On Oct 30, major Wall Street analysts update their ratings for $Cadence Design Systems (CDNS.US)$, with price targets ranging from $225 to $355.
Morgan Stanley analyst Lee Simpson maintains with a buy rating, and maintains the target price at $280.
J.P. Morgan analyst Harlan Sur maintains with a hold rating, and maintains the target price at $300.
BofA Securities analyst Vivek Arya maintains with a buy rating.
Oppenheimer analyst Edward Yang maintains with a sell rating, and maintains the target price at $225.
Needham analyst Charles Shi maintains with a buy rating, and adjusts the target price from $320 to $315.
Furthermore, according to the comprehensive report, the opinions of $Cadence Design Systems (CDNS.US)$'s main analysts recently are as follows:
The stock's performance lagged in the recent year; however, a more stable and predictable recovery is anticipated in the following year to potentially revitalise its performance. Sales growth is projected at 12%-13% annually in the subsequent two years, with a minor adjustment in pro-forma EPS estimates by approximately 2% for each of the two years to reflect new projections.
The company's third-quarter results were described as 'solid,' and despite initial doubts, the significant increase anticipated for the latter half of the year has materialized as management predicted. The robust revenue pace observed at the close of 2024 is projected to continue into 2025, bolstered by the durability of the hardware product cycle, strengthening IP fundamentals, and the expectation that the previous year's soft performance in China will lead to more favorable comparisons in the following year.
The sentiment surrounding EDA remains optimistic, with expectations that it will not be left out of the chip sector's 'winner's circle.' There is potential for sentiment to further improve, along with prospects for a strong rebound in the year 2025. The forecast for FY24 revenue and EBIT remains steady at the midpoints, with more significant insights expected to emerge from the conference call and positive remarks on business trends. Specifically, the bookings pipeline for the fourth quarter appears to be particularly robust.
Here are the latest investment ratings and price targets for $Cadence Design Systems (CDNS.US)$ from 8 analysts:
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美东时间10月30日，多家华尔街大行更新了$铿腾电子 (CDNS.US)$的评级，目标价介于225美元至355美元。
摩根士丹利分析师Lee Simpson维持买入评级，维持目标价280美元。
摩根大通分析师Harlan Sur维持持有评级，维持目标价300美元。
美银证券分析师Vivek Arya维持买入评级。
奥本海默控股分析师Edward Yang维持卖出评级，维持目标价225美元。
Needham分析师Charles Shi维持买入评级，并将目标价从320美元下调至315美元。
此外，综合报道，$铿腾电子 (CDNS.US)$近期主要分析师观点如下：
该股票在最近一年的表现落后，然而预计在接下来的一年中会出现更稳定和可预测的复苏，以潜在地振兴其表现。销售增长预计在随后的两年中每年达到12%-13%，每年的预测每股收益(pro-forma EPS)估计会有约2%的小幅调整，以反映新的预测。
该公司第三季度的业绩被描述为'稳健'，尽管最初有疑虑，但后半年预期的显著增长如管理层所预测的那样已经显现。2024年底观察到的强劲营业收入步伐预计会持续到2025年，得益于硬件产品周期的持久性、知识产权基础的加强，以及对中国去年软弱表现将导致在接下来的一年中更有利比较的预期。
EDA软件-半导体领域的情绪仍然乐观，预计它不会被排除在芯片板块的'优胜者圈'之外。有望情绪进一步提升，以及预期在2025年有强劲反弹的前景。对FY24财年营业收入和EBIt的预测依然稳定在中点，预计会从电话会议和对业务趋势的积极评价中获得更重要的见解。具体来说，第四季度的预订管道似乎特别强劲。
以下为今日8位分析师对$铿腾电子 (CDNS.US)$的最新投资评级及目标价：
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