Cadence Design Systems In...
293.86
1.36 (0.46%)
At close: Jan 14, 2025, 3:59 PM
294.19
0.11%
After-hours Jan 14, 2025, 04:00 PM EST

Cadence Design Systems Inc. Forecast

Stock Price Forecast

The 14 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 19.10% from the current stock price of 293.86.

Analyst Consensus: Buy
Target Low Average Median High
Price $280 $337.54 $350 $360
Change -4.72% 14.86% 19.10% 22.51%

AI Analyst Report

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

Updated Oct 29, 2024

Rating Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25
Strong Buy 000000
Buy 104211
Hold 102000
Sell 010000
Strong Sell 000000
Total 2 1 6 2 1 1

Financial Forecast this Year

Revenue This Year
4.63B
from 4.09B
Increased by 13.3%
Revenue Next Year
5.25B
from 4.63B
Increased by 13.2%
EPS This Year
5.92
from 3.86
Increased by 53.4%
EPS Next Year
6.84
from 5.92
Increased by 15.5%