Cadence Design Systems Inc Hits 20-Day High Ahead of Conference
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 03 Dec 25
Source: 4
Cadence Design Systems Inc saw a price increase of 4.60%, reaching a 20-day high as investor interest grows.
The company's CEO, Dr. Anirudh Devgan, is set to speak at the Nasdaq Investor Conference on December 9, 2025, which is expected to attract significant attention from investors.
This event highlights Cadence's leadership in AI and digital twins, potentially leading to increased investor engagement and confidence in the company's future prospects.
Analyst Views on CDNS
Wall Street analysts forecast CDNS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CDNS is 376.64 USD with a low forecast of 275.00 USD and a high forecast of 418.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 320.490
Low
275.00
Averages
376.64
High
418.00
Current: 320.490
Low
275.00
Averages
376.64
High
418.00
About CDNS
Cadence Design Systems, Inc. is an electronic systems designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
