Berenberg Bank analyst Nay Soe Naing maintains $Cadence Design Systems (CDNS.US)$ with a buy rating, and maintains the target price at $320.
According to TipRanks data, the analyst has a success rate of 79.2% and a total average return of 22.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Cadence Design Systems (CDNS.US)$'s main analysts recently are as follows:
The performance of Cadence Design has been less than stellar in the current year. Looking ahead, a more stable and predictable recovery trajectory in the following year is anticipated to enhance performance. Sales growth is projected to be in the range of 12%-13% on an annual basis for the years 2025 and 2026. Adjustments have been made to the pro-forma EPS forecasts for these two years, with a slight decrease of around 2% to the figures, resulting in estimates of $6.81 and $7.94.
The company's third-quarter results were described as 'solid', and the previously doubted significant ramp-up for the second half of the year has materialized as management predicted. The robust revenue pace heading out of 2024 is seen as maintainable into 2025 due to the anticipated duration of the hardware product cycle, the improvement in the company's IP fundamentals, and the prospect of a rebound from China's weakness in 2024, providing a favorable comparison for the following year.
The sentiment that EDA should be considered part of the chip 'winner's circle' persists, with expectations for an uptick in sentiment and potential for a strong rebound year in 2025. The outlook for FY24 with regard to revenue and EBIT remains steady at midpoints, with more significant insights expected from the call, bolstered by positive remarks on business trends. Especially noteworthy is the robust bookings pipeline for the fourth quarter.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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貝倫貝格銀行分析師Nay Soe Naing維持$鏗騰電子 (CDNS.US)$買入評級，維持目標價320美元。
根據TipRanks數據顯示，該分析師近一年總勝率為79.2%，總平均回報率為22.2%。
此外，綜合報道，$鏗騰電子 (CDNS.US)$近期主要分析師觀點如下：
今年，Cadence Design的表現並不那麼出色。展望未來，預計來年更穩定和更可預測的復甦軌跡將提高業績。預計2025年和2026年的年銷售增長將在12％-13％之間。已經對這兩年的預計每股收益預測進行了調整，數字略有下降約2％，估計分別爲6.81美元和7.94美元。
該公司第三季度的業績被描述爲 「穩健」，正如管理層所預測的那樣，此前受到質疑的下半年業績大幅增長已經實現。由於硬件產品週期的預期持續時間、公司知識產權基本面的改善以及2024年中國從疲軟中反彈的前景，2024年後的強勁收入步伐被認爲可以維持到2025年，這爲次年提供了有利的比較。
人們仍然認爲EDA應被視爲芯片 「贏家圈」 的一部分，市場情緒將回升，並有可能在2025年出現強勁反彈。24財年收入和息稅前利潤的前景保持在中點穩定，在對業務趨勢的積極言論的支持下，預計此次電話會議將提供更重要的見解。特別值得注意的是第四季度的強勁預訂渠道。
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