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: 277.87 USD 2.58% Market Closed
Market Cap: $75.6B

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 378.65 USD with a low forecast of 277.75 USD and a high forecast of 430.5 USD.

Lowest
Price Target
277.75 USD
0% Downside
Average
Price Target
378.65 USD
36% Upside
Highest
Price Target
430.5 USD
55% Upside
Cadence Design Systems Inc Competitors:
Price Targets
HP
Helmerich and Payne Inc
3% Upside
DMAS
Puradelta Lestari Tbk PT
21% Upside
TUYA
Tuya Inc
50% Upside

Revenue
Forecast

12% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
12% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

For the last 14 years the compound annual growth rate for Cadence Design Systems Inc's revenue is 12%. The projected CAGR for the next 3 years is 14%.

Operating Income
Forecast

21% / Year
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-37%
Average Miss
21% / Year
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-37%
Average Miss

For the last 14 years the compound annual growth rate for Cadence Design Systems Inc's operating income is 21%. The projected CAGR for the next 3 years is 28%.

Net Income
Forecast

22% / Year
Past Growth
37% / Year
Estimated Growth
Estimates Accuracy
-32%
Average Miss
22% / Year
Past Growth
37% / Year
Estimated Growth
Estimates Accuracy
-32%
Average Miss

For the last 14 years the compound annual growth rate for Cadence Design Systems Inc's net income is 22%. The projected CAGR for the next 3 years is 37%.

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
378.65 USD

According to Wall Street analysts, the average 1-year price target for CDNS is 378.65 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
14%

For the last 14 years the compound annual growth rate for Cadence Design Systems Inc's revenue is 12%. The projected CAGR for the next 3 years is 14%.

What is Cadence Design Systems Inc's Operating Income forecast?
Projected CAGR
28%

For the last 14 years the compound annual growth rate for Cadence Design Systems Inc's operating income is 21%. The projected CAGR for the next 3 years is 28%.

What is Cadence Design Systems Inc's Net Income forecast?
Projected CAGR
37%

For the last 14 years the compound annual growth rate for Cadence Design Systems Inc's net income is 22%. The projected CAGR for the next 3 years is 37%.

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