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CDNS Stock Forecast 2026-2027
$376.19
Current Price
$103.76B
Market Cap
Buy 22
Hold 2
Sell 1
Wall St Analyst Ratings
Distance to CDNS Price Targets
+17.0%
To High Target of $440.00
+3.0%
To Median Target of $387.50
-26.9%
To Low Target of $275.00
CDNS Price Momentum
+0.3%
1 Week Change
+6.0%
1 Month Change
+26.7%
1 Year Change
+20.3%
Year-to-Date Change
-9.7%
From 52W High of $416.69
+43.2%
From 52W Low of $262.75
📊 TOP ANALYST CALLS
Did CDNS Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Cadence is one of their latest high-conviction picks.
Latest CDNS Stock Price Targets & Analyst Predictions
Based on our analysis of 2 Wall Street analysts, CDNS has a bullish consensus with a median price target of $387.50 (ranging from $275.00 to $440.00). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $376.19, the median forecast implies a 3.0% upside. This outlook is supported by 22 Buy, 2 Hold, and 1 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CDNS Analyst Ratings
22
Buy
2
Hold
1
Sell
CDNS Price Target Range
Low
$275.00
Average
$387.50
High
$440.00
Current: $376.19
Latest CDNS Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CDNS.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 26, 2026 | Wells Fargo | Joe Quatrochi | Overweight | Maintains | $425.00 |
| Apr 29, 2026 | Citigroup | Buy | Maintains | $N/A | |
| Apr 28, 2026 | Wells Fargo | Overweight | Maintains | $N/A | |
| Apr 28, 2026 | Keybanc | Overweight | Maintains | $N/A | |
| Apr 28, 2026 | Rosenblatt | Buy | Maintains | $N/A | |
| Apr 28, 2026 | Baird | Outperform | Maintains | $N/A | |
| Apr 28, 2026 | Needham | Buy | Reiterates | $N/A | |
| Apr 28, 2026 | Piper Sandler | Neutral | Maintains | $N/A | |
| Apr 24, 2026 | Rosenblatt | Buy | Maintains | $N/A | |
| Apr 20, 2026 | Needham | Buy | Maintains | $N/A | |
| Feb 26, 2026 | Rosenblatt | Buy | Maintains | $N/A | |
| Feb 18, 2026 | Wells Fargo | Overweight | Maintains | $N/A | |
| Feb 18, 2026 | Rosenblatt | Buy | Upgrade | $N/A | |
| Feb 18, 2026 | Piper Sandler | Neutral | Maintains | $N/A | |
| Feb 18, 2026 | Morgan Stanley | Overweight | Maintains | $N/A | |
| Feb 18, 2026 | Needham | Buy | Reiterates | $N/A | |
| Feb 17, 2026 | Rosenblatt | Neutral | Maintains | $N/A | |
| Dec 22, 2025 | Needham | Buy | Reiterates | $N/A | |
| Nov 24, 2025 | Citigroup | Buy | Initiates | $N/A | |
| Oct 28, 2025 | Oppenheimer | Underperform | Maintains | $N/A |
Cadence Design Systems, Inc. (CDNS) Competitors
The following stocks are similar to Cadence based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Cadence Design Systems, Inc. (CDNS) Financial Data
Cadence Design Systems, Inc. has a market capitalization of $103.76B with a P/E ratio of 96.2x. The company generates $5.53B in trailing twelve-month revenue with a 21.2% profit margin.
Revenue growth is +18.7% quarter-over-quarter, while maintaining an operating margin of +29.7% and return on equity of +20.7%.
Valuation Metrics
Market Cap
$103.76B
Enterprise Value
$115.09B
P/E Ratio
96.2x
PEG Ratio
4.4x
Price/Sales
20.5x
Growth & Margins
Revenue Growth (YoY)
+18.7%
Gross Margin
+85.4%
Operating Margin
+29.7%
Net Margin
+21.2%
EPS Growth
+22.7%
Financial Health
Cash/Price Ratio
+1.5%
Current Ratio
1.5x
Debt/Equity
47.0x
ROE
+20.7%
ROA
+10.4%
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Cadence Design Systems, Inc. (CDNS) Business Model
About Cadence Design Systems, Inc.
What They Do
Provides electronic design automation software and services.
Business Model
Cadence Design Systems generates revenue by offering a comprehensive suite of electronic design automation (EDA) software and engineering services to semiconductor and electronics manufacturers. Their products, which include design platforms, verification tools, and physical implementation solutions, help clients streamline design workflows and enhance performance, enabling Cadence to charge for licenses, subscriptions, and professional services.
