Cadence Design Systems Stock Forecast for 2023 - 2025 - 2030
Updated on 05/19/2024
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 14.26% 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).
14.26% 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
|
$1.40k | Buy/Sell | $1.21k | 11.80% |
| CRM Stock Forecast | Salesforce | Outperform |
14
|
$285.61 | Buy/Sell | $285.37 | 20.09% |
| ADBE Stock Forecast | Adobe | Outperform |
14
|
$483.43 | Buy/Sell | $645.37 | 32.39% |
| QCOM Stock Forecast | QUALCOMM Inc | Outperform |
3
|
$193.86 | Buy/Sell | $153.31 | -4.57% |
| SNPS Stock Forecast | Synopsys | Buy |
9
|
$566.73 | Buy/Sell | $611.27 | 12.75% |
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
|
37.75€ | Buy/Sell | 45.04€ | 16.56% |
| MCHP Stock Forecast | Microchip Technology Inc | Outperform |
10
|
$94.33 | Buy/Sell | $92.90 | 6.01% |
| FTNT Stock Forecast | Fortinet | Outperform |
11
|
$61.43 | Buy/Sell | $75.72 | 13.95% |
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| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| ANSS Stock Forecast | ANSYS | Hold |
16
|
$327.71 | Buy/Sell | $349.37 | 5.28% |
| KEYS Stock Forecast | Keysight Technologies | Outperform |
15
|
$157.30 | Buy/Sell | $164.47 | 3.31% |
| 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
|
$184.22 | Buy/Sell | $182.20 | 9.11% |
| TER Stock Forecast | Teradyne | Outperform |
18
|
$131.91 | Buy/Sell | $109.99 | -9.03% |
| SWKS Stock Forecast | Skyworks Solutions Inc | Hold |
16
|
$93.62 | Buy/Sell | $116.01 | 3.61% |
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
|
$174.13 | Buy/Sell | $193.33 | 4.52% |
| QRVO Stock Forecast | Qorvo | Hold |
5
|
$98.43 | Buy/Sell | $112.46 | 11.75% |
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
|
$30.48 | Buy/Sell | $49.55 | 34.51% |
| ALTR Stock Forecast | Altair Engineering | Outperform |
15
|
$90.50 | Buy/Sell | $77.00 | 4.97% |
| RMBS Stock Forecast | Rambus | Buy |
11
|
$57.97 | Buy/Sell | $70.50 | 29.38% |
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
|
$66.83 | Buy/Sell | $45.68 | 2.50% |
| SDGR Stock Forecast | Schrödinger | Outperform |
6
|
$22.76 | Buy/Sell | $44.22 | 60.37% |
| 6643 Stock Forecast | M31 Technology | Outperform |
16
|
NT$1.06k | Buy/Sell | NT$1.45k | 44.55% |
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