CDNS stock forecast
Our latest prediction for Cadence Design Systems Inc - CDNS's stock price was made on the Dec. 21, 2023 when the stock price was at 275.57$.
In the short term (2weeks), CDNS's stock price should underperform the market by -1.58%. During that period the price should oscillate between -5.94% and +0.02%.
In the medium term (3months), CDNS's stock price should underperform the market by -12.83%. During that period the price should oscillate between -25.49% and +-2.75%.
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About Cadence Design Systems Inc - CDNS
At the moment the company generates 4603M USD in revenues.
On its last earning announcement, the company reported a profit of 3.55$ per share.
The book value per share is 4.20$
Three months stock forecastDec. 21, 2023
Financials
| Revenue USD | Gross Margin | Operating Income | Operating Margin | Net Income | Earnings Per Share | Dividends | Payout Ratio | Shares | Book Value Per Share | Operating Cash Flow | Cap Spending | Free Cash Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4603M | - | 1125M | - | 957M | 3.55 | - | - | 272M | 4.20 | - | - | - |