Additional Information
Founded in 1988 and headquartered in San Jose, California, Cadence operates globally, serving industries such as consumer electronics, telecommunications, and automotive. The company is recognized as a key player in the semiconductor design sector, continually innovating to meet the evolving needs of its diverse customer base.
Company Information
Sector
Technology
Industry
Software - Application
Employees
15,110
CEO
Dr. Anirudh Devgan Ph.D.
Country
United States
IPO Year
1990
Website
www.cadence.comCadence Design Systems, Inc. (CDNS) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Synopsys' AI Strategy: Is it a Key Driver of Future Expansion?
SNPS is embedding AI across chip design workflows, with DSO.ai and VSO.ai driving faster engineering and broader automation.
Jun 05, 2026
By Subham Roy
Analyst Blog
Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market
Cadence Design Systems (CDNS) concluded the recent trading session at $408, signifying a -2.01% move from its prior day's close.
Jun 03, 2026
By Zacks Equity Research
Tale of the Tape
ADBE or CDNS: Which Is the Better Value Stock Right Now?
ADBE vs. CDNS: Which Stock Is the Better Value Option?
Jun 03, 2026
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Cadence Design Systems, Inc. (CDNS) participated in the Bank of America 2026 Global Technology Conference, presenting key information relevant to investors.
Why It Matters
Cadence Design Systems' presentation at a major conference signals potential insights into its future strategies and growth prospects, influencing investor sentiment and stock performance.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Cadence Design Systems (CDNS) closed at $408, down 2.01% from the previous day's close.
Why It Matters
A 2.01% decline in Cadence Design Systems' stock price may indicate market concerns or profit-taking, potentially impacting investor sentiment and future trading strategies.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
Cadence unveiled a fully autonomous AI design engineer at Computex 2026, enhancing its ChipStack™ AI Super Agent for automated simulations, leveraging NVIDIA technology.
Why It Matters
Cadence's launch of a fully autonomous AI design engineer signals a significant advancement in electronic design automation, potentially boosting efficiency and reducing costs for tech firms, impacting stock valuations.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Cadence's Richard Gu will present at the Nasdaq Conference, according to a news release.
Why It Matters
Richard Gu's presentation at the Nasdaq Conference may signal strategic insights or future plans for Cadence, impacting investor sentiment and stock performance.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Cadence Design Systems' stock rose after the company announced its AI agent can autonomously perform complex tasks in chip design.
Why It Matters
Cadence Design Systems' AI advancements enhance efficiency in chip design, potentially increasing profitability and market competitiveness, attracting investor interest.
Source: Barrons
Market Sentiment:
Positive
Quick Summary
Investors in Computer Software stocks are comparing Adobe Systems (ADBE) and Cadence Design Systems (CDNS) for potential value opportunities.
Why It Matters
Comparing Adobe and Cadence helps identify which stock offers better value, potentially guiding investment decisions in the Software sector amid fluctuating market conditions.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Frequently Asked Questions About CDNS Stock
What is Cadence Design Systems, Inc.'s (CDNS) stock forecast for 2026?
Based on our analysis of 2 Wall Street analysts, Cadence Design Systems, Inc. (CDNS) has a median price target of $387.50. The highest price target is $440.00 and the lowest is $275.00.
Is CDNS stock a good investment in 2026?
According to current analyst ratings, CDNS has 22 Buy ratings, 2 Hold ratings, and 1 Sell ratings. The stock is currently trading at $376.19. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for CDNS stock?
Wall Street analysts predict CDNS stock could reach $387.50 in the next 12 months. This represents a 3.0% increase from the current price of $376.19. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Cadence Design Systems, Inc.'s business model?
Cadence Design Systems generates revenue by offering a comprehensive suite of electronic design automation (EDA) software and engineering services to semiconductor and electronics manufacturers. Their products, which include design platforms, verification tools, and physical implementation solutions, help clients streamline design workflows and enhance performance, enabling Cadence to charge for licenses, subscriptions, and professional services.
What is the highest forecasted price for CDNS Cadence Design Systems, Inc.?
The highest price target for CDNS is $440.00 from at , which represents a 17.0% increase from the current price of $376.19.
What is the lowest forecasted price for CDNS Cadence Design Systems, Inc.?
The lowest price target for CDNS is $275.00 from at , which represents a -26.9% decrease from the current price of $376.19.
What is the overall CDNS consensus from analysts for Cadence Design Systems, Inc.?
The overall analyst consensus for CDNS is bullish. Out of 2 Wall Street analysts, 22 rate it as Buy, 2 as Hold, and 1 as Sell, with a median price target of $387.50.
How accurate are CDNS stock price projections?
Stock price projections, including those for Cadence Design Systems, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 6, 2026 4:45 PM UTC