| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/21/2023 | 6.75% | Rosenblatt | → $250 | Reiterates | Buy → Buy |
| 09/14/2023 | 23.83% | Keybanc | $270 → $290 | Maintains | Overweight |
| 08/25/2023 | 6.75% | Rosenblatt | → $250 | Reiterates | Buy → Buy |
| 07/25/2023 | 21.69% | B of A Securities | $280 → $285 | Maintains | Buy |
| 07/25/2023 | 0.34% | Needham | $235 → $235 | Reiterates | Buy → Buy |
| 07/25/2023 | 6.75% | Rosenblatt | → $250 | Reiterates | Buy → Buy |
| 07/25/2023 | 15.29% | Keybanc | $265 → $270 | Maintains | Overweight |
| 07/21/2023 | 6.75% | Rosenblatt | $215 → $250 | Maintains | Buy |
| 07/20/2023 | 28.1% | Stifel | $210 → $300 | Upgrades | Hold → Buy |
| 07/18/2023 | 15.29% | Wells Fargo | $250 → $270 | Maintains | Overweight |
| 07/13/2023 | 13.15% | Keybanc | $235 → $265 | Maintains | Overweight |
| 06/05/2023 | 6.75% | Wells Fargo | $235 → $250 | Maintains | Overweight |
| 04/26/2023 | -1.79% | Deutsche Bank | $222 → $230 | Maintains | Buy |
| 04/25/2023 | 2.48% | B of A Securities | $225 → $240 | Maintains | Buy |
| 04/25/2023 | -4.78% | Baird | $215 → $223 | Maintains | Outperform |
| 04/25/2023 | 0.34% | Keybanc | $225 → $235 | Maintains | Overweight |
| 04/11/2023 | 0.34% | Wells Fargo | $215 → $235 | Maintains | Overweight |
| 02/15/2023 | -5.21% | Deutsche Bank | $200 → $222 | Maintains | Buy |
| 02/14/2023 | -8.2% | Wells Fargo | $205 → $215 | Maintains | Overweight |
| 02/14/2023 | -8.2% | Baird | $206 → $215 | Maintains | Outperform |
| 02/14/2023 | -14.6% | Rosenblatt | $175 → $200 | Maintains | Buy |
| 02/14/2023 | 0.34% | Needham | $200 → $235 | Maintains | Buy |
| 02/14/2023 | -3.93% | B of A Securities | $205 → $225 | Maintains | Buy |
| 02/14/2023 | -3.93% | Keybanc | $215 → $225 | Maintains | Overweight |
| 01/17/2023 | -14.6% | Atlantic Equities | → $200 | Upgrades | Neutral → Overweight |
| 12/16/2022 | -12.47% | B of A Securities | $185 → $205 | Upgrades | Neutral → Buy |
| 10/24/2022 | -25.28% | Rosenblatt | $185 → $175 | Maintains | Buy |
| 09/29/2022 | -14.6% | Deutsche Bank | → $200 | Initiates Coverage On | → Buy |
| 09/08/2022 | -14.6% | Stifel | → $200 | Initiates Coverage On | → Hold |
| 08/17/2022 | -10.33% | Wolfe Research | → $210 | Initiates Coverage On | → Outperform |
| 07/26/2022 | -21.01% | Rosenblatt | $170 → $185 | Maintains | Buy |
| 07/26/2022 | -14.6% | Needham | $193 → $200 | Maintains | Buy |
| 06/29/2022 | -25.28% | B of A Securities | $160 → $175 | Upgrades | Underperform → Neutral |
| 04/26/2022 | -23.14% | UBS | $170 → $180 | Maintains | Neutral |
| 04/26/2022 | -8.2% | Keybanc | $205 → $215 | Maintains | Overweight |
| 04/26/2022 | -17.59% | Needham | $185 → $193 | Maintains | Buy |
| 02/23/2022 | -25.28% | JP Morgan | $185 → $175 | Maintains | Neutral |
| 02/23/2022 | -23.14% | Berenberg | → $180 | Upgrades | Hold → Buy |
| 02/23/2022 | -23.14% | Rosenblatt | $173 → $180 | Maintains | Buy |
| 01/10/2022 | -12.47% | Keybanc | $186 → $205 | Maintains | Overweight |
| 12/21/2021 | -12.47% | Wells Fargo | $190 → $205 | Maintains | Overweight |
| 12/14/2021 | -21.01% | JP Morgan | → $185 | Downgrades | Overweight → Neutral |
| 10/26/2021 | -18.87% | Wells Fargo | $175 → $190 | Maintains | Overweight |
| 10/26/2021 | -25.28% | Credit Suisse | $155 → $175 | Maintains | Neutral |
| 10/26/2021 | -21.01% | Needham | $183 → $185 | Maintains | Buy |
| 10/26/2021 | -20.58% | Keybanc | $166 → $186 | Maintains | Overweight |
| 10/21/2021 | -25.28% | Wells Fargo | $165 → $175 | Maintains | Overweight |
| 10/20/2021 | -21.86% | Needham | → $183 | Initiates Coverage On | → Buy |
| 07/27/2021 | -29.12% | Keybanc | $162 → $166 | Maintains | Overweight |
| 06/25/2021 | -33.39% | Rosenblatt | → $156 | Initiates Coverage On | → Buy |
| 04/20/2021 | -29.55% | Wells Fargo | $160 → $165 | Maintains | Overweight |
| 02/23/2021 | -31.68% | RBC Capital | $127 → $160 | Maintains | Outperform |
| 02/23/2021 | -33.82% | Credit Suisse | $135 → $155 | Maintains | Neutral |
