Cadence Design Systems, Inc. (CDNS) Stock Forecast
Data as of Oct 31, 2026Technology · Current price $326.25 (-4.82%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 18, 2026 | Ruben Roy | Stifel Nicolaus | $395.00 | +21.1% |
| Feb 18, 2026 | Joe Quatrochi | Wells Fargo | $375.00 | +14.9% |
| Dec 1, 2025 | Edward Yang | Oppenheimer | $275.00 | -15.7% |
| Oct 28, 2025 | Jason Celino | KeyBanc | $405.00 | +24.1% |
| Oct 28, 2025 | Joe Vruwink | Robert W. Baird | $418.00 | +28.1% |
| Oct 28, 2025 | Gal Munda | Wolfe Research | $385.00 | +18.0% |
| Oct 2, 2025 | Andrew DeGasperi | BNP Paribas | $400.00 | +22.6% |
| Jul 29, 2025 | Clarke Jeffries | Piper Sandler | $355.00 | +8.8% |
| Apr 15, 2025 | Siti Panigrahi | Mizuho Securities | $300.00 | -8.0% |
| Nov 11, 2024 | Gary Mobley | Loop Capital Markets | $360.00 | +10.3% |
| Oct 29, 2024 | Vivek Arya | Bank of America Securities | $310.00 | -5.0% |
| Oct 29, 2024 | Charles Shi | Needham | $315.00 | -3.4% |
| Oct 29, 2024 | Jon Vruwink | Robert W. Baird | $340.00 | +4.2% |
| Oct 29, 2024 | Ruben Roy | Stifel Nicolaus | $350.00 | +7.3% |
| Oct 21, 2024 | Siti Panigrahi | Mizuho Securities | $325.00 | -0.4% |
| Sep 24, 2024 | Edward Yang | Oppenheimer | $225.00 | -31.0% |
| Jul 23, 2024 | Joe Vruwink | Robert W. Baird | $338.00 | +3.6% |
| Jul 2, 2024 | Jon Vruwink | Robert W. Baird | $341.00 | +4.5% |
| Jun 27, 2024 | Jason Celino | KeyBanc | $355.00 | +8.8% |
| Jun 6, 2024 | Jason Celino | KeyBanc | $350.00 | +7.3% |
Top Analysts Covering CDNS
CDNS vs Sector & Market
| Metric | CDNS | Technology Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.07 | 2.39 | 2.41 |
| Analyst Count | 14 | 14 | 19 |
| Target Upside | +24.2% | +3582.5% | +21.5% |
| P/E Ratio | 76.05 | 40.40 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $6.08B | $6.13B | $6.24B | 12 |
| 2027-03-31 | $1.55B | $1.60B | $1.62B | 5 |
| 2027-06-30 | $1.60B | $1.64B | $1.67B | 5 |
| 2027-09-30 | $1.68B | $1.72B | $1.76B | 5 |
| 2027-12-31 | $1.80B | $1.85B | $1.88B | 5 |
| 2028-03-31 | $1.70B | $1.74B | $1.78B | 4 |
| 2028-06-30 | $1.73B | $1.78B | $1.81B | 4 |
| 2028-09-30 | $1.87B | $1.92B | $1.95B | 4 |
| 2028-12-31 | $2.10B | $2.16B | $2.20B | 4 |
| 2029-12-31 | $8.01B | $8.15B | $8.33B | 2 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $7.58 | $7.87 | $8.05 | 6 |
| 2027-03-31 | $2.02 | $2.09 | $2.14 | 3 |
| 2027-06-30 | $2.10 | $2.18 | $2.23 | 3 |
| 2027-09-30 | $2.28 | $2.36 | $2.42 | 4 |
| 2027-12-31 | $2.56 | $2.66 | $2.72 | 3 |
| 2028-03-31 | $2.22 | $2.31 | $2.36 | 4 |
| 2028-06-30 | $2.34 | $2.43 | $2.48 | 4 |
| 2028-09-30 | $2.57 | $2.66 | $2.73 | 6 |
| 2028-12-31 | $3.11 | $3.23 | $3.30 | 4 |
| 2029-12-31 | $10.74 | $10.99 | $11.30 | 1 |
Frequently Asked Questions
What is the analyst consensus for CDNS?
The consensus among 14 analysts covering Cadence Design Systems, Inc. (CDNS) is Buy with an average price target of $401.60.
What is the highest price target for CDNS?
The highest price target for CDNS is $418.00, set by Joe Vruwink at Robert W. Baird on 2025-10-28.
What is the lowest price target for CDNS?
The lowest price target for CDNS is $165.00, set by Thomas Diffely at D.A. Davidson on 2021-04-27.
How many analysts cover CDNS?
14 analysts have issued ratings for Cadence Design Systems, Inc. in the past 12 months.
Is CDNS a buy or sell right now?
Based on 14 analyst ratings, CDNS has a consensus rating of Buy (2.07/5) with a +24.2% upside to the consensus target of $401.60.
What are the earnings estimates for CDNS?
Analysts estimate CDNS will report EPS of $7.87 for the period ending 2026-12-31, with revenue estimated at $6.13B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.