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Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 353.63 USD 1.18% Market Closed
Market Cap: $97.6B

Wall St Price Targets

CDNS Price Targets Summary
Cadence Design Systems Inc

Wall Street analysts forecast CDNS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CDNS is 379.56 USD with a low forecast of 277.75 USD and a high forecast of 430.5 USD.

Lowest Forecast
Price Target
277.75 USD
21% Downside
Average Forecast
Price Target
379.56 USD
7% Upside
Highest Forecast
Price Target
430.5 USD
22% Upside
Cadence Design Systems Inc Competitors:
Price Targets
BEM
Bangkok Expressway and Metro PCL
63% Upside
PDSB
PDS Biotechnology Corp
622% Upside
BDSX
Biodesix Inc
105% Upside
MYPS
Playstudios Inc
234% Upside

Revenue
Forecast

12% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
12% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 14 years, the compound annual growth rate for Revenue has been 12%. The projected CAGR for the next 3 years is 14%.

Operating Income
Forecast

21% / Year
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-37%
Average Miss
21% / Year
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-37%
Average Miss

Over the last 14 years, the compound annual growth rate for Operating Income has been 21%. The projected CAGR for the next 3 years is 28%.

Net Income
Forecast

22% / Year
Past Growth
39% / Year
Estimated Growth
Estimates Accuracy
-33%
Average Miss
22% / Year
Past Growth
39% / Year
Estimated Growth
Estimates Accuracy
-33%
Average Miss

Over the last 14 years, the compound annual growth rate for Net Income has been 22%. The projected CAGR for the next 3 years is 39%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is CDNS's stock price target?
Price Target
379.56 USD

According to Wall Street analysts, the average 1-year price target for CDNS is 379.56 USD with a low forecast of 277.75 USD and a high forecast of 430.5 USD.

What is the Revenue forecast for Cadence Design Systems Inc?
Projected CAGR
14%

Over the last 14 years, the compound annual growth rate for Revenue has been 12%. The projected CAGR for the next 3 years is 14%.

What is the Operating Income forecast for Cadence Design Systems Inc?
Projected CAGR
28%

Over the last 14 years, the compound annual growth rate for Operating Income has been 21%. The projected CAGR for the next 3 years is 28%.

What is the Net Income forecast for Cadence Design Systems Inc?
Projected CAGR
39%

Over the last 14 years, the compound annual growth rate for Net Income has been 22%. The projected CAGR for the next 3 years is 39%.

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