Cadence Design Systems CDNS
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
Key Insights
Cadence Design Systems (CDNS) Core Market Data and Business Metrics
Latest Closing Price
$264.94Price-Earnings Ratio
68.82Total Outstanding Shares
274.31 Million SharesDividend
No dividendSIC Description
Services-prepackaged SoftwarePrimary Exchange
NASDAQHeadquarters
2655 Seely Avenue Bldg 5, San Jose, CA, 95134
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 2,361,734 Shares | 2.14 | 3/14/2025 | 5,050,125 Shares |
| 3,622,430 Shares | 1.17 | 2/28/2025 | 4,236,399 Shares |
| 1,275,927 Shares | 3.36 | 2/14/2025 | 4,288,305 Shares |
| 1,758,790 Shares | 2.32 | 1/31/2025 | 4,075,131 Shares |
| 1,373,432 Shares | 3.18 | 1/15/2025 | 4,373,946 Shares |
| 1,411,950 Shares | 3.17 | 12/31/2024 | 4,480,517 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities | $1.26 Billion |
| Net Cash Flow From Investing Activities | $-837.12 Million |
| Net Cash Flow From Financing Activities | $1.24 Billion |
| Net Cash Flow, Continuing | $1.66 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-837.12 Million |
| Net Cash Flow From Financing Activities, Continuing | $1.24 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Basic Average Shares | $271.21 Million |
| Income/Loss From Continuing Operations After Tax | $1.06 Billion |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Operating Income/Loss | $1.35 Billion |
| Benefits Costs and Expenses | $3.25 Billion |
| Income Tax Expense/Benefit, Deferred | $-128.74 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $959.79 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $959.79 Million |
| Other Comprehensive Income/Loss | $-95.69 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Inventory | $257.71 Million |
| Noncurrent Assets | $4.96 Billion |
| Other Current Assets | $3.08 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
| Noncurrent Liabilities | $2.93 Billion |
| Current Liabilities | $1.37 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||