Cadence Design Systems

Open: 252.98 Close: 250.44 Change: -2.54

Try an AI to get informed about investing in Cadence Design Systems Company Inc.

This document will help you to evaluate Cadence Design Systems without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. 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, stock, Design, Systems, last, …

Concept Map

Semantic Network

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 beats ServiceNow on 8 of the 14 factors factors factors into the two stocks. The consensus analyst rating on CDNS is a Strong Buy.

Today's News

Cadence Design Systems Inc (CDNS) stock is trading at $250.71 as of 2:13 PM on Thursday, a decline of -$2.27, or -0.9% from the previous closing price of $252.98. The investment community will be closely monitoring the performance of Cadence. in its forthcoming earnings report. Cadence Design Systems beats ServiceNow on 8 of the 14 factors factors into the two stocks. The company is trading at a lower price-to-earnings ratio than ServiceNow. Cadence Design Systems stock last closed at $252.20 , down 0.31% from the previous day, and has increased 70.44% in one year. The consensus analyst rating on CDNS is a Strong Buy. Cadence Design Systems shares dropped $250.22 -1.98 ( -0.79% ) on 10/13/23 NASDAQ | $USD | Realtime Summary Ratings Financials Earnings Earnings Valuation Growth Profitability. Cadence Design Systems, Inc. outperforming Technology sector by 20.06% year-to-date. CDNS outperforming XLK [Technology SPDR] by 2.19% This week, CDNS is outperforming the Technology sector. The average Cadence Design Systems stock forecast represents a 1.43% increase from the last price of $252.199996948242. The average stock forecast for 2023 represents a -2.12% decrease from the. last price. Investors should consider fundamentally sound software stocks. Average Cadence Design Systems stock forecast from last 6 month is $255.81. The average Cadence design systems stock forecast 2033 represents a -52.15% decrease from the last price.

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

The game is changing. There is a new strategy to evaluate Cadence Design Systems fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. 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, stock, Design, Systems, last, CDNS, price, and the most common words in the summary are: design, cadence, system, stock, cdns, market, price, . One of the sentences in the summary was: The consensus analyst rating on CDNS is a Strong Buy.. 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. #design #cadence #system #stock #cdns #market #price.