CADENCE DESIGN SYS INC (1CDNS.MI) Stock Price, Forecast & Analysis
Europe • Euronext Milan • BIT:1CDNS • US1273871087
1CDNS.MI Key Statistics, Chart & Performance
The current stock price of 1CDNS.MI is 273.75 EUR.
1CDNS.MI Technical Analysis
ChartMill assigns a technical rating of 2 / 10 to 1CDNS.MI.
1CDNS.MI Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to 1CDNS.MI. 1CDNS.MI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company.
1CDNS.MI Financial Highlights
Over the last trailing twelve months 1CDNS.MI reported a non-GAAP Earnings per Share(EPS) of 5.9. The EPS increased by 28.52% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 20.35% | ||
| ROA | 11.05% | ||
| ROE | 20.41% | ||
| Debt/Equity | 0.48 |
1CDNS.MI Forecast & Estimates
32 analysts have analysed 1CDNS.MI and the average price target is 333.89 EUR. This implies a price increase of 21.97% is expected in the next year compared to the current price of 273.75.
For the next year, analysts expect an EPS growth of 20.59% and a revenue growth 13.96% for 1CDNS.MI
1CDNS.MI Ownership
About 1CDNS.MI
Company Profile
Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 13,693 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
Company Info
CADENCE DESIGN SYS INC
2655 Seely Avenue Bldg 5
San Jose CALIFORNIA US
Employees: 13693
Phone: 14089431234
CADENCE DESIGN SYS INC / 1CDNS.MI FAQ
What does 1CDNS do?
Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 13,693 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
What is the current price of 1CDNS stock?
The current stock price of 1CDNS.MI is 273.75 EUR. The price decreased by -11.15% in the last trading session.
Does 1CDNS stock pay dividends?
1CDNS.MI does not pay a dividend.
What is the ChartMill rating of CADENCE DESIGN SYS INC stock?
1CDNS.MI has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
What do analysts say about CADENCE DESIGN SYS INC (1CDNS.MI) stock?
32 analysts have analysed 1CDNS.MI and the average price target is 333.89 EUR. This implies a price increase of 21.97% is expected in the next year compared to the current price of 273.75.
What is the market capitalization of 1CDNS stock?
CADENCE DESIGN SYS INC (1CDNS.MI) has a market capitalization of 74.51B EUR. This makes 1CDNS.MI a Large Cap stock.
Can you provide the ownership details for 1CDNS stock?
You can find the ownership structure of CADENCE DESIGN SYS INC (1CDNS.MI) on the Ownership tab.