CDNS Social Latest News

News Summary: Cadence Design Systems ($CDNS) reported better-than-expected 2Q23 earnings per share (EPS) of $1.22, beating estimates by 3.4%. The company also reported revenue of $976.6 million, surpassing estimates by 0.19%. Total cash stood at $873.93 million, while total debt decreased by 13.3% year-to-date to $648.55 million. Cash flow from operations (CFFO) increased by 3% year-over-year to $681.171 million. The operating margin remained flat year-over-year at 42%. The company announced a buyback of $450.119 million, with $627 million remaining authorized. The share count was reported at 271.79 million. Cadence Design Systems provided guidance for 2H23, expecting EPS of $2.54 to $2.60, slightly below estimates. The company also guided for an operating margin of 41%-42% for 2H23. Additionally, Cadence Design Systems raised its full-year 2023 EPS guidance from $4.96-$5.04 to $5.05-$5.11, representing a year-over-year increase of 18.3% to 19.7%. The company also increased its full-year 2023 operating margin guidance from 41%-42% to 41.2%-42.2%.

Last updated 2023-07-24 17:20:01

CDNS Quick Stats

Last updated Jun 04, 2025 - data is delayed in normal Mkt. hours

Stock Price 295.09
Volume (today)/Average 0.97
Earnings Date Jul 21, 2025
No of Times Closed +ve(30 days) 11

CDNS Stock Summary

Last updated Jun 04, 2025

CDNS stock price is 295.09. CDNS 52 Week low is None. CDNS 52 Week high is None. CDNS 200 day moving average is 281.55. It is currently trading above 200 day moving average. CDNS 50 day moving average is 284.41 which is below(bullish) the current price. RSI (relative strength index) of CDNS is 46.82 which is below (bearish) 70. Chaikin money flow (20 day) of CDNS is 0.003 which is above (bullish) 0.

CDNS Indicators

Last updated Jun 04, 2025

RSI(14) 46.82
CMF (20) 0.003
ROC (10) -8.158
ADX (14) 30.133
ATRr (14) 9.479
AROONOSC (14) -7.143
WILLAMS %R (14) -61.938
MFI (14) 37.221

CDNS Price Chart

5th June 2025 02:55

CDNS Options - Sort by Max open Interest (near term)

5th June 2025 (Data is delayed in normal mkt. hours)

Type Expiration Strike OI Change in
OI
Volume Ask PC Delta Vega Volatility % change Track

CDNS Daily Out of Money Options - Sort by Max open Interest (near term)

5th June 2025 (Data is delayed in normal mkt. hours)

Type Expiration Strike OI Change in
OI
Volume Ask PC Delta Vega Volatility % change Track

CDNS Daily In the Money Options - Sort by Max open Interest (near term)

5th June 2025 (Data is delayed in normal mkt. hours)

Type Expiration Strike OI Change in
OI
Volume Ask PC Delta Vega Volatility % change Track

CDNS Most Active Options by Volume(near term)

5th June 2025 (Data is delayed in normal mkt. hours)

Type Expiration Strike Volume OI Change in
OI
Ask PC Delta Vega Volatility % change Track

None is above both 50 Day and 200 Day SMA which is considered Bullish.

CDNS Moving Averages Analysis

None has been above 50 day sma 21 times in last 30 days. Last time it was above 50 day sma was on Jun 04, 2025

None has been above 200 day sma 21 times in last 30 days. Last time it was above 200 day sma was on Jun 04, 2025

CDNS (None) Simple Moving Averages

Moving Averages are last updated Jun 04, 2025

Days MA
10 301.32
20 308.31
30 303.71
50 284.41
100 280.86
200 281.55

CDNS Fundamental Analysis

P/E (Forward)
P/E (Trailing)
Market Cap ($)
Earnings/Share ($)
Net Proft Margin (%)
Dividend/Share ($)
EPS Estimate Current Year ($)
EPS Estimate Next Year ($)
WallStreet Target Price ($)
Most Recent Quarter

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