Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · IEX Real-Time Price · USD
316.78
+5.86 (1.88%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Cadence Design Systems Analyst Ratings
Total Analysts
9
Consensus Rating
Buy
Price Target
$334.89
Upside
+5.72%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $322 → $341 | Buy | Maintains | $322 → $341 | +7.65% | Jul 2, 2024 |
| Keybanc | Keybanc | Buy Maintains $350 → $355 | Buy | Maintains | $350 → $355 | +12.07% | Jun 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $330 → $350 | Strong Buy | Maintains | $330 → $350 | +10.49% | May 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +1.02% | May 17, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +1.02% | Apr 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $334 → $318 | Hold | Maintains | $334 → $318 | +0.39% | Apr 23, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -11.61% | Apr 22, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +1.02% | Apr 19, 2024 |
| Baird | Baird | Buy Maintains $302 → $322 | Buy | Maintains | $302 → $322 | +1.65% | Apr 19, 2024 |
| Baird | Baird | Buy Maintains $302 → $322 | Buy | Maintains | $302 → $322 | +1.65% | Apr 18, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $330 → $350 | Buy | Maintains | $330 → $350 | +10.49% | Apr 16, 2024 |
| Keybanc | Keybanc | Buy Maintains $335 → $340 | Buy | Maintains | $335 → $340 | +7.33% | Apr 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Initiates $334 | Hold | Initiates | $334 | +5.44% | Apr 4, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +1.02% | Mar 6, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $260 → $350 | Hold → Buy | Upgrades | $260 → $350 | +10.49% | Feb 14, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 13, 2024 |
| Baird | Baird | Buy Maintains $289 → $302 | Buy | Maintains | $289 → $302 | -4.67% | Feb 13, 2024 |
| Stifel | Stifel | Strong Buy Maintains $300 → $350 | Strong Buy | Maintains | $300 → $350 | +10.49% | Feb 13, 2024 |
| Needham | Needham | Strong Buy Maintains $315 → $320 | Strong Buy | Maintains | $315 → $320 | +1.02% | Feb 13, 2024 |
| Keybanc | Keybanc | Buy Maintains $325 → $335 | Buy | Maintains | $325 → $335 | +5.75% | Feb 13, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $310 → $330 | Buy | Maintains | $310 → $330 | +4.17% | Feb 6, 2024 |