Cadence Design Systems, Inc. (CDNS)

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 $369.47, which forecasts a 25.60% increase in the stock price over the next year. The lowest target is $225 and the highest is $418.

Price Target: $369.47 (+25.60%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$225	$369.47	$380	$418
Change	-23.51%	+25.60%	+29.18%	+42.10%

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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	7	6	7	7	7	7
Buy	5	5	5	5	5	6
Hold	2	2	2	2	2	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	15	14	15	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Blair Abernethy Rosenblatt	Rosenblatt	Strong Buy Maintains $360	Strong Buy	Maintains	$360	+22.38%	Feb 26, 2026
Joe Quatrochi Wells Fargo	Wells Fargo	Buy Maintains $410 → $375	Buy	Maintains	$410 → $375	+27.48%	Feb 18, 2026
Blair Abernethy Rosenblatt	Rosenblatt	Hold → Strong Buy Upgrades $335 → $360	Hold → Strong Buy	Upgrades	$335 → $360	+22.38%	Feb 18, 2026
Clarke Jeffries Piper Sandler	Piper Sandler	Hold Maintains $355 → $319	Hold	Maintains	$355 → $319	+8.44%	Feb 18, 2026
Lee Simpson Morgan Stanley	Morgan Stanley	Buy Maintains $385 → $370	Buy	Maintains	$385 → $370	+25.78%	Feb 18, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.13B

Increased by 15.81%

from 5.30B

Revenue Next Year

6.89B

Increased by 12.37%

from 6.13B

EPS This Year

8.24

Increased by 103.04%

from 4.06

EPS Next Year

9.47

Increased by 14.89%

from 8.24

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 1, 2022	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.99B	3.56B	4.09B	4.64B	5.30B	6.13B	6.89B
Revenue Growth	11.38%	19.19%	14.83%	13.48%	14.12%	15.81%	12.37%
EPS	2.50	3.09	3.82	3.85	4.06	8.24	9.47
EPS Growth	18.48%	23.60%	23.63%	0.78%	5.46%	103.04%	14.89%
Forward PE	-	-	-	-	-	35.68	31.06
No. Analysts	-	-	-	-	-	29	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	6.5B	7.5B
Avg	6.1B	6.9B
Low	5.8B	6.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	22.5%	22.6%
Avg	15.8%	12.4%
Low	9.9%	3.8%

EPS Forecast

EPS	2026	2027	2028
High	8.73	10.24
Avg	8.24	9.47
Low	7.66	8.41

EPS Growth

EPS Growth	2026	2027	2028
High	114.9%	24.2%
Avg	103.0%	14.9%
Low	88.7%	2.0%

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.