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Cadence Design Systems, Inc.

CDNS•NASDAQ
Technology
Software - Application
$332.89
$18.56(5.90%)
U.S. Market opens in 41h 0m

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

Z

Key Financials

Market Cap91.9B
P/E Ratio81.08
EPS (TTM)$4.05
ROE0.22%
Fundamental Analysis

AI Price Forecasts

1 Month$310.93
3 Months$330.59
1 Year Target$381.33

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 65.29, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $381.33.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 81.08 and a market capitalization of 91.9B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

1-Day Change
5.90%
5-Day Change
5.24%
1-Month Change
17.08%
3-Month Change
4.58%
6-Month Change
-3.54%
Year-to-Date (YTD) Change
6.50%
1-Year Change
18.14%
3-Year Change
56.30%
5-Year Change
130.80%
All-Time (Max) Change
16544.50%

Contact Information

https://www.cadence.com
408 943 1234
Building 5, San Jose, CA, 95134

Company Facts

12,837 Employees
IPO DateJun 10, 1987
CountryUS
Actively Trading

Frequently Asked Questions