Cadence Design Systems (NASDAQ:CDNS) Price Target Cut to $319.00 by Analysts at Piper Sandler

Cadence Design Systems (NASDAQ:CDNS) had its price target reduced by Piper Sandler from $355.00 to $319.00 in a research report report published on Wednesday,Benzinga reports. They currently have a neutral rating on the software maker’s stock.

CDNS has been the subject of several other research reports. JPMorgan Chase & Co. increased their price objective on Cadence Design Systems from $390.00 to $405.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. KeyCorp restated an “overweight” rating and set a $405.00 price objective on shares of Cadence Design Systems in a report on Tuesday, October 28th. Wells Fargo & Company lowered their target price on shares of Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating for the company in a research note on Wednesday. Wolfe Research reissued an “outperform” rating and set a $385.00 target price on shares of Cadence Design Systems in a research report on Tuesday, October 28th. Finally, Rosenblatt Securities raised shares of Cadence Design Systems from a “neutral” rating to a “buy” rating and raised their price target for the stock from $335.00 to $360.00 in a report on Wednesday. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Cadence Design Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $376.50.

Cadence Design Systems Stock Performance

CDNS stock opened at $305.01 on Wednesday. Cadence Design Systems has a one year low of $221.56 and a one year high of $376.45. The firm has a market cap of $83.02 billion, a price-to-earnings ratio of 75.13, a PEG ratio of 3.15 and a beta of 1.01. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.84 and a current ratio of 3.05. The firm has a 50-day simple moving average of $309.22 and a two-hundred day simple moving average of $328.72.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.08. Cadence Design Systems had a net margin of 20.93% and a return on equity of 30.04%. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the previous year, the firm earned $1.88 EPS. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. Cadence Design Systems has set its Q1 2026 guidance at 1.890-1.950 EPS and its FY 2026 guidance at 8.050-8.150 EPS. On average, equities analysts forecast that Cadence Design Systems will post 5.41 EPS for the current fiscal year.

Insider Transactions at Cadence Design Systems

In other Cadence Design Systems news, VP Paul Scannell sold 5,490 shares of Cadence Design Systems stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $339.43, for a total transaction of $1,863,470.70. Following the completion of the transaction, the vice president owned 20,321 shares in the company, valued at approximately $6,897,557.03. This trade represents a 21.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Paul Cunningham sold 1,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $295.09, for a total value of $295,090.00. Following the completion of the transaction, the vice president directly owned 95,137 shares of the company’s stock, valued at approximately $28,073,977.33. This trade represents a 1.04% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 56,475 shares of company stock valued at $18,505,486. 1.99% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Y.D. More Investments Ltd acquired a new position in shares of Cadence Design Systems in the 3rd quarter valued at $26,000. Caitlin John LLC purchased a new position in Cadence Design Systems in the third quarter valued at $29,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Cadence Design Systems in the fourth quarter worth about $28,000. Imprint Wealth LLC purchased a new stake in shares of Cadence Design Systems during the 3rd quarter worth about $31,000. Finally, Swiss RE Ltd. acquired a new stake in shares of Cadence Design Systems during the 4th quarter valued at about $29,000. 84.85% of the stock is owned by institutional investors and hedge funds.

Key Cadence Design Systems News

Here are the key news stories impacting Cadence Design Systems this week:

• Positive Sentiment: Q4 beat and raised guidance — Cadence reported Q4 revenue and EPS above expectations and issued Q1 and full‑year FY2026 guidance well ahead of Street models (Q1 adj. EPS 1.89–1.95; FY EPS 8.05–8.15), underpinning the rally. Cadence Reports Fourth Quarter and Fiscal Year 2025 Financial Results
• Positive Sentiment: AI and custom‑chip demand driving upside — Management emphasized AI-related demand across its portfolio and said the trend toward companies building custom chips should accelerate end market spending on Cadence tools. Cadence Design Systems Earnings Call Highlights AI Surge
• Positive Sentiment: Market coverage and analyst upgrades — Several firms raised/adjusted forecasts after the print (Needham reaffirmed buy with a high PT; Rosenblatt upgraded to buy), supporting investor confidence. These Analysts Revise Their Forecasts On Cadence Design Systems Following Q4 Results
• Neutral Sentiment: Mixed analyst target moves — Some shops trimmed price targets (Piper Sandler, Morgan Stanley nudged targets lower but kept constructive stances in places), creating a mix of support and caution. CDNS Price Target Commentary
• Neutral Sentiment: Options flow — Elevated put volume was reported (roughly 8,675 puts traded, ~172% above normal), which could reflect hedging or short‑term speculation rather than directional conviction.
• Negative Sentiment: Investor and insider signals — Data show notable insider selling activity and some analysts/notes (and commentary calling the stock “overpriced”) that remind investors valuation is high after the run. Cadence Design Systems (CDNS) stock rises on Q4 2025 Earnings
• Negative Sentiment: Contrarian takes and selective downgrades — Some research (e.g., Seeking Alpha commentary and an underperform from a firm earlier) argue the shares may be richly valued, which could cap upside if growth disappoints. Cadence: A Strong Company, But Overpriced

Cadence Design Systems Company Profile

Cadence Design Systems, Inc (NASDAQ: CDNS) is a global provider of electronic design automation (EDA) software, hardware and intellectual property used to design and verify advanced semiconductor chips, systems-on-chip (SoCs), printed circuit boards (PCBs) and packaging. Headquartered in San Jose, California and founded in 1988, Cadence serves semiconductor companies, original equipment manufacturers and system designers across the globe, helping customers accelerate design cycles and manage the complexity of modern integrated systems.

The company’s offerings span software tools for digital, custom/analog and mixed-signal design, verification and signoff, as well as solutions for system-level modeling, thermal and signal integrity analysis, and PCB and package design.