Consensus Cadence Design Systems, Inc.

Equities

CDNS

US1273871087

Real-time Estimate Cboe BZX 02:20:00 2024-04-19 pm EDT 5-day change 1st Jan Change
282.5 USD -1.18% Intraday chart for Cadence Design Systems, Inc. -7.43% +3.95%

Evolution of the average Target Price on Cadence Design Systems, Inc.

Price target over the last 5 years

History of analyst recommendation changes

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Baird Adjusts Cadence Design Systems Price Target to $322 From $302 MT
Cadence Design Systems Insider Sold Shares Worth $463,238, According to a Recent SEC Filing MT
Wells Fargo Adjusts Cadence Design Systems' Price Target to $350 From $330, Keeps Overweight Rating MT
Deutsche Bank Adjusts Cadence Design Systems' Price Target to $338 From $326, Keeps Buy Rating MT
KeyBanc Adjusts Cadence Design Systems Price Target to $340 From $335, Maintains Overweight Rating MT
Piper Sandler Initiates Coverage on Cadence Design Systems With Neutral Rating, $334 Price Target MT
Cadence Design Systems Insider Sold Shares Worth $6,757,342, According to a Recent SEC Filing MT
Morgan Stanley Upgrades Cadence Design Systems to Overweight From Equalweight, Adjusts Price Target to $350 From $260 MT
Wall St sinks as hot inflation data dampens early rate-cut hopes RE
Wall St to open lower as hot inflation data stokes rate-cut uncertainty RE
Wait... Not so fast! Our Logo
Wolfe Research Adjusts Cadence Design Systems Price Target to $320 From $248, Maintains Outperform Rating MT
Stifel Adjusts Cadence Design Systems Price Target to $350 From $300, Maintains Buy Rating MT
JPMorgan Adjusts Cadence Design Systems Price Target to $300 From $250, Maintains Neutral Rating MT
Baird Adjusts Cadence Design Systems Price Target to $302 From $289, Maintains Outperform Rating MT
Needham Adjusts Cadence Design Systems Price Target to $320 From $315, Maintains Buy Rating MT
Rosenblatt Securities Downgrades Cadence Design Systems to Neutral From Buy, Adjusts Price Target to $280 From $265 MT
KeyBanc Raises Price Target on Cadence Design to $335 From $325, Keeps Overweight Rating MT
ANALYST RECOMMENDATIONS : PayPal, United Airlines, Nvidia, Home Depot, Wizz Air... Our Logo
Wells Fargo Adjusts Cadence Design Systems' Price Target to $330 From $310, Maintains Overweight Rating MT
KeyBanc Adjusts Price Target on Cadence Design Systems to $325 From $290, Maintains Overweight Rating MT
ANALYST RECOMMENDATIONS : Adobe, AMD, Astrazeneca, Home Depot, Netflix... Our Logo
BofA Securities Raises Price Target on Cadence Design Systems to $315 From $305, Maintains Buy Rating MT
ANALYST RECOMMENDATIONS : Accenture, Alphabet, Boeing, Shopify, Uber... Our Logo
Redburn Raises Price Target on Cadence Design Systems to $300 From $240, Maintains Buy Rating MT
More recommendations

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
285.9 USD
Average target price
323.8 USD
Spread / Average Target
+13.25%
High Price Target
350 USD
Spread / Highest target
+22.42%
Low Price Target
240 USD
Spread / Lowest Target
-16.05%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Cadence Design Systems, Inc.

Baird
Wells Fargo Securities
Deutsche Bank Securities
KeyBanc Capital Markets
Piper Sandler
Morgan Stanley
JPMorgan Chase
Wolfe Research
Stifel Nicolaus
Needham & Co.
Rosenblatt Securities
BofA Securities
Redburn
Morningstar
Berenberg Bank
Atlantic Equities
UBS
Credit Suisse
WestPark Capital
Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
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