| 02/23/2021 | -38.09% | Needham | $126 → $145 | Maintains | Buy |
| 02/22/2021 | -42.36% | Credit Suisse | $110 → $135 | Maintains | Neutral |
| 02/16/2021 | -31.68% | KeyBanc | $155 → $160 | Maintains | Overweight |
| 02/10/2021 | -31.68% | Wells Fargo | $145 → $160 | Maintains | Overweight |
| 01/05/2021 | -33.82% | KeyBanc | → $155 | Upgrades | Sector Weight → Overweight |
| 12/18/2020 | -38.09% | Wells Fargo | $135 → $145 | Maintains | Overweight |
| 12/09/2020 | -38.09% | JP Morgan | $122 → $145 | Upgrades | Neutral → Overweight |
| 10/20/2020 | -42.36% | Wells Fargo | $120 → $135 | Maintains | Overweight |
| 10/20/2020 | -46.2% | Needham | $115 → $126 | Maintains | Buy |
| 10/14/2020 | -46.63% | UBS | $91 → $125 | Maintains | Neutral |
| 07/21/2020 | -48.76% | Wells Fargo | $110 → $120 | Maintains | Overweight |
| 07/21/2020 | -45.35% | B of A Securities | $115 → $128 | Maintains | Buy |
| 07/21/2020 | -50.04% | Baird | $110 → $117 | Maintains | Outperform |
| 07/21/2020 | -48.76% | RBC Capital | $101 → $120 | Maintains | Outperform |
| 07/21/2020 | -50.9% | Needham | $86 → $115 | Maintains | Buy |
| 07/14/2020 | -53.03% | Wells Fargo | $100 → $110 | Maintains | Overweight |
| 05/27/2020 | -61.14% | UBS | → $91 | Initiates Coverage On | → Neutral |
| 04/24/2020 | -62% | CFRA | $3 → $89 | Maintains | Buy |
| 04/22/2020 | — | B of A Securities | Upgrades | Neutral → Buy | |
| 04/21/2020 | -61.14% | Baird | $72 → $91 | Maintains | Outperform |
| 04/21/2020 | -62.85% | Wells Fargo | $85 → $87 | Maintains | Overweight |
| 02/19/2020 | -60.29% | Baird | → $93 | Initiates Coverage On | → Outperform |
| 02/13/2020 | -64.56% | B of A Securities | $80 → $83 | Maintains | Neutral |
| 02/13/2020 | -65.84% | Credit Suisse | $75 → $80 | Maintains | Neutral |
| 02/13/2020 | -63.28% | Needham | $76 → $86 | Maintains | Buy |
| 02/06/2020 | -63.71% | Wells Fargo | $80 → $85 | Maintains | Overweight |
| 10/22/2019 | -67.98% | Credit Suisse | $70 → $75 | Reiterates | → Neutral |
| 10/11/2019 | -65.84% | Wells Fargo | $70 → $80 | Upgrades | Market Perform → Outperform |
| 09/23/2019 | -68.83% | B of A Securities | → $73 | Initiates Coverage On | → Neutral |
| 09/11/2019 | -67.98% | JP Morgan | $78 → $75 | Assumes | → Neutral |
| 07/23/2019 | -70.11% | Wells Fargo | $68 → $70 | Maintains | Market Perform |
| 07/23/2019 | -70.11% | Credit Suisse | $62 → $70 | Maintains | Neutral |
| 05/15/2019 | — | Wells Fargo | Initiates Coverage On | → Market Perform | |
| 04/10/2019 | — | Keybanc | Reinstates | → Sector Weight | |
| 11/20/2018 | -78.65% | Berenberg | → $50 | Initiates Coverage On | → Hold |
| 10/23/2018 | — | Benchmark | Upgrades | Hold → Buy | |
| 10/23/2018 | -78.22% | JP Morgan | $49 → $51 | Upgrades | Underweight → Neutral |
What is the target price for Cadence Design Sys (CDNS)?
The latest price target for Cadence Design Sys (NASDAQ: CDNS) was reported by Rosenblatt on September 21, 2023. The analyst firm set a price target for $250.00 expecting CDNS to rise to within 12 months (a possible 6.75% upside). 28 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cadence Design Sys (CDNS)?
The latest analyst rating for Cadence Design Sys (NASDAQ: CDNS) was provided by Rosenblatt, and Cadence Design Sys reiterated their buy rating.
When is the next analyst rating going to be posted or updated for Cadence Design Sys (CDNS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cadence Design Sys, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cadence Design Sys was filed on September 21, 2023 so you should expect the next rating to be made available sometime around September 21, 2024.
Is the Analyst Rating Cadence Design Sys (CDNS) correct?
While ratings are subjective and will change, the latest Cadence Design Sys (CDNS) rating was a reiterated with a price target of $0.00 to $250.00. The current price Cadence Design Sys (CDNS) is trading at is $234.20, which is within the analyst's predicted range.