Comments
Loading...

Cadence Design Systems Analyst Ratings

CDNSNASDAQ
Logo brought to you by Benzinga Data
$319.53
1.100.35%
At close: Dec 16, 4:00 PM EST
$318.44
-1.09-0.34%
After Hours: 4:27 PM EST
Consensus Rating1
Buy
Highest Price Target1
$418.00
Lowest Price Target1
$225.00
Consensus Price Target1
$358.84

Cadence Design Systems Analyst Ratings and Price Targets | NASDAQ:CDNS | Benzinga

Cadence Design Systems Inc has a consensus price target of $358.84 based on the ratings of 19 analysts. The high is $418 issued by Baird on October 28, 2025. The low is $225 issued by Oppenheimer on October 28, 2025. The 3 most-recent analyst ratings were released by Citigroup, Oppenheimer, and Wells Fargo on November 24, 2025, October 28, 2025, and October 28, 2025, respectively. With an average price target of $340 between Citigroup, Oppenheimer, and Wells Fargo, there's an implied 6.77% upside for Cadence Design Systems Inc from these most-recent analyst ratings.

Analyst Trends and Forecast

12
3
Jul
4
2
1
Oct
1
Nov
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Oppenheimer
Wells Fargo
Baird
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Cadence Design Systems

Get Alert
Nov 24, 2025
20.9%
385
Previous
Initiates
Current
Buy
Get Alert
Oct 28, 2025
-29.34%
200
225
Previous
Underperform
Current
Underperform
Get Alert
Oct 28, 2025
28.75%
405
410
Previous
Overweight
Current
Overweight
Get Alert
Oct 28, 2025
31.26%
390
418
Previous
Outperform
Current
Outperform
Get Alert
Oct 28, 2025
27.18%
390
405
Previous
Overweight
Current
Overweight
Get Alert
Oct 28, 2025
5.2%
320
335
Previous
Neutral
Current
Neutral
Get Alert
Oct 28, 2025
22.47%
390
390
Previous
Buy
Current
Buy
Get Alert
Oct 22, 2025
0.49%
320
320
Previous
Neutral
Current
Neutral
Get Alert
Jul 29, 2025
22.47%
370
390
Previous
Buy
Current
Buy
Get Alert
Jul 29, 2025
22.47%
330
390
Previous
Overweight
Current
Overweight
Get Alert
Jul 29, 2025
11.48%
328
355
Previous
Overweight
Current
Neutral
Get Alert
Jul 29, 2025
27.18%
365
405
Previous
Overweight
Current
Overweight
Get Alert
Jul 29, 2025
27.18%
358
405
Previous
Overweight
Current
Overweight
Get Alert
Jul 29, 2025
24.04%
350
395
Previous
Buy
Current
Buy
Get Alert
Jul 29, 2025
0.49%
300
320
Previous
Neutral
Current
Neutral
Get Alert
Jul 29, 2025
17.76%
360
375
Previous
Outperform
Current
Outperform
Get Alert
Jul 29, 2025
22.47%
325
390
Previous
Buy
Current
Buy
Get Alert
Jul 28, 2025
19.33%
340
380
Previous
Outperform
Current
Outperform
Get Alert
Jul 25, 2025
-5.79%
300
300
Previous
Neutral
Current
Neutral
Get Alert
Jul 22, 2025
13.05%
325
360
Previous
Outperform
Current
Outperform
Get Alert
Jul 14, 2025
16.19%
340
370
Previous
Buy
Current
Buy
Get Alert
Jul 10, 2025
19.33%
380
Previous
Initiates
Current
Buy
Get Alert
Jul 10, 2025
12.42%
340
358
Previous
Overweight
Current
Overweight
Get Alert
May 16, 2025
14.62%
350
365
Previous
Overweight
Current
Overweight
Get Alert
May 15, 2025
17.76%
355
375
Previous
Overweight
Current
Overweight
Get Alert
May 13, 2025
2.06%
325
325
Previous
Buy
Current
Buy
Get Alert
Apr 29, 2025
9.91%
320
350
Previous
Buy
Current
Buy
Get Alert
Apr 29, 2025
3.63%
325
330
Previous
Overweight
Current
Overweight
Get Alert
Apr 29, 2025
2.06%
300
325
Previous
Outperform
Current
Outperform
Get Alert
Apr 29, 2025
2.06%
293
325
Previous
Outperform
Current
Outperform
Get Alert
Apr 29, 2025
-5.79%
295
300
Previous
Neutral
Current
Neutral
Get Alert
Apr 29, 2025
2.06%
325
325
Previous
Buy
Current
Buy
Get Alert
Apr 24, 2025
2.06%
300
325
Previous
Neutral
Current
Overweight
Get Alert
Apr 16, 2025
0.49%
320
350
Previous
Buy
Current
Buy
Get Alert
Apr 15, 2025
-5.79%
300
350
Previous
Outperform
Current
Outperform
Get Alert
Mar 19, 2025
-37.19%
200
225
Previous
Underperform
Current
Underperform
Get Alert
Feb 20, 2025
5.2%
335
340
Previous
Outperform
Current
Outperform
Get Alert
Feb 19, 2025
6.77%
340
360
Previous
Buy
Current
Buy
Get Alert
Feb 19, 2025
9.91%
350
365
Previous
Buy
Current
Buy
Get Alert
Feb 19, 2025
-7.36%
280
295
Previous
Neutral
Current
Neutral
Get Alert
Feb 19, 2025
2.06%
325
325
Previous
Buy
