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Stock impact report

Analysts Bullish on Cadence Design Systems (CDNS) Following Hexagon AB's Design and Engineering Division Acquisition [Yahoo! Finance]

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Cadence Design Systems, Inc. (NASDAQ: CDNS ) earns a place on our 13 stocks with consistent growth to buy right now Analysts Bullish on Cadence Design Systems (CDNS) Following Hexagon AB's Design and Engineering Division Acquisition Approximately 88% of covering analysts maintain bullish ratings for Cadence Design Systems (NASDAQ:CDNS), indicating that analyst sentiment regarding the company remains strong. With a consensus price target of $380.00, the stock may see an increase of almost 30.39%. Amid this, Cadence Design Systems, Inc. (NASDAQ:CDNS) announced in a press release on February 23, 2026, that it had successfully finalized its acquisition of Hexagon AB's Design and Engineering division for around 2.7 billion euros. This was split between 30% Cadence shares and 70% cash. By including tools like MSC Nastran and Adams into its multiphysics platform, the deal broadens Cadence's System Design and Analysis portfolio. Although the deal is expected to be $0.28 dilutive to 2 Show less Read more
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