Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
329.26
-2.38 (-0.72%)
At close: Nov 11, 2026, 4:00 PM EST
326.66
-2.60 (-0.79%)
Pre-market: Nov 12, 2026, 4:57 AM EST
Cadence Design Systems Stock Forecast
Stock Price Forecast
According to 24 analysts polled by S&P Global, Cadence Design Systems stock has a consensus rating of "Strong Buy" and an average price target of $411.76. The average 1-year stock price forecast is 25.06% higher than the current stock price, while the lowest is $300 (-8.89%) and the highest is $470 (+42.74%).
Price Target: $411.76 (+25.06%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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 '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 16 | 17 | 17 | 18 | 18 | 18 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 25 | 25 | 25 | 24 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bank of America Securities | Bank of America Securities | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Nov 9, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $470 | Buy | Maintains | $470 | +42.74% | Oct 27, 2026 |
| Rosenblatt Securities | Rosenblatt Securities | Buy Maintains $420 → $425 | Buy | Maintains | $420 → $425 | +29.08% | Oct 27, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $432 | Buy | Maintains | $432 | +31.20% | Oct 27, 2026 |
| Needham | Needham | Buy Maintains $400 → $430 | Buy | Maintains | $400 → $430 | +30.60% | Oct 27, 2026 |
Financial Forecast
Revenue This Year
6.41B
from 5.30B
Increased by 21.01%
Revenue Next Year
7.33B
from 6.41B
Increased by 14.41%
EPS This Year
8.42
from 7.14
Increased by 17.96%
EPS Next Year
9.85
from 8.42
Increased by 16.89%
EPS and Forward PE are based on non-GAAP adjusted numbers.