Date | Price Target | Rating | Analyst |
---|---|---|---|
9/25/2024 | $225.00 | Underperform | Oppenheimer |
8/6/2024 | $318.00 | Neutral → Overweight | Piper Sandler |
4/4/2024 | $334.00 | Neutral | Piper Sandler |
2/14/2024 | $350.00 | Equal-Weight → Overweight | Morgan Stanley |
2/13/2024 | $280.00 | Buy → Neutral | Rosenblatt |
11/10/2023 | $260.00 | Equal-Weight | Morgan Stanley |
7/20/2023 | $210.00 → $300.00 | Hold → Buy | Stifel |
1/17/2023 | $200.00 | Neutral → Overweight | Atlantic Equities |
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
Cadence Design Systems, Inc. (NASDAQ:CDNS) will hold its third quarter 2024 financial results webcast on Monday, October 28, 2024. Participating in the webcast will be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. The webcast will begin Monday, October 28, 2024 at 2:00 p.m. Pacific Time. An archive of the webcast will be available online from 5:00 p.m. Pacific Time on October 28, 2024 until 5:00 p.m. Pacific Time on Friday, December 13, 2024 at cadence.com/cadence/investor_relations. About Cadence Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational softw
Highlights: AI-driven digital and custom design flows available for the latest TSMC N2P and N3 technologies Cadence is collaborating with TSMC on A16 design solutions to optimize PPA Cadence Integrity 3D-IC Platform unifying packaging, analog and digital design supports latest 3Dblox features Collaboration includes Celsius Studio mechanical analysis enablement and thermal/voltage impacts on power/IR/STA and what-if in-design analysis Design IP powers the AI factory, including the industry's first silicon-proven GDDR7 IP running at 32Gbps on the TSMC N3 technology Cadence solutions support secure chip design in the cloud, with design solutions to support TSMC silicon photonics te
Inaugural Fem.AI Summit will convene industry, academia, nonprofits and gender equity leaders in October Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced the launch of Fem.AI—an initiative to propel women and the industry towards a more equitable tech sector, with an emphasis on opportunities in AI. The Cadence Giving Foundation has committed $20 million towards this initiative, including philanthropic and product donations over the next decade to organizations that align with Fem.AI's mission. By catalyzing the industry to invest in nonprofits, university students and programs, champion women-led ventures, drive product innovation and leverage industry influence, Fem.AI aims to
Oppenheimer initiated coverage of Cadence Design with a rating of Underperform and set a new price target of $225.00
Piper Sandler upgraded Cadence Design from Neutral to Overweight and set a new price target of $318.00
Piper Sandler initiated coverage of Cadence Design with a rating of Neutral and set a new price target of $334.00
SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
BETA CAE's world-renowned solutions will complement and expand Cadence's system analysis portfolio for automotive, aerospace, industrial and healthcare verticals Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced it has entered into a definitive agreement to acquire BETA CAE Systems International AG, a leading system analysis platform provider of multi-domain, engineering simulation solutions. The addition of BETA CAE's proven technologies and talent will accelerate Cadence's Intelligent System Design™ strategy by expanding its multiphysics system analysis portfolio and enabling entry into the structural analysis segment, unlocking a multi-billion-dollar incremental TAM opportunit
Transaction brings Cadence skilled system design expertise in delivering end-to-end custom solutions to customers across multiple industries Cadence Design Systems, Inc. (NASDAQ:CDNS) announced today that it has acquired Invecas, Inc., a leading provider of design engineering, embedded software and system-level solutions, headquartered in Santa Clara, California. The purchase adds a skilled system design engineering team to Cadence, with expertise in providing customers with custom solutions across chip design, product engineering, advanced packaging and embedded software. Accelerating trends such as digital transformation of multiple vertical markets and more system companies building
Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced that current Cadence board member, Mary Louise (ML) Krakauer, has assumed the role of chair of the board, effective May 4, 2023. Ms. Krakauer, who previously held various executive roles at global technology companies, also serves as a director of Mercury Systems, Inc. and Proterra Inc. Ms. Krakauer's appointment was confirmed by the Cadence board following the annual shareholder's meeting last week. Ms. Krakauer succeeds Lip-Bu Tan, who had served as Cadence's executive chair. "ML first joined our board in January 2022, and we're honored that she's been appointed chair as we embark on the next phase of our growth," said Dr. Ani
Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 15 years by 16.52% on an annualized basis producing an average annual return of 28.55%. Currently, Cadence Design Sys has a market capitalization of $73.31 billion. Buying $1000 In CDNS: If an investor had bought $1000 of CDNS stock 15 years ago, it would be worth $43,211.08 today based on a price of $269.09 for CDNS at the time of writing. Cadence Design Sys's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzing
Throughout the last three months, 7 analysts have evaluated Cadence Design Sys (NASDAQ:CDNS), offering a diverse set of opinions from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 3 1 0 0 Last 30D 1 1 0 0 0 1M Ago 0 2 1 0 0 2M Ago 1 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have set 12-month price targets for Cadence Design Sys, revealing an average target of $334.57, a high estimate of $355.00, and a low estimate of $318.00. This current average has increased by 1.78%
8-K - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
8-K - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
FWP - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
Cadence Design Systems, Inc. (NASDAQ:CDNS) announced today that it has completed the acquisition of OpenEye Scientific Software, Inc. ("OpenEye"). The addition of OpenEye's technologies and experienced team accelerates the Cadence® Intelligent System Design™ strategy by extending Cadence's computational software core competency to molecular modeling and simulation that is targeted to life sciences. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220901005242/en/ OpenEye, an industry leader in computational molecular design, has pioneered physics-based approaches and the cloud-native Orion® software platform to accelerate advances
Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced that it has completed the acquisition of Future Facilities. The addition of Future Facilities technologies and expertise supports the Cadence® Intelligent System Design™ strategy and broadens its multiphysics system analysis and computational fluid dynamics (CFD) portfolios. Future Facilities' electronics cooling analysis and energy performance optimization solutions for data center design and operations using physics-based 3D digital twins enables leading technology companies to make informed business decisions about data center design, operations and lifecycle management and reduce their carbon footprint. Future Facilities' proven
Broadens expansion into multiphysics domain with market-leading computational fluid dynamics mesh generation and pre-processing technology Cadence Design Systems, Inc. (NASDAQ:CDNS) announced today that it has acquired Pointwise, Inc., a leader in mesh generation for computational fluid dynamics (CFD). The addition of Pointwise's technologies and experienced team supports the Cadence® Intelligent System Design™ strategy and further broadens its system analysis portfolio, complementing the recently acquired NUMECA CFD technology. Together, these acquisitions will enable advanced CFD solutions where accuracy, reliability, predictability and performance are paramount for high-fidelity charact