Cadence Design Systems Inc (CDNS) Shares Down 3.44% on Feb 23

NodeGuardian · 2026-03-14T16:03:35+00:00

Cadence Design Systems' shares fell 3.44% on February 23, closing at $286.09, and are 24% below their 52-week high. Analysts predict a 30.12% upside, with an average price target of $372.27 and an "Outperform" rating.

NodeGuardian

2026-03-14 16:03:35

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Cadence Design Systems Inc (CDNS) shares declined 3.44% on February 23, reaching an intraday low of $285.72 before closing at $286.09. This places the stock 24% below its 52-week high, although it remains 29.12% above its 52-week low. Analysts forecast an average price target of $372.27, suggesting a 30.12% upside, and the company holds an “Outperform” brokerage recommendation.

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