Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
301.47
+1.60 (0.53%)
Dec 20, 2024, 4:00 PM EST - Market closed
Cadence Design Systems Analyst Ratings
Total Analysts
13
Consensus Rating
Buy
Price Target
$327.92
Upside
+8.77%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $325 → $350 | Buy | Maintains | $325 → $350 | +16.10% | Dec 13, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $350 | Buy | Initiates | $350 | +16.10% | Nov 22, 2024 |
| Loop Capital | Loop Capital | Strong Buy Initiates $360 | Strong Buy | Initiates | $360 | +19.41% | Nov 11, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -7.12% | Oct 29, 2024 |
| Baird | Baird | Buy Maintains $332 → $340 | Buy | Maintains | $332 → $340 | +12.78% | Oct 29, 2024 |
| Needham | Needham | Strong Buy Maintains $320 → $315 | Strong Buy | Maintains | $320 → $315 | +4.49% | Oct 29, 2024 |
| Mizuho | Mizuho | Buy Initiates $325 | Buy | Initiates | $325 | +7.81% | Oct 22, 2024 |
| Berenberg | Berenberg | Strong Buy Initiates $320 | Strong Buy | Initiates | $320 | +6.15% | Oct 15, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -7.12% | Oct 7, 2024 |
| Oppenheimer | Oppenheimer | Sell Initiates $225 | Sell | Initiates | $225 | -25.37% | Sep 25, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -7.12% | Aug 6, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $318 | Hold → Buy | Upgrades | $318 | +5.48% | Aug 6, 2024 |
| Baird | Baird | Buy Maintains $341 → $338 | Buy | Maintains | $341 → $338 | +12.12% | Jul 23, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +6.15% | Jul 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $318 | Hold | Maintains | $318 | +5.48% | Jul 10, 2024 |
| Baird | Baird | Buy Maintains $322 → $341 | Buy | Maintains | $322 → $341 | +13.11% | Jul 2, 2024 |
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Analyst Star Rankings
Our analyst star rankings are based on these four factors
- Success Rate
- The percentage of ratings that are profitable.
- Average Return
- The average percentage return within one year of the rating.
- Rating Count
- The more ratings the analyst has provided, the higher the score.
- Recency
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