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
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 '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 |
|---|---|---|---|---|---|---|---|
| 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 | Hold → Strong Buy Upgrades $335 → $360 | Hold → 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 |
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%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 6.4B | 7.3B | |||
| Avg | 6.1B | 6.8B | |||
| Low | 5.7B | 6.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 20.8% | 19.8% | |||
| Avg | 14.4% | 12.3% | |||
| Low | 8.0% | 2.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 8.98 | 10.40 | |||
| Avg | 8.21 | 9.41 | |||
| Low | 7.40 | 8.02 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| 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.