CDNS Stock Recent News
CDNS LATEST HEADLINES
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence's expanded collaboration with Samsung Foundry includes a new multi-year IP agreement and joint development on the latest SF2P process node.
Cadence Design Systems is a mission-critical enabler of next-gen industries, boasting high recurring revenues, robust client retention, and an AI-driven product portfolio. The company's oligopolistic market position, high switching costs, and continuous innovation justify its premium valuation and support long-term growth prospects. Risks include industry cyclicality, customer concentration, high valuation, and geopolitical uncertainties, but strong cash flow and buybacks enhance shareholder value.
Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.
I rate CDNS a buy due to strong secular tailwinds, a widening moat, and robust execution fueling early-stage growth. CDNS's mission-critical EDA tools, AI-powered Cerebrus platform, and NVIDIA partnership drive technological leadership and expand its addressable market. AI megatrends, hardware upgrade cycles, and potential share gains from Intel's strategy shift are key growth catalysts for CDNS.
PARIS--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence is providing optimized solutions for the world's first industrial AI cloud in collaboration with NVIDIA.
In the latest trading session, Cadence Design Systems (CDNS) closed at $301.66, marking a +1.59% move from the previous day.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Shares of electronic design automation company Cadence Design Systems (CDNS -10.44%) dropped late Wednesday, finishing the day down 10.4%.
Shares of semiconductor software design companies Cadence and Synopsys were falling hard on the news.