Mizuho initiated coverage on Cadence Design with a new price target
$CDNS
Computer Software: Prepackaged Software
Technology
Mizuho initiated coverage of Cadence Design with a rating of Outperform and set a new price target of $325.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/29/2025 | $355.00 | Overweight → Neutral | Piper Sandler |
| 7/10/2025 | $380.00 | Buy | Goldman |
| 4/24/2025 | $325.00 | Neutral → Overweight | Analyst |
| 1/13/2025 | $350.00 | Buy | Redburn Atlantic |
| 11/22/2024 | $350.00 | Overweight | Wells Fargo |
| 11/12/2024 | $360.00 | Buy | Loop Capital |
| 10/22/2024 | $325.00 | Outperform | Mizuho |
| 10/15/2024 | $320.00 | Buy | Berenberg |
Piper Sandler downgraded Cadence Design from Overweight to Neutral and set a new price target of $355.00
Goldman initiated coverage of Cadence Design with a rating of Buy and set a new price target of $380.00
Analyst upgraded Cadence Design from Neutral to Overweight and set a new price target of $325.00
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
144 - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
8-K - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
8-K - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
New Cadence Palladium Dynamic Power Analysis App enables designers of AI/ML chips and systems to create more energy-efficient designs and accelerate time to market Cadence (NASDAQ:CDNS) today announced a significant leap forward in the power analysis of pre-silicon designs through its close collaboration with NVIDIA. Leveraging the advanced capabilities of the Cadence® Palladium® Z3 Enterprise Emulation Platform, utilizing the new Cadence Dynamic Power Analysis (DPA) App, Cadence and NVIDIA have achieved what was previously considered impossible: hardware accelerated dynamic power analysis of billion-gate AI designs, spanning billions of cycles within a few hours with up to 97 percent acc
Advancing IP Reuse with an AI-powered Companion to SPICE Simulation Key Highlights The Mach42 platform enables rapid validation of design performance across varying spec conditions, supporting efficient IP reuse.Utilizes Cadence's Spectre Simulation Platform (Nasdaq; CDNS), the benchmark for accuracy in SPICE simulation.Delivering greater design assurance with fewer re-spins and faster time to market.SANTA CLARA, Calif., and OXFORD, England, Aug. 4, 2025 /PRNewswire/ -- Mach42 is redefining analog verification by combining proprietary AI algorithms, high-performance simulation engines, and scalable cloud infrastructure. Its Discovery Platform accelerates design space exploration, identifying
Exceeded Q2 Guidance for Revenue & Non-GAAP EPS Raising 2025 Revenue, Non-GAAP EPS & Cash Flow Outlook Cadence (NASDAQ:CDNS) today announced results for the second quarter of 2025. Second Quarter 2025 Financial Results Revenue of $1.275 billion, compared to revenue of $1.061 billion in Q2 2024 GAAP operating margin of 19.0%, compared to 27.7% in Q2 2024 GAAP diluted net income per share of $0.59, compared to $0.84 in Q2 2024 Non-GAAP operating margin of 42.8%, compared to 40.1% in Q2 2024 Non-GAAP diluted net income per share of $1.65, compared to $1.28 in Q2 2024 Quarter-end backlog was $6.4 billion and current remaining performance obligations ("cRPO"), contract re
Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced the appointment of Moshe Gavrielov to its board of directors, effective January 1, 2025. Mr. Gavrielov currently serves as a member of the board of NXP Semiconductors N.V. and Taiwan Semiconductor Manufacturing Company Ltd., as chair of the board of Foretellix and SiMa.ai, and has previously held executive roles at several global technology companies. "We are honored to welcome Moshe to our board of directors," said ML Krakauer, chair of the board, Cadence. "The AI era offers immense opportunities, and our cutting-edge solutions empower customers to drive unprecedented innovation. Moshe's deep industry knowledge, strong ecosystem
Equinix, NetApp, NVIDIA and Workday join Fem.AI Alliance to drive change, backed by initial $20 million Cadence investment Cadence Design Systems, Inc. (NASDAQ:CDNS) announced that industry leaders Equinix Foundation, NetApp, NVIDIA and Workday are founding members of the Cadence Giving Foundation's Fem.AI Alliance, a group of companies and institutions that have committed to driving change towards a more representative tech and AI workforce. The Fem.AI Alliance is dedicated to evolving the future workforce by increasing women's representation and leadership in the tech industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2024
BETA CAE's world-renowned solutions will complement and expand Cadence's system analysis portfolio for automotive, aerospace, industrial and healthcare verticals Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced it has entered into a definitive agreement to acquire BETA CAE Systems International AG, a leading system analysis platform provider of multi-domain, engineering simulation solutions. The addition of BETA CAE's proven technologies and talent will accelerate Cadence's Intelligent System Design™ strategy by expanding its multiphysics system analysis portfolio and enabling entry into the structural analysis segment, unlocking a multi-billion-dollar incremental TAM opportunit
Cadence Design Systems, Inc. (NASDAQ:CDNS) announced today that it has completed the acquisition of OpenEye Scientific Software, Inc. ("OpenEye"). The addition of OpenEye's technologies and experienced team accelerates the Cadence® Intelligent System Design™ strategy by extending Cadence's computational software core competency to molecular modeling and simulation that is targeted to life sciences. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220901005242/en/ OpenEye, an industry leader in computational molecular design, has pioneered physics-based approaches and the cloud-native Orion® software platform to accelerate advances
Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced that it has completed the acquisition of Future Facilities. The addition of Future Facilities technologies and expertise supports the Cadence® Intelligent System Design™ strategy and broadens its multiphysics system analysis and computational fluid dynamics (CFD) portfolios. Future Facilities' electronics cooling analysis and energy performance optimization solutions for data center design and operations using physics-based 3D digital twins enables leading technology companies to make informed business decisions about data center design, operations and lifecycle management and reduce their carbon footprint. Future Facilities' proven
Broadens expansion into multiphysics domain with market-leading computational fluid dynamics mesh generation and pre-processing technology Cadence Design Systems, Inc. (NASDAQ:CDNS) announced today that it has acquired Pointwise, Inc., a leader in mesh generation for computational fluid dynamics (CFD). The addition of Pointwise's technologies and experienced team supports the Cadence® Intelligent System Design™ strategy and further broadens its system analysis portfolio, complementing the recently acquired NUMECA CFD technology. Together, these acquisitions will enable advanced CFD solutions where accuracy, reliability, predictability and performance are paramount for high-fidelity charact
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