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Cadence Design Systems, Inc.
CDNS
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US Flag

NASDAQ

80B

Software - Application

Next Earning date - 18 Feb 2025

80B

Software - Application

Next Earning date - 18 Feb 2025

292.50USD
Shape-6.50 ( -2.17%)
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Relative Strenght

73
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Volume Buzz

-3%
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Earning Acce

Yes
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Dist 52w H.

11%

Quote Panel

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Updated January 14, 2025
1W -3.38 % 1M -6.70 % 3M 8.55 % 1Y 5.38 %

Key Metrics

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  • Market Cap

    80.22B


  • Shares Outstanding

    274.26M


  • Share in Float

    273.45M


  • Dividende

    0


  • Earning Date

    18 Feb 2025


  • Price Target

    292.5


  • Average Volume

    1.83M


  • Beta

    1.02


  • Range

    241.29-328.99


  • Industry

    Software - Application


  • Website

    https://www.cadence.com


  • Sector

    Technology


Fundamentals

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Relative Strength

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CDNS

Sector

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Top 5 RS in Group

Symbol

Company

RS

5-Day Perf.

Forecast

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$5B

Shape332%

2025-Revenue

$6.84

Shape687%

2025-EPS

$2B

Shape296%

2025-EBITDA

Analyst rating

Strong Sell

Sell

Buy

Neutral

Strong Buy

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Buy

Price Target

333.33(13.96%)

Number of analyst

6

Last analyst upgrade/downgrade

Loop Capital Markets

initialise

Previous: Not converted

2024-11-11

Now: Buy

Oppenheimer

initialise

Previous: Not converted

2024-09-24

Now: Underperform

Piper Sandler

upgrade

Previous: Buy

2024-08-06

Now: Overweight

Piper Sandler

initialise

Previous: Not converted

2024-04-04

Now: Neutral

Earnings GrowthShape

status-upYoY

Current

Estimates

Q4.22

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+20%

0.96
vs 0.8

Q1.23

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+57%

1.29
vs 0.82

Q2.23

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+4%

1.22
vs 1.17

Q3.23

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+17%

1.26
vs 1.08

Q4.23

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+44%

1.38
vs 0.96

Q1.24

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-9%

1.17
vs 1.29

Q2.24

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+5%

1.28
vs 1.22

Q3.24

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+30%

1.64
vs 1.26

Q4.24

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+32%

1.82
vs 1.38

Q1.25

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+35%

1.58
vs 1.17

Sales GrowthShape

status-upYoY

Current

Estimates

Q4.22

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+20%

899.9M  vs 750.9M

Q1.23

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+32%

1B  vs 773M

Q2.23

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+8%

976.6M  vs 901.8M

Q3.23

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+19%

1B  vs 857.5M

Q4.23

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+19%

1.1B  vs 899.9M

Q1.24

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-1%

1B  vs 1B

Q2.24

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+9%

1.1B  vs 976.6M

Q3.24

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+19%

1.2B  vs 1B

Q4.24

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+26%

1.3B  vs 1.1B

Q1.25

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+24%

1.3B  vs 1B

Return on EquityShape

status-upQoQ

Q4.22

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+9%

0.09
vs 0.07

Q1.23

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+8%

0.08
vs 0.09

Q2.23

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+8%

0.08
vs 0.08

Q3.23

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+8%

0.08
vs 0.08

Q4.23

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+10%

0.1
vs 0.08

Q1.24

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+7%

0.07
vs 0.1

Q2.24

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+5%

0.05
vs 0.07

Q3.24

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+5%

0.05
vs 0.05

Institutionnal OwnershipShape

status-upQoQ

Q4.22

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909

909
vs 854

6%

Q1.23

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984

984
vs 909

8%

Q2.23

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1066

1.1K
vs 984

8%

Q3.23

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1075

1.1K
vs 1.1K

1%

Q4.23

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1226

1.2K
vs 1.1K

14%

Q1.24

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1292

1.3K
vs 1.2K

5%

Q2.24

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1309

1.3K
vs 1.3K

1%

Q3.24

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1249

1.2K
vs 1.3K

-5%

Earnings Growth

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