TheScreener - Cadence Design Systems Inc. (CDNS) CADENCE DESIGN SYST sees a downgrade to Slightly Negative on account of less fundamental stars

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CADENCE DESIGN SYST sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of CADENCE DESIGN SYST (US), active in the Software industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 7, 2022, the closing price was USD 166.02 and its target price was estimated at USD 152.60.

08/01/2022 1 EN

Underlying

Cadence Design Systems Inc.

Cadence Design Systems provides solutions that enable its customers to design electronic products. The company's products offerings include software, hardware, services and reusable integrated circuit (IC) design blocks, which are referred to as intellectual property (IP). The company provides maintenance for its software, hardware, and IP product offerings. The company combines its products and technologies into categories related to design activities: Functional Verification (including hardware for emulation and prototyping); Digital IC Design and Signoff; Custom IC Design and Simulation; System Interconnect and Analysis (printed circuit boards and IC package); and IP (includes design IP and verification IP).

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US1273871087 NASDAQ Stock Market United States

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TheScreener

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CADENCE DESIGN SYST sees a downgrade to Slightly Negative on account of less fundamental stars

Empowering Investors

Cadence Design Systems, Inc. - September 2024 (LTM): Peer Snapshot

Vermilion Short Shots: Technically Vulnerable Stocks

Moody's Ratings assigns A3 to Cadence Design Systems' new senior unsecured notes

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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