems CDNS Stock Earnings Reports

Q4'24

Est.

$1.82

Q3'24

Beat

by $0.20

Q2'24

Beat

by $0.05

Q1'24

Beat

by $0.04

Q4'23

Beat

by $0.04

The last earnings report on October 28 showed earnings per share of $1.64, beating the estimate of $1.44. With 1.58M shares outstanding, the current market capitalization sits at 85.08B.

A.I. Advisor

published General Information

General Information

a developer of integrated circuits and electronic devices and provides software services

Industry PackagedSoftware

Profile

Fundamentals

Details

Industry

Electronic Production Equipment

Address

2655 Seely Avenue

Phone

+1 408 943-1234

Employees

11200

Web

https://www.cadence.com

Interesting Tickers

STOCK / NAME	Price $	Chg $	Chg %
		1 Day
SEED	2.30	N/A	N/A
Origin Agritech Limited
PYXS	4.19	-0.09	-2.10%
Pyxis Oncology
LOPE	159.62	-5.26	-3.19%
Grand Canyon Education
ZS	201.47	-7.03	-3.37%
Zscaler
KRUS	89.22	-4.22	-4.52%
Kura Sushi USA

CDNS and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDNS jumps, then SNPS could also see price increases.

Ticker / NAME	Correlation To CDNS	1D Price Change %
CDNS	100%	-4.40%
SNPS - CDNS	86% Closely correlated	-5.03%
PDFS - CDNS	62% Loosely correlated	-3.57%
MSFT - CDNS	61% Loosely correlated	-2.79%
ADSK - CDNS	55% Loosely correlated	-2.45%
PTC - CDNS	54% Loosely correlated	-0.58%
More

Groups containing CDNS

Correlation & Price change

Ticker / NAME	Correlation To CDNS	1D Price Change %
CDNS	100%	-4.40%
CDNS (2 stocks)	94% Closely correlated	-4.71%