Cadence Design Systems (CDNS) stock has declined 15.8% in the past three months, underperforming its industry and the broader technology sector. Within the same time frame, the sub-industry and the Zacks Computer and Technology sector have declined 2.5% and 4.3%, respectively. It also lags the S&P 500’s growth of 2.4%.Three-Month Price PerformanceImage Source: Zacks Investment ResearchCDNS shares have been declining as the company’s guidance for the current quarter revenues and earnings per share came in lo ...

Cadence Design Systems (CDNS) closed the latest trading day at $250.85, indicating a -1.29% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.3%. Meanwhile, the Dow lost 0.54%, and the Nasdaq, a tech-heavy index, added 0.25%.Shares of the maker of hardware and software products for validating chip designs have appreciated by 1.53% over the course of the past month, outperforming the Computer and Technology sector's gain of 1.22% and lagging the S&P 500's gain of 3.42%. ...

Cadence Design Systems (CDNS) stock has declined 8.7% in the past six months compared with the industry’s growth of 2.4%. The S&P 500 composite index has returned 11.3% in the same time frame and the Zacks Computer and Technology sector has jumped 13.1%.It has also underperformed its peers in the EDA space. Keysight Technologies (KEYS) shares have appreciated 1.5% in the last six months, while Synopsys (SNPS) and ANSYS (ANSS) shares have dropped 6% and 3.6%, respectively.Image Source: Zacks Investment Resea ...

It has been about a month since the last earnings report for Cadence Design Systems (CDNS) . Shares have lost about 0.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Cadence due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Cadence Q2 Earnings Top EstimatesCade ...

A solid earnings beat wasn't enough to quell fears that the AI trade may have run too far too fast.Shares of semiconductor design software maker Cadence Design Systems (CDNS -1.12%) fell 13% in July, according to data from S&P Global Market Intelligence .Cadence sells software and tools that help companies design semiconductors. So in the age of AI and with big cloud companies now investing in their own chip designs, Cadence's revenue has accelerated in recent years.Even though Cadence delivered solid secon ...

Cadence Design Systems (CDNS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this maker of hardware and software products for validating chip designs have returned -15.9%, compared to the Zacks S&P 500 composite's -0.2% change. During this period, the Zacks Computer - Software industry, which Cadence falls in, has lost 5.9%. The key ...

文章核心观点 - 公司在国际市场的表现对其财务稳健性和增长潜力至关重要 [1][2][3] - 公司在国际市场的收入占比可以反映其收益稳定性、利用经济周期的能力以及整体增长潜力 [2][3] - 公司在国际市场的多元化经营也带来了一些复杂性,如汇率波动、地缘政治风险和不同市场动态 [3] 公司国际业务收入分析 - 日本市场收入为6.0%,同比增长10.22% [6] - 亚洲地区收入占30.7%,同比下降9.86% [7] - 欧洲、中东和非洲地区收入占14.4%,同比下降11.16% [8] 未来国际市场收入预测 - 预计未来一个季度日本、亚洲和欧洲、中东及非洲地区收入占比分别为5.5%、34.9%和16.6% [9] - 预计全年日本、亚洲和欧洲、中东及非洲地区收入占比分别为5.3%、33.5%和16.3% [10] 总结 - 公司依赖国际市场收入存在机遇与挑战,需密切关注其国际收入动态 [11][12] - 公司国际收入表现是影响其股价走势的重要因素之一 [13][14][15] - 公司股价近期表现弱于大盘和行业 [16]

文章核心观点 - 公司第二季度业绩优于预期,收入和非GAAP每股收益均有所增长[1] - 但公司第三季度指引低于预期,全年EPS指引也因BETA CAE收购的摊薄影响而下调[2][11] 公司业务情况 - 公司解决方案需求强劲,订单和订单积压情况良好,是公司增长的关键驱动因素[3] - 公司最新硬件产品(Palladium Z3和Protium X3)受到AI、超大规模和汽车公司的广泛需求[5][6] - 公司持续专注于AI解决方案,受益于超大规模计算、5G和自动驾驶等趋势带来的设计需求[7][8] 业绩指引和估值 - 第三季度收入和每股收益指引低于预期,主要受到收入曲线形状和新硬件系统发布的影响[9][10] - 全年EPS指引下调,主要因BETA CAE收购的摊薄影响[11] - 公司估值相对较高,但与同行相比仍有一定溢价[17] 风险因素 - 宏观经济不确定性和半导体行业的高度关联性是公司面临的主要风险[13] - 运营成本上升和EDA行业竞争激烈也是公司面临的挑战[13] - 公司毛利率和营业利润率同比有所下降[14]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?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 ...

Cadence Design Systems TodayCDNSCadence Design Systems$282.99 -4.09 (-1.42%) 52-Week Range$217.77▼$328.99P/E Ratio73.70Price Target$334.56Add to WatchlistCadence Design Systems NASDAQ: CDNS is a software company that makes programs essential to semiconductor design. The firm announced Q2 2024 earnings on July 22, 2024. Let’s break down Cadence's operations and products to get a better understanding of the business. We’ll then review the earnings report. We’ll finish off with what to look out for next about ...