CDNSCDNSTechnology · Software - Application

CDNS Stock Forecast: Cadence Design Systems, Inc. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$325
+0.32% on the day

The 25 Wall Street analysts covering Cadence Design Systems, Inc. hold a median 12-month price target of $403 — +23.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 55 of 100 as at 15 Aug 2026 — in the upper half.

Market cap
$89.5B
Ticker Nerd rank
55 / 100
Median analyst target
$403
Analysts covering
25
Total return, dividends reinvested
1W
−4.3%
1M
−13.8%
YTD
+3.9%
1Y
−6.9%
From 52W high
−22.0%
From 52W low
+22.3%
$266
$416
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CDNS stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Cadence Design Systems, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
55 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
92
Quality
71
Volatility
71
Momentum
64
Issuance
54
Growth
48
Value
38
Accruals
31
Size
3

Revisions (92): Analysts have, on balance, been raising their forecasts.

Accruals (31): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CDNS stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CDNS, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$250$300$350$400$450$500Oct 25Jan 26Apr 26Jul 26CDNSHigh $470Median $403Low $300

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says25 analysts
22 Buy3 Hold0 Sell
Low $300Median $403High $470

The green dot is the last close — the median target sits +23.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
28 July 2026B of A SecuritiesMaintainsBuy$400$420
28 July 2026BairdMaintainsOutperform$415$420
28 July 2026CitigroupMaintainsBuy$400$420
28 July 2026NeedhamReiteratesBuy$400
28 July 2026Piper SandlerMaintainsNeutral$325$349
28 July 2026RosenblattMaintainsBuy$410$420
16 July 2026BenchmarkInitiatesBuy$450
16 July 2026BenchmarkInitiatesBuy
14 July 2026RosenblattMaintainsBuy$375$410
14 July 2026RosenblattMaintainsBuy
9 June 2026StifelMaintainsBuy
26 May 2026Wells FargoMaintainsOverweight
29 Apr 2026CitigroupMaintainsBuy
28 Apr 2026BairdMaintainsOutperform
28 Apr 2026KeybancMaintainsOverweight
28 Apr 2026NeedhamReiteratesBuy
28 Apr 2026Piper SandlerMaintainsNeutral
28 Apr 2026RosenblattMaintainsBuy
28 Apr 2026Wells FargoMaintainsOverweight
24 Apr 2026RosenblattMaintainsBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CDNS appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

CDNS analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+6.8%
Analysts raising
1
Analysts cutting
1
Fundamentals

Cadence Design Systems, Inc. (CDNS) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
64.6×

Cheaper than 12% of US stocks

Price / sales
15.3×

Cheaper than 11% of US stocks

Price / book
13.0×

Cheaper than 8% of US stocks

EV / EBITDA
42.0×

Cheaper than 7% of US stocks

Growth & margins
Revenue growth (YoY)
24.2%

Higher than 74% of US stocks

Earnings growth (YoY)
129.3%

Higher than 87% of US stocks

Gross margin
84.9%

Higher than 94% of US stocks

Operating margin
28.6%

Higher than 86% of US stocks

Net margin
23.6%

Higher than 85% of US stocks

Returns & dividend
Return on equity
23.2%

Higher than 84% of US stocks

Return on assets
10.6%

Higher than 93% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

CDNS vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSoftware - Application
CompanyMarket capTKN rank
CDNSCadence Design Systems, Inc.$89.5B
55
DDOGDatadog, Inc.$90.4B
74
INTUIntuit, Inc.$96.2B
87
ADBEAdobe, Inc.$104.9B
85
ADPAutomatic Data Processing, Inc.$110.4B
70
SNOWSnowflake, Inc.$111.4B
59
NOWServiceNow, Inc.$128.8B
29

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Cadence Design Systems, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CDNS news & analysis

CDNS Falls 12.9% in the Past Month. Is the Sell-Off an Opportunity?

Zacks Investment Research · 14 Aug 2026neutral

Cadence Design Systems (CDNS) shares have fallen 12.9% over the past month despite strong second-quarter growth. The sell-off reflects a lower valuation and AI-driven demand clashing with the stock's still-steep premium.

Why it matters — The report highlights ongoing tension between CDNS's solid growth and AI-driven demand on one hand and its high valuation on the other, which matters for investors tracking the stock's recent pullback.

Is Cadence Worth Buying as AI Growth Collides With Premium Valuation?

Zacks Investment Research · 14 Aug 2026neutral

Cadence pairs rising AI-driven design demand, higher earnings expectations and stronger cash flow with a valuation that remains well above key benchmarks, according to Zacks Investment Research.

