We just received data on a new analyst forecast for $CDNS. Clarke Jeffries from Piper Sandler set a price target of 319.0 for CDNS.
To track analyst ratings and price targets for $CDNS, check out Quiver Quantitative's $CDNS forecast page.
Should you buy $CDNS?
Some analysts are better than others. To view the past performance of Piper Sandler, check out Quiver’s Analyst Ratings dashboard. You can also see Quiver’s Analyst Buys Strategy, which uses a proprietary method to track the companies being recommended by the top Wall Street analysts.
$CDNS Price Targets
Multiple analysts have issued price targets for $CDNS recently. We have seen 9 analysts offer price targets for $CDNS in the last 6 months, with a median target of $385.0.
Here are some recent targets:
- Clarke Jeffries from Piper Sandler set a target price of $319.0 on 02/18/2026
- Lee Simpson from Morgan Stanley set a target price of $370.0 on 02/18/2026
- Charles Shi from Needham set a target price of $390.0 on 02/18/2026
- Blair Abernethy from Rosenblatt set a target price of $335.0 on 02/17/2026
- Kelsey Chia from Citigroup set a target price of $385.0 on 11/24/2025
- Joe Vruwink from Baird set a target price of $418.0 on 10/28/2025
- Harlan Sur from JP Morgan set a target price of $405.0 on 10/28/2025
$CDNS Insider Trading Activity
$CDNS insiders have traded $CDNS stock on the open market 48 times in the past 6 months. Of those trades, 0 have been purchases and 48 have been sales.
Here’s a breakdown of recent trading of $CDNS stock by insiders over the last 6 months:
- JOHN M WALL (Sr. VP & CFO) has made 0 purchases and 10 sales selling 35,305 shares for an estimated $11,476,442.
- ANIRUDH DEVGAN (President and CEO) has made 0 purchases and 7 sales selling 25,550 shares for an estimated $8,619,279.
- CHIN-CHI TENG (Sr. Vice President) has made 0 purchases and 3 sales selling 18,096 shares for an estimated $5,914,007.
- PAUL CUNNINGHAM (Sr. Vice President) has made 0 purchases and 6 sales selling 6,000 shares for an estimated $1,955,910.
- PAUL SCANNELL (Sr. Vice President) has made 0 purchases and 2 sales selling 5,490 shares for an estimated $1,863,494.
- ITA M BRENNAN has made 0 purchases and 20 sales selling 360 shares for an estimated $120,959.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CDNS Revenue
$CDNS had revenues of $1.4B in Q4 2025. This is an increase of 6.2% from the same period in the prior year.
You can track CDNS financials on Quiver Quantitative's CDNS stock page.
$CDNS Congressional Stock Trading
Members of Congress have traded $CDNS stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CDNS stock by members of Congress over the last 6 months:
- REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$CDNS Hedge Fund Activity
We have seen 700 institutional investors add shares of $CDNS stock to their portfolio, and 709 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 11,429,245 shares (-75.5%) from their portfolio in Q4 2025, for an estimated $3,572,553,402
- BLACKROCK, INC. removed 2,686,173 shares (-9.3%) from their portfolio in Q4 2025, for an estimated $839,643,956
- AXA S.A. removed 1,057,706 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $371,529,809
- JENNISON ASSOCIATES LLC removed 1,016,098 shares (-11.6%) from their portfolio in Q4 2025, for an estimated $317,611,912
- FRANKLIN RESOURCES INC removed 860,775 shares (-21.8%) from their portfolio in Q4 2025, for an estimated $269,061,049
- BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 760,556 shares (+240.8%) to their portfolio in Q4 2025, for an estimated $237,734,594
- PRICE T ROWE ASSOCIATES INC /MD/ removed 708,193 shares (-43.7%) from their portfolio in Q4 2025, for an estimated $221,366,967
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
