Analysts’ Weekly Ratings Updates for Cadence Design Systems (CDNS)

A number of firms have modified their ratings and price targets on shares of Cadence Design Systems (NASDAQ: CDNS) recently:

• 10/28/2025 – Cadence Design Systems had its price target raised by analysts at Oppenheimer Holdings, Inc. from $200.00 to $225.00. They now have an “underperform” rating on the stock.
• 10/28/2025 – Cadence Design Systems had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $405.00 price target on the stock.
• 10/28/2025 – Cadence Design Systems had its price target raised by analysts at Wells Fargo & Company from $405.00 to $410.00. They now have an “overweight” rating on the stock.
• 10/28/2025 – Cadence Design Systems had its “outperform” rating reaffirmed by analysts at Wolfe Research. They now have a $385.00 price target on the stock.
• 10/28/2025 – Cadence Design Systems had its price target raised by analysts at JPMorgan Chase & Co. from $390.00 to $405.00. They now have an “overweight” rating on the stock.
• 10/28/2025 – Cadence Design Systems had its price target raised by analysts at Robert W. Baird from $390.00 to $418.00. They now have an “outperform” rating on the stock.
• 10/28/2025 – Cadence Design Systems had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $390.00 price target on the stock.
• 10/28/2025 – Cadence Design Systems had its price target raised by analysts at Rosenblatt Securities from $320.00 to $335.00. They now have a “neutral” rating on the stock.
• 10/22/2025 – Cadence Design Systems had its “neutral” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $320.00 price target on the stock.
• 10/8/2025 – Cadence Design Systems had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 10/2/2025 – Cadence Design Systems is now covered by analysts at BNP Paribas. They set an “outperform” rating and a $400.00 price target on the stock.
• 10/2/2025 – Cadence Design Systems is now covered by analysts at BNP Paribas. They set an “outperform” rating on the stock.
• 10/2/2025 – Cadence Design Systems is now covered by analysts at BNP Paribas Exane. They set an “outperform” rating and a $400.00 price target on the stock.
• 9/27/2025 – Cadence Design Systems had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 9/21/2025 – Cadence Design Systems was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 9/13/2025 – Cadence Design Systems was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.

Insider Buying and Selling at Cadence Design Systems

In related news, CFO John M. Wall sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $349.16, for a total value of $2,618,700.00. Following the completion of the sale, the chief financial officer directly owned 70,715 shares in the company, valued at approximately $24,690,849.40. This trade represents a 9.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ita M. Brennan sold 180 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $334.51, for a total transaction of $60,211.80. Following the transaction, the director directly owned 7,830 shares in the company, valued at $2,619,213.30. This represents a 2.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 9,680 shares of company stock valued at $3,371,132. 0.37% of the stock is currently owned by corporate insiders.

Cadence Design Systems, Inc provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.