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$315.51
-1.12-0.35%
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$315.29
-0.22-0.07%
After Hours: May 23, 4:37 PM EDT
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Cadence Design Systems Analyst Ratings and Price Targets | NASDAQ:CDNS | Benzinga
Cadence Design Systems Inc has a consensus price target of $306.15 based on the ratings of 20 analysts. The high is $375 issued by Keybanc on May 15, 2025. The low is $200 issued by Oppenheimer on March 19, 2025. The 3 most-recent analyst ratings were released by Wells Fargo, Keybanc, and Needham on May 16, 2025, May 15, 2025, and May 13, 2025, respectively. With an average price target of $355 between Wells Fargo, Keybanc, and Needham, there's an implied 12.59% upside for Cadence Design Systems Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Keybanc
Needham
B of A Securities
JP Morgan
1calculated from analyst ratings
Analyst Ratings for Cadence Design Systems
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/16/2025 | Buy Now | 15.77% | Wells Fargo | Joe Quatrochi44% | $350 → $365 | Maintains | Overweight | Get Alert |
| 05/15/2025 | Buy Now | 18.94% | Keybanc | Jason Celino62% | $355 → $375 | Maintains | Overweight | Get Alert |
| 05/13/2025 | Buy Now | 3.08% | Needham | Charles Shi54% | $325 → $325 | Reiterates | Buy → Buy | Get Alert |
| 04/29/2025 | Buy Now | 11.01% | B of A Securities | Vivek Arya80% | $320 → $350 | Maintains | Buy | Get Alert |
| 04/29/2025 | Buy Now | 4.67% | JP Morgan | Harlan Sur78% | $325 → $330 | Maintains | Overweight | Get Alert |
| 04/29/2025 | Buy Now | 3.08% | Mizuho | Siti Panigrahi63% | $300 → $325 | Maintains | Outperform | Get Alert |
| 04/29/2025 | Buy Now | 3.08% | Baird | Joe Vruwink75% | $293 → $325 | Maintains | Outperform | Get Alert |
| 04/29/2025 | Buy Now | -4.85% | Rosenblatt | Blair Abernethy71% | $295 → $300 | Maintains | Neutral | Get Alert |
| 04/29/2025 | Buy Now | 3.08% | Needham | Charles Shi54% | $325 → $325 | Reiterates | Buy → Buy | Get Alert |
| 04/24/2025 | Buy Now | 3.08% | JP Morgan | Harlan Sur78% | $300 → $325 | Upgrade | Neutral → Overweight | Get Alert |
| 04/15/2025 | Buy Now | -4.85% | Mizuho | Siti Panigrahi63% | $350 → $300 | Maintains | Outperform | Get Alert |
| 03/19/2025 | Buy Now | -36.57% | Oppenheimer | Edward Yang33% | $225 → $200 | Maintains | Underperform | Get Alert |
| 02/20/2025 | Buy Now | 6.25% | Baird | Joe Vruwink75% | $340 → $335 | Maintains | Outperform | Get Alert |
| 02/19/2025 | Buy Now | 7.84% | Loop Capital | Gary Mobley70% | $360 → $340 | Maintains | Buy | Get Alert |
| 02/19/2025 | Buy Now | 11.01% | B of A Securities | Vivek Arya80% | $365 → $350 | Maintains | Buy | Get Alert |
| 02/19/2025 | Buy Now | -6.44% | Rosenblatt | Blair Abernethy71% | $280 → $295 | Maintains | Neutral | Get Alert |
| 02/19/2025 | Buy Now | 3.08% | Needham | Charles Shi54% | $325 → $325 | Reiterates | Buy → Buy | Get Alert |
| 02/19/2025 | Buy Now | 4.03% | Piper Sandler | Clarke Jeffries59% | $318 → $328 | Maintains | Overweight | Get Alert |
| 01/13/2025 | Buy Now | 11.01% | Redburn Atlantic | Lachlan Brown33% | → $350 | Initiates | → Buy | Get Alert |
| 12/13/2024 | Buy Now | 11.01% | Mizuho | Siti Panigrahi63% | $325 → $350 | Maintains | Outperform | Get Alert |
