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Zacks News
Based in San Jose, CA, Cadence Design Systems Inc. (CDNS) offers products and tools that help customers to design electronic products. Through System Design Enablement (SDE) strategy the company offers software, hardware, services and reusable IC design blocks (IPs) to electronic systems and semiconductor customers. Cadence’s core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP’s are directly integrated into the ICs.
Cadence (CDNS) Expands Portfolio Through Invecas Acquisition
by Zacks Equity Research
Cadence notes that Invecas buyout will enable it to offer its customers with custom solutions across chip design, advanced packaging, product engineering and embedded software.
Cadence Design Systems (CDNS) Stock Falls Amid Market Uptick: What Investors Need to Know
by Zacks Equity Research
Cadence Design Systems (CDNS) reachead $252.71 at the closing of the latest trading day, reflecting a -1.25% change compared to its last close.
T-Mobile (TMUS) Incorporates Hulu in its Streaming Services
by Zacks Equity Research
T-Mobile (TMUS) notes that Hulu will be added as part of the Un-carrier's Go5G Next plan along with existing services including Apple TV+ on Us and Netflix on Us.
NetApp (NTAP) Up 35% in the Past Year: Will the Rally Last?
by Zacks Equity Research
NetApp (NTAP) expects strength in product and hyper-scaler first-party and marketplace services to cushion revenue performance amid soft macroeconomic conditions.
Cadence Design Systems (CDNS) Declines More Than Market: Some Information for Investors
by Zacks Equity Research
In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $255.92, denoting a -0.53% change from the preceding trading day.
Badger Meter (BMI) Acquires Network Monitoring Solutions
by Zacks Equity Research
Badger Meter (BMI) announces the purchase of select remote water monitoring hardware and software solutions from Trimble, including the Telog brand of remote telemetry units.
Simulations Plus (SLP) Q1 Earnings Miss, Revenues Rise Y/Y
by Zacks Equity Research
Simulations Plus' (SLP) first-quarter fiscal 2024 top line is driven by higher revenues in the Software and Services business segments amid relatively soft client funding and budget cycles.
Watts Water's (WTS) Solid Acquisition Strategy to Drive Growth
by Zacks Equity Research
Watts Water (WTS) announces the completion of the acquisition of Josam Company.
The Zacks Analyst Blog Highlights Coca-Cola, Petrobras, Airbnb, Cadence Design Systems and Autodesk
by Zacks Equity Research
Coca-Cola, Petrobras, Airbnb, Cadence Design Systems and Autodesk are part of the Zacks top Analyst Blog.
Blackbaud (BLKB) Up 45% in 2023: Will the Rally Continue?
by Zacks Equity Research
Blackbaud's (BLKB) performance is driven by robust organic growth and extensive cost-cutting measures.
Top Stock Reports for Coca-Cola, Petrobras & Airbnb
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including The Coca-Cola Company (KO), Petroleo Brasileiro S.A. - Petrobras (PBR) and Airbnb, Inc. (ABNB).
Cadence Design Systems (CDNS) Stock Drops Despite Market Gains: Important Facts to Note
by Zacks Equity Research
In the most recent trading session, Cadence Design Systems (CDNS) closed at $274.64, indicating a -0.12% shift from the previous trading day.
Are Computer and Technology Stocks Lagging Arlo Technologies (ARLO) This Year?
by Zacks Equity Research
Here is how Arlo Technologies (ARLO) and Cadence Design Systems (CDNS) have performed compared to their sector so far this year.
Cadence's (CDNS) Solution Power Wistron's Network Switch
by Zacks Equity Research
Cadence's (CDNS) AI-driven solutions are set to help Wistron tackle multiphysics challenges in complex electronic systems.
Cadence Design Systems (CDNS) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Cadence Design Systems (CDNS) reachead $274.33 at the closing of the latest trading day, reflecting a +0.3% change compared to its last close.
Cadence (CDNS) Stock Gains 69% YTD: Will the Uptrend Last?
by Zacks Equity Research
Cadence's (CDNS) performance is driven by strength across all segments due to higher customer demand.
Is It Worth Investing in Cadence (CDNS) Based on Wall Street's Bullish Views?
by Zacks Equity Research
The average brokerage recommendation (ABR) for Cadence (CDNS) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Cadence (CDNS) Teams Up With Antiviral Discovery Consortium
by Zacks Equity Research
Cadence's (CDNS) OpenEye software to assist computational chemists in creating a strong antiviral drug discovery pipeline by leveraging structural biology, AI, ML and computational chemistry.
Ciena (CIEN) Q4 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Ciena's (CIEN) fiscal fourth-quarter performance is driven by increasing demand momentum, especially from cloud provider customers.
Axcelis (ACLS) Purion Shipments Continue to Gain Traction
by Zacks Equity Research
Axcelis (ACLS) recently announces that it shipped Purion XE high energy and Purion H high current implanters to various fabs in Korea and China.
Why Cadence Design Systems (CDNS) is a Top Growth Stock for the Long-Term
by Zacks Equity Research
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
NetApp (NTAP) Appears Primed for Uptrend With 49% YTD Growth
by Zacks Equity Research
Despite soft macroeconomic conditions, NetApp (NTAP) expects strength in product, and hyper-scaler first-party and marketplace services to cushion revenue performance.
Blackbaud (BLKB) Gains 41% YTD: Will the Uptrend Continue?
by Zacks Equity Research
Blackbaud's (BLKB) performance benefits from robust organic growth and extensive cost-cutting measures.
3 Top-Ranked Large Caps to Buy for Growth
by Derek Lewis
Large caps typically have greater stability and a proven track record, two reasons why they're beloved.
Axcelis' (ACLS) Logistics Center to Boost Warehouse Operations
by Zacks Equity Research
Axcelis' (ACLS) new facility boasts advanced technologies including AI-powered autonomous mobile robots and enterprise-level warehouse automation.