Bullish Case: Cadence Design Systems has shown consistent YoY financial growth, opportunities in AI and system design sectors, and portfolio diversification [seekingalpha.com, Yahoo, Helium].


Show historical bullish cases

Bearish Case: Concerns include overvaluation [Helium, Helium, Helium], insider selling [Helium, Helium], and geopolitical risks potentially impacting the industry [Helium, Helium, Helium].


Show historical bearish cases

Takeaway: CDNS has promising growth drivers but also significant risks - prudent investor analysis is essential given these conflicting factors [Helium, Helium].


Show historical takeaways

Potential Outcomes:

1. (40%) Continued revenue growth based on ongoing demand for CDNS' system design tools [seekingalpha.com].

2. (25%) Dwindle in revenue due to insider selling activities or geopolitical conflict [Helium, Helium].

3. (20%) Moderate increase in growth due to steady uptake of hardware-accelerated verification.

4. (15%) Market volatility, impacting CDNS performance negatively [Helium, Helium]. Predictions based on historical data and current market trends.


November 24, 2023


Cadence Design Systems Forecast

[CDNS]  Cadence Design Systems
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)



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CDNS Balanced News:


















Correlated Stock Forecasts

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SNPS Forecast + Options Trading Strategies   [SNPS]  Synopsys (0.98)


NOW Forecast + Options Trading Strategies   [NOW]  ServiceNow (0.94)


SPOT Forecast + Options Trading Strategies   [SPOT]  Spotify Technology (0.93)


PLTR Forecast + Options Trading Strategies   [PLTR]  Palantir (0.93)


MSFT Forecast + Options Trading Strategies   [MSFT]  Microsoft (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to CDNS



PAGS Forecast + Options Trading Strategies   [PAGS]  PagSeguro Digital (0.0)


LMND Forecast + Options Trading Strategies   [LMND]  Lemonade (0.01)


ALGT Forecast + Options Trading Strategies   [ALGT]  Allegiant Travel (-0.01)


LYFT Forecast + Options Trading Strategies   [LYFT]  Lyft (0.01)


RBLX Forecast + Options Trading Strategies   [RBLX]  Roblox Corporation - (0.02)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CDNS



NVCR Forecast + Options Trading Strategies   [NVCR]  NovoCure (-0.88)


DISH Forecast + Options Trading Strategies   [DISH]  Dish Network (-0.88)


ATNM Forecast + Options Trading Strategies   [ATNM]  Actinium Pharmaceuticals (-0.9)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)


QID Forecast + Options Trading Strategies   [QID]  ProShares UltraShort QQQ (-0.94)


CDNS News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.