Cadence Design Systems Inc
NASDAQ:CDNS
Wall Street
Price Targets
CDNS Price Targets Summary
Cadence Design Systems Inc
According to Wall Street analysts, the average 1-year price target for CDNS is 335.97 USD with a low forecast of 282.8 USD and a high forecast of 367.5 USD.
CDNS Last Price Targets
Cadence Design Systems Inc
The latest public price target was made on Apr 23, 2024 by Clarke Jeffries from Piper Sandler , who expects CDNS stock to rise by 15% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.
Analyst | Price Target | Date | Article |
---|---|---|---|
Clarke Jeffries
Piper Sandler
|
318
USD
Upside 15% |
2 days ago
Apr 23, 2024
|
Cadence Designs (CDNS) PT Lowered to $318 at Piper Sandler
StreetInsider
|
Jon Vruwink
Robert W. Baird
|
322
USD
Upside 16% |
1 week ago
Apr 18, 2024
|
Cadence Designs (CDNS) PT Raised to $322 at Baird
StreetInsider
|
Jason Celino
KeyBanc
|
340
USD
Upside 22% |
1 week ago
Apr 15, 2024
|
Cadence Designs (CDNS) PT Raised to $340 at KeyBanc
StreetInsider
|
Clarke Jeffries
Piper Sandler
|
334
USD
Upside 20% |
3 weeks ago
Apr 4, 2024
|
Cadence Design initiated with a Neutral at Piper Sandler
TheFly
|
Charles Shi
Needham
|
235
USD
Downside 15% |
1 year ago
Apr 25, 2023
|
Buy the Dip: Analysts Eye Cadence's Pullback as Golden Opportunity After Q1 Beat
Benzinga
|
Operating Income
Forecast
Operating Income Estimate
Cadence Design Systems Inc
For the last 8 years the compound annual growth rate for Cadence Design Systems Inc's operating income is 20%. The projected CAGR for the next 3 years is 31%.
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
335.97
USD
According to Wall Street analysts, the average 1-year price target for CDNS is 335.97 USD with a low forecast of 282.8 USD and a high forecast of 367.5 USD.
What is Cadence Design Systems Inc's Revenue forecast?
Projected CAGR
14%
For the last 8 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
31%
For the last 8 years the compound annual growth rate for Cadence Design Systems Inc's operating income is 20%. The projected CAGR for the next 3 years is 31%.
What is Cadence Design Systems Inc's Net Income forecast?
Projected CAGR
32%
For the last 8 years the compound annual growth rate for Cadence Design Systems Inc's net income is 19%. The projected CAGR for the next 3 years is 32%.