Why it matters — CDNS watchers would care because the report highlights the tension between Cadence's strong AI-driven fundamentals and its premium valuation.

Cadence Raises 2026 Outlook as AI Agents Drive Broader EDA Demand

Zacks Investment Research · 14 Aug 2026positive

Cadence Design Systems raised its 2026 outlook, citing expanding AI demand across EDA, hardware, and IP segments. The company also noted a record backlog and growing agentic AI engagements supporting growth.

Why it matters — A raised 2026 outlook and record backlog signal broadened demand across Cadence's core EDA, hardware, and IP businesses, which a CDNS watcher would monitor for sustained growth momentum.

Cadence's HypertensionOS Software Announced as Second Participant in FDA's TEMPO to Advance Hypertension Care

Business Wire · 13 Aug 2026neutral

Cadence, the clinical AI company automating chronic disease treatment, announced that its HypertensionOS software was selected by the FDA as the second participant in the Technology-Enabled Meaningful Patient Outcomes (TEMPO) for Digital Health Devices Pilot. HypertensionOS is prescription software as a medical device that incorporates AI-assisted functionality to support clinician-supervised medication management.

Why it matters — The FDA's selection of HypertensionOS for its TEMPO pilot may be relevant as regulatory developments involving digital health devices, though the company in this item is the clinical AI firm Cadence rather than Cadence Design Systems (CDNS).

Semiconductor Flows Stay ‘Sticky' in Leveraged Chip ETFs Like SOXL Despite Fidelity's Cycle-Peak Warning

Benzinga · 13 Aug 2026neutral

Investors continue to pour billions into semiconductor ETFs, including speculative leveraged funds such as the Direxion Daily Semiconductor Bull 3X ETF (NYSE:SOXL), even as Fidelity's Director of Global Macro Jurrien Timmer warns the semiconductor cycle could be nearing a peak.

Why it matters — For a CDNS watcher, continued investor inflows into semiconductor ETFs indicate sustained market interest in the broader chip sector even amid warnings that the cycle may be approaching a peak.

FAQ

Frequently asked questions about CDNS stock

What is the CDNS stock price forecast for 2026-2027?

The 25 Wall Street analysts covering Cadence Design Systems, Inc. have a median 12-month price target of $403, with estimates ranging from $300 to $470. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CDNS stock a buy right now?

Of the 25 analysts covering Cadence Design Systems, Inc., 22 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Cadence Design Systems, Inc. 55 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CDNS?

As at 15 Aug 2026, Cadence Design Systems, Inc. ranks 55 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (92 of 100).

Will CDNS stock go up?

No one can know that. What the data says: the median 12-month target from 25 analysts implies +23.9% from the last close, and Ticker Nerd's factor model ranks Cadence Design Systems, Inc. 55 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CDNS stock forecast for 2030?

No analyst covering Cadence Design Systems, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CDNS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $300 to $470 over the next 12 months.

How has CDNS stock performed over the past year?

Cadence Design Systems, Inc. returned -6.9% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Cadence Design Systems, Inc. do?

Cadence Design Systems, Inc. is a multinational technology and computational software company specializing in electronic design automation and semiconductor intellectual property.

What is the latest news on CDNS?

The most recent item we track (Zacks Investment Research, 14 Aug 2026): "CDNS Falls 12.9% in the Past Month. Is the Sell-Off an Opportunity?". Cadence Design Systems (CDNS) shares have fallen 12.9% over the past month despite strong second-quarter growth. The sell-off reflects a lower valuation and AI-driven demand clashing with the stock's still-steep premium.

Company

About Cadence Design Systems, Inc.

Cadence Design Systems, Inc. is a multinational technology and computational software company specializing in electronic design automation and semiconductor intellectual property. The company develops AI-driven computational software, accelerated hardware platforms, and IP that engineers and scientists use to design integrated circuits, systems-on-chips, printed circuit boards, and increasingly full electronic systems. Its portfolio includes design and verification tools, emulation and prototyping hardware, system interconnect and analysis solutions, and a broad range of verification and design IP, supported by professional services such as design methodologies and custom process design kit development. Cadence Design Systems plays a central role in the semiconductor and electronics value chain, serving markets such as hyperscale and cloud computing, mobile communications, automotive, aerospace and defense, industrial IoT, medical technology, and life sciences. Through its Intelligent System Design strategy and global network of subsidiaries and offices, the company provides critical infrastructure that enables customers worldwide to bring complex silicon and system designs from concept to production. Founded in 1988, Cadence Design Systems is headquartered in San Jose, California.

CEO Dr. Anirudh Devgan Ph.D. · 15,445 employees · United States · https://www.cadence.com