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Cadence Design Systems (CDNS) Stock Forecast & Price Target

Cadence Design Systems logo
$353.63 +4.12 (+1.18%)
Closing price 05/5/2026 04:00 PM Eastern
Extended Trading
$352.32 -1.32 (-0.37%)
As of 08:31 AM Eastern
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Cadence Design Systems - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
3
Buy
14

Based on 17 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 17 analysts, 3 have given a hold rating, and 14 have given a buy rating for CDNS.

Consensus Price Target

$380.59
7.62% Upside
According to the 17 analysts' twelve-month price targets for Cadence Design Systems, the average price target is $380.59. The highest price target for CDNS is $425.00, while the lowest price target for CDNS is $275.00. The average price target represents a forecasted upside of 7.62% from the current price of $353.63.
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

TypeCurrent Forecast
5/6/25 to 5/6/26
1 Month Ago
4/6/25 to 4/6/26
3 Months Ago
2/5/25 to 2/5/26
1 Year Ago
5/6/24 to 5/6/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
14 Buy rating(s)
15 Buy rating(s)
13 Buy rating(s)
11 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$380.59$376.50$379.59$322.54
Forecasted Upside7.62% Upside34.76% Upside40.52% Upside5.26% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate 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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Cadence Design Systems Stock vs. The Competition

TypeCadence Design SystemsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.82
2.30
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside7.62% Upside156.88% Upside14.75% Upside
News Sentiment Rating
Positive News

See Recent CDNS News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
4/29/2026
Citigroup Inc. logo
Citigroup
4 of 5 stars
Kelsey Chia
Not Rated
Boost TargetBuy$385.00 ➝ $400.00+22.82%
4/28/2026
KeyCorp logo
KeyCorp
2 of 5 stars
Jason Celino
Jason Celino
2 of 5 stars
Boost TargetOverweight$405.00 ➝ $425.00+26.21%
4/28/2026
Joe Quatrochi
Joe Quatrochi
Not Rated
Boost TargetOverweight$375.00 ➝ $400.00+21.93%
4/28/2026Boost TargetNeutral$319.00 ➝ $325.00-3.48%
4/28/2026Reiterated RatingBuy$400.00+18.79%
4/28/2026Boost TargetOutperform$381.00 ➝ $385.00+14.33%
4/24/2026Reiterated RatingBuy$360.00+14.53%
2/18/2026Set Target$395.00+27.45%
2/18/2026Lower TargetOverweight$385.00 ➝ $370.00+30.53%
12/29/2025 Reiterated RatingHold (C)
12/1/2025UpgradeUnderperformMarket Perform$275.00-11.71%
10/28/2025Reiterated RatingOutperform$385.00+9.56%
10/28/2025Boost TargetOverweight$390.00 ➝ $405.00+15.25%
10/2/2025Initiated CoverageOutperform$400.00+13.65%
7/30/2025 Set Target$400.00+7.00%
7/29/2025Boost TargetBuy$370.00 ➝ $390.00+7.14%
7/29/2025Boost TargetOutperform$360.00 ➝ $375.00+12.36%
7/10/2025Initiated CoverageBuy$380.00+17.68%
4/29/2025Boost TargetBuy$320.00 ➝ $350.00+17.64%
1/13/2025Initiated CoverageBuy$350.00+17.06%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 08:32 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, May 1, 2026. Please send any questions or comments about these Cadence Design Systems pros and cons to contact@marketbeat.com.

Cadence Design Systems
Bull Case

green Wall Street bull icon

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

  • Cadence Design Systems, Inc. has been recognized as a key player in the growth of AI chip design, positioning itself well to capitalize on the increasing demand for advanced semiconductor solutions.
  • The current stock price is around $329.59, reflecting strong market confidence following recent positive earnings reports, which have led to upgrades in analysts' forecasts.
  • With a market capitalization of approximately $91 billion, Cadence Design Systems, Inc. demonstrates significant scale and stability, which can be attractive to long-term investors.
  • The company has a solid financial position, indicated by a low debt-to-equity ratio, suggesting it is well-managed and less vulnerable to economic downturns.
  • Recent developments in the semiconductor industry, including increased capital expenditures in AI, suggest a favorable environment for Cadence Design Systems, Inc. to thrive.

Cadence Design Systems
Bear Case

red Wall Street bear icon

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

  • Recent insider selling, including significant transactions by the CFO, may raise concerns about the company's future performance and could negatively impact investor sentiment.
  • There are indications of near-term margin risks and integration challenges following recent mergers and acquisitions, which could affect profitability in the short run.
  • Despite a bullish average brokerage recommendation, the market sentiment remains mixed, indicating potential volatility and uncertainty in stock performance.
  • Post-earnings profit-taking has been observed, suggesting that some investors may be locking in gains, which could lead to short-term price pressure.
  • Temporary cash-flow impacts from recent acquisitions may hinder the company's ability to invest in growth opportunities, potentially affecting long-term performance.

CDNS Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Cadence Design Systems is $380.59, with a high forecast of $425.00 and a low forecast of $275.00.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cadence Design Systems in the last twelve months. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CDNS shares.

According to analysts, Cadence Design Systems's stock has a predicted upside of 7.62% based on their 12-month stock forecasts.

Over the previous 90 days, Cadence Design Systems's stock had 1 upgrade by analysts.

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

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


This page (NASDAQ:CDNS) was last updated on 5/6/2026 by MarketBeat.com Staff.
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