Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
306.51
+2.50 (0.82%)
Nov 21, 2024, 4:00 PM EST - Market closed
Cadence Design Systems Analyst Ratings
Total Analysts
12
Consensus Rating
Buy
Price Target
$324.00
Upside
+5.71%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Initiates $360 | Strong Buy | Initiates | $360 | +17.45% | Nov 11, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -8.65% | Oct 29, 2024 |
| Baird | Baird | Buy Maintains $332 → $340 | Buy | Maintains | $332 → $340 | +10.93% | Oct 29, 2024 |
| Needham | Needham | Strong Buy Maintains $320 → $315 | Strong Buy | Maintains | $320 → $315 | +2.77% | Oct 29, 2024 |
| Mizuho | Mizuho | Buy Initiates $325 | Buy | Initiates | $325 | +6.03% | Oct 22, 2024 |
| Berenberg | Berenberg | Strong Buy Initiates $320 | Strong Buy | Initiates | $320 | +4.40% | Oct 15, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -8.65% | Oct 7, 2024 |
| Oppenheimer | Oppenheimer | Sell Initiates $225 | Sell | Initiates | $225 | -26.59% | Sep 25, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | -8.65% | Aug 6, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $318 | Hold → Buy | Upgrades | $318 | +3.75% | Aug 6, 2024 |
| Baird | Baird | Buy Maintains $341 → $338 | Buy | Maintains | $341 → $338 | +10.27% | Jul 23, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +4.40% | Jul 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $318 | Hold | Maintains | $318 | +3.75% | Jul 10, 2024 |
| Baird | Baird | Buy Maintains $322 → $341 | Buy | Maintains | $322 → $341 | +11.25% | Jul 2, 2024 |
| Keybanc | Keybanc | Buy Maintains $350 → $355 | Buy | Maintains | $350 → $355 | +15.82% | Jun 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $330 → $350 | Strong Buy | Maintains | $330 → $350 | +14.19% | May 30, 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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