Cadence Design Systems (CDNS) Stock Forecast & Price Prediction

Estimation of the future price movement of Cadence Design Systems stock, based on various factors such as historical price trends, market trends, company performance, and economic conditions.

Price target


Current $315.24

Concensus $190.43


Low $165.00

Median $180.00

High $235.00

Based on analysts projections #CDNS is expected to experience a price decline over the next year.

The current average CDNS price target, as estimated by these analysts, is $190.43.

The predictions for the future CDNS stock price range from a low of $165.00 to a high of $235.00, highlighting the variability of market expectations for CDNS.

It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.

CDNS stock forecasts by analyst

Analyst / firm Date Rating Price target Price when posted
Charles Shi
Needham
April 25, 2023 Sell 235.00 202.98
Charles Shi
Needham
October 25, 2022 Sell 200.00 153.40
Johannes Schaller
Deutsche Bank
September 28, 2022 Sell 200.00 166.97
Charles Shi
Needham
April 28, 2022 Sell 193.00 153.41
UBS April 26, 2022 Sell 180.00 153.67
Gal Munda
Berenberg Bank
February 23, 2022 Sell 180.00 140.88
Jason Celino
KeyBanc
January 14, 2022 Sell 205.00 161.75
Ruben Roy
Westpark Capital
July 15, 2021 Sell 168.00 137.55
Thomas Diffely
D.A. Davidson
April 27, 2021 Sell 165.00 132.75

Cadence Design Systems (CDNS) Fundamentals Checker

Financial metrics are used to evaluate financial stability which helps analysts determine if Cadence Design Systems is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.

Strong Buy

Financial Scores

Updated on: 03/03/2024

Altman Z-Score: 25.5

Piotroski Score: 8.0

ESG Score

Updated on: 03/03/2024

Environmental: 48.5

Social: 52.2

Governance: 62.6

Financial Health

Updated on: 03/03/2024

DCF: Neutral

ROE: Strong Buy

ROA: Strong Buy

Debt to equity ratio: Neutral

Price to earnings ratio: Strong Buy

Price to book ratio: Strong Buy

CDNS Discounted Cash Flow

Updated on: 03/03/2024

$319.145
Discounted Cash Flow Value


$315.240
Current Price

CDNS Revenues by Segment

Updated on: 03/03/2024

Product and maintenance
$33,401,970.00
Technology Service
$2,215,210.00

Revenue from Contract with Customer, Excluding Assessed Tax

CDNS Revenues by Region

Updated on: 03/03/2024

Americas
$16,310,040.00
Asia
$11,510,420.00
CHINA
$5,215,090.00
EMEA
$5,823,500.00
JAPAN
$1,973,220.00
Other America
$531,230.00
Other Asia
$6,295,330.00
UNITED STATES
$15,778,810.00

CDNS Notes Due

Updated on: 03/03/2024

CIKExchangeTitle

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Cadence Design Systems (CDNS) Social Sentiments

Monitoring bullish and bearish sentiments towards Cadence Design Systems on Twitter and Stocktwits could help to forecast an upward or downward trend in Cadence Design Systems stock price.

No social results for CDNS

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