Redburn Atlantic initiated coverage on Cadence Design with a new price target
$CDNS
Computer Software: Prepackaged Software
Technology
Redburn Atlantic initiated coverage of Cadence Design with a rating of Buy and set a new price target of $350.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 9/25/2024 | $225.00 | Underperform | Oppenheimer |
| 8/6/2024 | $318.00 | Neutral → Overweight | Piper Sandler |
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
Expanded collaboration includes new multi-year IP agreement and joint development of advanced AI-driven flows on latest SF2P process node Cadence (NASDAQ:CDNS) today announced an expansion of its collaboration with Samsung Foundry, including a new multi-year IP agreement to broaden Cadence® memory and interface IP solutions in Samsung Foundry's SF4X, SF5A and SF2P advanced process nodes. Furthering their ongoing technology collaboration, the companies are leveraging Cadence's AI-driven design solutions and Samsung's advanced SF4X, SF4U and SF2P process nodes to deliver high-performance, low-power solutions for AI data center, automotive—including advanced driver-assistance systems (ADAS)—
At NVIDIA GTC Paris, Cadence (NASDAQ:CDNS) announced it is providing optimized solutions for the world's first industrial AI cloud in collaboration with NVIDIA. Customers will be able to accelerate the development of their industrial technology by leveraging Cadence's industry-leading solutions, optimized for NVIDIA Grace Blackwell platforms. These innovative solutions include the Fidelity™ CFD Platform, the Spectre® X Simulator, the Voltus™ IC Power Integrity Solution, and the Innovus™ Implementation System, among others. Europe's industrial AI ecosystem will be able to leverage Cadence® solvers accelerated by NVIDIA Blackwell systems by up to 80X from the industrial AI cloud. Ascendan
Cadence Design Systems, Inc. (NASDAQ:CDNS): WHO: John Wall, senior vice president and chief financial officer, Cadence Design Systems, Inc. (NASDAQ:CDNS). WHAT: Wall will participate in a fireside chat at the BofA Securities 2025 Global Technology Conference on Tuesday, June 3, 2025. WHEN: The talk will be available live by webcast at 10:00 a.m. PDT on Tuesday, June 3, 2025. The presentation will be archived on the Cadence website and will be available for replay for 180 days. WHERE: The webcast will be available online at cadence.com/cadence/investor_relations. About Cadence Cadence is a market leader in AI and digital twins, pioneering the application of computational software
144 - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
SD - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
8-K - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
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
Analyst upgraded Cadence Design from Neutral to Overweight and set a new price target of $325.00
Redburn Atlantic initiated coverage of Cadence Design with a rating of Buy and set a new price target of $350.00
Wells Fargo initiated coverage of Cadence Design with a rating of Overweight and set a new price target of $350.00
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SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
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