Cadence Design Systems, Inc. (CDNS) Stock Overview
Explore Cadence Design Systems, Inc.’s financial performance, market position, analyst ratings, and future outlook.
Cadence Design Systems, Inc. (CDNS)
Key Financials
Key Financials
Market Cap
76.9B
P/E Ratio
57.73
EPS (TTM)
$7.53
ROE
0.23%
CDNS Stock Analysis & Investment Overview (NASDAQ)
Our AI-powered analysis of Cadence Design Systems, Inc. (NASDAQ: CDNS) gives investors deep insight into how the stock performs on the NASDAQ exchange, its growth potential, and its market positioning. With a Meyka AI Score of B+, Cadence Design Systems, Inc.'s NASDAQ-listed shares demonstrate moderate investment characteristics based on our machine learning models.
The current technical analysis of CDNS on the NASDAQ shows an RSI of 28.52, suggesting the stock is in a an oversold condition. Our forecasting models predict a 12-month price target of $373.83 for the NASDAQ listing.
Key metrics behind Cadence Design Systems, Inc.'s NASDAQ-traded stock include a P/E ratio of 57.73 and a market capitalization of 76.9B. Combined with our AI analysis, these give both institutional and retail investors a clear view of CDNS on the NASDAQ.