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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

If You Invested $1000 in Cadence Design Systems a Decade Ago, This is How Much It'd Be Worth Now

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

Zacks Equity Research

Stock Market News for Oct 30, 2024

Wall Street ended mixed on Tuesday as U.S. job openings dropped to their lowest level in over three years.

Zacks Equity Research

Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?

According to the average brokerage recommendation (ABR), one should invest in Cadence (CDNS). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Zacks Equity Research

Cadence's Q3 Earnings & Revenues Top Estimates, Surge Y/Y, Stock Jumps

CDNS' third-quarter results benefit from solid demand trends. It ends the quarter with a backlog of $5.6 billion.

Mark Vickery headshot

Reporting Companies Up Big in Late Trading

VF Corp., Cadence and F5 are all up nicely in today's after-market, following earnings beats across the board.

Zacks Equity Research

Cadence Design Systems (CDNS) Surpasses Q3 Earnings and Revenue Estimates

Cadence (CDNS) delivered earnings and revenue surprises of 13.89% and 2.66%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

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ON Semiconductor Q3 Earnings Beat Estimates: Will Raised View Aid Shares?

ON's third-quarter 2024 performance reflects strong demand for business segment and end-market products.

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Pre Q3 Earnings: How Should Investors Approach Criteo Stock?

CRTO's third-quarter 2024 performance is likely to have reflected benefits from expanding portfolio and clientele.

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Carrier Global Misses Q3 Estimates: Will FY24 Outlook Drag Shares Down?

CARR's third-quarter 2024 results reflect strength in the HVAC Segment, but missed earnings estimates and lowered guidance raise concern.

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Teradyne Beats Q3 Earnings Estimates: Will Raised View Aid Shares?

TER third-quarter 2024 results benefit from strong momentum in the memory test end-market and increased compute demand for AI applications.

Zacks Equity Research

CDNS Stock Before Q3 Earnings Release: To Buy or Not to Buy?

CDNS' Q3 performance is likely to have benefited from higher customer demand amid increasing design activity.

Zacks Equity Research

CoStar Group Beats Q3 Earnings Estimates: Will Raised View Aid Shares?

CSGP's third-quarter 2024 results reflect solid top-line growth, led by robust performance in key segments.

Zacks Equity Research

Insights Into Cadence (CDNS) Q3: Wall Street Projections for Key Metrics

Besides Wall Street's top -and-bottom-line estimates for Cadence (CDNS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

Zacks Equity Research

Commvault Systems (CVLT) Reports Next Week: Wall Street Expects Earnings Growth

Commvault (CVLT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Equity Research

How to Boost Your Portfolio with Top Computer and Technology Stocks Set to Beat Earnings

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Zacks Equity Research

Cadence Design Systems (CDNS) Reports Next Week: Wall Street Expects Earnings Growth

Cadence (CDNS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Equity Research

Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It

Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Nalak Das headshot

Buy 3 Non "Mag 7" Tech Giants With Solid Upside Ahead of Q3 Earnings

We recommend three technology bigwigs set to report earnings results this month. These are: CDNS, UBER, ONTO.

Zacks Equity Research

CAMT Stock Plunges 25.7% in 3 Months: What Should Investors Do?

Despite the ongoing geopolitical risks, it would be prudent for investors to hold Camtek, given its strong fundamentals and promising long-term growth prospects.

Vaishali Doshi headshot

3 Software Stocks to Keep an Eye on in a Flourishing Industry

Computer Software industry participants like CDNS, PRGS, and BB are well-poised to capitalize on digital transformation and strong adoption of cloud computing solutions despite macroeconomic woes

Zacks Equity Research

Will Cadence (CDNS) Beat Estimates Again in Its Next Earnings Report?

Cadence (CDNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Equity Research

Is Cadence's Acquisition Strategy Headed in the Right Direction?

CDNS' inorganic expansion approach has played a pivotal part in developing the company's business in the last few years

Zacks Equity Research

Want Better Returns? Don?t Ignore These 2 Computer and Technology Stocks Set to Beat Earnings

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Zacks Equity Research

Cadence Design Systems (CDNS) Ascends While Market Falls: Some Facts to Note

In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $280.64, denoting a +0.39% change from the preceding trading day.

Zacks Equity Research

Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know

Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.