Cadence Design Systems (CDNS) Stock Forecast & Price Target

$337.07 -3.55 (-1.04%)

Closing price 04:00 PM Eastern

Extended Trading

$338.50 +1.43 (+0.42%)

As of 07:58 PM Eastern

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Cadence Design Systems - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 16 Analyst Ratings

Sell
0

Hold
3

Buy
13

Based on 16 Wall Street analysts who have issued ratings for Cadence Design Systems in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 3 have given a hold rating, and 13 have given a buy rating for CDNS.

Consensus Price Target

$405.69
20.36% Upside

According to the 16 analysts' twelve-month price targets for Cadence Design Systems, the average price target is $405.69. The highest price target for CDNS is $450.00, while the lowest price target for CDNS is $300.00. The average price target represents a forecasted upside of 20.36% from the current price of $337.07.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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CDNS Analyst Ratings Over Time

Type	Current Forecast 8/5/25 to 8/5/26	1 Month Ago 7/6/25 to 7/6/26	3 Months Ago 5/7/25 to 5/7/26	1 Year Ago 8/5/24 to 8/5/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	14 Buy rating(s)	14 Buy rating(s)	12 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$405.69	$386.59	$380.59	$364.33
Forecasted Upside	20.36% Upside	2.88% Upside	6.64% Upside	1.06% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

CDNS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CDNS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cadence Design Systems Stock vs. The Competition

Type	Cadence Design Systems	Technology Companies	Broader Market
Consensus Rating Score	2.81	2.24	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	20.36% Upside	461.55% Upside	11.50% Upside
News Sentiment Rating	Positive News See Recent CDNS News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/30/2026	Weiss Ratings 5 of 5 stars		Upgrade	Hold (C) ➝ Hold (C+)
7/29/2026	Morgan Stanley 4 of 5 stars		Reiterated Rating	Overweight	$400.00	+16.04%
7/28/2026	Benchmark 4 of 5 stars	Gary Mobley Not Rated	Reiterated Rating	Buy
7/28/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform	$300.00	-11.40%
7/28/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jason Celino Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight
7/28/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kelsey Chia Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$400.00 ➝ $420.00	+24.04%
7/28/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vivek Arya Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$400.00 ➝ $420.00	+21.42%
7/28/2026	Rosenblatt Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Blair Abernethy Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$410.00 ➝ $420.00	+24.04%
7/28/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Clarke Jeffries Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$325.00 ➝ $349.00	+3.07%
7/28/2026	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Charles Shi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$400.00	+18.13%
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7/28/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joe Vruwink Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$415.00 ➝ $420.00	+24.04%
6/9/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ruben Roy Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$395.00 ➝ $432.00	+7.75%
5/27/2026	Berenberg Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nay Soe Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$440.00	+15.26%
5/26/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joe Quatrochi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$400.00 ➝ $425.00	+13.76%
10/28/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gal Munda Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$385.00	+9.56%
10/28/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Harlan Sur Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$390.00 ➝ $405.00	+15.25%
10/2/2025	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew DeGasperi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Outperform	$400.00	+13.65%
7/29/2025	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gary Mobley Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$370.00 ➝ $390.00	+7.14%
7/29/2025	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Siti Panigrahi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$360.00 ➝ $375.00	+12.36%
7/10/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Schneider Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$380.00	+17.68%
1/13/2025	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lachlan Brown Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$350.00	+17.06%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:28 AM ET.

Should I Buy Cadence Design Systems Stock? CDNS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 31, 2026. Please send any questions or comments about these Cadence Design Systems pros and cons to contact@marketbeat.com.

Cadence Design Systems
Bull Case

Here are some ways that investors could benefit from investing in Cadence Design Systems, Inc.:

The current stock price is around $373, reflecting a strong performance in the market.
Cadence Design Systems, Inc. reported a significant year-over-year revenue increase of 24.2%, indicating robust growth and demand for its products.
The company has a solid net margin of over 21%, showcasing its ability to convert revenue into profit effectively.
With a return on equity of 28.44%, Cadence Design Systems, Inc. demonstrates efficient use of shareholders' equity to generate profits.
The firm has set ambitious earnings guidance for FY 2026, projecting EPS between 8.050 and 8.150, which could signal future profitability and growth potential.

Cadence Design Systems
Bear Case

Investors should be bearish about investing in Cadence Design Systems, Inc. for these reasons:

The company has a high P/E ratio of around 78.93, which may indicate that the stock is overvalued compared to its earnings.
Cadence Design Systems, Inc. has a beta of 1.15, suggesting that its stock price is more volatile than the market, which could pose risks for investors.
The price-to-earnings-growth ratio of 3.86 indicates that the stock may be expensive relative to its growth rate, which could deter value-focused investors.
Despite strong revenue growth, the company’s earnings per share (EPS) growth may not keep pace with its high valuation, leading to potential corrections in stock price.
The debt-to-equity ratio of 0.38, while manageable, indicates that the company does carry some debt, which could impact financial stability in adverse conditions.

CDNS Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Cadence Design Systems is $405.69, with a high forecast of $450.00 and a low forecast of $300.00.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Design Systems in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CDNS shares.

According to analysts, Cadence Design Systems's stock has a predicted upside of 20.36% based on their 12-month stock forecasts.

Over the previous 90 days, Cadence Design Systems's stock had 2 upgrades by analysts.

Cadence Design Systems has been rated by research analysts at Bank of America, Benchmark, Berenberg Bank, Citigroup, KeyCorp, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Robert W. Baird, Rosenblatt Securities, Stifel Nicolaus, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Cadence Design Systems more than other "technology" companies. The consensus rating for Cadence Design Systems is Moderate Buy while the average consensus rating for "technology" companies is Hold. Learn more on how CDNS compares to other companies.

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This page (NASDAQ:CDNS) was last updated on 8/5/2026 by MarketBeat.com Staff.

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Cadence Design Systems (CDNS) Stock Forecast & Price Target

Cadence Design Systems - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

CDNS Analyst Ratings Over Time

CDNS Analyst Recommendations By Month

CDNS Price Targets by Month

Cadence Design Systems Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Cadence Design Systems Stock? CDNS Pros and Cons Explained

Cadence Design Systems
Bull Case

Cadence Design Systems
Bear Case

CDNS Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

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More Ratings Tools

Brokerages With Cadence Design Systems Recommendations

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Cadence Design Systems (CDNS) Stock Forecast & Price Target

Cadence Design Systems - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

CDNS Analyst Ratings Over Time

CDNS Analyst Recommendations By Month

CDNS Price Targets by Month

Cadence Design Systems Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Cadence Design Systems Stock? CDNS Pros and Cons Explained

Cadence Design Systems Bull Case

Cadence Design Systems Bear Case

CDNS Forecast - Frequently Asked Questions

What is Cadence Design Systems' forecast for 2026?

Should I buy or sell Cadence Design Systems stock right now?

Does Cadence Design Systems's stock price have much upside?

Has Cadence Design Systems been upgraded by Wall Street analysts recently?

What analysts cover Cadence Design Systems?

Do Wall Street analysts like Cadence Design Systems more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Cadence Design Systems Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Cadence Design Systems
Bull Case

Cadence Design Systems
Bear Case