Feb. 26, 2020 Price forecast | 2 weeks: -0.29% | 1 month: -0.58% | 3 months: 0.49%

CDNS stock forecast

Our latest prediction for Cadence Design Systems, Inc.'s stock price was made on the Feb. 26, 2020 when the stock price was at 68.88$.

In the short term (2weeks), CDNS's stock price should underperform the market by -0.29%. During that period the price should oscillate between -5.63% and +7.06%.

In the medium term (3months), CDNS's stock price should outperform the market by 0.49%. During that period the price should oscillate between -14.62% and +14.13%.

About Cadence Design Systems, Inc.

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

At the moment the company generates 2336M USD in revenues.

On its last earning announcement, the company reported a profit of 3.53$ per share.

The book value per share is 4.20$

Cadence Design Systems, Inc. website

Three months stock forecastFeb. 26, 2020


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
2336M 88.60% 500M 21.40% 989M 3.53 - - 281M 4.20 730M -75M 655M