Relative Strength Index (RSI)
|Bid||229.73 x 800|
|Ask||232.00 x 1000|
|Day's Range||229.40 - 233.11|
|52 Week Range||138.76 - 239.00|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||72.69|
|Earnings Date||Jul 24, 2023 - Jul 28, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||229.82|
Subscribe to Yahoo Finance Plus to view Fair Value for CDNSLearn more
Cadence Design Systems (CDNS) closed at $230.91 in the latest trading session, marking a -1.64% move from the prior day.
The Aerodynamic Research Center at the University of Texas at Arlington (UTA) is bringing hypersonic travel to the United States.
SAN JOSE, Calif., May 30, 2023--Cadence’s John Wall to Present at BofA Securities Conference
Cadence (CDNS) collaborates with Arm to help users enhance verification throughput and improve productivity.
SAN JOSE, Calif., May 29, 2023--Cadence collaborated with Arm to provide customers with a faster path to tapeout with Cadence digital and verification tools and the new Arm TCS23.
Shares of engineering and software company Cadence Design Systems have surged in the past couple of weeks. In the daily bar chart of CDNS, below, I see that the shares have been in an uptrend from January after a low in early November. The On-Balance-Volume (OBV) line made a low in early November and a rising OBV line means that buyers of a stock are being more aggressive than sellers.
Student teams working together to tackle technical challenges and find innovative solutions are the future of the electronics industry. That's why the Cadence Academic Network is committed to providing the tools and training needed to accelerate these teams to the finish line.
SAN JOSE, Calif., May 24, 2023--Cadence’s Anirudh Devgan to Present at Bernstein Conference
Cadence (CDNS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Dow Jones Industrial Average fell 225 points Wednesday ahead of the Fed minutes from the latest policy meeting. Retailer Kohl's soared 15% on a surprise profit.
Dow Jones aerospace and defense giant Boeing, along with ASML, Cadence and DraftKings, are in or near buy zones in today's stock market.
Cadence is thrilled to congratulate the recipients of the Latinx Students in Technology program by showcasing their outstanding achievements and inspirational stories with this fifth and final installment of the Diversity in Technology Scholarship blog series: https://www.3blmedia.com/news/campaign/cadence-diversity-technology-scholarships
The Dow Jones fell Tuesday after President Biden and House Speaker Kevin McCarthy failed to reach a deal at their debt ceiling meeting.
MercadoLibre is one of several stocks setting up just above or below buy points from a flat base, a classic bullish pattern.
The S&P 500 hit a 2023 high Thursday, led by techs such as Netflix and Nvidia. Beware FOMO and don't chase extended stocks.
The board of Cadence Bank ( NYSE:CADE ) has announced that it will be paying its dividend of $0.235 on the 3rd of July...
Cadence Design Systems is the IBD Stock Of The Day as the maker of design automation software bounces back from an earnings swoon.
Some of the top Indian CEOs are heading major corporations in the financial services and tech sectors. Learn who they are and how they’re leading the charge in their respective industries.
SAN JOSE, Calif., May 11, 2023--Cadence’s John Wall to Present at Needham Conference
SAN JOSE, Calif., May 11, 2023--Cadence announced that current Cadence board member, Mary Louise (ML) Krakauer, has assumed the role of chair of the board, effective May 4, 2023.
Cadence Design Systems
While robots in the past were used mostly in industrial applications, robotics are now being employed for security, health care, aerospace, food and beverage uses, and education. Amid these advances, market research analysts have forecast the robotics market will expand to $214.7 billion by 2030, growing at a compound annual growth rate (CAGR) of almost 23%. With such an increasing investment opportunity, robot and automation stocks, as represented by the ROBO Global Robotics and Automation Index ETF (ROBO), an exchange-traded fund (ETF), have outperformed the broader market.
Artificial intelligence (AI) -- a computing system that attempts to imitate the way the human mind processes information and solves problems -- has been around for decades. Companies across all industries see the potential to supercharge their performance if they put these new computing systems to work and are investing in new projects accordingly. Behind every AI system is a powerful semiconductor, so chip stocks have rightly attracted a lot of attention in recent months.
Today, IBM (IBM: NYSE) announced Cadence Design Systems, Inc. (Nasdaq: CDNS), is leveraging high-performance computing (HPC) with IBM Cloud HPC to help develop its chip and system design software faster. With more than 30 years of computational software experience, Cadence helps companies deliver innovative electronic products, including chips, boards and systems for dynamic market applications such as hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial a
With big tech shifting toward in-house chip design, Cadence stands to benefit from these growing tailwinds.