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 $7.94.
The company's third-quarter results were described as 'solid', and the previously doubted significant ramp-up for the second half of the year has materialized as management predicted. The robust revenue pace heading out of 2024 is seen as maintainable into 2025 due to the anticipated duration of the hardware product cycle, the improvement in the company's IP fundamentals, and the prospect of a rebound from China's weakness in 2024, providing a favorable comparison for the following year.
The sentiment that EDA should be considered part of the chip 'winner's circle' persists, with expectations for an uptick in sentiment and potential for a strong rebound year in 2025. The outlook for FY24 with regard to revenue and EBIT remains steady at midpoints, with more significant insights expected from the call, bolstered by positive remarks on business trends. Especially noteworthy is the robust bookings pipeline for the fourth quarter.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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贝伦贝格银行分析师Nay Soe Naing维持$铿腾电子 (CDNS.US)$买入评级，维持目标价320美元。
根据TipRanks数据显示，该分析师近一年总胜率为79.2%，总平均回报率为22.2%。
此外，综合报道，$铿腾电子 (CDNS.US)$近期主要分析师观点如下：
今年，Cadence Design的表现并不那么出色。展望未来，预计来年更稳定和更可预测的复苏轨迹将提高业绩。预计2025年和2026年的年销售增长将在12％-13％之间。已经对这两年的预计每股收益预测进行了调整，数字略有下降约2％，估计分别为6.81美元和7.94美元。
该公司第三季度的业绩被描述为 “稳健”，正如管理层所预测的那样，此前受到质疑的下半年业绩大幅增长已经实现。由于硬件产品周期的预期持续时间、公司知识产权基本面的改善以及2024年中国从疲软中反弹的前景，2024年后的强劲收入步伐被认为可以维持到2025年，这为次年提供了有利的比较。
人们仍然认为EDA应被视为芯片 “赢家圈” 的一部分，市场情绪将回升，并有可能在2025年出现强劲反弹。24财年收入和息税前利润的前景保持在中点稳定，在对业务趋势的积极言论的支持下，预计此次电话会议将提供更重要的见解。特别值得注意的是第四季度的强劲预订渠道。
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