Cadence Design Systems (CDNS) provided FY24 earnings guidance, projecting EPS of $5.87-5.93 and revenue of $4.61-4.65 billion.
Cadence Design Systems (CDNS) announced its FY24 earnings guidance, projecting an EPS of $5.87-5.93 and revenue of $4.61-4.65 billion. Analysts estimate an EPS of $5.89 and revenue of $4.63 billion, with a "Moderate Buy" consensus rating and a target price of $323.42. CDNS shares are trading at $252.77, with a market cap of $68.86 billion. Recent insider sales include VP Chin-Chi Teng and Director Vincentelli Albert Sangiovanni.
October 28, 2024
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