Is Cadence Design Systems stock a buy?

Cadence Design Systems stock has received a consensus rating of buy. The average rating score is and is based on 27 buy ratings, 5 hold ratings, and 0 sell ratings. What was the 52-week low for Cadence Design Systems stock? The low in the last 52 weeks of Cadence Design Systems stock was 138.76.

Is CDNs stock a good buy?

According to 11 analysts, the average rating for CDNS stock is "Strong Buy." The 12-month stock price forecast is $238.45, which is a decrease of -2.05% from the latest price. Certified Cadence flows are production-ready, and design IP is readily available for customers looking to create Intel 16 designs now

Who is cadence electronic design automation (EDA)?

Founded in 1988 through the merger of SDA Systems and ECAD, Inc., Cadence has become a major player in the electronic design automation (EDA) industry. The company specializes in providing software, hardware, and silicon structures that facilitate the design of integrated circuits, systems on chips (SoCs), and printed circuit boards.

Did HSBC repurchase cadence common stock?

SAN JOSE, Calif.-- (BUSINESS WIRE)---- $CDNS--Cadence entered into an ASR agreement with HSBC Bank USA, National Association to repurchase an aggregate of $200 million of Cadence common stock. SAN JOSE, Calif.-- (BUSINESS WIRE)--Cadence's John Wall to Present at Nasdaq Investor Conference.