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CDNS Stock 12 Month Forecast
Average Price Target
$376.64
▲(20.27% Upside)
Based on 12 Wall Street analysts offering 12 month price targets for Cadence Design in the last 3 months. The average price target is $376.64 with a high forecast of $418.00 and a low forecast of $275.00. The average price target represents a 20.27% change from the last price of $313.17.
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The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CDNS Analyst Recommendation Trends
Rating
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
Strong Buy
0
0
0
0
0
Buy
35
47
55
51
44
Hold
3
5
12
17
16
Sell
1
1
1
1
1
Strong Sell
0
0
0
0
0
total
39
53
68
69
61
In the current month, CDNS has received 44Buy Ratings, 16Hold Ratings, and 1Sell Ratings. CDNS average Analyst price target in the past 3 months is 376.64.
Each month's total comprises the sum of three months' worth of ratings.
CDNS Financial Forecast
CDNS Earnings Forecast
Next quarter’s earnings estimate for CDNS is $1.91 with a range of $1.88 to $1.95. The previous quarter’s EPS was $1.93. CDNS beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 66.27% of the time in the same period. In the last calendar year CDNS has Performed in-line its overall industry.
Next quarter’s earnings estimate for CDNS is $1.91 with a range of $1.88 to $1.95. The previous quarter’s EPS was $1.93. CDNS beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 66.27% of the time in the same period. In the last calendar year CDNS has Performed in-line its overall industry.
CDNS Sales Forecast
Next quarter’s sales forecast for CDNS is $1.42B with a range of $1.42B to $1.44B. The previous quarter’s sales results were $1.34B. CDNS beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 70.06% of the time in the same period. In the last calendar year CDNS has Performed in-line its overall industry.
Next quarter’s sales forecast for CDNS is $1.42B with a range of $1.42B to $1.44B. The previous quarter’s sales results were $1.34B. CDNS beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 70.06% of the time in the same period. In the last calendar year CDNS has Performed in-line its overall industry.
CDNS Stock Forecast FAQ
What is CDNS’s average 12-month price target, according to analysts?
Based on analyst ratings, Cadence Design Systems’s 12-month average price target is 376.64.
What is CDNS’s upside potential, based on the analysts’ average price target?
Cadence Design Systems has 20.27% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CDNS a Buy, Sell or Hold?
Cadence Design Systems has a consensus rating of Strong Buy which is based on 9 buy ratings, 3 hold ratings and 0 sell ratings.
What is Cadence Design Systems’s price target?
The average price target for Cadence Design Systems is 376.64. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $418.00 ,the lowest forecast is $275.00. The average price target represents 20.27% Increase from the current price of $313.17.
What do analysts say about Cadence Design Systems?
Cadence Design Systems’s analyst rating consensus is a Strong Buy. This is based on the ratings of 12 Wall Streets Analysts.
How can I buy shares of CDNS?
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