Cadence Design Systems Inc
NASDAQ:CDNS
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Cadence Design Systems Inc
Wall Street
Price Targets
CDNS Price Targets Summary
Cadence Design Systems Inc
According to Wall Street analysts, the average 1-year price target for
CDNS
is 320.54 USD
with a low forecast of 227.25 USD and a high forecast of 378 USD.
CDNS Last Price Targets
Cadence Design Systems Inc
The latest public price target was made on Nov 11, 2024 by
Gary Mobley
from
Loop Capital Markets
,
who expects
CDNS
stock to
rise by 15%
over the next 12 months.
You can read more about this price target by viewing
the article on StreetInsider.
| Analyst | Price Target | Date | Article |
|---|---|---|---|
Gary Mobley
Loop Capital Markets
|
360
USD
Upside 15% |
1 week ago
Nov 11, 2024
|
Loop Capital Starts Cadence Designs (CDNS) at Buy
StreetInsider
|
Vivek Arya
Bank of America Securities
|
310
USD
Downside 1% |
3 weeks ago
Oct 29, 2024
|
Cadence Design price target lowered to $310 from $330 at BofA
TheFly
|
Charles Shi
Needham
|
315
USD
Upside 1% |
3 weeks ago
Oct 29, 2024
|
Cadence Design price target lowered to $315 from $320 at Needham
TheFly
|
Ruben Roy
Stifel Nicolaus
|
350
USD
Upside 12% |
3 weeks ago
Oct 29, 2024
|
Stifel Reiterates Buy Rating on Cadence Designs (CDNS)
StreetInsider
|
Jon Vruwink
Robert W. Baird
|
340
USD
Upside 9% |
3 weeks ago
Oct 29, 2024
|
Cadence Designs (CDNS) PT Raised to $340 at Baird
StreetInsider
|
Siti Panigrahi
Mizuho Securities
|
325
USD
Upside 4% |
1 month ago
Oct 21, 2024
|
Mizuho Starts Cadence Designs (CDNS) at Outperform
StreetInsider
|
Edward Yang
Oppenheimer
|
225
USD
Downside 28% |
2 months ago
Sep 24, 2024
|
Cadence Design initiated with an Underperform at Oppenheimer
TheFly
|
|
Joe Vruwink
Robert W. Baird
|
338
USD
Upside 8% |
4 months ago
Jul 23, 2024
|
Cadence Design price target lowered to $338 from $341 at Baird
TheFly
|
|
Jon Vruwink
Robert W. Baird
|
341
USD
Upside 9% |
4 months ago
Jul 2, 2024
|
Cadence Designs (CDNS) PT Raised to $341 at Baird
StreetInsider
|
Jason Celino
KeyBanc
|
355
USD
Upside 14% |
4 months ago
Jun 27, 2024
|
Cadence Designs (CDNS) PT Raised to $355 at KeyBanc
StreetInsider
|
|
Jason Celino
KeyBanc
|
350
USD
Upside 12% |
5 months ago
Jun 6, 2024
|
Cadence Designs (CDNS) PT Raised to $350 at KeyBanc
StreetInsider
|
Clarke Jeffries
Piper Sandler
|
318
USD
Upside 2% |
7 months ago
Apr 23, 2024
|
Cadence Designs (CDNS) PT Lowered to $318 at Piper Sandler
StreetInsider
|
|
Jon Vruwink
Robert W. Baird
|
322
USD
Upside 3% |
7 months ago
Apr 18, 2024
|
Cadence Designs (CDNS) PT Raised to $322 at Baird
StreetInsider
|
|
Jason Celino
KeyBanc
|
340
USD
Upside 9% |
7 months ago
Apr 15, 2024
|
Cadence Designs (CDNS) PT Raised to $340 at KeyBanc
StreetInsider
|
|
Clarke Jeffries
Piper Sandler
|
334
USD
Upside 7% |
7 months ago
Apr 4, 2024
|
Cadence Design initiated with a Neutral at Piper Sandler
TheFly
|
|
Charles Shi
Needham
|
235
USD
Downside 25% |
1 year ago
Apr 25, 2023
|
Buy the Dip: Analysts Eye Cadence's Pullback as Golden Opportunity After Q1 Beat
Benzinga
|
Price Targets
Operating Income
Forecast
Operating Income Estimate
Cadence Design Systems Inc
For the last 8 years the
compound annual growth rate for
Cadence Design Systems Inc's operating income is
20%.
The projected
CAGR
for the next 3 years is
29%.
Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.
What is CDNS's stock price target?
Price Target
320.54
USD
According to Wall Street analysts, the average 1-year price target for
CDNS
is 320.54 USD
with a low forecast of 227.25 USD and a high forecast of 378 USD.
What is Cadence Design Systems Inc's Revenue forecast?
Projected CAGR
14%
For the last 8 years the
compound annual growth rate for
Cadence Design Systems Inc's revenue is
12%.
The projected
CAGR
for the next 3 years is
14%.
What is Cadence Design Systems Inc's Operating Income forecast?
Projected CAGR
29%
For the last 8 years the
compound annual growth rate for
Cadence Design Systems Inc's operating income is
20%.
The projected
CAGR
for the next 3 years is
29%.
What is Cadence Design Systems Inc's Net Income forecast?
Projected CAGR
29%
For the last 8 years the
compound annual growth rate for
Cadence Design Systems Inc's net income is
19%.
The projected
CAGR
for the next 3 years is
29%.
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