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Cadence Design Systems (CDNS)

(Delayed Data from NSDQ)

$352.06 USD

352.06
1,373,021

-2.27 (-0.64%)

Updated Aug 8, 2025 04:00 PM ET

After-Market: $352.51 +0.45 (0.13%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.75%
2Buy17.82%
3Hold9.58%
4Sell5.28%
5Strong Sell2.61%
S&P50011.30%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

  • Value Score A
  • Growth Score A
  • Momentum Score A
  • VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value C Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 37% (91 out of 244)

Industry: Computer - Software

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.

Zacks Equity Research

Lumen (LUMN) Debuts New Solutions for Managing Enterprise SASE

Lumen (LUMN) states that the combination of Lumen SASE Solutions and the Lumen SASE Manager will help customers to tighten cybersecurity and upgrade their network.

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Seagate (STX) Slashes Q1 Outlook Amid Macroeconomic Weakness

Seagate (STX) now expects revenues to be $2.1 billion (+/- $100 million) against the previous guidance of $2.5 billion (+/- $150 million) for the first quarter of fiscal 2023.

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Pure Storage (PSTG) Q2 Earnings Beat, Revenues Rise Y/Y

Pure Storage's (PSTG) Q2 results gain from strong subscription services and revenue growth in domestic and international segments amid a challenging macroeconomic backdrop.

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Generac Holdings' (GNRC) DERMS Solution Used by Dominion Energy

Generac Holdings (GNRC) Concerto platform leveraged by Dominion Energy Virginia to improve grid stability.

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Cadence Design Systems (CDNS) Stock Moves -0.34%: What You Should Know

Cadence Design Systems (CDNS) closed at $174.23 in the latest trading session, marking a -0.34% move from the prior day.

Zacks Equity Research

NetApp (NTAP) Extends Existing Partnership With VMware (VMW)

NetApp (NTAP) collaborates with VMware (VMW) to help customers reduce the cost and risk of modernizing data-intensive workloads in multi-cloud environments.

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SONY Plans to Tap Mobile Gaming Market With Savage Game Buyout

Sony announces the acquisition of Savage Game Studios for an undisclosed amount to further bolster its mobile gaming efforts.

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SONY Raises Price of PS5 Amid Global Economic Challenges

SONY announces raising the price of its PlayStation 5 (PS5) console due to rising inflation and weakness in yen.

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    Onto Innovation (ONTO) Sets Up Training Center to Aid Clients

    Onto Innovation (ONTO) announces a new training center in South Korea to aid its clients across Asia in utilizing its diversified portfolio of solutions.

    Zacks Equity Research

    NetApp (NTAP) Q1 Earnings & Revenues Top Estimates, Up Y/Y

    NetApp (NTAP) first-quarter performance benefits from strong revenue growth for the Hybrid and Public Cloud business segments.

    Zacks Equity Research

    Why Is Cadence (CDNS) Up 7.3% Since Last Earnings Report?

    Cadence (CDNS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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    Aspen's (AZPN) Artificial IoT Solutions Used by Birla Carbon

    Aspen Technology's (AZPN) AIoT solution being leveraged by Birla Carbon to scale enterprise visibility across nine manufacturing sites globally.

      Zacks Equity Research

      Lumen's (LUMN) Sale of ILEC to Brightspeed Approved by FCC

      Lumen Technologies' (LUMN) sale of the company's ILEC operations in 20 states to Brightspeed has been approved by FCC.

      Zacks Equity Research

      New Strong Buy Stocks for August 24th

      GHM, MBWM, BRT, WTTR, and CDNS have been added to the Zacks Rank #1 (Strong Buy) List on August 24, 2022.

      Zacks Equity Research

      Should Investors Retain CDW Stock Post Q2 Earnings Release?

      CDW performance is gaining from solid demand for its hardware and software products. However, high debt load and increasing expenses are major concerns.

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      SONY Reportedly Faces Lawsuit Due to Higher Pricing in UK

      Sony faces lawsuit due to overpricing millions of PlayStation customers in the UK, per a Financial Times report.

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      Blackbaud (BLKB) Acquires Kilter to Support TeamRaiser App

      Blackbaud (BLKB) announces the acquisition of Kilter to expand activity-based peer-to-peer fundraising engagement.

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      Should Investors Retain America Movil (AMX) in their Portfolio?

      America Movil (AMX) expects to gain from increasing broadband client base. However, increasing costs and leveraged balance sheets remain a concern.

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      Should You Invest in the Invesco Dynamic Software ETF (PSJ)?

      Sector ETF report for PSJ

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      The Zacks Analyst Blog Highlights Cadence Design, Intuit, Texas Instruments, Palo Alto and Fortinet

      Cadence Design, Intuit, Texas Instruments, Palo Alto and Fortinet are included in this Analyst Blog.

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      Cadence (CDNS) & GF Tie Up to Boost 5G Design & Innovation

      Cadence Design Systems (CDNS) and GlobalFoundries (GF) collaborate to accelerate 5G mobile design.

      Nalak Das headshot

      Nasdaq Composite Exits Bear Market: 5 Picks to Tap the Bull

      We have narrowed our search to five Nasdaq Composite listed technology bigwigs with strong growth potential for the rest of 2022. These are: FTNT, CDNS, INTU, TXN and PANW.

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      SAP's Litmos Solutions to be Acquired by Francisco Partners

      SAP SE (SAP) is selling off its Litmos solutions due to overlap in functionality with SuccessFactors Learning solution

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      Generac (GNRC) Awarded Contract by Arizona Public Service

      Generac Holdings (GNRC) awarded contract by APS to leverage Concerto and improve grid capacity.

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      Is Cadence (CDNS) a Solid Growth Stock? 3 Reasons to Think "Yes"

      Cadence (CDNS) possesses solid growth attributes, which could help it handily outperform the market.