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Cadence Design Systems (CDNS)

(Real Time Quote from BATS)

$350.56 USD

350.56
612,711

-9.60 (-2.67%)

Updated Aug 7, 2025 12:48 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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value C Growth A 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%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 34% (84 out of 246)

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

Western Digital Unveils microSD Card for Surveillance Cameras

The ongoing expansion of the Western Digital's product portfolio will bode well for the company's top line.

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Mercury Rides on Strong Portfolio & Expanding Clientele

Mercury (MRCY) is expanding its product portfolio with Intel-Lockheed Martin designed hardened security solution, which is expected to be released in the market around mid-2019.

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MobileIron's New Solutions to Enhance Workforce Efficiency

MobileIron (MOBL) benefits from growing clout of its Mobile Application Management solution.

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AMD Enhances Ryzen Series Mobile Processors, Boosts Efficiency

AMD Rides on Product Rollouts, Buyouts & HCM Dominance.

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Ambarella Forges Ahead in SoC Market With New Camera Chip

Ambarella's (AMBA) S6LM camera features high dynamic range, low light processing technology, cyber security features and other capabilities, which enable very low power operation.

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DXC Technology Solutions to Support BMW's Autonomous Cars

DXC Technology's (DXC) services will help BMW simplify data analysis and algorithmic training to cut down on cost and time taken to develop autonomous vehicles.

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Mercury's New SSDs Attract Steady Takers, Boost Business

With the new set of SSDs, Mercury (MRCY) aims to reduce the anticipated data corruption and withstand extremely harsh operating environments.

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Microsoft, OpenClassrooms Team Up to Address AI Skills Crisis

Microsoft (MSFT) attempts to plug in the gap for AI skills with OpenClassrooms partnership.

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Cadence Design Systems (CDNS) Outpaces Stock Market Gains: What You Should Know

Cadence Design Systems (CDNS) closed at $64.22 in the latest trading session, marking a +0.86% move from the prior day.

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Zacks.com featured highlights include: Cadence Design, LPL, Charles and Automatic Data

Zacks.com featured highlights include: Cadence Design, LPL, Charles and Automatic Data

Zacks Equity Research

Akamai Inks Deal With Microsoft for an Undisclosed Amount

Akamai (AKAM) is benefiting from a robust performance at its cloud security business plus notable growth in Media and Carrier Division.

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Cadence Enters 3D CAD Software Market With Clarity 3D Solver

Cadence (CDNS) forays into system analysis and design market with Clarity 3D Solver offering.

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Mercury Forges Ahead in Embedded Computing With New Servers

Mercury's (MRCY) EnsembleSeries HDS6605 blade servers will enable Big Data capabilities to be embedded in military missions.

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4 GARP Stocks for a Winning Portfolio

Growth at a reasonable price or GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount.

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Logitech (LOGI) Introduces New Keyboard Case for iPad Pro

Logitech's (LOGI) Slim Folio Pro boasts powerful battery and unique features, and is designed to fit the latest iPad Pro devices.

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Apple (AAPL) Reduces Flagship Products' Prices in China

Apple (AAPL) cuts prices of most of its flagship products on its Chinese online store to boost sales in the country.

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IBM Watson & Sandvik Driven OptiMine Analytics Gains Adoption

IBM (IBM) Watson powered Sandvik's OptiMine Analytics is witnessing adoption from notable mining companies.

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Keysight & Qualcomm Jointly Unveils 5G NR Data in FDD Mode

Keysight (KEYS) benefits on the back of its strength in robust 5G product portfolio comprising comprehensive set of test and design solutions.

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Broadcom (AVGO) Prices Senior Unsecured Notes Offering

Broadcom's (AVGO) expanding product portfolio makes it well poised to address the needs of rapidly growing technologies like IoT and 5G.

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Cadence Design Systems (CDNS) Outpaces Stock Market Gains: What You Should Know

Cadence Design Systems (CDNS) closed the most recent trading day at $63.52, moving +1.39% from the previous trading session.

Zacks Equity Research

Akamai Revamps Security Portfolio With New Edge Capabilities

Akamai (AKAM) introduces new enhancements to its security solutions and Intelligent Edge Platform.

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Oracle (ORCL) & TruOptik Team Up to Enhance Ad Platforms

Oracle (ORCL) recently struck a deal with TruOptik with an aim to assist marketers to bring precision in targeting audience.

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Cadence Teams Up With Northrop Grumman to Develop SoC Projects

Cadence (CDNS) gains from increasing investments on IoT, AR/VR and autonomous vehicle sub-systems.

Madhura Bhattacharyya headshot

5 Top-Performing S&P 500 Tech Stocks of Q1

Here are five technology stocks that have put up an impressive performance so far this year.

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ON Semiconductor Inks an All Cash Deal to Acquire Quantenna

ON Semiconductor's (ON) product launches in the automotive end market for next generation automobile designs along with synergies from acquisition is a key positive.