On 4/9/25, Cadence Design Systems Inc (NASDAQ: CDNS) stock enjoyed a major increase of 14.3%, closing at $264.65. Moreover, this advance was accompanied by unusually high trading volume at 175% of normal. The stock has performed in line with the market over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
Cadence Design Systems has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cadence Design Systems has a poor Appreciation Score of 26 but a neutral Power Rating of 59, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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