CADENCE DESIGN SYS INC (CDNS) Stock Analyst Ratings
NASDAQ:CDNS - Nasdaq - US1273871087 - Common Stock
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 327.1. This target is 5.19% above the current price.
CDNS was analyzed by 26 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 26 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 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 |
| 2024-04-19 | Baird | Maintains | Outperform -> Outperform |
| 2024-04-18 | Baird | Maintains | Outperform -> Outperform |
| 2024-04-16 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2024-04-15 | Keybanc | Maintains | Overweight -> Overweight |
| 2024-04-04 | Piper Sandler | Initiate | Neutral |
| 2024-03-06 | Needham | Reiterate | Buy -> Buy |