CDNSCDNSTechnology · Software - Application

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

Last close, 4 Sept 2026
$293
−4.00% on the day

The 25 Wall Street analysts covering Cadence Design Systems, Inc. hold a median 12-month price target of $405 — +38.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 49 of 100 as at 5 Sept 2026 — in the lower half.

Market cap
$80.6B
Ticker Nerd rank
49 / 100
Median analyst target
$405
Analysts covering
25
Revenue$1.6B+24.2% y/y
Operating income$450.0M
Net income$367.1M
Free cash flow$575.3M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−14.0%
1M
−14.1%
YTD
−6.4%
1Y
−16.2%
From 52W high
−29.7%
From 52W low
+10.2%
$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 5 Sept 2026
49 / 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
91
Quality
71
Volatility
69
Issuance
54
Growth
49
Momentum
45
Value
40
Accruals
31
Size
3

Revisions (91): 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 $405Low $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.

Data provided by Twelve Data

What Wall Street says25 analysts
22 Buy3 Hold0 Sell
Low $300Median $405High $470

The green dot is the last close — the median target sits +38.4% 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.

Performance

CDNS vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Sept 2026, Cadence Design Systems, Inc. returned −16.2% against +20.0% for the S&P 500, dividends included.

CDNS vs S&P 500, last 12 monthsTotal return, rebased to 100
708090100110120Oct 25Jan 26Apr 26Jul 26CDNSS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

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
+6.9%
Analysts raising
10
Analysts cutting
0
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
58.2×

Cheaper than 13% of US stocks

Price / sales
13.8×

Cheaper than 12% of US stocks

Price / book
11.8×

Cheaper than 8% of US stocks

EV / EBITDA
37.9×

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.

Key statistics

Cadence Design Systems, Inc. (CDNS) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Cadence Design Systems, Inc. has a market value of $80.6B and an enterprise value of $81.7B.

  • Revenue in the twelve months to 30 June 2026: $5.8B. The latest quarter grew 24.2% year on year.

  • Net income over the same four quarters: $1.4B, a 23.6% net margin.

  • Diluted earnings per share, trailing twelve months: $5.03.

  • Free cash flow in the twelve months to 30 June 2026: $1.7B.

  • Cadence Design Systems, Inc. spent $1.0B on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 275.4M.

  • Trailing P/E: 58.2×; forward P/E: 30.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Cadence Design Systems, Inc. employs 15,445 people $378K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 6 Sept 2026

Data provided by Twelve Data

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.$80.6B
49
DDOGDatadog, Inc.$75.3B
70
INTUIntuit, Inc.$92.6B
61
ADBEAdobe, Inc.$105.9B
85
ADPAutomatic Data Processing, Inc.$112.3B
72
SNOWSnowflake, Inc.$114.2B
62
MSTRStrategy, Inc.$54.9B
25

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

Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?

Zacks Investment Research · 7 Sept 2026positive

The article discusses Wall Street analyst recommendations for Cadence Design Systems (CDNS) and questions whether brokerage-firm rating changes meaningfully affect stock prices when investors make buy, sell, or hold decisions. It highlights that analysts appear optimistic about the stock.

Why it matters — A CDNS watcher would care because the piece examines how market-moving analyst recommendations and sentiment could influence investor attention on the stock.

Cadence's Anirudh Devgan to Present at Goldman Sachs Communacopia + Technology Conference

Business Wire · 2 Sept 2026neutral

Cadence Design Systems announced that Anirudh Devgan will present at the Goldman Sachs Communacopia + Technology Conference. The presentation is scheduled as part of the company's participation in the industry event.

Why it matters — A scheduled presentation at a major investor conference offers Cadence's leadership a platform to discuss the company's business and strategy with the financial community.

Cadence Design Systems (CDNS) Falls More Steeply Than Broader Market: What Investors Need to Know

Zacks Investment Research · 1 Sept 2026negative

Cadence Design Systems (CDNS) closed its most recent trading session at $313.04, a drop of 7.6% from the previous day's close, a decline steeper than the broader market. The move came as investors took note of the day's performance.

Why it matters — A sharper-than-market decline in CDNS shares could signal company-specific concerns that investors tracking the stock would want to monitor.

Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields: Intel Drops 3%, NVIDIA and AMD Slip

24/7 Wall Street · 1 Sept 2026neutral

Semiconductor stocks fell at Tuesday's open as a global bond selloff pushed long-term yields higher, prompting investors to reassess high-multiple tech names. Intel dropped 3%, while NVIDIA and AMD also slipped in the broader sector decline.

Why it matters — As CDNS operates in the semiconductor space, a broader sector slide tied to rising bond yields could weigh on high-multiple tech stocks like Cadence.

Cadence Subsystem for PCIe 6.0 Architecture Achieves First-Pass PCI Express Specification Compliance

Business Wire · 1 Sept 2026positive

Cadence announced that its PHY and controller IP for the PCIe 6.0 specification, implemented in the TSMC N3 process, achieved first-pass compliance success at the PCI-SIG compliance workshop held in late July. The workshop was the industry's first official event for PCIe 6.0 spec compliance testing, and Cadence's x8 subsystem solution was tested at the full 64 GT/s speed.

Why it matters — Achieving first-pass PCIe 6.0 compliance demonstrates the technical strength and competitiveness of Cadence's advanced IP portfolio, reinforcing its position in a key growth area.

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 $405, 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. 49 out of 100 across roughly 4,600 US stocks as at 5 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CDNS?

As at 5 Sept 2026, Cadence Design Systems, Inc. ranks 49 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 (91 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 +38.4% from the last close, and Ticker Nerd's factor model ranks Cadence Design Systems, Inc. 49 out of 100 as at 5 Sept 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 -16.2% over the 12 months to 4 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Cadence Design Systems, Inc. do?

Cadence Design Systems, Inc. is an electronic design automation and computational software company that provides software, hardware, and semiconductor intellectual property for designing and verifying advanced chips and electronic systems.

What is the latest news on CDNS?

The most recent item we track (Zacks Investment Research, 7 Sept 2026): "Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?". The article discusses Wall Street analyst recommendations for Cadence Design Systems (CDNS) and questions whether brokerage-firm rating changes meaningfully affect stock prices when investors make buy, sell, or hold decisions. It highlights that analysts appear optimistic about the stock.

Company

About Cadence Design Systems, Inc.

Cadence Design Systems, Inc. is an electronic design automation and computational software company that provides software, hardware, and semiconductor intellectual property for designing and verifying advanced chips and electronic systems. Cadence’s product portfolio covers core EDA tools, functional verification, emulation and prototyping, digital and custom IC design, semiconductor IP, and system design and analysis solutions. These offerings support semiconductor companies and engineering teams working on integrated circuits, system-on-chips, printed circuit boards, packaging, and full electromechanical systems. The company also serves industries such as hyperscale computing, mobile communications, automotive, aerospace, industrial technology, life sciences, telecommunications, and artificial intelligence. Headquartered in San Jose, California, Cadence plays a central role in the electronics design ecosystem by helping customers move from design concepts to manufacturable products.

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