Cadence Design upgraded by Piper Sandler with a new price target
$CDNS
Computer Software: Prepackaged Software
Technology
Piper Sandler upgraded Cadence Design from Neutral to Overweight and set a new price target of $318.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | 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 |
| 4/4/2024 | $334.00 | Neutral | Piper Sandler |
SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
8-K - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
S-8 - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
10-Q - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
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
Loop Capital initiated coverage of Cadence Design with a rating of Buy and set a new price target of $360.00
Latest Virtuoso Studio release and Spectre Simulator deliver a 30% productivity gain for MediaTek's 2nm design flow compared to prior Virtuoso releases Highlights: Virtuoso Studio advanced optimization enhances MediaTek's efficiency by 30% by accelerating the design-centering process Spectre X Simulator on NVIDIA Hopper GPUs achieved up to 6X greater performance while maintaining accuracy MediaTek's adoption of Virtuoso Studio's layout routing and placement tools provides another 30% design productivity improvement Cadence (NASDAQ:CDNS) today announced that MediaTek has adopted the AI-driven Cadence® Virtuoso® Studio and Spectre® X Simulator on the NVIDIA accelerated computing
Leading embedded security offerings will complement Cadence's expanding IP portfolio, unlocking a growing multi-hundred-million incremental TAM opportunity Cadence (NASDAQ:CDNS) today announced it has entered into a definitive agreement to acquire Secure-IC, a leading embedded security IP platform provider. The addition of Secure-IC's talent and highly complementary, proven portfolio of embedded security IP, security solutions, security evaluation tools and services will augment Cadence's rapidly expanding portfolio of leading-edge, silicon-proven IP, including interface, memory, AI/ML and DSP solutions. "In our increasingly interconnected world, every semiconductor, chiplet and electro
Cadence Design Systems, Inc. (NASDAQ:CDNS) will hold its fourth quarter and fiscal year 2024 financial results webcast on Tuesday, February 18, 2025. Participating in the webcast will be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. The webcast will begin Tuesday, February 18, 2025 at 2:00 p.m. Pacific Time. An archive of the webcast will be available online from 5:00 p.m. Pacific Time on February 18, 2025 until 5:00 p.m. Pacific Time on Monday, March 17, 2025 at cadence.com/cadence/investor_relations. About Cadence Cadence is a pivotal leader in electronic systems design, building upon more than 30 years
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