Workflow
Cadence(CDNS)
icon
Search documents
Cadence Design Systems (CDNS) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-06-18 23:05
In the latest trading session, Cadence Design Systems (CDNS) closed at $326.50, marking a +1.37% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.25% for the day. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.03%.The maker of hardware and software products for validating chip designs's stock has climbed by 10.12% in the past month, exceeding the Computer and Technology sector's gain of 8.7% and the S&P 500's gain of 3.34%.The ...
The 3 Best Climate Change Stocks to Buy in June 2024
Investor Place· 2024-06-12 10:15
Today we introduce three of the best climate change stocks as the world transitions towards a more sustainable future. Governments, businesses, and individuals are implementing solutions to mitigate environmental damage. These steps range from developing clean energy technologies to sustainable infrastructure, and innovative solutions to reduce greenhouse gas emissions.Meanwhile, the global push towards sustainability presents a compelling investment opportunity. Underscoring the profitability of sustainabl ...
Cadence Design Systems (CDNS) Rises Higher Than Market: Key Facts
ZACKS· 2024-06-10 22:56
Cadence Design Systems (CDNS) closed the latest trading day at $296.18, indicating a +0.6% change from the previous session's end. This change outpaced the S&P 500's 0.26% gain on the day. At the same time, the Dow added 0.18%, and the tech-heavy Nasdaq gained 0.35%.Shares of the maker of hardware and software products for validating chip designs have appreciated by 2.41% over the course of the past month, underperforming the Computer and Technology sector's gain of 6.38% and the S&P 500's gain of 3.25%.The ...
Cadence (CDNS) Acquires Switzerland-based BETA CAE for $1.24B
ZACKS· 2024-06-05 13:11
Cadence Design Systems Inc (CDNS) recently concluded the acquisition of Switzerland-based BETA CAE Systems International AG. The acquisition was announced in March 2024.Back then, CDNS had highlighted that the deal involved Cadence paying approximately $1.24 billion, with 60% of the consideration in cash and 40% through the issuance of Cadence stock to BETA CAE shareholders.Headquartered in Lucerne, BETA CAE specializes in offering multi-domain, engineering simulation solutions. BETA CAE offers a comprehens ...
Cadence Design Systems (CDNS) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-06-03 22:55
Cadence Design Systems (CDNS) closed at $286.15 in the latest trading session, marking a -0.06% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.11%. Meanwhile, the Dow experienced a drop of 0.3%, and the technology-dominated Nasdaq saw an increase of 0.56%.Shares of the maker of hardware and software products for validating chip designs have appreciated by 1.66% over the course of the past month, underperforming the Computer and Technology sector's gain of 7.61% an ...
Cadence (CDNS) Surges 26.2% in a Year: Will the Trend Last?
zacks.com· 2024-05-29 13:16
Cadence Design Systems, Inc (CDNS) is continuing its upward trajectory, with a gain of 26.2% in the past year compared with the S&P 500 composite’s growth of 26.1%.Based in San Jose, CA, Cadence is a leader in the electronic system design space. The company’s Intelligent System Design strategy aids users to transform design concepts into reality by offering computational software, hardware and IP. Cadence’s core electronic design automation software and services enable engineers to develop different types o ...
Cadence Design Systems (CDNS) Laps the Stock Market: Here's Why
zacks.com· 2024-05-28 22:50
The latest trading session saw Cadence Design Systems (CDNS) ending at $296.21, denoting a +0.66% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.03%. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, added 0.59%.Shares of the maker of hardware and software products for validating chip designs witnessed a gain of 4.17% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 6.87% and the S&P 500's gain o ...
Why Is Cadence (CDNS) Up 3% Since Last Earnings Report?
zacks.com· 2024-05-22 16:31
A month has gone by since the last earnings report for Cadence Design Systems (CDNS) . Shares have added about 3% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cadence due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Cadence Q1 Earnings Top EstimatesCadence Des ...
Understanding Cadence (CDNS) Reliance on International Revenue
Zacks Investment Research· 2024-04-25 17:55
Have you evaluated the performance of Cadence Design Systems' (CDNS) international operations for the quarter ending March 2024? Given the extensive global presence of this maker of hardware and software products for validating chip designs, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping ...
Cadence(CDNS) - 2024 Q1 - Quarterly Report
2024-04-23 21:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☒ EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-15867 _____________________________________ CADENCE ...