What does CDNs stand for?

Find the latest Cadence Design Systems, Inc. (CDNS) stock quote, history, news and other vital information to help you with your stock trading and investing.

How much is Cadence Design Systems (CDNs) worth?

Key Insights Cadence Design Systems' estimated fair value is US$194 based on 2 Stage Free Cash Flow to Equity Current... Find the latest Cadence Design Systems, Inc. (CDNS) stock quote, history, news and other vital information to help you with your stock trading and investing.

Is CDNs stock a good buy?

According to 9 analysts, the average rating for CDNS stock is "Strong Buy." The 12-month stock price forecast is $259.0, which is an increase of 1.01% from the latest price. The stock market indices have been declining since August, along with most stocks. The sell-off has been accelerating in the latter part of October.

What is the CDN market size?

CDNetworks serves clients of different verticals from IoT, gaming, media and entertainment, e-commerce, financial services, manufacturing, transportation, retail and many more. According to the report, Gartner expects that “the enterprise CDN market will grow from 20% to 22% compound annual growth rate through 2025.