Cadence Design Systems, Inc. (CDNS) is currently trading at $326.13. Based on 26 Wall Street analysts, the average target price is $405.47, implying a 24.3% upside. The consensus recommendation is STRONG BUY.
No firm-level price target raises or cuts for CDNS are recorded in the past 30 days. Over the past 90 days, the feed records 7 target raises and 0 target cuts for CDNS.
Cadence Design Systems, Inc.
Opinion Criteria: Based on the consensus of Wall Street analysts. Strong Buy (1.0-1.5), Buy (1.5-2.5), Hold (2.5-3.5), Sell (3.5-4.5), Strong Sell (4.5-5.0).
Price (USD)
Low–high band from analyst PT changes in the last 3 months; median & sample mean vs current price
| Firm | Date | PT action | Prior → Current |
|---|---|---|---|
| B of A Securities | Jul 28, 2026 | Raises | $400.00 → $420.00 |
| Rosenblatt | Jul 28, 2026 | Raises | $410.00 → $420.00 |
| Citigroup | Jul 28, 2026 | Raises | $400.00 → $420.00 |
| Baird | Jul 28, 2026 | Raises | $415.00 → $420.00 |
| Needham | Jul 28, 2026 | Maintains | $400.00 → $400.00 |
| Piper Sandler | Jul 28, 2026 | Raises | $325.00 → $349.00 |
| Benchmark | Jul 16, 2026 | Announces | $0.00 → $450.00 |
| Rosenblatt | Jul 14, 2026 | Raises | $375.00 → $410.00 |
| Stifel | Jun 9, 2026 | Raises | $395.00 → $432.00 |
| Wells Fargo | May 26, 2026 | Raises | $400.00 → $425.00 |
| Citigroup | Apr 29, 2026 | Raises | $385.00 → $400.00 |
| Wells Fargo | Apr 28, 2026 | Raises | $375.00 → $400.00 |
| Keybanc | Apr 28, 2026 | Raises | $405.00 → $425.00 |
| Rosenblatt | Apr 28, 2026 | Raises | $360.00 → $375.00 |
| Baird | Apr 28, 2026 | Raises | $381.00 → $385.00 |
| Needham | Apr 28, 2026 | Maintains | $400.00 → $400.00 |
| Piper Sandler | Apr 28, 2026 | Raises | $319.00 → $325.00 |
| Rosenblatt | Apr 24, 2026 | Maintains | $360.00 → $360.00 |
| Needham | Apr 20, 2026 | Raises | $390.00 → $400.00 |
| Rosenblatt | Feb 26, 2026 | Maintains | $360.00 → $360.00 |
PT action: Raises
$400.00 → $420.00
PT action: Raises
$410.00 → $420.00
PT action: Raises
$400.00 → $420.00
PT action: Raises
$415.00 → $420.00
PT action: Maintains
$400.00 → $400.00
PT action: Raises
$325.00 → $349.00
PT action: Announces
$0.00 → $450.00
PT action: Raises
$375.00 → $410.00
PT action: Raises
$395.00 → $432.00
PT action: Raises
$400.00 → $425.00
PT action: Raises
$385.00 → $400.00
PT action: Raises
$375.00 → $400.00
PT action: Raises
$405.00 → $425.00
PT action: Raises
$360.00 → $375.00
PT action: Raises
$381.00 → $385.00
PT action: Maintains
$400.00 → $400.00
PT action: Raises
$319.00 → $325.00
PT action: Maintains
$360.00 → $360.00
PT action: Raises
$390.00 → $400.00
PT action: Maintains
$360.00 → $360.00
Band uses only the revised target (Current column) from firm actions dated within the last 3 months—not the Prior price.
$405.47
Based on 26 analysts
+24.33%
$89.81B
Counts and listings exclude stock awards, gifts, and option exercises—open-market purchases and sales only.
No major insider buying detected recently.
| Date | Name | Position | Transaction | Shares |
|---|---|---|---|---|
| 9/15/2026 | CUNNINGHAM PAUL ALEXANDER | Officer | Sale at price 277.12 per share. | 2,000 |
| 9/10/2026 | BRENNAN ITA M | Director | Sale at price 284.44 - 287.79 per share. | 180 |
| 8/26/2026 | SCANNELL PAUL | Officer | Sale at price 339.00 per share. | 280 |
| 8/25/2026 | SANGIOVANNI VINCENTELLI ALBERTO | Director | Sale at price 318.33 - 324.66 per share. | 1,250 |
| 8/21/2026 | TENG CHIN-CHI | Officer | Sale at price 314.49 per share. | 4,732 |
| 8/17/2026 | CUNNINGHAM PAUL ALEXANDER | Officer | Sale at price 323.32 per share. | 2,000 |
| 7/22/2026 | TENG CHIN-CHI | Officer | Sale at price 335.70 - 345.16 per share. | 4,500 |
| 7/15/2026 | CUNNINGHAM PAUL ALEXANDER | Officer | Sale at price 383.36 per share. | 2,000 |
| 6/22/2026 | TENG CHIN-CHI | Officer | Sale at price 379.18 - 390.92 per share. | 4,500 |
| 6/15/2026 | CUNNINGHAM PAUL ALEXANDER | Officer | Sale at price 391.00 per share. | 2,000 |
A. The current target price for Cadence Design Systems, Inc. is $405.47, which implies a 24.3% upside from the current price of $326.13. This is based on the consensus of 26 Wall Street analysts.
A. Currently, there are 5 Strong Buy, 18 Buy, 2 Hold, 0 Sell, and 0 Strong Sell ratings. The overall consensus is STRONG BUY.
A. Over the past 6 months, there have been 0 insider buys and 10 insider sells. Insider selling is more prominent recently.
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