CADENCE DESIGN SYS INC (CDNS) Stock Analyst Ratings
NASDAQ:CDNS - Nasdaq - US1273871087 - Common Stock - Currency: USD
ChartMill assigns a Buy % Consensus number of 81% to CDNS. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 323.87. This target is 1.99% above the current price.
CDNS was analyzed by 28 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about CDNS.
In the previous month the buy percentage consensus was at a similar level.
CDNS was analyzed by 28 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 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 |
| 2025-02-19 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-02-19 | Loop Capital | Maintains | Buy -> Buy |
| 2025-02-19 | B of A Securities | Maintains | Buy -> Buy |
| 2025-02-19 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-01-13 | Redburn Atlantic | Initiate | Buy |
| 2024-12-13 | Mizuho | Maintains | Outperform -> Outperform |
| 2024-11-22 | Wells Fargo | Initiate | Overweight |
| 2024-11-11 | Loop Capital | Initiate | Buy |
| 2024-10-29 | Needham | Maintains | Buy -> Buy |
| 2024-10-29 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2024-10-29 | Baird | Maintains | Outperform -> Outperform |
| 2024-10-22 | Mizuho | Initiate | Outperform |
| 2024-10-15 | Berenberg | Initiate | Buy |
| 2024-10-07 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2024-09-25 | Oppenheimer | Initiate | Underperform |
| 2024-08-06 | Rosenblatt | Maintains | Neutral -> Neutral |