Rating Change
JP Morgan reiterated its Overweight rating on Cadence Design Systems, Inc. (NASDAQ:CDNS) on October 27, 2026.
reiterateNASDAQ:CDNS
JP Morgan Reiterates Overweight Rating on Cadence Design Systems, Inc. (CDNS)
JP Morgan reiterated its Overweight rating on Cadence Design Systems, Inc. (NASDAQ:CDNS) on October 27, 2026.
At publication ·
What changed
Cadence Design Systems, Inc. (NASDAQ:CDNS) · reiterate
- Firm
- JP Morgan
- Rating
- Overweight to Overweight
- Price at event
- $343.08
- Market capitalization
- $91.3B
At a glance
Key takeaways
- JP Morgan reiterated an Overweight rating on Cadence Design Systems (CDNS) on October 27, 2026, with the stock trading at $343.08 and a market cap of $91.3 billion.
Market Context
Cadence Design Systems, Inc. operates in the Technology sector. The stock currently trades at $343.08 with a market capitalization of $91.3B. The stock has gained 3.8% over the past 52 weeks.
Analyst coverage from JP Morgan provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Cadence Design Systems, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Cadence Design Systems, Inc.
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 27, 2026 | JP Morgan | Overweight | N/A |
| Oct 27, 2026 | Rosenblatt | Buy | N/A |
| Oct 27, 2026 | Baird | Outperform | N/A |
| Oct 27, 2026 | Needham | Buy | N/A |
| Oct 23, 2026 | Rosenblatt | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View CDNS Stock Page
Frequently Asked Questions
What does the Overweight rating mean for CDNS?
A rating of Overweight from JP Morgan reflects the analyst's outlook on Cadence Design Systems, Inc. (NASDAQ:CDNS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the CDNS forecast page.
