Rosenblatt raises Cadence Design Systems price target to $410

0 min read | Published on 14 Jul 2026, 06:35 PM |Updated on 14 Jul 2026, 06:35 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

Rosenblatt analyst Blair Abernethy maintains a Buy rating on Cadence Design Systems and raises the price target to $410 from $375, indicating a positive outlook for the stock.

*this image is generated using AI for illustrative purposes only.

Rosenblatt analyst Blair Abernethy has maintained a Buy rating on Cadence Design Systems (NASDAQ: CDNS) and increased the price target to $410, up from the previous target of $375. The adjustment reflects a revised outlook on the stock's potential.

The revised price target of $410 suggests an upside from the company's current trading levels. Abernethy's endorsement reinforces confidence in the semiconductor design software firm's performance and future growth trajectory.

Analyst	Rating	Previous Target	New Target
Blair Abernethy (Rosenblatt)	Buy	$375	$410

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific market trends are driving the increased confidence in Cadence's growth trajectory?

How might this price target adjustment influence other analysts' ratings on Cadence?

What are the potential risks that could prevent Cadence from reaching the $410 target?

Cadence Design Systems to hold Q2FY26 results webcast on July 27

0 min read | Published on 07 Jul 2026, 03:49 AM |Updated on 07 Jul 2026, 03:49 AM

Reviewed by

Shriram SScanX News Team

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Key Highlights

Cadence Design Systems will host its Q2FY26 financial results webcast on July 27, 2026, at 2:00 p.m. Pacific Time, featuring CEO Dr. Anirudh Devgan and CFO John Wall. A recording will be available online until the Q3 conference call.

*this image is generated using AI for illustrative purposes only.

Cadence Design Systems will announce its second quarter 2026 financial results through a webcast scheduled for Monday, July 27, 2026. The presentation will provide insights into the company's performance for the quarter, led by its top executives.

Webcast Details

The webcast is set to begin at 2:00 p.m. Pacific Time. Key participants include Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. They will discuss the financial outcomes and operational highlights of the period.

Access and Replay

Investors and interested parties can access the live event online. Following the broadcast, a recording of the webcast will be available for replay at investor.cadence.com. This replay will remain accessible until the company holds its conference call to discuss third quarter 2026 financial results.

About Cadence Design Systems

Cadence Design Systems is a market leader in computational software, focusing on AI and digital twins to accelerate innovation in engineering design. The company's solutions are critical for semiconductor and systems companies developing next-generation products across various sectors, including hyperscale computing, mobile communications, automotive, and aerospace.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will Cadence's focus on AI and digital twins influence its revenue growth in the hyperscale computing and automotive sectors?

What strategic initiatives might Dr. Devgan highlight to address potential challenges in the semiconductor supply chain?

Could the Q2 2026 results reveal shifts in customer demand patterns due to emerging technologies like 6G or quantum computing?