Cadence Design Systems stock faces Wall Street Zen Hold call

Published on 11/06/2026 at 13:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cadence Design Systems stock drew a new Hold rating from Wall Street Zen. The broader analyst consensus remained Moderate Buy.

Analyst rating meets strong earnings

Wall Street Zen cut its Cadence Design Systems rating from Buy to Hold on November 5.
MarketBeat reported quarterly earnings of 2.11 dollars per share and revenue of 1.63 billion dollars.
Revenue increased 22 percent year over year, while the broader analyst consensus remained Moderate Buy.

Cadence Design Systems, US1273871087, Illustration mit AI erstellt.

Wall Street Zen cut its rating on Cadence Design Systems from Buy to Hold on Thursday, November 5, according to MarketBeat. The move introduced a more cautious single-analyst view after Cadence had delivered quarterly results above the market forecast.

MarketBeat said Cadence reported adjusted quarterly earnings of 2.11 dollars per share, compared with an estimate of 2.05 dollars. Revenue reached 1.63 billion dollars against a 1.61 billion dollar forecast and rose 22 percent from the year-earlier quarter. The company released those results on Monday, October 26.

Consensus remains constructive

The rating change did not overturn the broader analyst view. MarketBeat listed one Strong Buy, 18 Buy and three Hold ratings, resulting in a Moderate Buy consensus and an average price target of 410.05 dollars. Deutsche Bank maintained a Buy rating and raised its target to 420 dollars in October, while Rosenblatt reiterated Buy with a 420-dollar target.

That mix leaves investors weighing strong operating momentum against valuation and execution risk. Cadence develops electronic-design-automation software, hardware and semiconductor intellectual property for chip and system design, verification, emulation and analysis. Demand tied to increasingly complex chips and artificial-intelligence infrastructure supports the growth case, while the new Hold call shows that not all analysts see the recent earnings strength as sufficient for further upside.

Cadence Design Systems stock traded at 282.95 euros on Lang & Schwarz at 1:05 p.m. CET on Friday, November 6, 2026. Investors can follow the real-time quote of Cadence Design Systems stock.