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

Updated on 06/09/2023

Stock Rating
16
Price Target
$200.00
Consensus
Outperform
Downside
-12.31%
Analysts
0
Stock Rating
16
Downside
-12.31%
Analysts
0
Price Target
$200.00

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).

$200.00

-12.31% Downside

Outperform
Outperform

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%.

2023 Fair Value Forecast
$143.47
2024 Fair Value Forecast
$161.95
2025 Fair Value Forecast
$195.22
2026 Fair Value Forecast
$225.46
2027 Fair Value Forecast
$194.00
2028 Fair Value Forecast
$184.80
2029 Fair Value Forecast
$189.59
2030 Fair Value Forecast
$201.39
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%.

2023 Rev Forecast
$3.65B
2024 Rev Forecast
$3.99B
2025 Rev Forecast
$4.67B
2026 Rev Forecast
$5.15B
2027 Rev Forecast
$4.59B
2028 Rev Forecast
$4.41B
2029 Rev Forecast
$4.52B
2030 Rev Forecast
$4.73B
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%

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 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%.

2023 FCF Forecast
$1.24B
2024 FCF Forecast
$1.49B
2025 FCF Forecast
$1.65B
2026 FCF Forecast
$1.87B
2027 FCF Forecast
$1.63B
2028 FCF Forecast
$1.59B
2029 FCF Forecast
$1.62B
2030 FCF Forecast
$1.70B
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%.

2023 NI Forecast
$1.20B
2024 NI Forecast
$1.40B
2025 NI Forecast
$1.59B
2026 NI Forecast
$1.83B
2027 NI Forecast
$1.59B
2028 NI Forecast
$1.54B
2029 NI Forecast
$1.57B
2030 NI Forecast
$1.65B
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%.

2023 EBITDA Forecast
$1.60B
2024 EBITDA Forecast
$1.87B
2025 EBITDA Forecast
$2.25B
2026 EBITDA Forecast
$1.70B
2027 EBITDA Forecast
$1.71B
2028 EBITDA Forecast
$1.79B
2029 EBITDA Forecast
$1.96B
2030 EBITDA Forecast
$1.87B
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%.

2023 EBIT Forecast
$1.47B
2024 EBIT Forecast
$1.68B
2025 EBIT Forecast
$2.06B
2026 EBIT Forecast
$1.52B
2027 EBIT Forecast
$1.54B
2028 EBIT Forecast
$1.62B
2029 EBIT Forecast
$1.78B
2030 EBIT Forecast
$1.69B
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%.

2023 EPS Forecast
$4.27
2024 EPS Forecast
$4.82
2025 EPS Forecast
$5.81
2026 EPS Forecast
$6.71
2027 EPS Forecast
$5.77
2028 EPS Forecast
$5.50
2029 EPS Forecast
$5.64
2030 EPS Forecast
$5.99
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%