Cadence Design Systems (CDNS) Tops Q2 EPS by 3c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/12/2026
- S&P 500 rises as CoreWeave results fuel AI optimism
- Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand
- CoreWeave soars after fifth straight quarter of record revenue, raised guide
- Four key things investors will watch in Nvidia's earnings next week
- Silver could surge to $90 as investment demand takes over, Citi says
- Lumentum Holdings (LITE) Tops Q4 EPS by 28c, Beats on Revenue; Offers Q1 Guidance
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Aurora Cannabis rejects Curaleaf's unsolicited $4-per-share takeover bid
- AbCellera Biologics (ABCL) PT Raised to $30 at Truist on 'best-in-class potential'
- Comscore plans restructuring with $20M-$25M in cost cuts
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
- After-Hours Movers: SPCX, AMD, ANET, PINS, APPS, UPST, ZETA, BKNG, LCID, CPNG, MTCH
Summit Research Raises Price Target on Cadence Design Systems (CDNS) Following 2Q EPS Beat
July 28, 2015 8:33 AM EDTSummit Research reiterated a Buy rating on Cadence Designs (NASDAQ: CDNS), and raised the price target to $30.00 (From $23.00), following 2Q15 results. CDNS reported EPS of $0.27, beating consensus by +$0.03. Revenue of $415.9M missed consensus by $0.48M.
Analyst Srini Sundararajan commented,... More
Cadence Designs (CDNS) PT Raised to $22 at Piper Jaffray
July 28, 2015 8:24 AM EDTPiper Jaffray analyst Ruben Roy reiterated an Overweight rating and bumped his price target on Cadence Designs (NASDAQ: CDNS) to $22.00 (from $21.00) following solid Q2 results and a new buyback plan.
Roy commented, "CDNS continues to perform with relative stability within an increasingly volatile... More
Cadence Design Systems (CDNS) Announces $1.2B Stock Repurchase Plan
July 27, 2015 4:35 PM EDTIn addition to better-than-expected earnings after the close, Cadence Design Systems (NASDAQ: CDNS) announced a new $1.2 billion stock repurchase program.
Cadence's new $1.2 billion stock repurchase program replaces its existing $450 million program. Cadence expects to repurchase $1.2 billion of its common stock over the next six quarters through the end of fiscal 2016.
... More