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Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 298.73 USD -0.09% Market Closed
Market Cap: $81.3B

Wall Street
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 388.73 USD with a low forecast of 277.75 USD and a high forecast of 430.5 USD.

Lowest
Price Target
277.75 USD
7% Downside
Average
Price Target
388.73 USD
30% Upside
Highest
Price Target
430.5 USD
44% Upside
Cadence Design Systems Inc Competitors:
Price Targets
BHP
BHP Group Ltd
-3% Downside
TUYA
Tuya Inc
58% Upside
600886
SDIC Power Holdings Co Ltd
30% 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

For the last 13 years the compound annual growth rate for Cadence Design Systems Inc's revenue is 11%. The projected CAGR for the next 4 years is 13%.

Operating Income
Forecast

21% / Year
Past Growth
24% / Year
Estimated Growth
Estimates Accuracy
-37%
Average Miss
21% / Year
Past Growth
24% / Year
Estimated Growth
Estimates Accuracy
-37%
Average Miss

For the last 13 years the compound annual growth rate for Cadence Design Systems Inc's operating income is 21%. The projected CAGR for the next 4 years is 24%.

Net Income
Forecast

23% / Year
Past Growth
27% / Year
Estimated Growth
Estimates Accuracy
-32%
Average Miss
23% / Year
Past Growth
27% / Year
Estimated Growth
Estimates Accuracy
-32%
Average Miss

For the last 13 years the compound annual growth rate for Cadence Design Systems Inc's net income is 23%. The projected CAGR for the next 4 years is 27%.

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 is available on other sites you are seeing are mostly from the sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for CDNS is 388.73 USD with a low forecast of 277.75 USD and a high forecast of 430.5 USD.

What is Cadence Design Systems Inc's Revenue forecast?
Projected CAGR
13%

For the last 13 years the compound annual growth rate for Cadence Design Systems Inc's revenue is 11%. The projected CAGR for the next 4 years is 13%.

What is Cadence Design Systems Inc's Operating Income forecast?
Projected CAGR
24%

For the last 13 years the compound annual growth rate for Cadence Design Systems Inc's operating income is 21%. The projected CAGR for the next 4 years is 24%.

What is Cadence Design Systems Inc's Net Income forecast?
Projected CAGR
27%

For the last 13 years the compound annual growth rate for Cadence Design Systems Inc's net income is 23%. The projected CAGR for the next 4 years is 27%.

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