| 11/22/2024 | Buy Now | 11.01% | Wells Fargo | Joe Quatrochi44% | → $350 | Initiates | → Overweight | Get Alert |
| 11/11/2024 | Buy Now | 14.18% | Loop Capital | Gary Mobley70% | → $360 | Initiates | → Buy | Get Alert |
| 10/29/2024 | Buy Now | -11.19% | Rosenblatt | Blair Abernethy71% | $280 → $280 | Maintains | Neutral | Get Alert |
| 10/29/2024 | Buy Now | 7.84% | Baird | Joe Vruwink75% | $332 → $340 | Maintains | Outperform | Get Alert |
| 10/29/2024 | Buy Now | -0.09% | Needham | Charles Shi54% | $320 → $315 | Maintains | Buy | Get Alert |
| 10/22/2024 | Buy Now | 3.08% | Mizuho | Siti Panigrahi63% | → $325 | Initiates | → Outperform | Get Alert |
| 10/15/2024 | Buy Now | 1.49% | Berenberg | Nay Soe Naing72% | → $320 | Initiates | → Buy | Get Alert |
| 10/07/2024 | Buy Now | -11.19% | Rosenblatt | Blair Abernethy71% | $280 → $280 | Maintains | Neutral | Get Alert |
| 09/25/2024 | Buy Now | -28.64% | Oppenheimer | Edward Yang33% | → $225 | Initiates | → Underperform | Get Alert |
| 08/06/2024 | Buy Now | -11.19% | Rosenblatt | Blair Abernethy71% | $280 → $280 | Maintains | Neutral | Get Alert |
| 08/06/2024 | Buy Now | 0.86% | Piper Sandler | Clarke Jeffries59% | $318 → $318 | Upgrade | Neutral → Overweight | Get Alert |
| 07/23/2024 | Buy Now | 7.2% | Baird | Joe Vruwink75% | $341 → $338 | Maintains | Outperform | Get Alert |
| 07/23/2024 | Buy Now | 1.49% | Needham | Charles Shi54% | $320 → $320 | Reiterates | Buy → Buy | Get Alert |
| 07/10/2024 | Buy Now | 0.86% | Piper Sandler | Clarke Jeffries59% | $318 → $318 | Maintains | Neutral | Get Alert |
| 07/02/2024 | Buy Now | 8.15% | Baird | Joe Vruwink75% | $322 → $341 | Maintains | Outperform | Get Alert |
| 06/27/2024 | Buy Now | 12.59% | Keybanc | Jason Celino62% | $350 → $355 | Maintains | Overweight | Get Alert |
| 05/30/2024 | Buy Now | 11.01% | B of A Securities | Vivek Arya80% | $330 → $350 | Maintains | Buy | Get Alert |
| 05/17/2024 | Buy Now | 1.49% | Needham | Charles Shi54% | $320 → $320 | Reiterates | Buy → Buy | Get Alert |
| 04/23/2024 | Buy Now | 1.49% | Needham | Charles Shi54% | $320 → $320 | Reiterates | Buy → Buy | Get Alert |
| 04/23/2024 | Buy Now | 0.86% | Piper Sandler | Clarke Jeffries59% | $334 → $318 | Maintains | Neutral | Get Alert |
| 04/22/2024 | Buy Now | -11.19% | Rosenblatt | Blair Abernethy71% | $280 → $280 | Maintains | Neutral | Get Alert |
| 04/19/2024 | Buy Now | 1.49% | Needham | Charles Shi54% | $320 → $320 | Reiterates | Buy → Buy | Get Alert |
| 04/19/2024 | Buy Now | 2.13% | Baird | Joe Vruwink75% | $302 → $322 | Maintains | Outperform | Get Alert |
| 04/18/2024 | Buy Now | 2.13% | Baird | Joe Vruwink75% | $302 → $322 | Maintains | Outperform | Get Alert |
| 04/16/2024 | Buy Now | 11.01% | Wells Fargo | Gary Mobley70% | $330 → $350 | Maintains | Overweight | Get Alert |
| 04/15/2024 | Buy Now | 7.84% | Keybanc | Jason Celino62% | $335 → $340 | Maintains | Overweight | Get Alert |
| 04/04/2024 | Buy Now | 5.93% | Piper Sandler | Clarke Jeffries59% | → $334 | Initiates | → Neutral | Get Alert |
| 03/06/2024 | Buy Now | 1.49% | Needham | Charles Shi54% | $320 → $320 | Reiterates | Buy → Buy | Get Alert |
