NASDAQ:CDNS - Cadence Design Systems Price Target & Analyst Ratings

$69.64
+0.21 (+0.30 %)
(As of 06/26/2019 02:43 PM ET)
Today's Range
$69.65
Now: $69.64
$70.74
50-Day Range
$62.39
MA: $67.11
$72.56
52-Week Range
$39.08
Now: $69.64
$73.09
Volume80,178 shs
Average Volume2.55 million shs
Market Capitalization$19.57 billion
P/E Ratio56.98
Dividend YieldN/A
Beta1.15

Analyst Ratings

Cadence Design Systems (NASDAQ:CDNS) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
10 Wall Street analysts have issued ratings and price targets for Cadence Design Systems in the last 12 months. Their average twelve-month price target is $59.00, suggesting that the stock has a possible downside of 15.28%. The high price target for CDNS is $73.00 and the low price target for CDNS is $50.00. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.502.502.572.57
Ratings Breakdown: 0 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $59.00$59.00$53.7143$50.2857
Price Target Upside: 15.28% downside13.35% downside11.45% downside17.57% upside

Cadence Design Systems (NASDAQ:CDNS) Consensus Price Target History

Price Target History for Cadence Design Systems (NASDAQ:CDNS)

Cadence Design Systems (NASDAQ:CDNS) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/14/2019Wells Fargo & CoInitiated CoverageMarket Perform ➝ Market PerformMediumView Rating Details
4/24/2019Credit Suisse GroupBoost Price TargetNeutral$46.00 ➝ $62.00LowView Rating Details
4/23/2019Royal Bank of CanadaBoost Price TargetOutperform$73.00MediumView Rating Details
4/23/2019Needham & Company LLCBoost Price TargetBuy ➝ Positive$71.00MediumView Rating Details
4/23/2019DA DavidsonReiterated RatingBuyHighView Rating Details
4/10/2019KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLowView Rating Details
11/20/2018Berenberg BankInitiated CoverageHold ➝ Hold$50.00LowView Rating Details
10/23/2018BenchmarkUpgradeHold ➝ Buy$51.00HighView Rating Details
10/23/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$49.00 ➝ $51.00HighView Rating Details
7/24/2018Griffin SecuritiesBoost Price TargetBuy$50.00 ➝ $52.00HighView Rating Details
7/25/2017Bank of AmericaBoost Price TargetBuy$38.00 ➝ $41.00MediumView Rating Details
(Data available from 6/26/2017 forward)
This page was last updated on 6/26/2019 by MarketBeat.com Staff

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