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Cadence Design Systems (NASDAQ:CDNS – Get Free Report) updated its second quarter 2024 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.200-1.240 for the period, compared to the consensus estimate of 1.430. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. […]
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) updated its FY 2024 earnings guidance on Monday. The company provided EPS guidance of 5.880-5.980 for the period, compared to the consensus EPS estimate of 5.940. The company issued revenue guidance of $4.6 billion-$4.6 billion, compared to the consensus revenue estimate of $4.6 billion. Cadence Design Systems […]
Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Free Report) Director Vincentelli Albert Sangiovanni sold 1,500 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.83, for a total transaction of $463,245.00. Following the completion of the sale, the director now owns 50,183 shares […]
Cadence Design Systems (NASDAQ:CDNS – Free Report) had its price objective boosted by Wells Fargo & Company from $330.00 to $350.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has an overweight rating on the software maker’s stock. Other research analysts also recently issued research reports about the company. Morgan Stanley raised […]
Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) – Research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for Cadence Design Systems in a research note issued on Thursday, April 18th. Zacks Research analyst V. Doshi now anticipates that the software maker will earn $1.16 per share for the quarter, down […]