Cadence Design Systems Inc Stock Forecast for 2023 - 2025 - 2030
Updated on 11/29/2023
Cadence Design Systems Inc Stock Forecast and Price Target
The average price target of $266.00 for Cadence Design Systems Inc's stock set by distinguished analysts in recent weeks would represent a potential downside of approximately -1.74% from the last closing price in November, 2023 if reached by the end of the year. This potential increase is based on a high estimate of $307.00 and a low estimate of $209.00. If you're looking for Cadence Design Systems Inc (CDNS) stock information, you might also want to check out ANSYS Inc (NasdaqGS:ANSS).
-1.74% Downside
Cadence Design Systems Inc Fair Value Forecast for 2023 - 2025 - 2030
Cadence Design Systems Inc's Price has grown In the last three years, rising from $85.78 to $166.49 – a growth of 94.09%. For the following year, the 14 analysts predict that Cadence Design Systems Inc's Fair Value will drop by 0.00%, reaching $166.49. For the next eight years, experts predict that Cadence Design Systems Inc's Fair Value will grow at a rate of 56.07%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| MSFT Stock Forecast | Microsoft Corp | Buy |
18
|
$382.70 | Buy/Sell | $405.61 | 7.92% |
| CRM Stock Forecast | Salesforce | Outperform |
16
|
$224.92 | Buy/Sell | $254.40 | 12.82% |
| INTU Stock Forecast | Intuit Inc | Outperform |
11
|
$565.07 | Buy/Sell | $559.15 | 0.43% |
| NOW Stock Forecast | ServiceNow | Buy |
11
|
$665.24 | Buy/Sell | $651.06 | -2.29% |
| SNPS Stock Forecast | Synopsys Inc | Buy |
7
|
$543.73 | Buy/Sell | $485.23 | -8.04% |
Cadence Design Systems Inc Revenue Forecast for 2023 - 2025 - 2030
Cadence Design Systems Inc's Revenue has grown In the last two years, rising from $2.34B to $3.56B – a growth of 52.45%. In the next year, analysts believe that Revenue will reach $3.65B – an increase of 2.35%. For the next eight years, experts predict that Cadence Design Systems Inc's Revenue will grow at a rate of 45.81%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| NasdaqGS:ATVI Stock Forecast | Activision Blizzard | - |
7
|
$1.70k | Buy/Sell | $95.20 | -100.00% |
| EA Stock Forecast | Electronic Arts Inc | Outperform |
16
|
$136.38 | Buy/Sell | $143.93 | 9.99% |
| TTWO Stock Forecast | Take-Two Interactive Software | Outperform |
12
|
$156.68 | Buy/Sell | $162.70 | 5.31% |
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| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| ANSS Stock Forecast | ANSYS Inc | Hold |
16
|
$294.62 | Buy/Sell | $313.92 | 5.22% |
| SPLK Stock Forecast | Splunk | Hold |
7
|
$151.21 | Buy/Sell | $144.17 | 3.83% |
| PTC Stock Forecast | PTC | Outperform |
15
|
$154.45 | Buy/Sell | $161.95 | 6.83% |
Cadence Design Systems Inc Free Cash Flow Forecast for 2023 - 2025 - 2030
In the last two years, Cadence Design Systems Inc's Free Cash Flow has grown, moving from $654.99M to $1.18B – an increase of 79.63%. In the next year, analysts predict that Free Cash Flow will jump to $1.24B – up 5.16% from the current level. Looking ahead to eight years, experts forecast that Free Cash Flow will grow by 60.97%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| NUAN Stock Forecast | Nuance Communications | - |
12
|
$55.99 | Buy/Sell | $56.00 | -100.00% |
| SSNC Stock Forecast | SS&C Technologies Holdings | Outperform |
18
|
$56.18 | Buy/Sell | $63.86 | 14.81% |
| GEN Stock Forecast | Genesis Healthcare Inc | Outperform |
10
|
$21.33 | Buy/Sell | $23.00 | 17.21% |
Cadence Design Systems Inc Net Income Forecast for 2023 - 2025 - 2030
In the last two years, Cadence Design Systems Inc's Net Income has decreased from $988.98M to $848.95M – a 14.16% drop! For the next year, analysts predict that Net Income will reach $1.20B – an increase of 41.64%. Over the next eight years, experts believe that Cadence Design Systems Inc's Net Income will grow at a rate of 114.92%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| CTXS Stock Forecast | Citrix Systems | - |
13
|
$103.90 | Buy/Sell | $105.86 | -100.00% |
| AZPN Stock Forecast | AspenTech | - |
16
|
$166.30 | Buy/Sell | $152.67 | -100.00% |
| PFPT Stock Forecast | Proofpoint | - |
10
|
$175.90 | Buy/Sell | $176.00 | -100.00% |
Cadence Design Systems Inc EBITDA Forecast for 2023 - 2025 - 2030
In the last two years, Cadence Design Systems Inc's EBITDA has seen an increase, rising from $623.21M to $1.22B. This represents a growth of 95.11%. Analysts predict that Cadence Design Systems Inc's EBITDA will increase in the upcoming year, reaching $1.60B. This would represent an increase of 31.64%. Over the next eight years, experts predict that Cadence Design Systems Inc's EBITDA will grow at a rate of 58.63%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| ZNGA Stock Forecast | Zynga | - |
14
|
$8.18 | Buy/Sell | $9.27 | -100.00% |
| CHNG Stock Forecast | Change Healthcare | Hold |
11
|
$27.49 | Buy/Sell | $0.00 | 0.95% |
| RP Stock Forecast | RealPage | - |
16
|
$0.06 | Buy/Sell | $94.88 | -100.00% |
Cadence Design Systems Inc EBIT Forecast for 2023 - 2025 - 2030
Cadence Design Systems Inc's EBIT has seen growth In the last two years, going from $500.42M to $1.08B – a gain of 116.59% In the next year, analysts believe that EBIT will reach $1.47B – an increase of 35.30%. For the next eight years, the forecast is forEBIT to grow by 104.98%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| GWRE Stock Forecast | Guidewire Software | Outperform |
2
|
$97.33 | Buy/Sell | $99.73 | 2.74% |
| NATI Stock Forecast | National Instruments | - |
18
|
$59.98 | Buy/Sell | $48.29 | 0.03% |
| ESTC Stock Forecast | Elastic N.V. | Outperform |
8
|
$77.90 | Buy/Sell | $0.00 | 9.11% |
Cadence Design Systems Inc EPS Price Prediction Forecast for 2023 - 2025 - 2030
Cadence Design Systems Inc's EPS has grown In the last three years, rising from $2.20 to $4.27 – a growth of 94.09%. For the following year, the 14 analysts predict that Cadence Design Systems Inc's EPS will drop by 0.00%, reaching $4.27. For the next eight years, experts predict that Cadence Design Systems Inc's EPS will grow at a rate of 56.07%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| MSTR Stock Forecast | MicroStrategy | Buy |
11
|
$505.87 | Buy/Sell | $873.67 | 6.15% |
| QLYS Stock Forecast | Qualys | Hold |
16
|
$180.57 | Buy/Sell | $149.09 | -18.31% |
| ALTR Stock Forecast | Altair Engineering | Outperform |
15
|
$71.57 | Buy/Sell | $0.00 | 5.49% |
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