NASDAQ-100

237.71 2.13%

1M0.00% 1Y -0.00%  

Analysts Review about Cadence Design Systems Inc. Common Stock

Market Consensus (11 Analysts)

Strong Buy

Price Target High $261.37

Spread: 12.30%

Price Target Average $251.32

Spread: 7.98%

Price Target Low $222.69

Spread: -4.32%

Technical Analyses Trend

Periods

Trend

Resistance

Support

Short Term

Bearish

322.07 (35.49%)

301.55 (26.86%)

Mid Term

Bearish

322.07 (35.49%)

277.72 (16.83%)

Long Term

Bearish

322.07 (35.49%)

219.37 (-7.72%)

  • 1W
  • 1M
  • 1Y

Cadence Design Systems Inc. Common Stock Articles

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The top six AI stocks are currently worth a combined $9.5 trillion. They could reach $20 trillion or more by 2030 via different paths, with AI serving as a key tailwind.

Sentiment: Positive 2023-05-30


Sirius Real Estate completes early refinancing of debt

Sirius Real Estate said it completed the early refinancing of its €58.3mln debt facility with Deutsche Pfandbriefbank seven months before the due date. A statement from the owner and operator of business and industrial parks said the refinancing comprises a seven-year €58.3mln facility with a fixed interest rate of 4.25%.

Sentiment: Positive 2023-05-30


Loan Growth Supports M&T Bank (MTB) Despite Rising Costs

M&T Bank's (MTB) top line gets support from increasing loan and deposit balances. Continued rising expenses keep the bottom line under pressure, while worsening credit quality is worrisome.

Sentiment: Negative 2023-05-30


S&P Stocks Review about Cadence Design Systems Inc. Common Stock

SPS Rank 115th

SPS Rate 5.6

SPS Consensus (08 Analysts) Hold

Target Price 517.25 USD 117.60%

Potentials Excellent

Growth (Revenue) Very Poor

Finances Excellent

Profitability Excellent

Earnings Quality Very Good

P/E Ratio Excellent

Valuation Undervalued

Fair Value 460.84USD 93.87%

Source

Sentiment

Cadence Design Systems Inc. Common Stock Overview 30 Nov 2020

Open 236.93

High 238.77

Low 235.61

1 Day Change (Last) 4.97

1 Day Change Percent (Last) 2.13%

Close 237.71

Previous Close 232.74

Volume 841,802

52 Week High 248.16

52 Week low 138.76

Gross Margin % 89.57%

Net Profit Margin % 23.84%

Total Shares Outstanding 272.68M

Market Capitalization 64.98B

Cadence Design Systems Inc. Common Stock Weight (CDNS) 0.04%

Dividends

Dividends Paid (Last Quarter) No Dividends

Dividends Paid (Last Fiscal Year)No Dividends

Dividends Per Share (Last Quarter) No Dividends

Dividends Yield (Last Fiscal Year) No Dividends

Dividends Per Share (Last Fiscal Year) No Dividends

Income Statement

Net Income (Last Fiscal Year) 848.95M

1 year Revenue3.56B

Last Quarter Revenue999.13M

4 months EPS revision 4.52