Cadence Design Systems Inc Stock Forecast for 2023 - 2025 - 2030
Updated on 06/09/2023
Cadence Design Systems Inc Stock Forecast and Price Target
The average price target of $200.00 for Cadence Design Systems Inc's stock set by distinguished analysts in recent weeks would represent a potential downside of approximately -12.31% from the last closing price in June, 2023 if reached by the end of the year. This potential increase is based on a high estimate of $215.00 and a low estimate of $161.00. If you're looking for Cadence Design Systems Inc (CDNS) stock information, you might also want to check out ANSYS Inc (NasdaqGS:ANSS).
-12.31% 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 $62.83 to $110.54 – a growth of 75.94%. In the next year, analysts believe that Fair Value will reach $143.47 – an increase of 29.79%. For the next eight years, experts predict that Cadence Design Systems Inc's Fair Value will grow at a rate of 82.18%.
| Ticker | Name | Consensus | Stock Rating | Price | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|
| MSFT Stock Forecast | Microsoft | Outperform |
16
|
$325.22 | $339.62 | -13.90% |
| CRM Stock Forecast | salesforce.com, inc. | Outperform |
14
|
$209.53 | $229.98 | -11.71% |
| INTU Stock Forecast | Intuit | Outperform |
12
|
$423.36 | $484.89 | 11.96% |
| NOW Stock Forecast | ServiceNow Inc | Buy |
11
|
$535.22 | $521.22 | -4.71% |
| ATVI Stock Forecast | Activision Blizzard | Outperform |
17
|
$80.00 | $91.45 | 18.75% |
Cadence Design Systems Inc Revenue Forecast for 2023 - 2025 - 2030
Cadence Design Systems Inc's Revenue has grown In the last three years, rising from $2.14B to $2.99B – a growth of 39.77%. In the next year, analysts believe that Revenue will reach $3.65B – an increase of 21.99%. For the next eight years, experts predict that Cadence Design Systems Inc's Revenue will grow at a rate of 58.15%.
| Ticker | Name | Consensus | Stock Rating | Price | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|
| SNPS Stock Forecast | Synopsys | Buy |
16
|
$437.73 | $424.93 | -4.05% |
| EA Stock Forecast | Electronic Arts Inc | Outperform |
16
|
$127.08 | $134.09 | 18.04% |
| TTWO Stock Forecast | Take-Two Interactive Software ... | Outperform |
12
|
$133.12 | $136.07 | -0.84% |
| Ticker | Name | Consensus | Stock Rating | Price | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|
| NUAN Stock Forecast | Nuance Communications | - |
12
|
$55.99 | $57.00 | -62.49% |
| ANSS Stock Forecast | ANSYS Inc | Outperform |
16
|
$316.05 | $250.24 | -20.42% |
| SPLK Stock Forecast | Splunk | Outperform |
7
|
$96.69 | $123.41 | 12.73% |
Cadence Design Systems Inc Free Cash Flow Forecast for 2023 - 2025 - 2030
In the last three years, Cadence Design Systems Inc's Free Cash Flow has grown, moving from $543.25M to $1.04B – an increase of 90.64%. In the next year, analysts predict that Free Cash Flow will jump to $1.24B – up 19.47% from the current level. Looking ahead to eight years, experts forecast that Free Cash Flow will grow by 64.58%.
| Ticker | Name | Consensus | Stock Rating | Price | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|
| PTC Stock Forecast | PTC | Outperform |
15
|
$137.41 | $142.86 | 5.52% |
| SSNC Stock Forecast | SS&C Technologies Holdings | Outperform |
18
|
$56.70 | $65.55 | 14.64% |
| CTXS Stock Forecast | Citrix Systems | - |
13
|
$103.90 | $105.86 | -1.59% |
Cadence Design Systems Inc Net Income Forecast for 2023 - 2025 - 2030
In the last three years, Cadence Design Systems Inc's Net Income has grown by 101.27%, rising from $345.78M to $695.96M. For the next year, analysts predict that Net Income will reach $1.20B – an increase of 72.78%. Over the next eight years, experts believe that Cadence Design Systems Inc's Net Income will grow at a rate of 137.62%.
| Ticker | Name | Consensus | Stock Rating | Price | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|
| NasdaqGS:AZPN Stock Forecast | AspenTech | - |
16
|
$166.30 | $152.67 | 49.75% |
| GEN Stock Forecast | Genesis Healthcare Inc | Outperform |
10
|
$17.78 | $24.80 | 40.61% |
| PFPT Stock Forecast | Proofpoint | - |
10
|
$175.90 | $172.31 | 2.03% |
Cadence Design Systems Inc EBITDA Forecast for 2023 - 2025 - 2030
In the last three years, Cadence Design Systems Inc's EBITDA has seen an increase, rising from $526.02M to $920.35M. This represents a growth of 74.96%. Analysts predict that Cadence Design Systems Inc's EBITDA will increase in the upcoming year, reaching $1.60B. This would represent an increase of 73.92%. Over the next eight years, experts predict that Cadence Design Systems Inc's EBITDA will grow at a rate of 102.81%.
| Ticker | Name | Consensus | Stock Rating | Price | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|
| ZNGA Stock Forecast | Zynga | Hold |
14
|
$168.48 | $12.04 | -94.06% |
| CHNG Stock Forecast | Change Healthcare | Hold |
11
|
$27.49 | $0.00 | -6.33% |
| RP Stock Forecast | RealPage | - |
16
|
$0.23 | $94.88 | 41795.65% |
Cadence Design Systems Inc EBIT Forecast for 2023 - 2025 - 2030
Cadence Design Systems Inc's EBIT has seen growth In the last three years, going from $407.30M to $778.04M – a gain of 91.02% In the next year, analysts believe that EBIT will reach $1.47B – an increase of 88.48%. For the next eight years, the forecast is forEBIT to grow by 117.41%.
| Ticker | Name | Consensus | Stock Rating | Price | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|
| GWRE Stock Forecast | Guidewire Software | Outperform |
2
|
$72.57 | $79.58 | 12.31% |
| NATI Stock Forecast | National Instruments | Hold |
18
|
$57.50 | $48.29 | -16.52% |
| ESTC Stock Forecast | Elastic N.V. | Outperform |
8
|
$68.46 | $0.00 | 87.70% |
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 $1.87 to $3.29 – a growth of 75.94%. In the next year, analysts believe that EPS will reach $4.27 – an increase of 29.79%. For the next eight years, experts predict that Cadence Design Systems Inc's EPS will grow at a rate of 82.18%.
| Ticker | Name | Consensus | Stock Rating | Price | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|
| QLYS Stock Forecast | Qualys | Hold |
16
|
$128.34 | $140.27 | -2.21% |
| ALTR Stock Forecast | Altair Engineering | Outperform |
15
|
$74.25 | $0.00 | 13.13% |
| NCR Stock Forecast | NCR | Buy |
15
|
$24.92 | $53.86 | 72.55% |