Cadence's growth accelerated in Q3, and management guided for even more growth in Q4. The software company is winning big thanks to the AI revolution. It is using generative AI to help improve its ...
In August 2025, Cadence and NVIDIA announced a breakthrough in pre-silicon power analysis, enabling hardware-accelerated evaluation of billion-gate artificial intelligence chip designs using the ...
We maintain our $161 fair value estimate for narrow-moat Cadence Design Systems CDNS after the firm delivered strong second-quarter results that were in line with guidance for revenue and ahead for ...
I rate Cadence a BUY due to its solid business model, strong growth prospects, and robust free cash flow supporting share buybacks. Recent 3Q24 results and 4Q24 guidance indicate a resurgence in ...