Cadence Design Systems, Inc. (CDNS)

230.7 0.91%
Sep 24 close; Powered by Koyfin
Pros
Company’s profitability is improving
Buy analyst rating
Cons
Stock price high relative to the 52-week range
Average analyst stock price below current stock price

Pros

  1. CDNS profitability is improving. The YoY profit margin change was 5.67 percentage points. See CDNS profitability chart.
  2. CDNS average analyst rating is Buy. See CDNS analyst rating chart.

Cons

  1. CDNS stock price ($243.56) is close to the 52-week high ($244.44). Perhaps now is a good time to sell? See CDNS price chart.
  2. CDNS average analyst price target ($197.79) is below its current price ($243.56). See CDNS price target chart.