Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
337.53
+0.23 (0.07%)
At close: Dec 5, 2025, 4:00 PM EST
337.84
+0.31 (0.09%)
After-hours: Dec 5, 2025, 7:58 PM EST

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 371.2, with a low estimate of 225 and a high estimate of 418. The average target predicts an increase of 9.98% from the current stock price of 337.53.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $225 $371.2 $385 $418
Change -33.34% +9.98% +14.06% +23.84%

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 Jun '25Jul '25Aug '25Sep '25Oct '25Nov '25
Strong Buy 577767
Buy 655555
Hold 122222
Sell 111111
Strong Sell 000000
Total 131515151415

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Initiates
$385
Strong Buy Initiates $385 +14.06% Nov 24, 2025
Oppenheimer
Oppenheimer
Sell
Maintains
$200$225
Sell Maintains $200$225 -33.34% Oct 28, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$405$410
Buy Maintains $405$410 +21.47% Oct 28, 2025
Baird
Baird
Buy
Maintains
$390$418
Buy Maintains $390$418 +23.84% Oct 28, 2025
JP Morgan
JP Morgan
Buy
Maintains
$390$405
Buy Maintains $390$405 +19.99% Oct 28, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
5.39B
from 4.64B
Increased by 16.05%
Revenue Next Year
6.06B
from 5.39B
Increased by 12.51%
EPS This Year
7.19
from 3.85
Increased by 86.74%
EPS Next Year
8.20
from 7.19
Increased by 14.11%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Jan 2, 2021 Jan 1, 2022 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.68B2.99B3.56B4.09B4.64B5.39B6.06B
Revenue Growth
14.83%11.38%19.19%14.83%13.48%16.05%12.51%
EPS
2.112.503.093.823.857.198.20
EPS Growth
-40.23%18.48%23.60%23.63%0.78%86.74%14.11%
Forward PE
-----46.9541.14
No. Analysts -----2929
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027202820292030
High 5.6B 6.4B
Avg 5.4B 6.1B
Low 5.2B 5.7B

Revenue Growth

Revenue Growth 202520262027202820292030
High
19.8%
18.8%
Avg
16.0%
12.5%
Low
11.1%
6.2%

EPS Forecast

EPS 202520262027202820292030
High 7.44 8.98
Avg 7.19 8.20
Low 6.66 7.40

EPS Growth

EPS Growth 202520262027202820292030
High
93.4%
24.9%
Avg
86.7%
14.1%
Low
73.1%
2.9%
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.