"Cadence (CDNS) Q4 Earnings: What Investors Should Anticipate"
Cadence Design Systems is set to report its Q4 earnings, with analysts expecting a 17.9% year-on-year revenue growth to $1.06 billion and adjusted earnings of $1.33 per share. The company has generally exceeded revenue expectations, and its peers in the vertical software segment have shown positive results. With a current stock price of $314.7 and an analyst price target of $289.4, Cadence is experiencing positive investor sentiment and is positioned for potential growth in the technology and cybersecurity sectors.
