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 ...

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 ...

CEO Anirudh Devgan reported that Cadence Design Systems delivered "excellent results" for Q1 2025, with revenue growth of 23% year-over-year and a 34% increase in non-GAAP EPS. The company exceeded ...

Cadence beat on revenue and adjusted earnings. Yet investors grew increasingly nervous about expensive AI stocks heading into the month. Investors therefore punished Cadence when it didn't meet their ...