We just received data on a new analyst forecast for $CDNS. Charles Shi from Needham set a price target of 390.0 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 Needham, 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 13 analysts offer price targets for $CDNS in the last 6 months, with a median target of $390.0.
Here are some recent targets:
- Charles Shi from Needham set a target price of $390.0 on 12/22/2025
- 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
- Blair Abernethy from Rosenblatt set a target price of $335.0 on 10/28/2025
- Edward Yang from Oppenheimer set a target price of $225.0 on 10/28/2025
- Joe Quatrochi from Wells Fargo set a target price of $410.0 on 10/28/2025
$CDNS Insider Trading Activity
$CDNS insiders have traded $CDNS stock on the open market 60 times in the past 6 months. Of those trades, 0 have been purchases and 60 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.
- CHIN-CHI TENG (Sr. Vice President) has made 0 purchases and 15 sales selling 29,275 shares for an estimated $9,690,866.
- ANIRUDH DEVGAN (President and CEO) has made 0 purchases and 7 sales selling 25,550 shares for an estimated $8,619,279.
- PAUL CUNNINGHAM (Sr. Vice President) has made 0 purchases and 6 sales selling 6,000 shares for an estimated $2,010,190.
- 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 $1.3B in Q3 2025. This is an increase of 10.15% 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 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 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.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 08/05.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$CDNS Hedge Fund Activity
We have seen 745 institutional investors add shares of $CDNS stock to their portfolio, and 638 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 added 2,953,793 shares (+64.0%) to their portfolio in Q3 2025, for an estimated $1,037,549,329
- LONE PINE CAPITAL LLC removed 1,218,389 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $375,446,570
- GEODE CAPITAL MANAGEMENT, LLC added 1,171,386 shares (+18.4%) to their portfolio in Q3 2025, for an estimated $411,461,046
- FMR LLC added 1,159,660 shares (+14.0%) to their portfolio in Q3 2025, for an estimated $407,342,171
- NORDEA INVESTMENT MANAGEMENT AB removed 1,101,702 shares (-61.4%) from their portfolio in Q3 2025, for an estimated $386,983,844
- WINSLOW CAPITAL MANAGEMENT, LLC added 1,066,141 shares (+inf%) to their portfolio in Q3 2025, for an estimated $374,492,687
- BLACKROCK, INC. removed 1,059,125 shares (-3.5%) from their portfolio in Q3 2025, for an estimated $372,028,247
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.
