The Latest Breaking News from CDNS

Is Cadence Design Stock Underperforming the Nasdaq?

Despite Cadence Design Systems’ underperformance compared to the broader Nasdaq Composite, Wall Street analysts remain optimistic about the stock’s prospects.

Barchart · Sep 6, 2024

Is Wall Street Bullish or Bearish on Cadence Design Systems Stock?

Despite Cadence Design Systems’ underperformance relative to the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.

Barchart · Aug 22, 2024

Buy the Dip in This Semiconductor Stock for 23% Upside Potential

With advanced chip designs in high demand, this semiconductor stock could be a buy-the-dip opportunity for investors.

Barchart · Aug 13, 2024

3 Top Software Stock Picks of the Week - Buy, Hold, or Sell?

With conducive trends and growing usage, the software sector is set for long-term expansion. Therefore, should you buy, hold, or sell software picks Duolingo (DUOL), Atlassian Corp (TEAM), and Cadence Design (CDNS) now? Let’s find out….

StockNews.com · Oct 13, 2023

3 Top-Rated Software Stocks to Watch for Potential Gains in October

The software industry’s long-term trajectory appears promising due to the rising adoption of SaaS and AI solutions. So, investors should consider fundamentally sound software stocks Cadence Design Systems (CDNS), Manhattan Associates (MANH), and Intuit (INTU) for potential gains this month. Keep reading.

StockNews.com · Oct 4, 2023

Aspen's (AZPN) Q4 Earnings Beat Estimates, Revenues Up Y/Y

Aspen Technology (NASDAQ: AZPN) reported fourth-quarter fiscal 2022 non-GAAP earnings of $2.43 per share, beating the Zacks Consensus Estimate by 13%. The company reported non-GAAP earnings of 38 cents per share in the year-ago quarter.

Benzinga · Aug 9, 2022

2 Strong Stocks That Have a High Chance of Beating the Market

The Federal Reserve’s upcoming interest rate hikes to combat high inflation are expected to affect the tech industry significantly. However, given the growing reliance on software and continued investments in this space, the industry is poised for a solid rebound. Quality software stocks Veeva Systems (VEEV) and Cadence Design Systems…

StockNews.com · Jul 14, 2022

$1000 Invested In This Stock 5 Years Ago Would Be Worth $4,600 Today

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 25.91% on an annualized basis producing an average annual return of 35.93%. Currently, Cadence Design Sys has a market capitalization of $42.85 billion.

Benzinga · Jun 27, 2022

2 Top Electronics Design Automation Stocks to Buy Now

Rising demand for electronic design automation (EDA) tools with rapid technological advancements has been driving the industry’s growth. Therefore, we think investing in fundamentally sound EDA stocks Synopsys, Inc. (SNPS) and Cadence Design Systems (CDNS) could be wise.  .

StockNews.com · Jun 10, 2022

Here's How Much $100 Invested In Cadence Design Sys 5 Years Ago Would Be Worth Today

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 24.85% on an annualized basis producing an average annual return of 35.27%. Currently, Cadence Design Sys has a market capitalization of $42.97 billion.

Benzinga · Jun 9, 2022