Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 247.43 USD 2.43% Market Closed
Market Cap: 67.8B USD
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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 332.28 USD with a low forecast of 227.25 USD and a high forecast of 372.75 USD.

Lowest
Price Target
227.25 USD
8% Downside
Average
Price Target
332.28 USD
34% Upside
Highest
Price Target
372.75 USD
51% Upside
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Revenue
Forecast

Revenue Estimate
Cadence Design Systems Inc

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 13%.

12%
Past Growth
13%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

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 22%. The projected CAGR for the next 3 years is 27%.

22%
Past Growth
27%
Estimated Growth
Estimates Accuracy
-36%
Average Miss

Net Income
Forecast

Net Income Estimate
Cadence Design Systems Inc

For the last 8 years the compound annual growth rate for Cadence Design Systems Inc's net income is 23%. The projected CAGR for the next 3 years is 32%.

23%
Past Growth
32%
Estimated Growth
Estimates Accuracy
-34%
Average Miss
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
332.28 USD

According to Wall Street analysts, the average 1-year price target for CDNS is 332.28 USD with a low forecast of 227.25 USD and a high forecast of 372.75 USD.

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

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 13%.

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

For the last 8 years the compound annual growth rate for Cadence Design Systems Inc's operating income is 22%. The projected CAGR for the next 3 years is 27%.

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 23%. The projected CAGR for the next 3 years is 32%.

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