Cadence Design Systems Inc Stock Forecast for 2023 - 2025 - 2030

Updated on 11/29/2023

Stock Rating
7
Price Target
$266.00
Consensus
Outperform
Downside
-1.74%
Analysts
0
Stock Rating
7
Downside
-1.74%
Analysts
0
Price Target
$266.00

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).

$266.00

-1.74% Downside

Buy
Buy

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%.

2023 Fair Value Forecast
$166.49
2024 Fair Value Forecast
$187.93
2025 Fair Value Forecast
$226.53
2026 Fair Value Forecast
$261.62
2027 Fair Value Forecast
$314.65
2028 Fair Value Forecast
$265.04
2029 Fair Value Forecast
$254.84
2030 Fair Value Forecast
$259.83
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%.

2023 Rev Forecast
$3.65B
2024 Rev Forecast
$3.99B
2025 Rev Forecast
$4.67B
2026 Rev Forecast
$5.15B
2027 Rev Forecast
$6.15B
2028 Rev Forecast
$5.33B
2029 Rev Forecast
$5.15B
2030 Rev Forecast
$5.19B
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%

Cadence Design Systems Inc Dividend per Share Forecast for 2023 - 2025 - 2030

2023 DPS Forecast
$1.00
2024 DPS Forecast
$0.00
2025 DPS Forecast
$0.00
2026 DPS Forecast
$0.00
2027 DPS Forecast
$0.00
2028 DPS Forecast
$0.00
2029 DPS Forecast
$0.00
2030 DPS Forecast
$0.00
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%.

2023 FCF Forecast
$1.24B
2024 FCF Forecast
$1.49B
2025 FCF Forecast
$1.65B
2026 FCF Forecast
$1.87B
2027 FCF Forecast
$2.27B
2028 FCF Forecast
$1.97B
2029 FCF Forecast
$1.88B
2030 FCF Forecast
$1.89B
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%.

2023 NI Forecast
$1.20B
2024 NI Forecast
$1.40B
2025 NI Forecast
$1.59B
2026 NI Forecast
$1.83B
2027 NI Forecast
$2.18B
2028 NI Forecast
$1.88B
2029 NI Forecast
$1.80B
2030 NI Forecast
$1.82B
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%.

2023 EBITDA Forecast
$1.60B
2024 EBITDA Forecast
$1.87B
2025 EBITDA Forecast
$2.25B
2026 EBITDA Forecast
$1.84B
2027 EBITDA Forecast
$1.78B
2028 EBITDA Forecast
$1.83B
2029 EBITDA Forecast
$1.97B
2030 EBITDA Forecast
$1.93B
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%.

2023 EBIT Forecast
$1.47B
2024 EBIT Forecast
$1.68B
2025 EBIT Forecast
$2.06B
2026 EBIT Forecast
$2.57B
2027 EBIT Forecast
$2.13B
2028 EBIT Forecast
$2.01B
2029 EBIT Forecast
$2.05B
2030 EBIT Forecast
$2.22B
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%.

2023 EPS Forecast
$4.27
2024 EPS Forecast
$4.82
2025 EPS Forecast
$5.81
2026 EPS Forecast
$6.71
2027 EPS Forecast
$8.07
2028 EPS Forecast
$6.80
2029 EPS Forecast
$6.54
2030 EPS Forecast
$6.66
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%