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:
Note:
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美東時間10月30日，多家華爾街大行更新了$鏗騰電子 (CDNS.US)$的評級，目標價介於225美元至355美元。
摩根士丹利分析師Lee Simpson維持買入評級，維持目標價280美元。
摩根大通分析師Harlan Sur維持持有評級，維持目標價300美元。
美銀證券分析師Vivek Arya維持買入評級。
奧本海默控股分析師Edward Yang維持賣出評級，維持目標價225美元。
Needham分析師Charles Shi維持買入評級，並將目標價從320美元下調至315美元。
此外，綜合報道，$鏗騰電子 (CDNS.US)$近期主要分析師觀點如下：
股票在最近一年的表現不佳；然而，在接下來的一年中，預計會出現更穩定和可預測的復甦，從而有可能重振其表現。預計在隨後的兩年內，銷售增長將以每年12%-13%的速度增長，兩年中每年的預計每股收益調整約爲2%，以反映新的預測。
公司第三季度的業績被描述爲『穩健』，儘管最初存在疑慮，但預計今年下半年的大幅增長如管理層所預測的那樣已經實現。2024年底觀察到的強勁營業收入增長勢頭預計將持續到2025年，得益於硬件產品週期的持久性、知識產權基本面的增強，以及對中國去年軟性表現將導致在接下來的一年中更有利的比較的預期。
圍繞eda軟件-半導體的情緒保持樂觀，預計不會落在芯片板塊『優勝者圈』之外。情緒有望進一步改善，2025年有望出現強勁反彈。對FY24營業收入和EBIt的預測保持在中點穩定，預計從電話會議和對業務趨勢的積極評價中將獲得更重要的見解。具體來說，第四季度的訂貨管道似乎特別強勁。
以下爲今日8位分析師對$鏗騰電子 (CDNS.US)$的最新投資評級及目標價：
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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