April 28, 2025 a 01:00 pm
CDNS: Analysts Ratings - Cadence Design Systems, Inc.
Cadence Design Systems, Inc. continues to be a focal point for analysts due to its robust software offerings and services in the semiconductor space. Analyst sentiment over recent months has been a mix of positive with a notable number of Buy ratings. Significant interest comes from its strengths in functional verification and IP products, serving diverse markets such as 5G communications and automotive. The market holds an optimistic outlook with potential growth drivers in the evolving tech landscape.
Historical Stock Grades
The analyst ratings for Cadence Design Systems in the last months show a steady view with a leaning towards a positive outlook. Here's a snapshot from the latest available data:
| Recommendation | Count | Score Bar |
|---|---|---|
| Strong Buy | 6 | |
| Buy | 13 | |
| Hold | 3 | |
| Sell | 1 | |
| Strong Sell | 0 |
Sentiment development
Recent data indicates relatively stable enthusiasm for Cadence Design with slight changes noted monthly in analyst ratings. Cumulative ratings show:
- A consistent number of ratings over the months with minor fluctuations.
- Stable Buy recommendations suggesting continued confidence in Cadence's business model.
- Hold recommendations have remained consistent, indicating limited anticipation for risk.
Percentage trends
The distribution of analyst ratings over recent months shows intriguing changes as detailed below:
- Strong Buy recommendations have seen a recent increase from early 2024.
- Buy ratings contribute significantly to the overall sentiment composition.
- The proportion of Sell and Strong Sell recommendations remains negligible.
- There is a visible, albeit minor, shift towards more aggressive ratings, demonstrating growing market confidence in the company's potential.
Latest Analyst Recommendations
Recent analyst actions reflect sustained interest and analysis of Cadence Design Systems:
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-04-24 | Overweight | Neutral | JP Morgan |
| 2025-04-15 | Outperform | Outperform | Mizuho |
| 2025-03-19 | Underperform | Underperform | Oppenheimer |
| 2025-02-20 | Outperform | Outperform | Baird |
| 2025-02-19 | Buy | Buy | Needham |
Analyst Recommendations with Change of Opinion
A few analysts have shifted their stance on Cadence Design Systems, providing fresh perspectives:
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-04-24 | Overweight | Neutral | JP Morgan |
| 2024-08-06 | Overweight | Neutral | Piper Sandler |
| 2024-02-14 | Overweight | Equal Weight | Morgan Stanley |
| 2024-02-13 | Neutral | Buy | Rosenblatt |
| 2023-07-20 | Buy | Hold | Stifel |
Interpretation
The current analysis of Cadence Design Systems, Inc.'s market sentiment suggests a cautiously optimistic outlook. A broad consensus among analysts points to confidence in the company's growth prospects, yet with a tempered approach seen in the steady number of Hold ratings. Changes in recommendations indicate adaptive strategies from analysts as they assess the company's expanding role in tech-driven sectors. The underlying sentiment suggests moderate confidence paired with a watchful approach towards market developments.
Conclusion
Cadence Design Systems, Inc. stands out for its technology leadership in the IC design tools space, reflected in buoyant analyst sentiment. The even distribution of ratings with a tilt towards Buy insights conveys optimistic expectations for future performance. Analyst recommendations exhibit consistency, highlighting a reliable perception of the company. Risks might center on market shifts or technological disruptions, but the broad sentiment remains positive, signaling potential upward momentum driven by its strategic market positions.