Cadence Design Systems Inc (CDNS) stock is up 52.75% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives CDNS stock a score of 70 out of a possible 100.
That rank is chiefly influenced by a short-term technical score of 99. CDNS's rank also includes a long-term technical score of 94. The fundamental score for CDNS is 16. In addition to the average rating from Wall Street analysts, CDNS stock has a mean target price of $172.55. This means analysts expect the stock to fall 3.19% over the next 12 months.
CDNS has an Overall Score of 70. Find out what this means to you and get the rest of the rankings on CDNS!
Cadence Design Systems Inc (CDNS) stock is lower by -3.48% while the S&P 500 is lower by -1.05% as of 12:25 PM on Friday, Dec 3. CDNS is lower by -$6.43 from the previous closing price of $184.66 on volume of 529,320 shares. Over the past year the S&P 500 is higher by 23.52% while CDNS is up 52.75%. CDNS earned $2.48 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 71.99.
Click Here to get the full Stock Report for Cadence Design Systems Inc stock.
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