Needham Maintains Buy on Cadence Design Sys, Raises Price Target to $200
Needham analyst Charles Shi maintains Cadence Design Sys (NASDAQ:CDNS) with a Buy and raises the price target from $193 to $200.
Cadence Design Systems Gains After Q2 Results Exceed Expectations, Raised FY22 Outlook
Cadence Design Systems Inc (NASDAQ:CDNS) reported second-quarter sales growth of 17.8% year-over-year to 857.52 million, beating the consensus of $836.89…
Cadence Announces Acquisition Of OpenEye Scientific For ~$500M In Cash
Cadence Design Systems, Inc. (NASDAQ:CDNS) announced today that it has entered into a definitive agreement to acquire privately held OpenEye Scientific Software, Inc., a leading provider of computational molecular
Earnings Scheduled For July 25, 2022
Companies Reporting Before The Bell
• Lakeland Financial (NASDAQ:LKFN) is estimated to report quarterly earnings at $0.95 per share on revenue of $59.26 million.
Earnings Preview For Cadence Design Systems
Cadence Design Systems (NASDAQ:CDNS) is set to give its latest quarterly earnings report on Monday, 2022-07-25. Here's what investors need to know before the announcement.
Analysts estimate that Cadence Design Systems will report an earnings per share (EPS) of $0.96.
Looking Into Cadence Design Sys’s Recent Short Interest
Cadence Design Sys's (NASDAQ:CDNS) short percent of float has risen 14.53% since its last report. The company recently reported that it has 3.66 million shares sold short, which is 1.34% of all regular shares that are available for trading.
Here’s How Much $1000 Invested In Cadence Design Sys 5 Years Ago Would Be Worth Today
Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 25.89% on an annualized basis producing an average annual return of 35.29%. Currently, Cadence Design Sys has a market capitalization of $43.39 billion.