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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: 295.4 USD 4.42% Market Closed
Market Cap: $81.4B

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 410.55 USD with a low forecast of 303 USD and a high forecast of 493.5 USD.

Lowest Forecast
Price Target
303 USD
3% Upside
Average Forecast
Price Target
410.55 USD
39% Upside
Highest Forecast
Price Target
493.5 USD
67% Upside
Cadence Design Systems Inc Competitors:
Price Targets

Revenue
Forecast

11% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
11% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 11%. The projected CAGR for the next 8 years is 13%.

Gross Profit
Forecast

11% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss
11% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Over the last 13 years, the compound annual growth rate for Gross Profit has been 11%. The projected CAGR for the next 8 years is 13%.

Operating Income
Forecast

17% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss
17% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss

Over the last 13 years, the compound annual growth rate for Operating Income has been 17%. The projected CAGR for the next 5 years is 18%.

Pre-Tax Income
Forecast

17% / Year
Past Growth
33% / Year
Estimated Growth
Estimates Accuracy
-38%
Average Miss
17% / Year
Past Growth
33% / Year
Estimated Growth
Estimates Accuracy
-38%
Average Miss

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 17%. The projected CAGR for the next 3 years is 33%.

Net Income
Forecast

7% / Year
Past Growth
21% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss
7% / Year
Past Growth
21% / Year
Estimated Growth
Estimates Accuracy
-36%
Average Miss

Over the last 13 years, the compound annual growth rate for Net Income has been 7%. The projected CAGR for the next 8 years is 21%.

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
410.55 USD

According to Wall Street analysts, the average 1-year price target for CDNS is 410.55 USD with a low forecast of 303 USD and a high forecast of 493.5 USD.

What is the Revenue forecast for Cadence Design Systems Inc?
Projected CAGR
13%

Over the last 13 years, the compound annual growth rate for Revenue has been 11%. The projected CAGR for the next 8 years is 13%.

What is the Gross Profit forecast for Cadence Design Systems Inc?
Projected CAGR
13%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 11%. The projected CAGR for the next 8 years is 13%.

What is the Operating Income forecast for Cadence Design Systems Inc?
Projected CAGR
18%

Over the last 13 years, the compound annual growth rate for Operating Income has been 17%. The projected CAGR for the next 5 years is 18%.

What is the Pre-Tax Income forecast for Cadence Design Systems Inc?
Projected CAGR
33%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 17%. The projected CAGR for the next 3 years is 33%.

What is the Net Income forecast for Cadence Design Systems Inc?
Projected CAGR
21%

Over the last 13 years, the compound annual growth rate for Net Income has been 7%. The projected CAGR for the next 8 years is 21%.

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