Should I buy Cadence stock? (2024)

Should I buy Cadence stock?

Cadence Design Systems's analyst rating consensus is a Moderate Buy.

Is Cadence a good stock to buy?

Is Cadence Design Systems stock a Buy, Sell or Hold? Cadence Design Systems stock has received a consensus rating of buy. The average rating score is and is based on 41 buy ratings, 7 hold ratings, and 0 sell ratings.

What is the stock prediction for Cadence in 2030?

Cadence Design Systems stock prediction for 1 year from now: $ 319.15 (13.88%) Cadence Design Systems stock forecast for 2025: $ 376.65 (34.40%) Cadence Design Systems stock prediction for 2030: $ 1,651.62 (489.34%)

Is CDNS overvalued?

Compared to the current market price of 277.75 USD, Cadence Design Systems Inc is Overvalued by 47%.

Is Cadence a good company?

Cadence is honored to be recognized as a Great Place to Work around the world, including on FORTUNE Magazine's list of the 100 Best Companies to Work For.

What is the stock price forecast for Cadence in 2025?

On average, Wall Street analysts predict that Cadence Design Systems's share price could reach $328.75 by Apr 23, 2025. The average Cadence Design Systems stock price prediction forecasts a potential upside of 18.65% from the current CDNS share price of $277.08.

Who are Cadence's top competitors?

Cadence's competitors and similar companies include Rambus, Keysight Technologies, Zuken and Ansys.

Is Cadence Bank a buy or sell?

What do analysts say about Cadence Bank? Cadence Bank's analyst rating consensus is a Moderate Buy. This is based on the ratings of 9 Wall Streets Analysts.

What is the target price for Cadence?

The average price target is $326.91 with a high estimate of $350 and a low estimate of $280.

What is the stock price prediction for Cadence in 2024?

Cadence Design Systems, Inc. quote is equal to 280.170 USD at 2024-04-21. Based on our forecasts, a long-term increase is expected, the "CDNS" stock price prognosis for 2029-04-11 is 535.642 USD.

What is the Zacks rating for Cadence?

Cadence currently carries a Zacks Rank #2 (Buy).

Is CDNs a buy zacks?

Cadence Design Systems currently has an average brokerage recommendation (ABR) of 1.54 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)

Does CDNs stock pay dividends?

Cadence Design Systems (CDNS) does not pay a dividend.

Who is Cadence owned by?

The ownership structure of Cadence Design (CDNS) stock is a mix of institutional, retail and individual investors. Approximately 53.73% of the company's stock is owned by Institutional Investors, 4.50% is owned by Insiders and 41.77% is owned by Public Companies and Individual Investors.

Who is the parent company of Cadence?

On May 21, 2018, Kohlberg & Company, a leading private equity firm based in Mount Kisco, New York, acquired Cadence.

Who are Cadence's customers?

What is the price target for CRM in 2025?

According to analysts, CRM price target is 335.88 USD with a max estimate of 380.00 USD and a min estimate of 231.00 USD.

How high will CRM stock go?

Stock Price Forecast

The 31 analysts with 12-month price forecasts for Salesforce stock have an average target of 305.74, with a low estimate of 153 and a high estimate of 365. The average target predicts an increase of 11.47% from the current stock price of 274.29.

What is the target price for CRM stock in 2025?

Is Cadence a big company?

The revenues of the combined company were $390 million, making Cadence "the largest provider of the software used by electronic engineers to design computer chips and circuit boards," according to the New York Times.

What companies use Cadence?

What is the rank of Cadence company?

What Bank is Cadence merging with?

Cadence Bancorporation merged into BancorpSouth Bank, and the surviving company, BancorpSouth, was renamed Cadence Bank, the company said in a news release.

How safe is Cadence Bank?

Cadence Bank uses encryption technology to protect the “communication” between you and your accounts when you use online banking. This extra layer of security protects your personal and account information from intrusion.

Is Cadence Bank financially stable?

Cadence Bank Balance Sheet Health

Cadence Bank has total assets of $48.9B and total equity of $5.2B. Total deposits are $38.5B, and total loans are $32.0B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans.