CDNSTechnology · Software - ApplicationThe 25 Wall Street analysts covering Cadence Design Systems, Inc. hold a median 12-month price target of $408 — +16.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 52 of 100 as at 2 Oct 2026 — in the upper half.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (90): 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.
The bullish and bearish analyst opinions on CDNS, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +16.1% from it.
Of the 20 most recent actions, 6 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 28 July 2026 | B of A Securities | Maintains | Buy | $400 → $420 |
| 28 July 2026 | Baird | Maintains | Outperform | $415 → $420 |
| 28 July 2026 | Citigroup | Maintains | Buy | $400 → $420 |
| 28 July 2026 | Needham | Reiterates | Buy | $400 |
| 28 July 2026 | Piper Sandler | Maintains | Neutral | $325 → $349 |
| 28 July 2026 | Rosenblatt | Maintains | Buy | $410 → $420 |
| 16 July 2026 | Benchmark | Initiates | Buy | $450 |
| 16 July 2026 | Benchmark | Initiates | Buy | — |
| 14 July 2026 | Rosenblatt | Maintains | Buy | $375 → $410 |
| 14 July 2026 | Rosenblatt | Maintains | Buy | — |
| 9 June 2026 | Stifel | Maintains | Buy | — |
| 26 May 2026 | Wells Fargo | Maintains | Overweight | — |
| 29 Apr 2026 | Citigroup | Maintains | Buy | — |
| 28 Apr 2026 | Baird | Maintains | Outperform | — |
| 28 Apr 2026 | Keybanc | Maintains | Overweight | — |
| 28 Apr 2026 | Needham | Reiterates | Buy | — |
| 28 Apr 2026 | Piper Sandler | Maintains | Neutral | — |
| 28 Apr 2026 | Rosenblatt | Maintains | Buy | — |
| 28 Apr 2026 | Wells Fargo | Maintains | Overweight | — |
| 24 Apr 2026 | Rosenblatt | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 2 Oct 2026, Cadence Design Systems, Inc. returned +1.2% against +16.2% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 10% of US stocks
Cheaper than 10% of US stocks
Cheaper than 7% of US stocks
Cheaper than 6% of US stocks
Higher than 74% of US stocks
Higher than 87% of US stocks
Higher than 94% of US stocks
Higher than 86% of US stocks
Higher than 85% of US stocks
Higher than 84% of US stocks
Higher than 93% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 $96.8B and an enterprise value of $97.9B.
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.
Trailing P/E: 70.0×; forward P/E: 36.7× — the forward figure prices analyst consensus estimates, not reported earnings.
Cadence Design Systems, Inc. employs 15,445 people — $378K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
Zacks Investment Research highlights Cadence Design Systems (CDNS) as well positioned to outperform the market, citing the company's above-average growth in financials as a key factor.
Why it matters — A positive growth assessment from Zacks may be of interest to CDNS watchers evaluating the company's financial momentum and market positioning.
Shares of Navitas Semiconductor rose, with gains later pared to about 2%, after the company was selected to produce chips for the U.S. Army's Accelerated, Large-Area, 10 kV SiC IGBT (ALATTIS) program.
Why it matters — A government chip-production award in the semiconductor space signals continued demand for chip design and manufacturing activity that CDNS watchers may follow as an industry indicator.
Cadence Design Systems (CDNS) has been among the most-watched stocks by Zacks.com users recently. The article notes that exploring what lies ahead for the stock is worthwhile given this heightened attention.
Why it matters — The report signals elevated investor interest in CDNS, making it relevant for watchers tracking market attention and near-term developments around the company.
Cadence Design Systems (CDNS) shares closed at $326.03 in the most recent trading session, up 1.25% from the previous trading day, outperforming the broader market.
Why it matters — The price increase signals relative strength for CDNS versus the broader market in a single trading session, which is of interest to those tracking the company's stock performance.
Zacks Investment Research reports that investors should pay close attention to Cadence Design Systems (CDNS) stock based on recent movements in the options market, which may indicate expectations of a shift in the stock's price.
Why it matters — A CDNS watcher would care because unusual options activity can signal what traders anticipate about near-term volatility or price movement in the stock.
The 25 Wall Street analysts covering Cadence Design Systems, Inc. have a median 12-month price target of $408, with estimates ranging from $300 to $470. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 25 analysts covering Cadence Design Systems, Inc., 23 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Cadence Design Systems, Inc. 52 out of 100 across roughly 4,600 US stocks as at 2 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 2 Oct 2026, Cadence Design Systems, Inc. ranks 52 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 (90 of 100).
No one can know that. What the data says: the median 12-month target from 25 analysts implies +16.1% from the last close, and Ticker Nerd's factor model ranks Cadence Design Systems, Inc. 52 out of 100 as at 2 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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.
Cadence Design Systems, Inc. returned +1.2% over the 12 months to 2 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
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.
The most recent item we track (Zacks Investment Research, 2 Oct 2026): "Here is Why Growth Investors Should Buy Cadence (CDNS) Now". Zacks Investment Research highlights Cadence Design Systems (CDNS) as well positioned to outperform the market, citing the company's above-average growth in financials as a key factor.
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
