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MSFT

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+9.79%↑

ORCL

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+0.46%↑

AAPL

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+0.15%↑

NVDA

137.06

+1.12%↑

MSFT

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+0.17%↑

TSM

205.69

+9.79%↑

ORCL

175.53

+0.46%↑

AAPL

232.1

+0.15%↑

NVDA

137.06

+1.12%↑

MSFT

416.71

+0.17%↑

TSM

205.69

+9.79%↑

ORCL

175.53

+0.46%↑

AAPL

232.1

+0.15%↑

NVDA

137.06

+1.12%↑

MSFT

416.71

+0.17%↑

TSM

205.69

+9.79%↑

ORCL

175.53

+0.46%↑

Search

Cadence Design Systems Inc

Closed

Sector Technology

262.95 0.07

Overview

Share price change

24h

Current

Min

262.64

Max

267.78

Key metrics

By Trading Economics

Income

-18M

230M

Sales

50M

1.1B

P/E

Sector Avg

80.14

57.481

EPS

1.28

Profit margin

21.653

Employees

11,200

EBITDA

18M

376M

Recommendations

By TipRanks

Recommendations

Buy

12 Months Forecast

+21.44 upside

Dividends

By Dow Jones

Next Earnings

28 Oct 2024

Market Stats

By TradingEconomics

Market Cap

-706M

73B

Previous open

262.88

Previous close

262.95

News Sentiment

By Acuity

13%

87%

19 / 384 Technology

Technical Score

By Trading Central

Confidence

Very Strong Bearish Evidence

Cadence Design Systems Inc Chart

Past performance is not a reliable indicator of future results.

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Peer Comparison

Price change

Cadence Design Systems Inc Forecast

Price Target

By TipRanks

21.44% upside

12 Months Forecast

Average 319.33 USD  21.44%

High 355 USD

Low 225 USD

Based on 10 Wall Street analysts offering 12 month price targets forCadence Design Systems Inc - Dist in the last 3 months.

Rating Consensus

By TipRanks

Buy

10 ratings

8

Buy

1

Hold

1

Sell

Technical Score

By Trading Central

262.25 / 268.63Support & Resistance

Short Term

Very Strong Bearish Evidence

Intermediate Term

Strong Bearish Evidence

Long Term

Bearish Evidence

Sentiment

By Acuity

19 / 384 Technology

News Sentiment

Very Strong Bullish Evidence

Volatility

Below average

News Volume (RCV)

Above average

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Cadence Design Systems Inc

Cadence Design Systems, Inc. provides solutions that enable its customers to design electronic products. The Company's product categories include Functional Verification, Digital integrated circuits (IC) Design and Signoff, Custom IC Design and Verification, System Interconnect and Analysis, and intellectual property (IP). Functional verification products are used to verify that the circuitry or the software designed to perform as intended. Digital IC design offerings are used to create representations of a digital circuit or an IC that can be verified for correctness prior to implementation. Custom IC design and verification offerings are used to create schematic and physical representations of circuits down to the transistor level for analog and memory designs. System Interconnect and Analysis offerings are used to develop printed circuit boards and IC packages. Design IP offerings consist of functional blocks, which customers integrate into their ICs for the development process.