The latest price target for Cadence Design Sys (NASDAQ:CDNS) was reported by Loop Capital on November 11, 2024. The analyst firm set a price target for $360.00 expecting CDNS to rise to within 12 months (a possible 24.26% upside). 35 analyst firms have reported ratings in the last year.

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

The last upgrade for Cadence Design Systems Inc happened on August 6, 2024 when Piper Sandler raised their price target to $318. Piper Sandler previously had a neutral for Cadence Design Systems Inc.

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.

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 November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

While ratings are subjective and will change, the latest Cadence Design Sys (CDNS) rating was a initiated with a price target of $0.00 to $360.00. The current price Cadence Design Sys (CDNS) is trading at is $289.71, which is within the analyst’s predicted range.