Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
310.97
+5.37 (1.76%)
At close: Jan 21, 2025, 4:00 PM
312.67
+1.70 (0.55%)
After-hours: Jan 21, 2025, 7:30 PM EST
Cadence Design Systems Analyst Ratings
Total Analysts
14
Consensus Rating
Strong Buy
Price Target
$329.50
Upside
+5.96%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Redburn Atlantic | Redburn Atlantic | Strong Buy Initiates $350 | Strong Buy | Initiates | $350 | +12.55% | Jan 13, 2025 |
| Mizuho | Mizuho | Buy Maintains $325 → $350 | Buy | Maintains | $325 → $350 | +12.55% | Dec 13, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $350 | Buy | Initiates | $350 | +12.55% | Nov 22, 2024 |
| Loop Capital | Loop Capital | Strong Buy Initiates $360 | Strong Buy | Initiates | $360 | +15.77% | Nov 11, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -9.96% | Oct 29, 2024 |
| Baird | Baird | Buy Maintains $332 → $340 | Buy | Maintains | $332 → $340 | +9.34% | Oct 29, 2024 |
| Needham | Needham | Strong Buy Maintains $320 → $315 | Strong Buy | Maintains | $320 → $315 | +1.30% | Oct 29, 2024 |
| Mizuho | Mizuho | Buy Initiates $325 | Buy | Initiates | $325 | +4.51% | Oct 22, 2024 |
| Berenberg | Berenberg | Strong Buy Initiates $320 | Strong Buy | Initiates | $320 | +2.90% | Oct 15, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -9.96% | Oct 7, 2024 |
| Oppenheimer | Oppenheimer | Sell Initiates $225 | Sell | Initiates | $225 | -27.65% | Sep 25, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -9.96% | Aug 6, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $318 | Hold → Buy | Upgrades | $318 | +2.26% | Aug 6, 2024 |
| Baird | Baird | Buy Maintains $341 → $338 | Buy | Maintains | $341 → $338 | +8.69% | Jul 23, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +2.90% | Jul 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $318 | Hold | Maintains | $318 | +2.26% | Jul 10, 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
- Ratings provided within the past year contribute to a higher score.