Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · IEX Real-Time Price · USD
274.55
-1.08 (-0.39%)
At close: May 1, 2024, 4:00 PM
276.20
+1.65 (0.60%)
After-hours: May 1, 2024, 7:32 PM EDT
Cadence Design Systems Analyst Ratings
Total Analysts
10
Consensus Rating
Strong Buy
Price Target
$314.50
Upside
+14.55%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +16.55% | Apr 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $334 → $318 | Hold | Maintains | $334 → $318 | +15.83% | Apr 23, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $280 | Hold | Maintains | $280 | +1.99% | Apr 22, 2024 |
| Baird | Baird | Buy Maintains $302 → $322 | Buy | Maintains | $302 → $322 | +17.28% | Apr 19, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +16.55% | Apr 19, 2024 |
| Baird | Baird | Buy Maintains $302 → $322 | Buy | Maintains | $302 → $322 | +17.28% | Apr 18, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $330 → $350 | Buy | Maintains | $330 → $350 | +27.48% | Apr 16, 2024 |
| Keybanc | Keybanc | Buy Maintains $335 → $340 | Buy | Maintains | $335 → $340 | +23.84% | Apr 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Initiates $334 | Hold | Initiates | $334 | +21.65% | Apr 4, 2024 |
| Needham | Needham | Strong Buy Reiterates $320 | Strong Buy | Reiterates | $320 | +16.55% | Mar 6, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $260 → $350 | Hold → Buy | Upgrades | $260 → $350 | +27.48% | 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 | +10.00% | Feb 13, 2024 |
| Stifel | Stifel | Strong Buy Maintains $300 → $350 | Strong Buy | Maintains | $300 → $350 | +27.48% | Feb 13, 2024 |
| Needham | Needham | Strong Buy Maintains $315 → $320 | Strong Buy | Maintains | $315 → $320 | +16.55% | Feb 13, 2024 |
| Keybanc | Keybanc | Buy Maintains $325 → $335 | Buy | Maintains | $325 → $335 | +22.02% | Feb 13, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $310 → $330 | Buy | Maintains | $310 → $330 | +20.20% | Feb 6, 2024 |
| Keybanc | Keybanc | Buy Maintains $290 → $325 | Buy | Maintains | $290 → $325 | +18.38% | Feb 5, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $260 | Hold | Initiates | $260 | -5.30% | Nov 10, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $265 | Strong Buy | Reiterates | $265 | -3.48% | Oct 24, 2023 |
| Needham | Needham | Strong Buy Reiterates $268 | Strong Buy | Reiterates | $268 | -2.39% | Oct 24, 2023 |