Cadence Design Systems Inc banner

Cadence Design Systems Inc
NASDAQ:CDNS

Watchlist Manager
Cadence Design Systems Inc Logo
Cadence Design Systems Inc
NASDAQ:CDNS
Watchlist
Price: 377.92 USD -1.63% Market Closed
Market Cap: $104.2B

Wall St Price Targets

CDNS Price Targets Summary
Cadence Design Systems Inc

Wall Street analysts forecast CDNS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CDNS is 397.62 USD with a low forecast of 277.75 USD and a high forecast of 472.5 USD.

Lowest Forecast
Price Target
277.75 USD
27% Downside
Average Forecast
Price Target
397.62 USD
5% Upside
Highest Forecast
Price Target
472.5 USD
25% Upside
Cadence Design Systems Inc Competitors:
Price Targets
ITAUCL
Banco Itau Chile
16% Upside
ALHC
Alignment Healthcare LLC
24% Upside
8150
ChipMOS Technologies Inc
-22% Downside
LAW
CS Disco Inc
68% Upside

Revenue
Forecast

11% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
11% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 11%. The projected CAGR for the next 8 years is 13%.

Gross Profit
Forecast

11% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss
11% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Over the last 13 years, the compound annual growth rate for Gross Profit has been 11%. The projected CAGR for the next 8 years is 13%.

Operating Income
Forecast

17% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss
17% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss

Over the last 13 years, the compound annual growth rate for Operating Income has been 17%. The projected CAGR for the next 5 years is 18%.

Pre-Tax Income
Forecast

17% / Year
Past Growth
32% / Year
Estimated Growth
Estimates Accuracy
-38%
Average Miss
17% / Year
Past Growth
32% / Year
Estimated Growth
Estimates Accuracy
-38%
Average Miss

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 17%. The projected CAGR for the next 3 years is 32%.

Net Income
Forecast

7% / Year
Past Growth
21% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss
7% / Year
Past Growth
21% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss

Over the last 13 years, the compound annual growth rate for Net Income has been 7%. The projected CAGR for the next 8 years is 21%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is CDNS's stock price target?
Price Target
397.62 USD

According to Wall Street analysts, the average 1-year price target for CDNS is 397.62 USD with a low forecast of 277.75 USD and a high forecast of 472.5 USD.

What is the Revenue forecast for Cadence Design Systems Inc?
Projected CAGR
13%

Over the last 13 years, the compound annual growth rate for Revenue has been 11%. The projected CAGR for the next 8 years is 13%.

What is the Gross Profit forecast for Cadence Design Systems Inc?
Projected CAGR
13%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 11%. The projected CAGR for the next 8 years is 13%.

What is the Operating Income forecast for Cadence Design Systems Inc?
Projected CAGR
18%

Over the last 13 years, the compound annual growth rate for Operating Income has been 17%. The projected CAGR for the next 5 years is 18%.

What is the Pre-Tax Income forecast for Cadence Design Systems Inc?
Projected CAGR
32%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 17%. The projected CAGR for the next 3 years is 32%.

What is the Net Income forecast for Cadence Design Systems Inc?
Projected CAGR
21%

Over the last 13 years, the compound annual growth rate for Net Income has been 7%. The projected CAGR for the next 8 years is 21%.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett