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Cadence Design Systems Inc. ($CDNS) Stock Forecast: Up 9.8% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Cadence Design Systems Inc.?

Cadence Design Systems (NASDAQ: CDNS) is a leading software and technology company specializing in electronic design automation solutions for integrated circuits and electronic systems.

Why is Cadence Design Systems Inc. going up?

CDNS stock is up 9.8% on Jul 29, 2025 16:41

  • CDNS stock had a strong bullish movement today.
  • The company reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS and revenue guidance.
  • Strong AI momentum and design demand are expected to have positively impacted the company's second-quarter results.
  • Analysts have boosted their forecasts on Cadence Design Systems following the upbeat Q2 earnings report.

CDNS Price Chart

CDNS Technical Analysis

CDNS News

These Analysts Boost Their Forecasts On Cadence Design Systems Following Upbeat Q2 Earnings - Cadence Design Systems ( NASDAQ:CDNS )

Cadence Design Systems Inc CDNS reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS and revenue guidance on Monday. Cadence Design Systems reported second-quarter revenue of $1.28 billion, beating analyst estimates of $1.26 billion.

https://www.benzinga.com/analyst-stock-ratings/price-target/25/07/46693864/these-analysts-boost-their-forecasts-on-cadence-design-systems-following-upbea

0 News Article Image These Analysts Boost Their Forecasts On Cadence Design Systems Following Upbeat Q2 Earnings - Cadence Design Systems  ( NASDAQ:CDNS )

Cadence Beats Q2 Estimates, Lifts FY25 Outlook On AI, Overall Strength - Cadence Design Systems ( NASDAQ:CDNS )

Cadence Design Systems reports second-quarter revenue of $1.28 billion, beating analyst estimates of $1.26 billion. The company reports second-quarter adjusted earnings of $1.65 per share, beating estimates of $1.58 per share. The market's back, and these 3 income stocks are thriving.

https://www.benzinga.com/markets/earnings/25/07/46674619/cadence-design-systems-beats-q2-earnings-estimates-raises-fy25-outlook-citing-broad-based-streng

1 News Article Image Cadence Beats Q2 Estimates, Lifts FY25 Outlook On AI, Overall Strength - Cadence Design Systems  ( NASDAQ:CDNS )

Cadence Set to Report Q2 Earnings: What's in the Offing?

Strong AI momentum and design demand may lift CDNS' second-quarter results, with EPS and revenues both set to rise year over year.

https://www.zacks.com/stock/news/2616809/cadence-set-to-report-q2-earnings-whats-in-the-offing

2 Missing News Article Image Cadence Set to Report Q2 Earnings: What's in the Offing?

Cadence Design Systems Inc. Price History

19.01.2025 - CDNS Stock was down 10.4%

  • Despite surpassing expectations for Q4 earnings, with revenues and non-GAAP EPS exceeding forecasts, the stock dropped due to disappointing Q1 revenue guidance.
  • Customer demand was strong in the fourth quarter, benefiting the company amidst volatile global macroeconomic conditions. However, the bearish market movement was triggered by the soft guidance for the upcoming quarter.
  • Analysts foresee long-term potential for Cadence Design Systems, as the company is well-positioned to capitalize on AI technologies, despite the short-term market response to the guidance.

29.06.2025 - CDNS Stock was up 10.1%

  • Strong Q2 earnings recently reported by Cadence Design Systems surpassed revenue and EPS estimates, resulting in a bullish market response.
  • The company's emphasis on AI technology and high demand for design solutions played significant roles in driving these positive outcomes.
  • Over the past 20 years, Cadence Design Systems has demonstrated remarkable performance, consistently outperforming the market by 7.63% annually, showcasing steady growth and market value.

29.06.2025 - CDNS Stock was up 9.8%

  • CDNS stock had a strong bullish movement today.
  • The company reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS and revenue guidance.
  • Strong AI momentum and design demand are expected to have positively impacted the company's second-quarter results.
  • Analysts have boosted their forecasts on Cadence Design Systems following the upbeat Q2 earnings report.

