NASDAQ:CDNS

Cadence Design Systems Stock News

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$384.96
+1.22 (+0.318%)
At Close: Jun 12, 2026

2 Stocks Making Moves Late Monday

09:45pm, Monday, 24'th Jul 2023
Markets were higher on Monday. F5 saw its stock rise after announcing favorable results in its latest quarterly report.
Cadence Design Systems, Inc. (NASDAQ:CDNS ) Q2 2023 Earnings Conference Call July 24, 2023 5:00 PM ET Company Participants Richard Gu - Vice President of Investor Relations Anirudh Devgan - President
Cadence Design Systems (CDNS) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.08 per share a year ago.
The headline numbers for Cadence (CDNS) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates
Cadence Design Systems Inc. shares fell in the extended session Monday following a forecast that fell short of Wall Street expectations, even after the electronic systems design company raised it for
Cadence (CDNS) could produce exceptional returns because of its solid growth attributes.
SAP's second-quarter 2023 results reflect continued strength in its cloud business.
After U.S. markets closed on Thursday, railroad operator CSX met the consensus estimate for earnings per share (EPS) and barely missed Wall Street's revenue estimate.

Bull of the Day: Cadence Design Systems (CDNS)

06:57am, Friday, 21'st Jul 2023
I last profiled Cadence Design Systems ( CDNS ) in late March, right before the AI-propelled moonshot of NVIDIA ( NVDA ) shares from $250 to $475. The reason this is important is that NVIDIA , the "Ki
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Cadence's (CDNS) second-quarter performance is likely to have benefited from healthy demand for the company's diversified product portfolio.
Cadence (CDNS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
We have narrowed our search to five S&P 500 companies that are set to declare second-quarter earnings results next week. These are: CDNS, PHM, F, TYL, PCAR.
SAP's second-quarter performance is likely to have benefited from continued momentum in cloud business. However, prevailing global macroeconomic challenges may have acted as a dampener.

4 Stocks With Remarkable Interest Coverage Ratio

01:21pm, Thursday, 13'th Jul 2023
A company capable of generating earnings well above its interest expense can withstand financial hardship. Nexstar (NXST), Cadence Design Systems (CDNS), Atmos (ATO) and O'Reilly (ORLY) are sound enou
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