Cadence Reports Third Quarter 2021 Financial Results

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Go back to Cadence Reports Third Quarter 2021 Financial Results

Cadence Designs (CDNS) PT Raised to $185 at Needham & Company

October 26, 2021 7:09 AM EDT

Needham & 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 EDT

Cadence 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