CDNSTechnology · Software - ApplicationThe 25 Wall Street analysts covering Cadence Design Systems, Inc. hold a median 12-month price target of $415 — +31.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 50 of 100 as at 22 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 (89): 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 +31.3% 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.
The model tests each one against its peers. 4 pass every test this week.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 23 Oct 2026, Cadence Design Systems, Inc. returned −6.2% against +14.3% 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 11% of US stocks
Cheaper than 10% of US stocks
Cheaper than 7% of US stocks
Cheaper than 6% of US stocks
Higher than 73% of US stocks
Higher than 86% 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
Higher than 1% of US dividend payers
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 $89.9B and an enterprise value of $90.9B.
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: 64.8×; forward P/E: 34.1× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of 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 →
Cadence is set to report Q3 2026 earnings. The excerpt cites AI-driven demand, strong EDA momentum and expanding partnerships as factors shaping its growth outlook.
Why it matters — CDNS watchers may follow the earnings report for updates on AI demand, EDA momentum and partnerships.
Cadence Design Systems was expected to report third-quarter results after the market close on Monday, October 26. The article notes the stock was up 0.61% year to date and says the report needs to justify its premium multiple.
Why it matters — CDNS watchers may focus on whether the upcoming results support the valuation premium highlighted in the article.
Zacks Investment Research compares Progress Software (PRGS) and Cadence Design Systems (CDNS) as potential value opportunities, but the excerpt provides no conclusion about which is the better value.
Why it matters — The item directly compares CDNS with PRGS on valuation, a consideration for readers following CDNS.
Cadence announced the availability of a sovereign AI data center in Munich, combining Cadence OnCloud, NVIDIA Vera and Grace CPU systems, the Cadence Reality Digital Twin Platform, and the Cadence Millennium M2000 AI Supercomputer powered by NVIDIA Blackwell. The company describes it as Europe’s first comprehensive sovereign AI platform from an EDA vendor for semiconductor, system, and AI factory design.
Why it matters — The announcement highlights a new European platform combining Cadence design products and NVIDIA computing systems for semiconductor, system, and AI factory design.
Cadence announced that Nokia is deploying its AuraStack AI Super Agent on the Millennium M2000 AI Supercomputer to advance electronic system design. The companies say the on-premises platform accelerates key design and analysis workflows by 5X while keeping sensitive engineering data and intellectual property under Nokia’s control.
Why it matters — The announcement highlights deployment of Cadence’s AI and accelerated-computing products by Nokia for electronic system design.
The 25 Wall Street analysts covering Cadence Design Systems, Inc. have a median 12-month price target of $415, 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. 50 out of 100 across roughly 4,600 US stocks as at 22 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Oct 2026, Cadence Design Systems, Inc. ranks 50 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 (89 of 100).
No one can know that. What the data says: the median 12-month target from 25 analysts implies +31.3% from the last close, and Ticker Nerd's factor model ranks Cadence Design Systems, Inc. 50 out of 100 as at 22 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 -6.2% over the 12 months to 23 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, 23 Oct 2026): "Cadence to Release Q3 Earnings: Will AI Momentum Drive Growth?". Cadence is set to report Q3 2026 earnings. The excerpt cites AI-driven demand, strong EDA momentum and expanding partnerships as factors shaping its growth outlook.
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
