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Cadence Design Systems (NASDAQ:CDNS) Given New $270.00 Price Target at KeyCorp

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 […] ....

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Cadence Design Systems (NASDAQ:CDNS) Releases Earnings Results

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 […] ....

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Cadence Design Systems (NASDAQ:CDNS) Posts Quarterly Earnings Results

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 […] ....

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Cadence Design Systems (NASDAQ:CDNS) Releases Q3 2023 Earnings Guidance

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 […] ....

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