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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: 373.59 USD 4.22%
Market Cap: $103.1B

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 387.17 USD with a low forecast of 277.75 USD and a high forecast of 446.25 USD.

Lowest Forecast
Price Target
277.75 USD
26% Downside
Average Forecast
Price Target
387.17 USD
4% Upside
Highest Forecast
Price Target
446.25 USD
19% Upside
Cadence Design Systems Inc Competitors:
Price Targets
WX7
Corporate Office Properties Trust
12% Upside
RYTM
Rhythm Pharmaceuticals Inc
60% Upside

Revenue
Forecast

11% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
11% / Year
Past Growth
15% / 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 3 years is 15%.

Operating Income
Forecast

17% / Year
Past Growth
30% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss
17% / Year
Past Growth
30% / 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 3 years is 30%.

Net Income
Forecast

7% / Year
Past Growth
41% / Year
Estimated Growth
Estimates Accuracy
-33%
Average Miss
7% / Year
Past Growth
41% / Year
Estimated Growth
Estimates Accuracy
-33%
Average Miss

Over the last 13 years, the compound annual growth rate for Net Income has been 7%. The projected CAGR for the next 3 years is 41%.

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
387.17 USD

According to Wall Street analysts, the average 1-year price target for CDNS is 387.17 USD with a low forecast of 277.75 USD and a high forecast of 446.25 USD.

What is the Revenue forecast for Cadence Design Systems Inc?
Projected CAGR
15%

Over the last 13 years, the compound annual growth rate for Revenue has been 11%. The projected CAGR for the next 3 years is 15%.

What is the Operating Income forecast for Cadence Design Systems Inc?
Projected CAGR
30%

Over the last 13 years, the compound annual growth rate for Operating Income has been 17%. The projected CAGR for the next 3 years is 30%.

What is the Net Income forecast for Cadence Design Systems Inc?
Projected CAGR
41%

Over the last 13 years, the compound annual growth rate for Net Income has been 7%. The projected CAGR for the next 3 years is 41%.

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