Weekly Research Analysts’ Ratings Changes for Cadence Design Systems (CDNS)

A number of firms have modified their ratings and price targets on shares of Cadence Design Systems (NASDAQ: CDNS) recently:

• 10/20/2026 – Cadence Design Systems was downgraded by Wall Street Zen from “buy” to “hold”.
• 10/12/2026 – Cadence Design Systems was upgraded by Wall Street Zen from “hold” to “buy”.
• 10/7/2026 – Cadence Design Systems had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $420.00 price target on the stock, up from $400.00.
• 10/4/2026 – Cadence Design Systems was downgraded by Wall Street Zen from “buy” to “hold”.
• 9/26/2026 – Cadence Design Systems was upgraded by Wall Street Zen from “hold” to “buy”.
• 9/25/2026 – Cadence Design Systems was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 9/12/2026 – Cadence Design Systems was downgraded by Wall Street Zen from “buy” to “hold”.
• 9/11/2026 – Cadence Design Systems is now covered by FBN Securities. They set an “outperform” rating and a $375.00 price target on the stock.
• 9/11/2026 – Cadence Design Systems was upgraded by FBN Securities to “strong-buy”.

Insider Buying and Selling

In other Cadence Design Systems news, VP Paul Cunningham sold 2,000 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $277.12, for a total transaction of $554,240.00. Following the transaction, the vice president owned 121,793 shares in the company, valued at $33,751,276.16. This trade represents a 1.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Scannell sold 280 shares of the business’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $339.00, for a total transaction of $94,920.00. Following the transaction, the vice president directly owned 31,720 shares of the company’s stock, valued at approximately $10,753,080. This represents a 0.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,960 shares of company stock valued at $2,834,139 in the last three months. 0.49% of the stock is currently owned by corporate insiders.

Cadence Design Systems, Inc develops computational software, hardware, and semiconductor intellectual property used to design and verify electronic systems and integrated circuits. Its electronic design automation (EDA) solutions support chip development across areas such as digital and custom IC design, functional verification, emulation, prototyping, and system analysis.

The company also provides semiconductor IP, including processor cores, interconnect technologies, memory interfaces, and other building blocks that help customers develop complex chips.