Cadence Design Systems Stock Forecast for 2023 - 2025 - 2030
Updated on 05/21/2024
Cadence Design Systems Stock Forecast and Price Target
The average price target of $330.00 for Cadence Design Systems's stock set by distinguished analysts in recent weeks would represent a potential upside of approximately 12.83% from the last closing price in May, 2024 if reached by the end of the year. This potential increase is based on a high estimate of $350.00 and a low estimate of $240.00. If you're looking for Cadence Design Systems (CDNS) stock information, you might also want to check out ANSYS (NasdaqGS:ANSS).
12.83% Upside
Cadence Design Systems Fair Value Forecast for 2023 - 2025 - 2030
In the last four years, Cadence Design Systems's Price has decreased from $99.99 to $0.00 – a 100.00% drop. In the next year, analysts believe that Fair Value will reach $172.12 – an increase of 100.00%. For the next seven years, experts predict that Cadence Design Systems's Fair Value will grow at a rate of 100.00%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
AVGO Stock Forecast | Broadcom | Outperform |
8
|
$1.41k | Buy/Sell | $1.21k | 10.32% |
CRM Stock Forecast | Salesforce | Outperform |
14
|
$287.07 | Buy/Sell | $285.37 | 19.48% |
ADBE Stock Forecast | Adobe | Outperform |
14
|
$484.69 | Buy/Sell | $645.37 | 32.04% |
QCOM Stock Forecast | QUALCOMM Inc | Outperform |
3
|
$197.76 | Buy/Sell | $153.31 | -6.45% |
SNPS Stock Forecast | Synopsys | Buy |
9
|
$574.38 | Buy/Sell | $611.27 | 11.25% |
Cadence Design Systems Revenue Forecast for 2023 - 2025 - 2030
Cadence Design Systems's Revenue has grown In the last two years, rising from $2.99B to $4.09B – a growth of 36.87%. For the following year, the 4 analysts predict that Cadence Design Systems's Revenue will drop by 2.35%, reaching $3.99B. For the next seven years, experts predict that Cadence Design Systems's Revenue will grow at a rate of 26.98%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
DSY Stock Forecast | Dassault Systèmes | Outperform |
14
|
37.89€ | Buy/Sell | 45.04€ | 16.13% |
MCHP Stock Forecast | Microchip Technology Inc | Outperform |
10
|
$96.46 | Buy/Sell | $92.90 | 3.67% |
FTNT Stock Forecast | Fortinet | Outperform |
11
|
$62.34 | Buy/Sell | $75.72 | 12.29% |
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
ANSS Stock Forecast | ANSYS | Hold |
16
|
$328.59 | Buy/Sell | $349.37 | 4.99% |
KEYS Stock Forecast | Keysight Technologies | Outperform |
15
|
$159.75 | Buy/Sell | $164.47 | 1.72% |
SPLK Stock Forecast | Splunk | - |
7
|
$156.50 | Buy/Sell | $144.17 | -100.00% |
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
PTC Stock Forecast | PTC | Buy |
15
|
$184.00 | Buy/Sell | $182.20 | 9.24% |
TER Stock Forecast | Teradyne | Outperform |
18
|
$139.51 | Buy/Sell | $109.99 | -12.55% |
SWKS Stock Forecast | Skyworks Solutions Inc | Hold |
16
|
$94.05 | Buy/Sell | $116.01 | 3.14% |
Cadence Design Systems EBITDA Forecast for 2023 - 2025 - 2030
In the last two years, Cadence Design Systems's EBITDA has grown, moving from $922.95M to $1.42B – an increase of 53.81%. In the next year, analysts predict that EBITDA will jump to $1.87B – up 31.62% from the current level. Looking ahead to seven years, experts forecast that EBITDA will grow by 76.24%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
JNPR Stock Forecast | Juniper Networks | Hold |
17
|
$34.64 | Buy/Sell | $37.77 | 15.47% |
FFIV Stock Forecast | F5 Networks Inc | Hold |
15
|
$174.25 | Buy/Sell | $193.33 | 5.19% |
QRVO Stock Forecast | Qorvo | Hold |
5
|
$98.68 | Buy/Sell | $112.46 | 11.47% |
Cadence Design Systems EBIT Forecast for 2023 - 2025 - 2030
In the last two years, Cadence Design Systems's EBIT has seen an increase, rising from $780.64M to $1.27B. This represents a growth of 63.24%. Analysts predict that Cadence Design Systems's EBIT will increase in the upcoming year, reaching $1.68B. This would represent an increase of 32.02%. Over the next seven years, experts predict that Cadence Design Systems's EBIT will grow at a rate of 73.10%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
OTEX Stock Forecast | Open Text | Outperform |
18
|
$31.13 | Buy/Sell | $49.55 | 31.71% |
ALTR Stock Forecast | Altair Engineering | Outperform |
15
|
$91.47 | Buy/Sell | $77.00 | 3.86% |
RMBS Stock Forecast | Rambus | Buy |
11
|
$59.45 | Buy/Sell | $70.50 | 26.16% |
Cadence Design Systems EPS Price Prediction Forecast for 2023 - 2025 - 2030
In the last four years, Cadence Design Systems's EPS has decreased from $2.80 to $0.00 – a 100.00% drop. In the next year, analysts believe that EPS will reach $4.82 – an increase of 100.00%. For the next seven years, experts predict that Cadence Design Systems's EPS will grow at a rate of 100.00%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
ALU Stock Forecast | Altium | Hold |
18
|
$66.76 | Buy/Sell | $45.68 | 2.61% |
SDGR Stock Forecast | Schrödinger | Outperform |
6
|
$22.60 | Buy/Sell | $44.22 | 61.50% |
6643 Stock Forecast | M31 Technology | Outperform |
16
|
NT$1.07k | Buy/Sell | NT$1.45k | 42.52% |