Current
Buy
Get Alert
Feb 19, 2025
3%
318
328
Previous
Overweight
Current
Overweight
Get Alert
Jan 13, 2025
9.91%
350
Previous
Initiates
Current
Buy
Get Alert
Dec 13, 2024
9.91%
325
350
Previous
Outperform
Current
Outperform
Get Alert
Nov 22, 2024
9.91%
350
Previous
Initiates
Current
Overweight
Get Alert
Nov 11, 2024
13.05%
360
Previous
Initiates
Current
Buy
Get Alert
Oct 29, 2024
-12.07%
280
280
Previous
Neutral
Current
Neutral
Get Alert
Oct 29, 2024
6.77%
332
340
Previous
Outperform
Current
Outperform
Get Alert
Oct 29, 2024
-1.08%
315
320
Previous
Buy
Current
Buy
Get Alert
Oct 22, 2024
2.06%
325
Previous
Initiates
Current
Outperform
Get Alert
Oct 15, 2024
0.49%
320
Previous
Initiates
Current
Buy
Get Alert
Oct 7, 2024
-12.07%
280
280
Previous
Neutral
Current
Neutral
Get Alert
Sep 25, 2024
-29.34%
225
Previous
Initiates
Current
Underperform
Get Alert
Aug 6, 2024
-12.07%
280
280
Previous
Neutral
Current
Neutral
Get Alert
Aug 6, 2024
-0.14%
318
318
Previous
Neutral
Current
Overweight
Get Alert
Jul 23, 2024
6.14%
338
341
Previous
Outperform
Current
Outperform
Get Alert
Jul 23, 2024
0.49%
320
320
Previous
Buy
Current
Buy
Get Alert
Jul 10, 2024
-0.14%
318
318
Previous
Neutral
Current
Neutral
Get Alert
Jul 2, 2024
7.08%
322
341
Previous
Outperform
Current
Outperform
Get Alert
Jun 27, 2024
11.48%
350
355
Previous
Overweight
Current
Overweight
Get Alert
May 30, 2024
9.91%
330
350
Previous
Buy
Current
Buy
Get Alert
May 17, 2024
0.49%
320
320
Previous
Buy
Current
Buy
Get Alert
Apr 23, 2024
0.49%
320
320
Previous
Buy
Current
Buy
Get Alert
Apr 23, 2024
-0.14%
318
334
Previous
Neutral
Current
Neutral
Get Alert
Apr 22, 2024
-12.07%
280
280
Previous
Neutral
Current
Neutral
Get Alert
Apr 19, 2024
0.49%
320
320
Previous
Buy
Current
Buy
Get Alert
Apr 19, 2024
1.12%
302
322
Previous
Outperform
Current
Outperform
Get Alert
Apr 18, 2024
1.12%
302
322
Previous
Outperform
Current
Outperform
Get Alert
Apr 16, 2024
9.91%
330
350
Previous
Overweight
Current
Overweight
Get Alert
Apr 15, 2024
6.77%
335
340
Previous
Overweight
Current
Overweight
Get Alert
Apr 4, 2024
4.89%
334
Previous
Initiates
Current
Neutral
Get Alert
Mar 6, 2024
0.49%
320
320
Previous
Buy
Current
Buy
Get Alert
Feb 14, 2024
9.91%
260
350
Previous
Equal-Weight
Current
Overweight
Get Alert
Feb 13, 2024
-12.07%
265
280
Previous
Buy
Current
Neutral
Get Alert
Feb 13, 2024
-5.16%
289
302
Previous
Outperform
Current
Outperform
Get Alert
Feb 13, 2024
9.91%
300
350
Previous
Buy
Current
Buy
Get Alert
Feb 13, 2024
0.49%
315
320
Previous
Buy
Current
Buy
Get Alert
Feb 13, 2024
5.2%
325
335
Previous
Overweight
Current
Overweight
Get Alert
Feb 6, 2024
3.63%
310
330
Previous
Overweight
Current
Overweight
Get Alert
Feb 5, 2024
2.06%
290
325
Previous
Overweight
Current
Overweight
Get Alert
Nov 10, 2023
-18.35%
260
Previous
Initiates
Current
Equal-Weight
Get Alert
Oct 24, 2023
-16.78%
265
Previous
Buy
Current
Buy
Get Alert
Oct 24, 2023
-15.84%
268
Previous
Buy
Current
Buy
Get Alert
Oct 19, 2023
-16.78%
250
265
Previous
Buy
Current
Buy
Get Alert
Sep 21, 2023
-21.49%
250
Previous
Buy
Current
Buy
Get Alert
Sep 14, 2023
-8.93%
270
290
Previous
Overweight
Current
Overweight
Get Alert
Aug 25, 2023
-21.49%
250
Previous
Buy
Current
Buy
Get Alert
Jul 25, 2023
-10.5%
280
285
Previous
Buy
Current
Buy
Get Alert
Jul 25, 2023
-26.2%
235
235
Previous
Buy
Current
Buy
Get Alert
Jul 25, 2023
-21.49%
250
Previous
Buy
Current
Buy
Get Alert
Jul 25, 2023
-15.21%
265
270
Previous
Overweight
Current
Overweight
Get Alert
Jul 21, 2023
-21.49%
215
250
Previous
Buy
Current
Buy
Get Alert
Jul 20, 2023
-5.79%
210
300
Previous
Hold
Current
Buy
Get Alert
Jul 18, 2023
-15.21%
250
270
Previous
Overweight
Current
Overweight
Get Alert
Jul 13, 2023
-16.78%
235
265
Previous
Overweight
Current
Overweight
Get Alert
Jun 5, 2023
-21.49%
235
250
Previous
Overweight
Current
Overweight
Get Alert
Apr 26, 2023
-27.77%
222
230
Previous
Current
Buy
Get Alert
Apr 25, 2023
-24.63%
225
240
Previous
Current
Buy
Get Alert
Apr 25, 2023
-29.97%
215
223
Previous
Current
Outperform
Get Alert
Apr 25, 2023
-26.2%
225
235
Previous
Current
Overweight
Get Alert

