tradingview.comOct 27$CDNS

Cadence Design Systems, Inc. Stock 12‑Month Price Target Raised to $414.61, Implies 29% Upside

Analysts raised Cadence Design Systems' (CDNS) average price target to $414.61, up from $411.35, with a range of $300-$470. This implies a 29% upside from the Oct. 26 closing price. The consensus rating remains 'Buy' among 28 analysts.

Original reporting

tradingview.com

Published Oct 27, 2026, 7:20 PM UTC

Analysis

AlphAI AI DeskAI-generated

Added to AlphAI Oct 27, 2026, 7:46 PM UTC. Informational, not investment advice.

How this was made

AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

About AlphAI AI Desk Scoring methodology Report an issue

Cadence Design Systems, Inc. Stock 12‑Month Price Target Raised to $414.61, Implies 29% Upside — source image — Source · tradingview.com

Decision brief

The 30-second read

$CDNSBullishMed

Why it matters

The upward revision suggests improved growth expectations, possibly prompting short‑covering and new buying.

Market read

Analyst target lift signals a bullish outlook for CDNS, potentially influencing short‑term price action.

What to watch

Potential supply‑chain constraints for Cadence's customers could temper upside.

Relevance 6/10Novelty 6/10Timing: immediate

Background

Cadence Design Systems provides electronic design automation tools; analyst consensus remains a Buy.

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$CDNSBullishHigh confidence

Context

Analyst consensus price target raised to $414.61, implying ~29% upside versus the recent close.

Expected impact

upward pressure as investors price in the new target

Evidence & confidence

The target increase is a fresh analyst action and signals improved expectations.

Market effects

Sector

May lift sentiment for the EDA software sector.

Regional

Limited to U.S. and global tech investors tracking Cadence.

Global

Minor, confined to semiconductor design tools niche.

Counterpoint

What could challenge this read

Target raise could be premature if broader market volatility persists.

Key entities

company
Cadence Design Systems, Inc.
Provider of EDA software, ticker CDNS.

Read at source ← All news

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