|Bid||228.87 x 900|
|Ask||229.14 x 1400|
|Day's Range||228.62 - 230.78|
|52 Week Range||138.76 - 248.16|
|Beta (5Y Monthly)||1.03|
|PE Ratio (TTM)||71.97|
|Earnings Date||Oct 23, 2023 - Oct 27, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||263.50|
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SAN JOSE, Calif., September 25, 2023--Cadence announced it has collaborated with TSMC to integrate Virtuoso Studio into the TSMC N16 mmWave design reference flow and N6RF reference flow.
SAN JOSE, Calif., September 25, 2023--Cadence announced the expansion of its node-to-node design migration flow based on Virtuoso Studio, which is compatible with all TSMC advanced nodes.
According to the average brokerage recommendation (ABR), one should invest in Cadence (CDNS). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?