What is the target price for Cadence stock? (2024)

What is the target price for Cadence stock?

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

Is Cadence a good stock to buy?

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

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 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%)

What is the stock price forecast for Cadence Bank?

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Cadence Bank stock have an average target of 30, with a low estimate of 26 and a high estimate of 34. The average target predicts an increase of 12.74% from the current stock price of 26.61.

Is Cadence stock overpriced?

The intrinsic value of one CDNS stock under the Base Case scenario is 150.46 USD. Compared to the current market price of 280.25 USD, Cadence Design Systems Inc is Overvalued by 46%.

Who are Cadence's top competitors?

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

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.

How secure is Cadence Bank?

Cadence Bank takes the security of your debit and credit card transactions seriously. We're dedicated to safeguarding your cards from unauthorized access, 24/7. Learn how we protect your card transactions and ways you can protect yourself from card fraud.

What is the stock price forecast for Cadence in 2024?

quote is equal to 282.380 USD at 2024-04-27. Based on our forecasts, a long-term increase is expected, the "CDNS" stock price prognosis for 2029-04-18 is 513.565 USD. With a 5-year investment, the revenue is expected to be around +81.87%. Your current $100 investment may be up to $181.87 in 2029.

What is the revenue of Cadence stock?

Cadence Design Systems had revenue of $4.08B in the twelve months ending March 31, 2024, with 10.75% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $1.01B, a -1.23% decrease year-over-year. In the year 2023, Cadence Design Systems had annual revenue of $4.09B with 14.83% growth.

What is the price target for Pypl in 2030?

Is Cadence Bank a strong Bank?

It was established in 1876 and as of December of 2023, it had grown to 5,333 employees at 378 locations. Cadence Bank (MS) has a B+ health rating.

What is the stock 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.

What is Cadence Bank new name?

BancorpSouth and Cadence completed their merger in October 2021 to become the new Cadence Bank.

Who is Cadence owned by?

VANGUARD INDEX FUNDS owns the most shares of Cadence Design Systems (CDNS).

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.

How many customers does Cadence have?

How many employees does Cadence have?

Cadence Design Systems Employees

Cadence Design Systems had 11,200 employees on December 31, 2023. The number of employees increased by 1,000 or 9.80% compared to the previous year.

What is the rank of Cadence company?

How many employees does Cadence Aerospace have?

How many employees does Cadence Aerospace have? Cadence Aerospace has 1,001 to 5,000 employees.

Is Cadence Bank FDIC insured?

Both types of accounts are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC).

Where is the headquarters for Cadence Bank?

Cadence provides corporations, businesses and consumers with a full range of innovative banking and financial solutions. Cadence Bancorporation (NYSE: CADE), the holding company of Cadence Bank, N.A., is headquartered in Houston, Texas.

Why did Cadence Bank buy BancorpSouth?

Dan Rollins commented: "Cadence has built an impressive commercial banking franchise that when combined with the strengths of our team at BancorpSouth seems to be a perfect fit. This strategic merger will allow us to expand our reach and offerings with minimal overlap in our existing branch network.