| 02/14/2024 | Buy Now | 11.01% | Morgan Stanley | Lee Simpson62% | $260 → $350 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 02/13/2024 | Buy Now | -11.19% | Rosenblatt | Blair Abernethy71% | $265 → $280 | Downgrade | Buy → Neutral | Get Alert |
| 02/13/2024 | Buy Now | -4.22% | Baird | Joe Vruwink75% | $289 → $302 | Maintains | Outperform | Get Alert |
| 02/13/2024 | Buy Now | 11.01% | Stifel | Ruben Roy81% | $300 → $350 | Maintains | Buy | Get Alert |
| 02/13/2024 | Buy Now | 1.49% | Needham | Charles Shi54% | $315 → $320 | Maintains | Buy | Get Alert |
| 02/13/2024 | Buy Now | 6.25% | Keybanc | Jason Celino62% | $325 → $335 | Maintains | Overweight | Get Alert |
| 02/06/2024 | Buy Now | 4.67% | Wells Fargo | Gary Mobley70% | $310 → $330 | Maintains | Overweight | Get Alert |
| 02/05/2024 | Buy Now | 3.08% | Keybanc | Jason Celino62% | $290 → $325 | Maintains | Overweight | Get Alert |
| 11/10/2023 | Buy Now | -17.54% | Morgan Stanley | Lee Simpson62% | → $260 | Initiates | → Equal-Weight | Get Alert |
| 10/24/2023 | Buy Now | -15.95% | Rosenblatt | Blair Abernethy71% | → $265 | Reiterates | Buy → Buy | Get Alert |
| 10/24/2023 | Buy Now | -15% | Needham | Charles Shi54% | → $268 | Reiterates | Buy → Buy | Get Alert |
| 10/19/2023 | Buy Now | -15.95% | Rosenblatt | Blair Abernethy71% | $250 → $265 | Maintains | Buy | Get Alert |
| 09/21/2023 | Buy Now | -20.71% | Rosenblatt | Blair Abernethy71% | → $250 | Reiterates | Buy → Buy | Get Alert |
| 09/14/2023 | Buy Now | -8.02% | Keybanc | Jason Celino62% | $270 → $290 | Maintains | Overweight | Get Alert |
| 08/25/2023 | Buy Now | -20.71% | Rosenblatt | Blair Abernethy71% | → $250 | Reiterates | Buy → Buy | Get Alert |
| 07/25/2023 | Buy Now | -9.61% | B of A Securities | Vivek Arya80% | $280 → $285 | Maintains | Buy | Get Alert |
| 07/25/2023 | Buy Now | -25.47% | Needham | Charles Shi54% | $235 → $235 | Reiterates | Buy → Buy | Get Alert |
| 07/25/2023 | Buy Now | -20.71% | Rosenblatt | Blair Abernethy71% | → $250 | Reiterates | Buy → Buy | Get Alert |
| 07/25/2023 | Buy Now | -14.36% | Keybanc | Jason Celino62% | $265 → $270 | Maintains | Overweight | Get Alert |
| 07/21/2023 | Buy Now | -20.71% | Rosenblatt | Blair Abernethy71% | $215 → $250 | Maintains | Buy | Get Alert |
| 07/20/2023 | Buy Now | -4.85% | Stifel | Ruben Roy81% | $210 → $300 | Upgrade | Hold → Buy | Get Alert |
| 07/18/2023 | Buy Now | -14.36% | Wells Fargo | Gary Mobley70% | $250 → $270 | Maintains | Overweight | Get Alert |
| 07/13/2023 | Buy Now | -15.95% | Keybanc | Jason Celino62% | $235 → $265 | Maintains | Overweight | Get Alert |
| 06/05/2023 | Buy Now | -20.71% | Wells Fargo | Gary Mobley70% | $235 → $250 | Maintains | Overweight | Get Alert |
| 04/26/2023 | Buy Now | -27.05% | Deutsche Bank | Gianmarco Conti73% | $222 → $230 | Maintains | Buy | Get Alert |
| 04/25/2023 | Buy Now | -23.88% | B of A Securities | Vivek Arya80% | $225 → $240 | Maintains | Buy | Get Alert |
| 04/25/2023 | Buy Now | -29.27% | Baird | Joe Vruwink75% | $215 → $223 | Maintains | Outperform | Get Alert |
| 04/25/2023 | Buy Now | -25.47% | Keybanc | Jason Celino62% | $225 → $235 | Maintains | Overweight | Get Alert |
| 04/11/2023 | Buy Now | -25.47% | Wells Fargo | Gary Mobley70% | $215 → $235 | Maintains | Overweight | Get Alert |
| 02/15/2023 | Buy Now | -29.59% | Deutsche Bank | Gianmarco Conti73% | $200 → $222 | Maintains | Buy | Get Alert |
