Cadence Design Systems (CDNS) Stock Forecast, Price Target & Predictions
CDNS Stock Forecast
Cadence Design Systems (CDNS) stock forecast, based on 30 Wall Street analysts, predicts a 12-month average price target of $385.00, with a high of $400.00 and a low of $355.00. This represents a 11.56% increase from the last price of $345.10.
CDNS Stock Rating
Cadence Design Systems stock's rating consensus is Buy, based on 30 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 24 Buy (80.00%), 5 Hold (16.67%), 1 Sell (3.33%), and 0 Strong Sell (0.00%).
Buy
CDNS Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Cadence Design Systems | 11.56% |
| Sector | Technology Stocks | 11.90% |
| Idea | Artificial Intelligence Stocks List | 14.08% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 9 |
| Avg Price Target | $400.00 | $385.00 | $347.78 |
| Last Closing Price | $345.10 | $345.10 | $345.10 |
| Upside/Downside | 15.91% | 11.56% | 0.78% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Oct, 25 | 4 | 14 | 4 | 1 | - | 23 |
| Sep, 25 | 4 | 14 | 4 | 1 | - | 23 |
| Aug, 25 | 4 | 14 | 4 | 1 | - | 23 |
| Jul, 25 | 5 | 13 | 4 | 1 | - | 23 |
| Jun, 25 | 5 | 14 | 3 | 1 | - | 23 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 02, 2025 | Andrew DeGasperi | BNP Paribas | $400.00 | $351.97 | 13.65% | 15.91% |
| Jul 30, 2025 | Berenberg Bank | $400.00 | $371.03 | 7.81% | 15.91% | |
| Jul 29, 2025 | Clarke Jeffries | Piper Sandler | $355.00 | $363.75 | -2.41% | 2.87% |
| Apr 15, 2025 | Siti Panigrahi | Mizuho Securities | $300.00 | $259.47 | 15.62% | -13.07% |
| Nov 11, 2024 | Gary Mobley | Loop Capital Markets | $360.00 | $300.90 | 19.64% | 4.32% |
| Oct 29, 2024 | Vivek Arya | Bank of America Securities | $310.00 | $280.18 | 10.64% | -10.17% |
| Oct 29, 2024 | Charles Shi | Needham | $315.00 | $252.77 | 24.62% | -8.72% |
| Oct 29, 2024 | Jon Vruwink | Robert W. Baird | $340.00 | $278.19 | 22.22% | -1.48% |
| Oct 29, 2024 | Ruben Roy | Stifel Nicolaus | $350.00 | $252.77 | 38.47% | 1.42% |
| Oct 21, 2024 | Siti Panigrahi | Mizuho Securities | $325.00 | $253.15 | 28.38% | -5.82% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 02, 2025 | Exane BNP Paribas | Outperform | initialise | |
| Jul 29, 2025 | Wells Fargo | Overweight | Overweight | hold |
| Jul 10, 2025 | KeyBanc | Overweight | Overweight | hold |
| Jul 10, 2025 | Goldman Sachs | Buy | initialise | |
| May 16, 2025 | Wells Fargo | Overweight | Overweight | hold |
| May 15, 2025 | KeyBanc | Overweight | Overweight | hold |
| Nov 11, 2024 | Loop Capital Markets | Buy | initialise | |
| Oct 29, 2024 | Needham | Buy | Buy | hold |
| Oct 29, 2024 | Piper Sandler | Overweight | Overweight | hold |
| Oct 15, 2024 | Rosenblatt Securities | Underperform | Underperform | hold |
Financial Forecast
EPS Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $2.16 | $2.54 | $3.13 | $3.86 | $3.89 | - | - | - | - |
| Avg Forecast | $2.70 | $3.26 | $4.23 | $5.11 | $5.92 | $6.84 | $7.81 | $8.29 | $8.19 |
| High Forecast | $2.75 | $3.31 | $4.35 | $5.15 | $5.96 | $7.17 | $8.72 | $8.84 | $8.50 |
| Low Forecast | $2.67 | $3.21 | $4.14 | $5.09 | $5.91 | $6.48 | $6.83 | $7.75 | $7.94 |
| Surprise % | -20.00% | -22.09% | -26.00% | -24.46% | -34.29% | - | - | - | - |
Revenue Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $2.68B | $2.99B | $3.56B | $4.09B | $4.64B | - | - | - | - |
| Avg Forecast | $2.66B | $2.97B | $3.55B | $4.08B | $4.63B | $5.25B | $5.86B | $6.42B | $6.69B |
| High Forecast | $2.69B | $3.01B | $3.62B | $4.10B | $4.66B | $5.35B | $5.88B | $6.54B | $6.88B |
| Low Forecast | $2.63B | $2.94B | $3.49B | $4.06B | $4.52B | $5.14B | $5.85B | $6.30B | $6.53B |
| Surprise % | 1.05% | 0.53% | 0.40% | 0.14% | 0.17% | - | - | - | - |
Net Income Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $590.64M | $695.96M | $848.95M | $1.04B | $1.06B | - | - | - | - |
| Avg Forecast | $737.04M | $888.99M | $591.25M | $1.04B | $1.62B | $1.86B | $2.12B | $2.26B | $2.23B |
| High Forecast | $748.91M | $903.31M | $709.50M | $1.25B | $1.62B | $1.95B | $2.38B | $2.41B | $2.32B |
| Low Forecast | $726.98M | $876.86M | $473.00M | $832.92M | $1.61B | $1.77B | $1.86B | $2.11B | $2.17B |
| Surprise % | -19.86% | -21.71% | 43.59% | - | -34.77% | - | - | - | - |