FAQ

Q

What is the target price for Cadence Design Systems (CDNS) stock?

A

The latest price target for Cadence Design Systems (NASDAQ:CDNS) was reported by Citigroup on November 24, 2025. The analyst firm set a price target for $385.00 expecting CDNS to rise to within 12 months (a possible 20.90% upside). 43 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cadence Design Systems (CDNS)?

A

The latest analyst rating for Cadence Design Systems (NASDAQ:CDNS) was provided by Citigroup, and Cadence Design Systems initiated their buy rating.

Q

When was the last upgrade for Cadence Design Systems (CDNS)?

A

The last upgrade for Cadence Design Systems Inc happened on April 24, 2025 when JP Morgan raised their price target to $325. JP Morgan previously had a neutral for Cadence Design Systems Inc.

Q

When was the last downgrade for Cadence Design Systems (CDNS)?

A

The last downgrade for Cadence Design Systems Inc happened on July 29, 2025 when Piper Sandler changed their price target from $328 to $355 for Cadence Design Systems Inc.

Q

When is the next analyst rating going to be posted or updated for Cadence Design Systems (CDNS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cadence Design Systems, 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 Systems was filed on November 24, 2025 so you should expect the next rating to be made available sometime around November 24, 2026.

Q

Is the Analyst Rating Cadence Design Systems (CDNS) correct?

A

While ratings are subjective and will change, the latest Cadence Design Systems (CDNS) rating was a initiated with a price target of $0.00 to $385.00. The current price Cadence Design Systems (CDNS) is trading at is $318.44, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.