A variety of news related to Cadence Design Systems, Inc. (CDNS) has been reported. The National Pension Service reduced its stock holdings, and Robeco Schweiz AG and Impax Asset Management Group also sold shares. However, certain firms including Dynasty Wealth Management and Proficio Capital Partners increased their stakes. Despite a soft 2025 guidance, some believe Cadence is a strong compounder but lacks desired growth. The company's Q4 results were influenced by AI-driven chip design demand. Notably, Cadence has surpassed estimates and achieved record backlogs and revenue growth. Concerns about AI infrastructure influenced Jim Cramer's opinions on the company, while Roth MKM expressed caution about the stock. The company's stock has had mixed experiences, with reported increases in share value contrasted by drops due to disappointing earnings. Cadence remains heavily dominated by institutional owners. News of an acquisition of Secure-IC, a leader in embedded security IP, and issuing Q1 2025 earnings guidance are the latest developments.
Cadence Design Systems CDNS News Analytics from Wed, 14 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:38:48 GMT -
Rating 4
- Innovation 7
- Information 8
- Rumor 5
