Cadence Design Sys (NASDAQ:CDNS) underwent analysis by 12 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 5 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 4 | 3 | 0 | 0 |
Analysts have recently evaluated Cadence Design Sys and provided 12-month price targets. The average target is $327.58, accompanied by a high estimate of $355.00 and a low estimate of $280.00. This upward trend is apparent, with the current average reflecting a 2.27% increase from the previous average price target of $320.30.
Decoding Analyst Ratings: A Detailed Look
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