CADENCE DESIGN SYS INC (CDNS) Stock Analyst Ratings
NASDAQ:CDNS - Nasdaq - US1273871087 - Common Stock - Currency: USD
ChartMill assigns a Buy % Consensus number of 80% to CDNS. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 333.19. This target is 28.97% above the current price.
CDNS was analyzed by 27 analysts. The buy percentage consensus is at 80. 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 27 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 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 |
| 2024-08-06 | Piper Sandler | Upgrade | Neutral -> Overweight |
| 2024-07-23 | Needham | Reiterate | Buy -> Buy |
| 2024-07-23 | Baird | Maintains | Outperform -> Outperform |
| 2024-07-10 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2024-07-02 | Baird | Maintains | Outperform -> Outperform |
| 2024-06-27 | Keybanc | Maintains | Overweight -> Overweight |
| 2024-05-30 | B of A Securities | Maintains | Buy -> Buy |
| 2024-05-17 | Needham | Reiterate | Buy -> Buy |
| 2024-04-23 | Needham | Reiterate | Buy -> Buy |
| 2024-04-23 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2024-04-22 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2024-04-19 | Needham | Reiterate | Buy -> Buy |