Cadence Design (CDNS) Stock Research

Over a week ago

Cadence Design price target raised to $400 from $370 at Morgan Stanley

Jul 29, 7:33 AM

What You Missed On Wall Street On Tuesday

+25

Jul 28, 4:22 PM

Midday Fly By: UPS, PayPal, Coca-Cola report Q2 beats

+26

Jul 28, 11:55 AM

Morning Movers: Corning sinks and Boeing gains after quarterly results

+20

Jul 28, 8:59 AM

Cadence Design price target raised by $25 at Oppenheimer, here's why

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Jul 28, 7:38 AM

Cadence Design price target raised by $24 at Piper Sandler, here's why

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Jul 28, 6:44 AM

Cadence Design price target raised by $5 at Baird, here's why

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Jul 28, 6:43 AM

Cadence Design price target raised by $20 at BofA, here's why

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Jul 28, 6:41 AM

Cadence Design price target raised by $20 at Citi, here's why

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Jul 28, 5:44 AM

Closing Bell Movers: Celestica jumps 8% on earnings beat

+14

Jul 27, 7:40 PM

Cadence Design raises FY26 EPS view to $8.05-$8.15 from $7.85-$7.95

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Jul 27, 4:03 PM

Cadence Design reports Q2 adjusted EPS $2.11, consensus $2.06

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Jul 27, 4:02 PM

Cadence Design options imply 7.1% move in share price post-earnings

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Jul 27, 2:04 PM

Cadence Design falls -9.5%

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Jul 17, 12:01 PM

Mizuho says buy Cadence, Synopsys on the dip, argues AI 'not replacing EDA'

Jul 17, 11:48 AM

Cadence Design falls -9.3%

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Jul 17, 10:01 AM

Cadence Design initiated with bullish view at Benchmark, here's why

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Jul 15, 4:43 PM

Cadence Design price target raised by $35 at Rosenblatt, here's why

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Jul 14, 7:34 AM

Cadence Design put volume heavy and directionally bearish

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Jun 22, 10:55 AM

Cadence Design price target raised to $432 from $395 at Stifel

Jun 9, 7:20 AM

Cadence Design partners with Intel foundry to accelerate Intel 14a optimization

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Jun 8, 4:17 PM

Cadence Design announces fully autonomous virtual agentic AI design engineer

Jun 1, 5:58 AM

Cadence Design price target raised by $40 at Berenberg, here's why

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May 27, 4:22 AM

Cadence Design price target raised by $25 at Wells Fargo, here's why

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May 26, 6:36 AM

Aeva adopts Cadence Tensilica Vision DSP

May 11, 9:02 AM

Dominant Market Position and Established Customer Base: Cadence holds one of the top two positions in the Electronic Design Automation (EDA) market, benefiting from a vast installed base and deep, long-standing relationships with leading global semiconductor companies.

High Customer Switching Costs: Once adopted, switching from Cadence's integrated EDA toolchains incurs substantial financial and operational risks for customers, including retraining staff, revalidating design flows, and potential project delays, creating a strong deterrent to change.

Broad and Deep Product Portfolio: The company provides an extensive, interconnected suite of tools that spans the entire chip design spectrum, from system-level design and verification to physical implementation, advanced packaging solutions, and final signoff.

Intense Competition in EDA Market: The Electronic Design Automation (EDA) industry is highly competitive and dominated by a few major players, requiring Cadence to continuously innovate and differentiate its offerings to maintain or grow market share.

Rapid Technological Evolution: The semiconductor industry undergoes continuous rapid technological changes, including new process nodes, AI integration, and advanced packaging, necessitating constant significant R&D investment to keep Cadence's products relevant and competitive.

Economic Downturns Affecting Customer Spending: Demand for Cadence's software and services is closely tied to the capital expenditure and R&D budgets of semiconductor and electronics companies, making it vulnerable to industry downturns or broader economic slowdowns that reduce customer spending.