CADENCE DESIGN SYS INC (CDNS) Stock Analyst Ratings
USA - NASDAQ:CDNS - US1273871087 - Common Stock
345.1 USD
+7.83 (+2.32%)
346 USD
+0.9 (+0.26%)
ChartMill assigns a Buy % Consensus number of 79% to CDNS. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 375.97. This target is 8.95% above the current price.
CDNS was analyzed by 29 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about CDNS.
In the previous month the buy percentage consensus was at a similar level.
CDNS was analyzed by 29 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2025-10-22 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-07-29 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-07-29 | Needham | Maintains | Buy -> Buy |
| 2025-07-29 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-07-29 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-07-29 | Stifel | Maintains | Buy -> Buy |
| 2025-07-29 | Loop Capital | Maintains | Buy -> Buy |
| 2025-07-29 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2025-07-29 | JP Morgan | Maintains | Overweight -> Overweight |
| 2025-07-29 | Piper Sandler | Downgrade | Overweight -> Neutral |
| 2025-07-28 | Baird | Maintains | Outperform -> Outperform |
| 2025-07-25 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-07-22 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-07-14 | Loop Capital | Maintains | Buy -> Buy |
| 2025-07-10 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-07-10 | Goldman Sachs | Initiate | Buy |
| 2025-05-16 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2025-05-15 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-05-13 | Needham | Reiterate | Buy -> Buy |
| 2025-04-29 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-04-29 | Needham | Reiterate | Buy -> Buy |
| 2025-04-29 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-04-29 | JP Morgan | Maintains | Overweight -> Overweight |
| 2025-04-29 | Baird | Maintains | Outperform -> Outperform |
| 2025-04-29 | B of A Securities | Maintains | Buy -> Buy |
| 2025-04-24 | JP Morgan | Upgrade | Neutral -> Overweight |
| 2025-04-15 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-03-19 | Oppenheimer | Maintains | Underperform -> Underperform |
| 2025-02-20 | Baird | Maintains | Outperform -> Outperform |
| 2025-02-19 | Needham | Reiterate | Buy -> Buy |
CADENCE DESIGN SYS INC / CDNS FAQ
What is the price target for CDNS stock?
29 analysts have analysed CDNS and the average price target is 375.97 USD. This implies a price increase of 8.95% is expected in the next year compared to the current price of 345.1.
What is the consensus rating for CADENCE DESIGN SYS INC (CDNS) stock?
The consensus rating for CADENCE DESIGN SYS INC (CDNS) is 78.6207 / 100 . This indicates that analysts generally have a positive outlook on the stock.
What is the number of analysts for CDNS stock?
The number of analysts covering CADENCE DESIGN SYS INC (CDNS) is 29.