Cadence Reports Third Quarter 2021 Financial Results
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Cadence Designs (CDNS) PT Raised to $185 at Needham & Company
October 26, 2021 7:09 AM EDTNeedham & Company analyst Charles Shi raised the price target on Cadence Designs (NASDAQ: CDNS) to $185.00 (from $183.00) while maintaining a Buy rating.
The analyst commented, "Cadence reported strong 3Q21 results that beat sell-side estimates on all metrics and raised fits ull-year 2021 outlook. The stock... More
Cadence Design Systems (CDNS) Tops Q3 EPS by 5c
October 25, 2021 4:08 PM EDTCadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.80, $0.05 better than the analyst estimate of $0.75. Revenue for the quarter came in at $751 million versus the consensus estimate of $744.26 million.
GUIDANCE:
Cadence Design Systems sees Q4 2021 EPS of $0.76-$0.80, versus the... More
