Cadence Design Systems (CDNS) Stock Forecast, Price Target & Predictions
CDNS Stock Forecast
Cadence Design Systems (CDNS) stock forecast, based on 31 Wall Street analysts, predicts a 12-month average price target of $404.56, with a high of $450.00 and a low of $300.00. This represents a 42.40% increase from the last price of $284.11.
CDNS Stock Rating
Cadence Design Systems stock's rating consensus is Buy, based on 31 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 26 Buy (83.87%), 4 Hold (12.90%), 1 Sell (3.23%), and 0 Strong Sell (0.00%).
Buy
CDNS Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Cadence Design Systems | 42.40% |
| Sector | Technology Stocks | 26.84% |
| Idea | Artificial Intelligence Stocks List | 26.13% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 19 |
| Avg Price Target | - | $383.80 | $392.58 |
| Last Closing Price | $284.11 | $284.11 | $284.11 |
| Upside/Downside | - | 35.09% | 38.18% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Sep, 26 | 5 | 17 | 3 | - | - | 25 |
| Aug, 26 | 5 | 17 | 3 | - | - | 25 |
| Jul, 26 | 5 | 16 | 3 | - | - | 24 |
| Jun, 26 | 5 | 17 | 3 | - | - | 25 |
| May, 26 | 5 | 18 | 3 | - | - | 26 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2026 | Morgan Stanley | $400.00 | $344.72 | 16.04% | 40.79% | |
| Jul 28, 2026 | Oppenheimer | $300.00 | $338.61 | -11.40% | 5.59% | |
| Jul 28, 2026 | Clarke Jeffries | Piper Sandler | $349.00 | $338.61 | 3.07% | 22.84% |
| Jul 28, 2026 | Robert W. Baird | $420.00 | $338.61 | 24.04% | 47.83% | |
| Jul 15, 2026 | Benchmark Co. | $450.00 | $371.50 | 21.13% | 58.39% | |
| Jun 09, 2026 | Stifel Nicolaus | $432.00 | $394.24 | 9.58% | 52.05% | |
| May 27, 2026 | Nay Soe Naing | Berenberg Bank | $440.00 | $381.75 | 15.26% | 54.87% |
| May 26, 2026 | Wells Fargo | $425.00 | $373.59 | 13.76% | 49.59% | |
| Apr 28, 2026 | Joe Vruwink | Robert W. Baird | $385.00 | $336.54 | 14.40% | 35.51% |
| Apr 28, 2026 | KeyBanc | $425.00 | $336.54 | 26.29% | 49.59% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2026 | Morgan Stanley | Overweight | Overweight | hold |
| Jul 28, 2026 | Benchmark | Buy | Buy | hold |
| Jul 28, 2026 | Oppenheimer | Perform | Perform | hold |
| Jul 28, 2026 | KeyBanc | Overweight | Overweight | hold |
| Jul 28, 2026 | Piper Sandler | Neutral | Neutral | hold |
| Jul 28, 2026 | Citigroup | Buy | Buy | hold |
| Jul 15, 2026 | Benchmark | Buy | initialise | |
| May 26, 2026 | Wells Fargo | Overweight | Overweight | hold |
| Apr 29, 2026 | Citigroup | Buy | Buy | hold |
| Apr 28, 2026 | KeyBanc | Overweight | Overweight | hold |
Financial Forecast
EPS Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $2.54 | $3.13 | $3.86 | $3.89 | $4.09 | - | - | - |
| Avg Forecast | $3.26 | $4.23 | $5.11 | $5.92 | $6.84 | $7.81 | $8.29 | $8.19 |
| High Forecast | $3.31 | $4.35 | $5.15 | $5.96 | $7.17 | $8.72 | $8.84 | $8.50 |
| Low Forecast | $3.21 | $4.14 | $5.09 | $5.91 | $6.48 | $6.83 | $7.75 | $7.94 |
| Surprise % | -22.09% | -26.00% | -24.46% | -34.29% | -40.20% | - | - | - |
Revenue Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $2.99B | $3.56B | $4.09B | $4.64B | $5.30B | - | - | - |
| Avg Forecast | $2.97B | $3.55B | $4.08B | $4.63B | $5.25B | $5.86B | $6.42B | $6.69B |
| High Forecast | $3.01B | $3.62B | $4.10B | $4.66B | $5.35B | $5.88B | $6.54B | $6.88B |
| Low Forecast | $2.94B | $3.49B | $4.06B | $4.52B | $5.14B | $5.85B | $6.30B | $6.53B |
| Surprise % | 0.53% | 0.40% | 0.14% | 0.17% | 0.95% | - | - | - |
Net Income Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $695.96M | $848.95M | $1.04B | $1.06B | $1.11B | - | - | - |
| Avg Forecast | $888.99M | $591.25M | $1.04B | $1.62B | $1.86B | $2.12B | $2.26B | $2.23B |
| High Forecast | $903.31M | $709.50M | $1.25B | $1.62B | $1.95B | $2.38B | $2.41B | $2.32B |
| Low Forecast | $876.86M | $473.00M | $832.92M | $1.61B | $1.77B | $1.86B | $2.11B | $2.17B |
| Surprise % | -21.71% | 43.59% | - | -34.77% | -40.39% | - | - | - |