Cadence Design Systems Stock News

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Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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Cadence Design Systems (CDNS) reachead $294.37 at the closing of the latest trading day, reflecting a +1.25% change compared to its last close.

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Cadence (CDNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Cadence (CDNS) launches domain-specific Palladium Z2 applications to help customers navigate the increasing complexity of system design.

Cadence is a top enabler of AI with its expansive suite of design software for chips and computing systems. It just made another small acquisition to bolster its work in custom chip engineering.

In the most recent trading session, Cadence Design Systems (CDNS) closed at $268.50, indicating a +0.64% shift from the previous trading day.

Cadence Design Systems (CDNS) closed the most recent trading day at $266.79, moving +1.34% from the previous trading session.

Cadence notes that Invecas buyout will enable it to offer its customers with custom solutions across chip design, advanced packaging, product engineering and embedded software.

Cadence Design Systems (CDNS) reachead $252.71 at the closing of the latest trading day, reflecting a -1.25% change compared to its last close.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its fourth quarter and fiscal year 2023 financial results webcast on Monday, February 12, 2024.

In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $255.92, denoting a -0.53% change from the preceding trading day.

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