$324.54 3.6%
CDNS Stock Price vs. AI Score
Data gathered: December 4

AI Score



Sign up to see AI score

Brand Score Sign up
Employment Score Sign up
User Growth Score Sign up
Fundamental Score Sign up

AI Stock Analysis - Cadence Design Systems (CDNS)

Analysis generated December 1, 2024. Powered by Chat GPT.

Cadence Design Systems, Inc. is a leading provider of electronic design automation (EDA) software and engineering services, essential for electronic design and manufacturing. EDA software is crucial for designing and verifying complex integrated circuits, systems-on-chip, and other electronic systems. Cadence offers a suite of software tools for these purposes, making it a cornerstone technology for engineers and designers around the globe.

Read full AI stock Analysis

Stock Alerts - Cadence Design Systems (CDNS)

company logo Cadence Design Systems | November 27
Insider Alert: TENG CHIN-CHI is continuing selling shares
company logo Cadence Design Systems | November 20
Insider Alert: TENG CHIN-CHI is selling shares
company logo Cadence Design Systems | November 15
Michael McCaul (member of U.S. congress) is buying shares
company logo Cadence Design Systems | November 13
Job postings are up by 126% in the last couple of days.

About Cadence Design Systems

California-based Cadence Design Systems, Inc. is a multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company designs and develops integrated circuits and electronic devices. Its products are used for various market applications including consumer, hyperscale computing, 5G communications, automotive, aerospace, industrial and health.


Cadence Design Systems
Price $324.54
Target Price Sign up
Volume 2,200,000
Market Cap $85.1B
Year Range $246.84 - $326.5
Dividend Yield 0%
PE Ratio 81.87
Analyst Rating 79% buy
Industry Application Software

In the news


Financial performance View All

Revenue Cost of Revenue Gross Profit Net Income ebitda EPS
Q3 '241.2B313M889M238M367M1.640
Q2 '241.07B270M802M230M335M1.280
Q1 '241.02B266M754M248M324M1.170
Q4 '231.06B274M785M324M376M1.380
Q3 '231.01B266M744M254M314M1.260

Insider Transactions View All

TENG CHIN-CHI filed to sell 93,275 shares at $312.4.
November 26 '24
TENG CHIN-CHI filed to sell 96,746 shares at $309.4.
November 26 '24
TENG CHIN-CHI filed to sell 95,612 shares at $310.5.
November 26 '24
TENG CHIN-CHI filed to sell 97,743 shares at $308.3.
November 26 '24
TENG CHIN-CHI filed to sell 93,475 shares at $311.3.
November 26 '24

What is the Market Cap of Cadence Design Systems?

The Market Cap of Cadence Design Systems is $85.1B.

What is Cadence Design Systems' PE Ratio?

As of today, Cadence Design Systems' PE (Price to Earnings) ratio is 81.87.

What is the current stock price of Cadence Design Systems?

Currently, the price of one share of Cadence Design Systems stock is $324.54.

How can I analyze the CDNS stock price chart for investment decisions?

The CDNS stock price chart above provides a comprehensive visual representation of Cadence Design Systems' stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Cadence Design Systems shares. Our platform offers an up-to-date CDNS stock price chart, along with technical data analysis and alternative data insights.

Does CDNS offer dividends to its shareholders?

As of our latest update, Cadence Design Systems (CDNS) does not offer dividends to its shareholders. Investors interested in Cadence Design Systems should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.

What are some of the similar stocks of Cadence Design Systems?

Some of the similar stocks of Cadence Design Systems are Microsoft, Oracle, Adobe, Intuit, and Autodesk.

.
The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
About Us

AltIndex revolutionizes investing with advanced alternative data analytics, smart insights, and stock alerts, presented in an easy-to-use dashboard powered by comprehensive company data from across the internet.



App download

Legal Disclaimer
The information provided by AltIndex is solely for informational purposes and not a substitute for professional financial advice. Investing in financial markets carries inherent risks, and past performance doesn't guarantee future results. It's crucial to do your research, consult with financial experts, and align your financial objectives and risk tolerance before investing. AltIndex creators and operators are not liable for any financial losses incurred from using this information. Users should exercise caution, seek professional advice, and be prepared for the risks involved in trading and investing in financial assets, only investing what they can afford to lose. The information in this application, derived from publicly available data, is believed to be reliable but may not always be accurate or current. Users should verify information independently and not solely rely on this application for financial decisions. By using AltIndex, you acknowledge that it doesn't offer financial advice and agree to consult a qualified financial advisor before making investment decisions.

© 2024 AltIndex. All rights reserved.