Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
258.34
-11.89 (-4.40%)
Feb 21, 2025, 4:00 PM EST - Market closed
Cadence Design Systems Analyst Ratings
Total Analysts
12
Consensus Rating
Buy
Price Target
$326.92
Upside
+26.55%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $340 → $335 | Buy | Maintains | $340 → $335 | +29.67% | Feb 20, 2025 |
| Loop Capital | Loop Capital | Strong Buy Maintains $360 → $340 | Strong Buy | Maintains | $360 → $340 | +31.61% | Feb 19, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $365 → $350 | Strong Buy | Maintains | $365 → $350 | +35.48% | Feb 19, 2025 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 → $295 | Hold | Maintains | $280 → $295 | +14.19% | Feb 19, 2025 |
| Needham | Needham | Strong Buy Reiterates $325 | Strong Buy | Reiterates | $325 | +25.80% | Feb 19, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $318 → $328 | Buy | Maintains | $318 → $328 | +26.96% | Feb 19, 2025 |
| Redburn Atlantic | Redburn Atlantic | Strong Buy Initiates $350 | Strong Buy | Initiates | $350 | +35.48% | Jan 13, 2025 |
| Mizuho | Mizuho | Buy Maintains $325 → $350 | Buy | Maintains | $325 → $350 | +35.48% | Dec 13, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $350 | Buy | Initiates | $350 | +35.48% | Nov 22, 2024 |
| Loop Capital | Loop Capital | Strong Buy Initiates $360 | Strong Buy | Initiates | $360 | +39.35% | Nov 11, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | +8.38% | Oct 29, 2024 |
| Baird | Baird | Buy Maintains $332 → $340 | Buy | Maintains | $332 → $340 | +31.61% | Oct 29, 2024 |
| Needham | Needham | Strong Buy Maintains $320 → $315 | Strong Buy | Maintains | $320 → $315 | +21.93% | Oct 29, 2024 |
| Mizuho | Mizuho | Buy Initiates $325 | Buy | Initiates | $325 | +25.80% | Oct 22, 2024 |
| Berenberg | Berenberg | Strong Buy Initiates $320 | Strong Buy | Initiates | $320 | +23.87% | Oct 15, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | +8.38% | Oct 7, 2024 |
Upgrade to Pro
Get stock forecasts from Wall Street's highest rated professionals
Get much more with Stock Analysis Pro
- Investment ideas from the top Wall Street analysts
- Unlimited access to all data and tools
- Advanced analyst filtering and sorting options
- Up to 10 years of analyst rating history
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
- Ratings provided within the past year contribute to a higher score.