Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
301.43
+0.80 (0.27%)
Mar 4, 2026, 10:55 AM EST - Market open

Cadence Design Systems Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Cadence Design Systems stock have an average target of 369.47, with a low estimate of 225 and a high estimate of 418. The average target predicts an increase of 22.57% from the current stock price of 301.43.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $225 $369.47 $380 $418
Change -25.36% +22.57% +26.07% +38.67%

Analyst Ratings

The average analyst rating for Cadence Design Systems stock from 15 stock analysts 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 '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 767777
Buy 555556
Hold 222221
Sell 111111
Strong Sell 000000
Total 151415151515

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$360
Strong Buy Maintains $360 +19.43% Feb 26, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$410$375
Buy Maintains $410$375 +24.41% Feb 18, 2026
Rosenblatt
Rosenblatt
Strong Buy
Upgrades
$335$360
Strong Buy Upgrades $335$360 +19.43% Feb 18, 2026
Piper Sandler
Piper Sandler
Hold
Maintains
$355$319
Hold Maintains $355$319 +5.83% Feb 18, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$385$370
Buy Maintains $385$370 +22.75% Feb 18, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.06B
from 5.30B
Increased by 14.41%
Revenue Next Year
6.81B
from 6.06B
Increased by 12.34%
EPS This Year
8.21
from 4.06
Increased by 102.32%
EPS Next Year
9.41
from 8.21
Increased by 14.61%
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
2.99B3.56B4.09B4.64B5.30B6.06B6.81B
Revenue Growth
11.38%19.19%14.83%13.48%14.12%14.41%12.34%
EPS
2.503.093.823.854.068.219.41
EPS Growth
18.48%23.60%23.63%0.78%5.46%102.32%14.61%
Forward PE
-----36.7032.02
No. Analysts -----2819
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 6.4B 7.3B
Avg 6.1B 6.8B
Low 5.7B 6.2B

Revenue Growth

Revenue Growth 20262027202820292030
High
20.8%
19.8%
Avg
14.4%
12.3%
Low
8.0%
2.5%

EPS Forecast

EPS 20262027202820292030
High 8.98 10.40
Avg 8.21 9.41
Low 7.40 8.02

EPS Growth

EPS Growth 20262027202820292030
High
121.1%
26.5%
Avg
102.3%
14.6%
Low
82.2%
-2.4%
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.