Computer board micro chip green by blickpixel via Pixabay
Blickpixel通过Pixabay的计算机板微芯片绿色
Cadence Design Systems (CDNS) opened comfortably in the green this morning after President Donald Trump’s administration removed restrictions from the export of chip-design software to China.
唐纳德·特朗普（Donald Trump）总统的政府从出口到中国出口中限制了限制，Cadence Design Systems（CDNS）今天早上在绿色中舒适地开放。
The announcement potentially signals that China is making significant progress on signing a trade deal with the U.S., which could prove materially positive for semiconductor firms across the board.
该公告可能表明，中国在与美国签署贸易协定方面取得了重大进展，这可能对全面的半导体公司造成积极的态度。
More News from Barchart
Barchart的更多新闻
Including today’s gain, CDNS stock is up more than 40% versus its year-to-date low set in early April.
包括今天的收益，CDNS股票上涨了40％以上，而4月初的年度低点。
www.barchart.com
How CDNS Stock Will Benefit From Lifted Restrictions
CDNS股票将如何受益于解除限制
The U.S. lifting export restrictions on chip-design software is a meaningful tailwind for CDNS shares since it reinstates the company’s access to a crucial market that accounted for roughly 12% of its revenue in 2024.
美国对CHIP设计软件的提升出口限制对于CDNS股票来说是有意义的尾风，因为它恢复了该公司进入关键市场的访问，该市场在2024年占其收入的12％。
According to Cadence Design Systems, it’s already working to restore sales and support to its Chinese customers, which will stabilize earnings in the near term and remove a huge overhang that had clouded investor sentiment.
根据Cadence Design Systems的说法，它已经在努力恢复对中国客户的销售和支持，这将在短期内稳定收益，并消除蒙上阴影投资者情绪的巨大悬垂。
For a company whose tools are foundational to next-gen chip innovation, regaining access to one of the world’s largest semiconductor markets will likely prove nothing short of transformative.
对于一家工具是下一代芯片创新的基础的公司，重新获得世界上最大的半导体市场之一的访问权可能会证明是无可争议的。
It’s this narrative that’s driving the Cadence stock price up on Thursday.
正是这种叙述在周四推动了节奏股价。
Cadence Stock Is Trading at a Premium Valuation
Cadence股票正在以高价估值交易
While the aforementioned announcement is notably constructive for CDNS stock, investors should still tread with caution in investing in the semiconductor software firm at current levels.
尽管上述公告对CDNS股票具有明显的建设性，但投资者仍应谨慎行事，以投资于当前水平的半导体软件公司。
Why? Because it’s trading at a forward price-earnings multiple of nearly 58x at writing, which makes it significantly more expensive to own than its peer Synopsys (SNPS) at 48x only.
为什么？因为它以近58倍的远期价格赚钱的交易，这使其拥有的拥有量比其同行Synopsys（SNP）仅为48倍。
Concerns of overvaluation also pushed analysts at Berenberg into lowering their price target on Cadence shares last week to $330 from $348, indicating potential upside of only 1% from current levels.
对高估的担忧还促使贝伦伯格的分析师上周将其在Cadence股票的价格目标从348美元降低到330美元，这表明潜在的上涨空间仅为当前水平1％。
Wall Street No Longer Sees Upside in Cadence Design Systems
华尔街不再看到节奏设计系统中的上升空间
Cadence Design Systems topped Street estimates for both profit and revenue in its latest reported quarter. Still, Wall Street does not forecast upside potential for shares over the next 12 months.
Cadence Design Systems在其最新报告的季度中对盈利和收入的街道估算高。尽管如此，华尔街在接下来的12个月中并未预测股票的潜力。
According to Barchart, the consensus rating on Cadence shares remains at “Strong Buy” but the mean target of about $324 is slightly lower than the current trading price.
根据Barchart的说法，Cadence股票的共识评级仍然是“强买”，但平均目标约为324美元，略低于当前的交易价格。
