Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
364.88
+7.91 (2.22%)
At close: Aug 4, 2025, 4:00 PM
366.10
+1.22 (0.33%)
After-hours: Aug 4, 2025, 7:45 PM EDT
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 $360.33, which forecasts a -1.25% decrease in the stock price over the next year. The lowest target is $200 and the highest is $405.
Price Target: $360.33 (-1.25%)
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 7 |
| Buy | 5 | 5 | 6 | 6 | 6 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 13 | 13 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $370 → $390 | Strong Buy | Maintains | $370 → $390 | +6.88% | Jul 29, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $330 → $390 | Buy | Maintains | $330 → $390 | +6.88% | Jul 29, 2025 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $328 → $355 | Buy → Hold | Downgrades | $328 → $355 | -2.71% | Jul 29, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $365 → $405 | Buy | Maintains | $365 → $405 | +11.00% | Jul 29, 2025 |
| Keybanc | Keybanc | Buy Maintains $358 → $405 | Buy | Maintains | $358 → $405 | +11.00% | Jul 29, 2025 |
Financial Forecast
Revenue This Year
5.30B
from 4.64B
Increased by 14.19%
Revenue Next Year
5.94B
from 5.30B
Increased by 12.11%
EPS This Year
6.93
from 3.85
Increased by 79.88%
EPS Next Year
7.93
from 6.93
Increased by 14.54%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.5B | 6.2B | 7.1B | ||
| Avg | 5.3B | 5.9B | 6.6B | ||
| Low | 5.0B | 5.6B | 5.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.4% | 17.3% | 18.8% | ||
| Avg | 14.2% | 12.1% | 11.8% | ||
| Low | 8.4% | 5.3% | -1.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.23 | 8.47 | 9.95 | ||
| Avg | 6.93 | 7.93 | 9.09 | ||
| Low | 6.62 | 7.10 | 7.11 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 87.9% | 22.4% | 25.5% | ||
| Avg | 79.9% | 14.5% | 14.6% | ||
| Low | 71.8% | 2.5% | -10.3% |
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.