Cadence Design Systems In... (CDNS)

AI Score

Hold

AI Score

Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

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At close: undefined

306.75

-0.12%

After-hours Dec 13, 2024, 05:19 PM EST

Cadence Design Systems Inc. Forcast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for CDNS stock have an median target of 350, with a low estimate of 280 and a high estimate of 360. The median target predicts an increase of 13.96% from the current stock price of 307.12.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$280	$336.5	$350	$360
Change	-8.83%	9.57%	13.96%	17.22%

AI Analyst Report

Rosenblatt maintains a Neutral rating on Cadence D... Unlock content with Pro Subscription

Updated Oct 29, 2024

Rating	Jul 24	Aug 24	Sep 24	Oct 24	Nov 24	Dec 24
Strong Buy	0	0	0	0	0	0
Buy	3	1	0	4	2	1
Hold	1	1	0	2	0	0
Sell	0	0	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	2	1	6	2	1

Financial Forecast this Year

Revenue This Year

4.63B

from 4.09B

13.1%

from 4.09B

Revenue Next Year

5.26B

from 4.63B

13.6%

from 4.63B

EPS This Year

5.88

from 3.87

51.9%

from 3.87

EPS Next Year

4.89

from 5.88

-16.8%

from 5.88