Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems Stock Forecast

Stock Price Forecast

According to 15 professional analysts, the 12-month price target for Cadence Design Systems stock ranges from a low of $225 to a high of $418. The average analyst price target of $371.2 forecasts a 9.98% increase in the stock price over the next year.

Price Target: $371.20 (+9.98%)

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 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 '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	5	7	7	7	6	7
Buy	6	5	5	5	5	5
Hold	1	2	2	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	13	15	15	15	14	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kelsey Chia Citigroup	Citigroup	Strong Buy Initiates $385	Strong Buy	Initiates	$385	+14.06%	Nov 24, 2025
Edward Yang Oppenheimer	Oppenheimer	Sell Maintains $200 → $225	Sell	Maintains	$200 → $225	-33.34%	Oct 28, 2025
Joe Quatrochi Wells Fargo	Wells Fargo	Buy Maintains $405 → $410	Buy	Maintains	$405 → $410	+21.47%	Oct 28, 2025
Joe Vruwink Baird	Baird	Buy Maintains $390 → $418	Buy	Maintains	$390 → $418	+23.84%	Oct 28, 2025
Harlan Sur 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

Increased by 16.05%

from 4.64B

Revenue Next Year

6.06B

Increased by 12.51%

from 5.39B

EPS This Year

7.19

Increased by 86.74%

from 3.85

EPS Next Year

8.20

Increased by 14.11%

from 7.19

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	2.68B	2.99B	3.56B	4.09B	4.64B	5.39B	6.06B
Revenue Growth	14.83%	11.38%	19.19%	14.83%	13.48%	16.05%	12.51%
EPS	2.11	2.50	3.09	3.82	3.85	7.19	8.20
EPS Growth	-40.23%	18.48%	23.60%	23.63%	0.78%	86.74%	14.11%
Forward PE	-	-	-	-	-	46.95	41.14
No. Analysts	-	-	-	-	-	29	29

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	5.6B	6.4B
Avg	5.4B	6.1B
Low	5.2B	5.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	19.8%	18.8%
Avg	16.0%	12.5%
Low	11.1%	6.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	7.44	8.98
Avg	7.19	8.20
Low	6.66	7.40

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
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.