Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
341.30
-10.10 (-2.87%)
Oct 28, 2025, 4:00 PM EDT - Market closed
Cadence Design Systems Stock Forecast
Stock Price Forecast
The 14 analysts that cover Cadence Design Systems stock have a consensus rating of "Buy" and an average price target of $370.21, which forecasts a 8.47% increase in the stock price over the next year. The lowest target is $225 and the highest is $418.
Price Target: $370.21 (+8.47%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cadence Design Systems stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 7 | 7 | 7 | 6 |
| Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Sell Maintains $200 → $225 | Sell | Maintains | $200 → $225 | -34.08% | Oct 28, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $405 → $410 | Buy | Maintains | $405 → $410 | +20.13% | Oct 28, 2025 |
| Baird | Baird | Buy Maintains $390 → $418 | Buy | Maintains | $390 → $418 | +22.47% | Oct 28, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $390 → $405 | Buy | Maintains | $390 → $405 | +18.66% | Oct 28, 2025 |
| Rosenblatt | Rosenblatt | Hold Maintains $320 → $335 | Hold | Maintains | $320 → $335 | -1.85% | Oct 28, 2025 |
Financial Forecast
Revenue This Year
5.35B
from 4.64B
Increased by 15.31%
Revenue Next Year
6.00B
from 5.35B
Increased by 12.18%
EPS This Year
6.97
from 3.85
Increased by 81.11%
EPS Next Year
7.99
from 6.97
Increased by 14.65%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.5B | 6.3B | |||
| Avg | 5.4B | 6.0B | |||
| Low | 5.1B | 5.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.4% | 17.7% | |||
| Avg | 15.3% | 12.2% | |||
| Low | 9.8% | 4.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.42 | 8.82 | |||
| Avg | 6.97 | 7.99 | |||
| Low | 4.98 | 5.80 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 92.8% | 26.5% | |||
| Avg | 81.1% | 14.6% | |||
| Low | 29.3% | -16.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.