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Cadence Design Systems, Inc.

CDNSNASDAQ
Technology
Software - Application
$332.19
$7.55(2.33%)

Cadence Design Systems, Inc. (CDNS) Stock Overview

Explore Cadence Design Systems, Inc.’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B+

Score: 77.3/100

Key Financials

Market Cap90.7B
P/E Ratio84.00
EPS (TTM)$3.95
ROE0.22%
Fundamental Analysis

AI Price Forecasts

1 Week$277.65
1 Month$307.86
3 Months$281.88
1 Year Target$330.14

CDNS Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Cadence Design Systems, Inc. (CDNS) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 63.30, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $330.14.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 84.00 and a market capitalization of 90.7B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Frequently Asked Questions

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