CDNS Stock Recent News

Cadence Design Systems (CDNS) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.38 per share a year ago.

Cadence Design Systems (CDNS 1.77%), a leader in computational software for electronic system design, reported fourth-quarter 2024 earnings on Tuesday, Feb. 18, that topped analysts' consensus expectations but also included soft guidance for 2025.

CDNS' fourth-quarter performance is likely to have benefited from higher customer demand amid volatile global macroeconomic conditions.

The latest trading day saw Cadence Design Systems (CDNS) settling at $296.16, representing a +0.72% change from its previous close.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Beyond analysts' top -and-bottom-line estimates for Cadence (CDNS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.

Cadence (CDNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $302.91, denoting a +0.09% change from the preceding trading day.

Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.

Cadence (CDNS) is one of the standout tech stocks of the last 15 years, soaring 5,000%. Yet, CDNS stock has been flat over the past 12 months.