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Cadence Design Systems (CDNS) Stock Forecast & Price Target

Cadence Design Systems logo
$258.79 +4.46 (+1.75%)
Closing price 04:00 PM Eastern
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$259.54 +0.75 (+0.29%)
As of 07:59 PM Eastern
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Cadence Design Systems - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
1
Buy
10

Based on 12 Wall Street analysts who have issued ratings for Cadence Design Systems in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 1 has given a sell rating, 1 has given a hold rating, and 10 have given a buy rating for CDNS.

Consensus Price Target

$324.83
25.52% Upside
According to the 12 analysts' twelve-month price targets for Cadence Design Systems, the average price target is $324.83. The highest price target for CDNS is $355.00, while the lowest price target for CDNS is $200.00. The average price target represents a forecasted upside of 25.52% from the current price of $258.79.
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CDNS Analyst Ratings Over Time

TypeCurrent Forecast
4/1/24 to 4/1/25
1 Month Ago
3/2/24 to 3/2/25
3 Months Ago
1/2/24 to 1/1/25
1 Year Ago
4/2/23 to 4/1/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
11 Buy rating(s)
7 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$324.83$326.92$327.92$311.33
Forecasted Upside25.52% Upside30.51% Upside9.14% Upside-0.26% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
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CDNS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CDNS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cadence Design Systems Stock vs. The Competition

TypeCadence Design SystemsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.75
2.68
2.54
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside25.52% Upside591.71% Upside19.03% Upside
News Sentiment Rating
Positive News

See Recent CDNS News
Positive News
Positive News
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DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/19/2025Oppenheimer
3 of 5 stars
Edward Yang
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Lower TargetUnderperform ➝ Underperform$225.00 ➝ $200.00-23.47%
2/20/2025Robert W. Baird
2 of 5 stars
Joe Vruwink
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Lower TargetOutperform ➝ Outperform$340.00 ➝ $335.00+21.73%
2/19/2025Loop Capital
2 of 5 stars
G. Mobley
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Lower TargetBuy ➝ Buy$360.00 ➝ $340.00+26.78%
2/19/2025Bank of America
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Vivek Arya
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Lower TargetBuy ➝ Buy$365.00 ➝ $350.00+16.50%
2/19/2025Rosenblatt Securities
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Blair Abernethy
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Boost TargetNeutral ➝ Neutral$280.00 ➝ $295.00-1.81%
2/19/2025Piper Sandler
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Clarke Jeffries
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Boost TargetOverweight ➝ Overweight$318.00 ➝ $328.00+9.18%
2/19/2025Needham & Company LLC
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Charles Shi
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Reiterated RatingBuy ➝ Buy$325.00 ➝ $325.00+8.18%
1/13/2025Redburn Atlantic
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L. Brown
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Initiated CoverageBuy$350.00+17.06%
12/13/2024Mizuho
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S. Panigrahi
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Boost TargetOutperform ➝ Outperform$325.00 ➝ $350.00+13.56%
11/22/2024Wells Fargo & Company
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G. Mobley
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Initiated CoverageOverweight$350.00+14.24%
10/15/2024Berenberg Bank
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N. Naing
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Initiated CoverageBuy$320.00+13.42%
6/27/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$350.00 ➝ $355.00+14.76%
2/14/2024Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$260.00 ➝ $350.00+18.91%
2/13/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$300.00 ➝ $350.00+14.16%
4/26/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$222.00 ➝ $230.00+12.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:44 PM ET.


Should I Buy Cadence Design Systems Stock? CDNS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, March 29, 2025. Please send any questions or comments about these Cadence Design Systems pros and cons to contact@marketbeat.com.

Cadence Design Systems
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Cadence Design Systems, Inc.:

  • Cadence Design Systems, Inc. has received a consensus rating of "Moderate Buy" from analysts, indicating positive sentiment towards the stock's future performance.
  • The company reported revenue of $1.36 billion in the latest quarter, surpassing analyst estimates of $1.35 billion, showcasing strong financial performance.
  • Ten analysts have issued a buy rating for the stock, reflecting confidence in the company's growth potential and market position.
  • Recent price targets from analysts suggest a potential upside, with a consensus target price of $324.83, indicating that the stock may be undervalued at its current price.
  • Cadence Design Systems, Inc. offers innovative software and hardware solutions for integrated circuit design, positioning itself well in a growing technology sector.

Cadence Design Systems
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Cadence Design Systems, Inc. for these reasons:

  • One analyst has rated the stock with a sell rating, suggesting that there may be concerns about the company's future performance or market conditions.
  • Some analysts have recently lowered their price targets, indicating a potential decrease in expected stock performance, which could affect investor sentiment.
  • Despite strong revenue, the competitive landscape in the technology sector is intense, which may pose challenges for maintaining market share.
  • Recent fluctuations in stock price may indicate volatility, which can be a risk for investors looking for stable returns.
  • With a significant number of buy ratings, there may be heightened expectations that could lead to disappointment if the company fails to meet them.

CDNS Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Cadence Design Systems is $324.83, with a high forecast of $355.00 and a low forecast of $200.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cadence Design Systems in the last twelve months. There is currently 1 sell rating, 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CDNS shares.

According to analysts, Cadence Design Systems's stock has a predicted upside of 25.52% based on their 12-month stock forecasts.

Cadence Design Systems has been rated by research analysts at Bank of America, Loop Capital, Needham & Company LLC, Oppenheimer, Piper Sandler, Redburn Atlantic, Robert W. Baird, and Rosenblatt Securities in the past 90 days.

Analysts like Cadence Design Systems more than other "computer and technology" companies. The consensus rating score for Cadence Design Systems is 2.75 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how CDNS compares to other companies.


This page (NASDAQ:CDNS) was last updated on 4/1/2025 by MarketBeat.com Staff
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