Cadence Design Systems

Open: 298.24 Close: 292.8 Change: -5.44

Don't invest in Cadence Design Systems Company Inc before reading this automated analysis produce by an AI.

Are looking for the most relevant information about Cadence Design Systems? Investor spend a lot of time searching for information to make investment decisions in Cadence Design Systems. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Cadence Design Systems are: Cadence, Systems, Design, earnings, share, Inc, report, and the most common words in the summary are: cadence, design, system, cdns, stock, earnings, market, . One of the sentences in the summary was: The next earnings release is scheduled for February …

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Stock Summary

Cadence Design Systems provides software, hardware, services, and reusable integrated circuit design blocks. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions. The firm serves 5.

Today's Summary

Cadence Design Systems Inc. stock underperforms t Tuesday when compared to competitors - marketwatch.com.com. Cadence possesses the right combination of the two key ingredients for a likely earnings beat. The next earnings release is scheduled for February 12, 2024.

Today's News

Cadence Design Systems Inc. stock underperforms t Tuesday when compared to competitors - marketwatch.com. The S&P 500 is lower by -0.22%. Cadence Design Systems Inc (CDNS) stock is trading at $296.39 as of 11:19 AM on Friday, Feb 2, a rise of $5.87, or 2.02% from the previous closing price of $290.52. Cadence possesses the right combination of the two key ingredients for a likely earnings beat. Cadence Design Systems has announced the worlds first complete AI design analysis solution for electronic systems, 3D analysis and thermal analysis. Cadence Millennium Enterprise Multiphysics Platform is the worlds first AI enabled supercomputer. Cadence Significantly Advances ECAD/MCAD Convergence for Electronic Systems with New Celsius Studio AI Thermal Platform. Celsius Studio achieves up to 10X faster performance than prior solutions. Cadence Design Systems, Inc. reported earnings of $1.26 per share in the last quarter, surpassing the Zacks Consensus Estimate of $ 1.21 per share. The companys next earnings release is scheduled for February 12, 2024. KeyBancs Jason Celino raised their price target on Cadence Design Systems by 12.1% from $290 to $325 on February 5th, 2024. The upcoming earnings report date is crucial information for investors. Cadence Design Systems reported earnings of $1.26 per share, surpassing the Zacks Consensus Estimate of $ 1.21 per share. The impressive earnings performance reflects the companys ability to outperform market expectations. Investors eagerly anticipate the earnings date for Cadence. The most recent earnings per share reported by Cadence Design Systems was $1.26, surpassing the Zacks Consensus Estimate of $1.21 per share. MarketBeat offers access to insider transaction data. Cadence Design Systems, Inc. (NASDAQ:CDNS) Holdings Lowered by Private Advisor Group LLC - defense world.com. Norges Bank bought a new stake in shares of Cadence. DoorDashs (DASH) “Buy” Rating Reaffirmed at Needham & Company LLC Oppenheimer Asset Management Inc. Oppenheim Asset Management. Cadence Design Systems Inc. (CDNS) NASDAQ: CDNS · IEX Real-Time Price · USD Add to Watchlist 292.80 -3.85 (-1.30%) At close: Feb 6, 2024, 4:00 PM 294.24 +1.44 (0.49%) Pre-market: Feb 7, 24:00 AM EST.

Stock Profile

"Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California."

Keywords

How much time have you spent trying to decide whether investing in Cadence Design Systems? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Cadence Design Systems are: Cadence, Systems, Design, earnings, share, Inc, report, and the most common words in the summary are: cadence, design, system, cdns, stock, earnings, market, . One of the sentences in the summary was: The next earnings release is scheduled for February 12, 2024.. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #cadence #design #system #cdns #stock #earnings #market.