| 02/14/2023 | Buy Now | -31.81% | Wells Fargo | Gary Mobley70% | $205 → $215 | Maintains | Overweight | Get Alert |
| 02/14/2023 | Buy Now | -31.81% | Baird | Joe Vruwink75% | $206 → $215 | Maintains | Outperform | Get Alert |
| 02/14/2023 | Buy Now | -36.57% | Rosenblatt | Blair Abernethy71% | $175 → $200 | Maintains | Buy | Get Alert |
| 02/14/2023 | Buy Now | -25.47% | Needham | Charles Shi54% | $200 → $235 | Maintains | Buy | Get Alert |
| 02/14/2023 | Buy Now | -28.64% | B of A Securities | Vivek Arya80% | $205 → $225 | Maintains | Buy | Get Alert |
| 02/14/2023 | Buy Now | -28.64% | Keybanc | Jason Celino62% | $215 → $225 | Maintains | Overweight | Get Alert |
| 01/17/2023 | Buy Now | -36.57% | Atlantic Equities | Peter Sazel49% | → $200 | Upgrade | Neutral → Overweight | Get Alert |
| 12/16/2022 | Buy Now | -34.98% | B of A Securities | Vivek Arya80% | $185 → $205 | Upgrade | Neutral → Buy | Get Alert |
| 10/24/2022 | Buy Now | -44.5% | Rosenblatt | Blair Abernethy71% | $185 → $175 | Maintains | Buy | Get Alert |
| 09/29/2022 | Buy Now | -36.57% | Deutsche Bank | Johannes Schaller51% | → $200 | Initiates | → Buy | Get Alert |
| 09/08/2022 | Buy Now | -36.57% | Stifel | Ruben Roy81% | → $200 | Initiates | → Hold | Get Alert |
| 08/17/2022 | Buy Now | -33.39% | Wolfe Research | Gal Munda49% | → $210 | Initiates | → Outperform | Get Alert |
| 07/26/2022 | Buy Now | -41.32% | Rosenblatt | Blair Abernethy71% | $170 → $185 | Maintains | Buy | Get Alert |
| 07/26/2022 | Buy Now | -36.57% | Needham | Charles Shi54% | $193 → $200 | Maintains | Buy | Get Alert |
| 06/29/2022 | Buy Now | -44.5% | B of A Securities | Vivek Arya80% | $160 → $175 | Upgrade | Underperform → Neutral | Get Alert |
FAQ
What is the target price for Cadence Design Systems (CDNS) stock?
The latest price target for Cadence Design Systems (NASDAQ:CDNS) was reported by Wells Fargo on May 16, 2025. The analyst firm set a price target for $365.00 expecting CDNS to rise to within 12 months (a possible 15.77% upside). 37 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cadence Design Systems (CDNS)?
The latest analyst rating for Cadence Design Systems (NASDAQ:CDNS) was provided by Wells Fargo, and Cadence Design Systems maintained their overweight rating.
When was the last upgrade for Cadence Design Systems (CDNS)?
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.
When was the last downgrade for Cadence Design Systems (CDNS)?
The last downgrade for Cadence Design Systems Inc happened on February 13, 2024 when Rosenblatt changed their price target from $265 to $280 for Cadence Design Systems Inc.
When is the next analyst rating going to be posted or updated for Cadence Design Systems (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 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 May 16, 2025 so you should expect the next rating to be made available sometime around May 16, 2026.
Is the Analyst Rating Cadence Design Systems (CDNS) correct?
While ratings are subjective and will change, the latest Cadence Design Systems (CDNS) rating was a maintained with a price target of $350.00 to $365.00. The current price Cadence Design Systems (CDNS) is trading at is $315.29, which is out of the analyst’s predicted range.
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