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July 28, 2023
Cadence Design Systems (NASDAQ:CDNS – Get Free Report)‘s stock had its “buy” rating restated by research analysts at Needham & Company LLC in a research report issued to clients and investors on Tuesday, Benzinga reports. They currently have a $235.00 price objective on the software maker’s stock. Needham & Company LLC’s price target suggests a […]
July 28, 2023
Jump Financial LLC cut its stake in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 18.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,121 shares of the software maker’s stock after selling 7,748 shares during the quarter. Jump […]
July 27, 2023
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) issued its earnings results on Monday. The software maker reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.04, Briefing.com reports. Cadence Design Systems had a return on equity of 34.13% and a net margin of 23.41%. The company had revenue […]
July 27, 2023
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) updated its third quarter 2023 earnings guidance on Tuesday. The company provided EPS guidance of $1.18-$1.22 for the period, compared to the consensus EPS estimate of $1.26. The company issued revenue guidance of $990.00M-$1.01 billion, compared to the consensus revenue estimate of $1.01 billion. Cadence Design Systems […]
July 27, 2023
Cadence Design Systems (NASDAQ:CDNS – Free Report) had its target price increased by KeyCorp from $265.00 to $270.00 in a report issued on Tuesday morning, Marketbeat reports. KeyCorp currently has an overweight rating on the software maker’s stock. CDNS has been the subject of a number of other reports. Stifel Nicolaus raised Cadence Design Systems […]
July 27, 2023
Cadence Design Systems (NASDAQ:CDNS – Free Report) had its target price raised by KeyCorp from $265.00 to $270.00 in a research report sent to investors on Tuesday, Marketbeat Ratings reports. KeyCorp currently has an overweight rating on the software maker’s stock. Several other research firms have also issued reports on CDNS. Wells Fargo & Company […]
July 26, 2023
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) announced its earnings results on Monday. The software maker reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.04, Briefing.com reports. Cadence Design Systems had a return on equity of 34.13% and a net margin of 23.41%. The company had […]
July 25, 2023
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) announced its quarterly earnings results on Monday. The software maker reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.04, Briefing.com reports. The business had revenue of $977.00 million for the quarter, compared to analyst estimates of $975.99 million. Cadence […]
July 25, 2023
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) updated its third quarter 2023 earnings guidance on Tuesday. The company provided EPS guidance of $1.18-$1.22 for the period, compared to the consensus EPS estimate of $1.26. The company issued revenue guidance of $990.00M-$1.01 billion, compared to the consensus revenue estimate of $1.01 billion. Analysts Set New […]
July 25, 2023
Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $241.27, but opened at $231.82. Cadence Design Systems shares last traded at $239.25, with a volume of 785,044 shares traded. Wall Street Analysts Forecast Growth CDNS has been the subject of […]