Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
306.35
+2.69 (0.89%)
At close: Nov 26, 2025, 4:00 PM EST
307.08
+0.73 (0.24%)
After-hours: Nov 26, 2025, 7:46 PM EST
Cadence Design Systems Stock Forecast
Stock Price Forecast
The 15 analysts that cover Cadence Design Systems stock have a consensus rating of "Strong Buy" and an average price target of $371.2, which forecasts a 21.17% increase in the stock price over the next year. The lowest target is $225 and the highest is $418.
Price Target: $371.2 (+21.17%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cadence Design Systems stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 7 | 7 | 7 | 6 | 7 |
| Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 15 | 15 | 15 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Initiates $385 | Strong Buy | Initiates | $385 | +25.67% | Nov 24, 2025 |
| Oppenheimer | Oppenheimer | Sell Maintains $200 → $225 | Sell | Maintains | $200 → $225 | -26.55% | Oct 28, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $405 → $410 | Buy | Maintains | $405 → $410 | +33.83% | Oct 28, 2025 |
| Baird | Baird | Buy Maintains $390 → $418 | Buy | Maintains | $390 → $418 | +36.45% | Oct 28, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $390 → $405 | Buy | Maintains | $390 → $405 | +32.20% | Oct 28, 2025 |
Financial Forecast
Revenue This Year
5.39B
from 4.64B
Increased by 16.02%
Revenue Next Year
6.05B
from 5.39B
Increased by 12.35%
EPS This Year
7.17
from 3.85
Increased by 86.35%
EPS Next Year
8.19
from 7.17
Increased by 14.20%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.6B | 6.4B | |||
| Avg | 5.4B | 6.1B | |||
| Low | 5.1B | 5.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.8% | 18.0% | |||
| Avg | 16.0% | 12.3% | |||
| Low | 10.8% | 5.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.44 | 8.98 | |||
| Avg | 7.17 | 8.19 | |||
| Low | 6.66 | 7.40 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 93.4% | 25.1% | |||
| Avg | 86.4% | 14.2% | |||
| Low | 73.1% | 3.1% |
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.