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 |
Cadence today announced a significant expansion of its Cadence® Reality™ Digital Twin Platform library with a digital twin of NVIDIA DGX SuperPOD with DGX GB200 systems. The new model of NVIDIA's high-performance accelerated computing platform will enable data center designers and operators to easily deploy the world's leading AI accelerator in the buildout of AI factories. Cadence's Reality Digital Twin Platform is the first and only solution that allows users to model AI factories and data centers with high accuracy to a specified service-level agreement—accurately accounting for constraints such as cost, space, energy, cooling and environmental impact—all before physical implementation.
World-renowned solutions will complement Cadence's system analysis portfolio for automotive, aerospace, industrial and robotics Cadence (NASDAQ:CDNS) today announced it has entered into a definitive agreement to acquire the Design & Engineering ("D&E") business of Hexagon AB, which includes its MSC Software business—a pioneer in engineering simulation and analysis solutions. This acquisition accelerates Cadence's Intelligent System Design™ strategy, significantly expanding the Cadence® System Design & Analysis portfolio and reinforcing its commitment to delivering comprehensive solutions for the world's most demanding design challenges. The addition of Hexagon's proven D&E technology and
Cadence Design Systems, Inc. (NASDAQ:CDNS): WHO: Dr. Anirudh Devgan, president and chief executive officer, Cadence (NASDAQ:CDNS). WHAT: Dr. Devgan will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco on Tuesday, September 9, 2025. WHEN: The talk will be available live by webcast at 1:45 p.m. PDT on Tuesday, September 9, 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 investor.cadence.com. About Cadence Cadence is a market leader in AI and digital twins, pioneering the application of computational software to accel
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
4 - CADENCE DESIGN SYSTEMS INC (0000813672) (Issuer)
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
8-K - CADENCE DESIGN SYSTEMS INC (0000813672) (Filer)
144 - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
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
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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SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)
SC 13G/A - CADENCE DESIGN SYSTEMS INC (0000813672) (Subject)