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74%
of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
74%
of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74%
of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
English (International)
Cadence Design Systems Inc
Closed
Sector Technology
258.12 -4.59
Overview
Share price change
24h
Min
256.78
Max
259.25
Income | 8.6M 238M |
|---|---|
Sales | 140M 1.4B |
P/E Sector Avg | 71.365 111.403 |
EPS | 1.88 |
Profit margin | 19.59 |
EBITDA | 44M 457M |
Recommendations | Strong Buy |
|---|---|
12 Months Forecast | +26.66 upside |
Next Earnings | 21 Apr 2025 |
|---|
Market Cap | -7.5B 75B |
|---|---|
Previous open | 262.71 |
Previous close | 258.12 |
News Sentiment
By Acuity
6%
94%
4 / 420 Technology
Technical Score
By Trading Central
Confidence
Very Strong Bearish Evidence
Cadence Design Systems Inc Chart
Past performance is not a reliable indicator of future results.
Related News
Peer Comparison
Price change
Cadence Design Systems Inc Forecast
Price Target
By TipRanks
26.66% upside
12 Months Forecast
Average 327.21 USD 26.66%
High 355 USD
Low 225 USD
Based on 14 Wall Street analysts offering 12 month price targets forCadence Design Systems Inc - Dist in the last 3 months.
Sentiment
By Acuity
4 / 420 Technology
News Sentiment
Very Strong Bullish Evidence
Volatility
Below average
News Volume (RCV)
Above average
Financials
Selling and administration expenses
Operating expenses
Pre-tax profit
Sales
Cost of sales
Gross profit on sales
Interest expense on debt
EBITDA
Operating profit
$
About Cadence Design Systems Inc
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
