Is Cadence (CDNS) a Buy as Wall Street Analysts Look Optimistic? [Yahoo! Finance]
Cadence Design Systems, Inc. (CDNS)
Last cadence design systems, inc. earnings: 4/20 04:05 pm
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US:NASDAQ Investor Relations:
cadence.com/company/investor_relations/index.aspx?lid=investor_relations
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Source: Yahoo! Finance
Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Cadence Design Systems (CDNS). Cadence currently has an average brokerage recommendation (ABR) of 1.54, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 13 brokerage firms. An ABR of 1.54 approximates between Strong Buy and Buy. Of the 13 recommendations that derive the current ABR, nine are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 69.2% and 7.7% of all recommendations. Check price target & stock forecast for Cadence here While the ABR calls for buying Cadence, it may not be wise to make an investment decision solely based on this information. Several stu
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News
- Cadence Named by Fortune and Great Place to Work as One of 2024's 100 Best Companies to Work For, Ranking No. 9 [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems Q1 Results: A Surprising Miss And A Puzzling Forecast [Seeking Alpha]Seeking Alpha
- Cadence Design Systems: Patiently Waiting For A Better Price [Seeking Alpha]Seeking Alpha
- Cadence Design Systems, Inc.'s (NASDAQ:CDNS) CEO Will Probably Have Their Compensation Approved By Shareholders [Yahoo! Finance]Yahoo! Finance
- Understanding Cadence (CDNS) Reliance on International Revenue [Yahoo! Finance]Yahoo! Finance
CDNS
Earnings
- 4/22/24 - Beat
CDNS
Sec Filings
- 5/1/24 - Form 144
- 5/1/24 - Form 144
- 4/30/24 - Form DEFA14A
- CDNS's page on the SEC website