Why Cadence Design Systems, Inc. (CDNS) Plummeted on Wednesday
We recently compiled a list of the 10 Stocks Plummet on Wednesday. In this article, we are going to take a look at where Cadence Design Systems, Inc. (NASDAQ:CDNS) stands against the other stocks. The stock market ended firmer on Wednesday,
Cadence Design Systems Q4: Record Backlog, But The Stock Is Overvalued
Discover why Cadence Design Systems, Inc. faces a "Sell" rating despite strong growth, AI demand, and share buybacks. Click for my CDNS stock update.
Cadence Design Systems Inc. stock underperforms Wednesday when compared to competitors
Shares of Cadence Design Systems Inc. slipped 8.78% to $274.04 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,144.15 and the Dow Jones Industrial Average rising 0.
Cadence Design reports Q4 adjusted EPS $1.88, consensus $1.82
Reports Q4 revenue $1.356B, consensus $1.35B. “Cadence delivered exceptional results in the fourth quarter, capping off a strong 2024 with
Cadence Systems: Q4 EPS Tops Forecast
Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. pps = Percentage points. Overview of Cadence Design Sy
Cadence Design Systems Inc. stock underperforms Tuesday when compared to competitors despite daily gains
Cadence Design Systems Inc. closed 8.68% below its 52-week high of $328.99, which the company reached on June 20th.
Cadence Design Systems (CDNS) Q4 Earnings and Revenues Beat Estimates
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. These figures are adjusted for non-recurring items.
Cadence Q4 results feature record $6.8B backlog, outlook falls short of expectations
Cadence Design Systems (NASDAQ:CDNS) easily surpassed market expectations with its fourth quarter 2024 results, but the outlook came up short. Shares slipped during early post-market action on Tuesday,
Cadence Design Systems (NASDAQ:CDNS) Price Target Cut to $335.00 by Analysts at Robert W. Baird
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) had its target price lowered by equities research analysts at Robert W. Baird from $340.00 to $335.00 in a report issued on Thursday,Benzinga ...
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Should You Buy, Sell or Hold Cadence Stock Post Q4 Earnings?
Cadence Design Systems CDNS reported better-than-expected fourth-quarter 2024 results, driven by broad-based customer demand ...
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Cadence’s (NASDAQ:CDNS) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops
Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 26.9% year on year to $1.36 billion. On the other h ...
Allworth Financial LP Buys 645 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS)
Allworth Financial LP grew its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 83.0% during the fourth ...
Cadence Design price target lowered to $335 from $340 at Baird
Baird lowered the firm’s price target on Cadence Design (CDNS) to $335 from $340 and keeps an Outperform rating on the shares. The firm updated ...
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Cadence (CDNS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended December 2024, Cadence Design Systems (CDNS) reported revenue of $1.36 billion, up 26.9% over the same period last year. EPS came in at $1.88, compared to $1.38 in the year ...
Cadence Design Systems: Still Find It Hard To Justify The Premium Valuation Multiple
Cadence Design Systems (CDNS) is rated a hold as strong growth contrasts with high valuation risks. Read here for an ...
Cadence Design (CDNS): New Buy Recommendation for This Technology Giant
In a report released today, Gary Mobley from Loop Capital Markets reiterated a Buy rating on Cadence Design (CDNS – Research Report), with a ...
Analyst Estimates: Here's What Brokers Think Of Cadence Design Systems, Inc. (NASDAQ:CDNS) After Its Yearly Report
Shareholders might have noticed that Cadence Design Systems, Inc. ( NASDAQ:CDNS ) filed its yearly result this ...