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CDNS Buy
CADENCE DESIGN SYSTEMS INC
Current Price —
Implied Upside —
Analysts 31
30-Day Momentum
▲ 0 upgrades / ▼ 0 downgrades / 1 reiterations from 1 firms
Rating Timeline
| Date ▼ | Firm | Action | From → To Rating | Price Target | Firm Rating |
|---|---|---|---|---|---|
| Oct 23, 2026 | Rosenblatt | maintain | Buy → Buy | $420 | 55% |
| Jul 28, 2026 | B of A Securities | maintain | Buy → Buy | $420 | 53% |
| Jul 28, 2026 | Rosenblatt | maintain | Buy → Buy | $420 | 55% |
| Jul 28, 2026 | Citigroup | maintain | Buy → Buy | $420 | 54% |
| Jul 28, 2026 | Baird | maintain | Outperform → Outperform | $420 | 55% |
| Jul 28, 2026 | Needham | reiterate | Buy → Buy | $400 | 50% |
| Jul 28, 2026 | Piper Sandler | maintain | Neutral → Neutral | $349 | 54% |
| Jul 16, 2026 | Benchmark | initiate | — → Buy | $450 | 54% |
| Jul 14, 2026 | Rosenblatt | maintain | Buy → Buy | $410 | 55% |
| Jun 9, 2026 | Stifel | maintain | Buy → Buy | $432 | 53% |
| May 26, 2026 | Wells Fargo | maintain | Overweight → Overweight | $425 | 54% |
| Apr 29, 2026 | Citigroup | maintain | Buy → Buy | $400 | 54% |
| Apr 28, 2026 | Wells Fargo | maintain | Overweight → Overweight | $400 | 54% |
| Apr 28, 2026 | Keybanc | maintain | Overweight → Overweight | $425 | 53% |
| Apr 28, 2026 | Rosenblatt | maintain | Buy → Buy | $375 | 55% |
| Apr 28, 2026 | Baird | maintain | Outperform → Outperform | $385 | 55% |
| Apr 28, 2026 | Needham | reiterate | Buy → Buy | $400 | 50% |
| Apr 28, 2026 | Piper Sandler | maintain | Neutral → Neutral | $325 | 54% |
| Apr 24, 2026 | Rosenblatt | maintain | Buy → Buy | $360 | 55% |
| Apr 20, 2026 | Needham | maintain | Buy → Buy | $400 | 50% |
| Feb 26, 2026 | Rosenblatt | maintain | Buy → Buy | $360 | 55% |
| Feb 18, 2026 | Wells Fargo | maintain | Overweight → Overweight | $375 | 54% |
| Feb 18, 2026 | Rosenblatt | upgrade | Neutral → Buy | $360 | 55% |
| Feb 18, 2026 | Piper Sandler | maintain | Neutral → Neutral | $319 | 54% |
| Feb 18, 2026 | Morgan Stanley | maintain | Overweight → Overweight | $370 | 54% |
| Feb 18, 2026 | Needham | reiterate | Buy → Buy | $390 | 50% |
| Feb 17, 2026 | Rosenblatt | maintain | Neutral → Neutral | $335 | 55% |
| Dec 22, 2025 | Needham | reiterate | Buy → Buy | $390 | 50% |
| Nov 24, 2025 | Citigroup | initiate | — → Buy | $385 | 54% |
| Oct 28, 2025 | Oppenheimer | maintain | Underperform → Underperform | $225 | 52% |
| Oct 28, 2025 | Wells Fargo | maintain | Overweight → Overweight | $410 | 54% |
| Oct 28, 2025 | Baird | maintain | Outperform → Outperform | $418 | 55% |
| Oct 28, 2025 | JP Morgan | maintain | Overweight → Overweight | $405 | 54% |
| Oct 28, 2025 | Rosenblatt | maintain | Neutral → Neutral | $335 | 55% |
| Oct 28, 2025 | Needham | reiterate | Buy → Buy | $390 | 50% |
| Oct 22, 2025 | Rosenblatt | maintain | Neutral → Neutral | $320 | 55% |
| Jul 29, 2025 | Loop Capital | maintain | Buy → Buy | $390 | 54% |
| Jul 29, 2025 | JP Morgan | maintain | Overweight → Overweight | $390 | 54% |
| Jul 29, 2025 | Wells Fargo | maintain | Overweight → Overweight | $405 | 54% |
| Jul 29, 2025 | Keybanc | maintain | Overweight → Overweight | $405 | 53% |
| Jul 29, 2025 | Stifel | maintain | Buy → Buy | $395 | 53% |
| Jul 29, 2025 | Rosenblatt | maintain | Neutral → Neutral | $320 | 55% |
| Jul 29, 2025 | Piper Sandler | downgrade | Overweight → Neutral | $355 | 54% |
| Jul 29, 2025 | Mizuho | maintain | Outperform → Outperform | $375 | 52% |
| Jul 29, 2025 | Needham | maintain | Buy → Buy | $390 | 50% |
| Jul 28, 2025 | Baird | maintain | Outperform → Outperform | $380 | 55% |
| Jul 25, 2025 | Rosenblatt | maintain | Neutral → Neutral | $300 | 55% |
| Jul 22, 2025 | Mizuho | maintain | Outperform → Outperform | $360 | 52% |
| Jul 14, 2025 | Loop Capital | maintain | Buy → Buy | $370 | 54% |
| Jul 10, 2025 | Goldman Sachs | initiate | — → Buy | $380 | 54% |
Price Target Trend
Aug 23, 2026 Oct 26, 2026
EPS Estimates
+1q —
+1y —
0q —
0y —
Cross-Platform Signals
No cross-platform signals in the last 90 days