Cadence Design Systems Inc

NASDAQ: CDNS
$247.52
-$3.33 (-1.3%)
Closing Price on September 6, 2024

CDNS Chart and Intraday Price

CDNS Company Data

Asset Type Stock
Exchange NASDAQ
Currency USD
Country USA
Sector TECHNOLOGY
Industry SERVICES-PREPACKAGED SOFTWARE
Address 2655 SEELY AVENUE BLDG 5, SAN JOSE, CA, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 85,820.62M USD
Shares Outstanding 272,239,000
Cadence Design Systems Inc. specializes in creating software, hardware, and integrated circuit (IC) design blocks that cater to a wide range of industries including consumer electronics, automotive, aerospace, and more. With a strong focus on innovation, Cadence offers a suite of verification services, digital and custom IC design products, system design tools, and intellectual property (IP) solutions. Their products, such as JasperGold, Xcelium, and Palladium, are designed to streamline the chip verification process, enhance design efficiency, and accelerate the time-to-market for new technologies. Headquartered in San Jose, California, Cadence is a trusted partner in pushing the boundaries of electronic design.

CDNS Articles

The Best Semiconductor Stock to Buy in July Has Gained 1,400%
What’s the best semiconductor stock to buy in July? While investors have zeroed in on NVIDIA (Nasdaq: NVDA), the truth is there are many companies benefitting from the AI boom. We review why...
Eric Bleeker
Published:

1 Growth Stock That Could Dominate AI's Next Breakthrough
This discussion explores secondary opportunities to benefit from the AI boom beyond the most talked about stocks like NVIDIA (NASDAQ: NVDA), Intel (NASDAQ: INTC), or AMD (NASDAQ: AMD). The focus...
Eric Bleeker
Published:

Microsoft Monetizing Copilot, Round 2; Synopsys Pays Big for Ansys
Microsoft has dropped its minimum Copilot licensing requirement for business customers as it looks to recoup its investment in OpenAI.
Paul Ausick
Published:

Earnings Previews: Cadence Systems, Cleveland-Cliffs, NXP Semiconductor
Here's what analysts are expecting to hear from three companies reporting quarterly results after markets close Monday afternoon.
Paul Ausick
Published:

Friday's Top Wall Street Analyst Upgrades and Downgrades: Activision Blizzard, Carvana, Cisco, Estee Lauder, Intel, Microsoft, Nvidia, Qualcomm and More
Friday's top analyst upgrades and downgrades included Activision Blizzard, Arista Networks, Cadence Design Systems, Carvana, Cisco Systems, Estee Lauder, Host Hotel & Resorts, Intel, Kosmos Energy,...
Lee Jackson
Published:

Friday Premarket Newsmakers: Marvell Picks Up Where Nvidia Left Off; Gap Beats but Issues Remain
Chipmaker Marvell Technology picked up the baton from Nvidia and raced higher after reporting earnings that included a bright outlook for the rest of the year. Gap stock rose on its report as well,...
Paul Ausick
Published:

Thursday's Top Analyst Upgrades and Downgrades: Abbott Labs, Carnival, Delta Air Lines, First Republic Bank, Lululemon, Macy's, Marathon Petroleum, Micron Technology and More
Thursday's top analyst upgrades and downgrades included Abbott Laboratories, Carnival, Deere, Delta Air Lines, DexCom, Enovix, First Republic Bank, GitLab, Hartford Financial Services, Interpublic...
Lee Jackson
Published:

Wednesday's Top Analyst Upgrades and Downgrades: BP, Exxon Mobil, Kroger, Microsoft, RingCentral, Wayfair, Wendy's and More
Wednesday's top analyst upgrades and downgrades included BP, ConocoPhillips, Equity Residential, Exxon Mobil, Global Payments, Kroger, Microsoft, NRG Energy, RingCentral, Valero Energy, Wayfair,...
Lee Jackson
Published:

Wednesday's Top Analyst Upgrades and Downgrades: FedEx, Hertz, Palo Alto Networks, Twilio, UPS and More
Wednesday's top analyst upgrades and downgrades included Coterra Energy, EOG Resources, FedEx, Fortinet, Hertz Global, Palo Alto Networks, Range Resources, Stem, TechnipFMC, Twilio and United Parcel...
Lee Jackson
Published:

Earnings Previews: Cadence Design, Discover Financial, Range Resources
After markets close Monday afternoon, these three companies will report quarterly results.
Paul Ausick
Published:

Friday's Top Analyst Upgrades and Downgrades: Apple, Coinbase, First Solar, Kraft Heinz, Marvell, Monster Beverage, QuantumScape, Range Resources, VFC and More
Friday's top analyst upgrades and downgrades included Apple, Coinbase Global, Constellation Brands, Dollar General, First Solar, Kraft Heinz, Marvell Technology, Monster Beverage, QuantumScape, Range...
Lee Jackson
Published:

Tuesday's Top Analyst Upgrades and Downgrades: Bristol-Myers, Costco, Exxon, FedEx, Lucid, Medtronic, Micron Technology, Salesforce, Six Flags, Unity Software and More
Tuesday's top analyst upgrades and downgrades included Bristol-Myers Squibb, Costco Wholesale, Dollar General, Exxon Mobil, FedEx, Horizon Therapeutics, Hyatt Hotels, Lucid, Medtronic, Micron...
Lee Jackson
Published:

Thursday's Top Analyst Upgrades and Downgrades: Array Technologies, Blue Apron, Coinbase, Disney, Emerson Electric, Micron Technology, Shopify, Take-Two Interactive and More
Thursday’s top analyst upgrades and downgrades included Allbirds, Altice USA, Array Technologies, Blue Apron, CF Industries, Coinbase Global, Emerson Electric, Equitrans Midstream, Frontier Group,...
Lee Jackson
Published:

Thursday's Top Analyst Upgrades and Downgrades: Amazon, DraftKings, Goldman Sachs, Las Vegas Sands, Lyft, SunPower, Twitter, Weyerhaeuser, Wynn Resorts and More
Thursday's top analyst upgrades and downgrades included Amazon.com, Azek, DraftKings, Goldman Sachs, Las Vegas Sands, Lyft, SunPower, Twitter, Unity Software, Weyerhaeuser and Wynn Resorts.
Lee Jackson
Published:

BofA Sees Big Upside in Semiconductor Stocks, Upgrades 2 Chip Design Picks
Semiconductor analysts at Bank of American Global Research have raised their ratings and price objectives on two stocks and lowered ratings and price objectives on four others. Here is why.
Paul Ausick
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