Wall Street Analysts Think Cadence (CDNS) Is a Good Investment: Is It? [Yahoo! Finance]
Cadence Design Systems, Inc. (CDNS)
Last cadence design systems, inc. earnings: 4/20 04:05 pm
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US:NASDAQ Investor Relations:
cadence.com/company/investor_relations/index.aspx?lid=investor_relations
Company Research
Source: Yahoo! Finance
Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Cadence Design Systems (CDNS). Cadence currently has an average brokerage recommendation (ABR) of 1.64, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 14 brokerage firms. An ABR of 1.64 approximates between Strong Buy and Buy. Of the 14 recommendations that derive the current ABR, 10 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 71.4% and 7.1% of all recommendations. Brokerage Recommendation Trends for CDNS Check price target & stock forecast for Cadence here The ABR suggests buying Cadence, but making an investment decision solely on the basis of this
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CDNS
News
- Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Cadence Announces Third Quarter 2024 Financial Results WebcastBusiness Wire
- Cadence Design Systems (CDNS) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems: Premium Play Still Awarded Premium Valuation [Seeking Alpha]Seeking Alpha
- With 88% ownership, Cadence Design Systems, Inc. (NASDAQ:CDNS) boasts of strong institutional backing [Yahoo! Finance]Yahoo! Finance
CDNS
Earnings
- 7/22/24 - Beat
CDNS
Sec Filings
- 10/3/24 - Form 4
- 10/1/24 - Form 144
- 9/19/24 - Form 4
- CDNS's page on the SEC website