23.03.2025 - CDNS Stock was up 6.6%

  • The unveiling of the world's first DDR5 12.8 Gbps MRDIMM Gen2 memory IP system solution on TSMC's cutting-edge N3 process by Cadence likely contributed to the bullish movement.
  • The acquisition of Arm's Artisan IP business by Cadence to enhance its IP portfolio with advanced technologies could have also boosted investor confidence in the company's growth prospects.
  • Recommendations by analysts to buy the stock for its AI potential, along with the anticipation of strong earnings results and guidance, further fueled the positive market sentiment surrounding Cadence today.

21.01.2025 - CDNS Stock was down 5.1%

  • Despite reporting better-than-expected Q4 earnings and revenues, Cadence Design Systems' stock experienced a bearish movement.
  • The company's strong performance in Q4 and positive outlook for 2025 revenue were overshadowed by soft guidance for the upcoming quarters.
  • Investors may have reacted negatively to the lower-than-expected Q1 revenue guidance, despite the company being well-positioned to benefit from trends like artificial intelligence.
  • The stock's drop could be attributed to profit-taking by investors who were expecting even stronger guidance for the future, leading to a short-term bearish sentiment in the market.

08.03.2025 - CDNS Stock was up 5.0%

  • The bullish movement in CDNS stock today can be attributed to the following factors:
  • Despite the overall market slip, CDNS managed to close with a 0.4% increase, showcasing its resilience and strength.
  • Positive investor sentiment towards the company's innovative EDA solutions and strong financial performance.
  • Potential market anticipation of upcoming product releases or strategic partnerships driving the stock price higher.
  • CDNS's ability to outperform the market on a day when many other stocks were in the red, highlighting its relative strength and attractiveness to investors.

03.06.2025 - CDNS Stock was up 5.7%

  • CDNS outpaced the stock market with a 2.07% increase, indicating strong investor interest in the company.
  • The positive movement could be attributed to potential new product releases, partnerships, or positive earnings expectations.
  • Investors may be optimistic about CDNS's future growth prospects and technological advancements, driving up the stock price.

12.02.2025 - CDNS Stock was up 5.8%

  • The reasons for the bullish movement in CDNS stock are as follows:
  • CDNS closed higher despite the overall market falling, indicating its resilience and strength in challenging market conditions.
  • The slight increase in CDNS stock price reflects investor confidence in the company's offerings.
  • The positive movement may also be attributed to recent company developments or news that have positively impacted investor sentiment towards CDNS.

29.04.2025 - CDNS Stock was down 9.4%

  • The decline in CDNS stock could be linked to prevailing market concerns, possibly influenced by recent decisions made by the Trump administration.
  • Investors appear to be responding to uncertainties affecting the technology sector, resulting in selling pressure on CDNS shares.
  • Additionally, profit-taking activities spurred by Memorial Day discount offers on trading dashboards may have further contributed to the bearish trend in CDNS stock today.

03.03.2025 - CDNS Stock was down 5.3%

  • Despite a bullish sentiment from deep-pocketed investors, CDNS stock slid by -0.93% in the latest trading session.
  • The discrepancy between investor sentiment and market performance could be attributed to profit-taking by retail investors or concerns over the company's future growth prospects.
  • It seems that the overall market rise did not positively impact CDNS, indicating that specific company-related factors might have influenced the bearish movement.
  • Traders should closely monitor any upcoming announcements or developments from Cadence Design Systems to better understand the stock's performance in the near future.

29.03.2025 - CDNS Stock was up 5.1%

  • CDNS reported robust Q1 earnings, meeting revenue expectations and surpassing earnings per share estimates. This financial success likely influenced the upward movement of the stock price.
  • The company's revised guidance reflects confidence in future growth opportunities, potentially boosting investor optimism and buying activity.
  • Heightened customer demand in the face of global economic volatility suggests a strong market for Cadence's offerings, positioning the company for ongoing market success.
  • The combination of strong financial performance, positive guidance, and growing customer demand likely drove the increase in CDNS stock value today.

10.03.2025 - CDNS Stock was up 6.7%

  • A significant purchase of CDNS stock by Representative Robert Bresnahan potentially boosted investor confidence.
  • CDNS demonstrated strength by increasing in value despite a market decline.
  • Positive sentiment and outperformance on a tough trading day contributed to the bullish movement in CDNS.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.