Cadence Design Systems (CDNS) stock Forecast for 2023, 2024, 2025, 2026

The forecast has been updated: December 9, 2023 12:42


Cadence Design Systems stock price online today

Analyst Target Price

148.42

Dividend Date

-

Ex Dividend Date

-

Last Split Factor

2:1

Last Split Date

17.11.1997

Should you buy or sell Cadence Design Systems stock today? What is the projected target price level for over the horizon of a year, two, three? How much will be worth in 2023, 2025, 2026?

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Below you can see the results of forecasts for the month, current and future years. Find out target values for stocks, optimistic and pessimistic forecasts.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $148.42 target price for Cadence Design Systems stock stock.

Today 200 Day Moving Average is the resistance level (120.6094 $).

50 Day Moving Average is the resistance level (137.5412 $).




Cadence Design Systems stock monthly Forecast

Date Rate Forecast MIN Rate MAX Rate Volati-
lity, %
11 Dec 23 243.97 239.58 247.20 3.18 %
12 Dec 23 242.38 238.38 245.96 3.18 %
13 Dec 23 240.87 236.65 242.19 2.34 %
14 Dec 23 235.87 231.21 237.52 2.73 %
15 Dec 23 239.47 236.41 242.94 2.76 %
16 Dec 23 241.44 238.85 246.03 3.01 %
17 Dec 23 241.08 239.76 245.48 2.39 %
18 Dec 23 242.11 238.47 246.58 3.40 %
19 Dec 23 237.57 235.67 240.06 1.86 %
20 Dec 23 239.82 236.59 241.68 2.15 %
21 Dec 23 235.51 234.33 239.10 2.04 %
22 Dec 23 240.57 238.89 245.20 2.64 %
23 Dec 23 243.04 240.54 247.11 2.73 %
24 Dec 23 243.22 240.36 245.83 2.28 %
25 Dec 23 244.19 240.28 245.66 2.24 %
26 Dec 23 248.22 245.61 251.88 2.55 %
27 Dec 23 247.10 244.76 250.44 2.32 %
28 Dec 23 246.73 244.63 248.95 1.77 %
29 Dec 23 240.87 237.32 244.79 3.15 %
30 Dec 23 235.69 233.98 237.76 1.61 %
31 Dec 23 233.22 230.83 234.73 1.69 %
01 Jan 24 229.43 225.59 232.07 2.87 %
02 Jan 24 227.88 223.49 230.10 2.96 %
03 Jan 24 230.16 227.05 234.01 3.07 %
04 Jan 24 228.78 225.12 230.84 2.54 %
05 Jan 24 234.38 232.86 238.84 2.57 %
06 Jan 24 228.99 224.93 232.43 3.33 %
07 Jan 24 229.68 226.41 233.81 3.27 %
08 Jan 24 224.11 221.92 226.69 2.15 %
09 Jan 24 224.84 221.97 225.96 1.80 %

CDNS daily forecast for this month


Cadence Design Systems stock forecast for 11.12.2023.
Estimated Average Forecasted Cadence Design Systems Price: 243.97 Positive intraday dynamics of the instrument is expected with 3.084% volatility is expected.

Pessimistic forecast: 239.58

Optimistic: 247.20


Cadence Design Systems stock forecast for 12.12.2023.
Estimated Average Forecasted Cadence Design Systems Price: 242.38 Negative intraday dynamics of the instrument is expected with 3.079% volatility is expected.

Pessimistic forecast: 238.38

Optimistic: 245.96


Cadence Design Systems stock forecast for 13.12.2023.
Estimated Average Forecasted Cadence Design Systems Price: 240.87 Negative intraday dynamics of the instrument is expected with 2.287% volatility is expected.

Pessimistic forecast: 236.65

Optimistic: 242.19


Cadence Design Systems stock forecast for 14.12.2023.
Estimated Average Forecasted Cadence Design Systems Price: 235.87 Negative intraday dynamics of the instrument is expected with 2.656% volatility is expected.

Pessimistic forecast: 231.21

Optimistic: 237.52


Cadence Design Systems stock forecast for 15.12.2023.
Estimated Average Forecasted Cadence Design Systems Price: 239.47 Positive intraday dynamics of the instrument is expected with 2.686% volatility is expected.

Pessimistic forecast: 236.41

Optimistic: 242.94


CDNS Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 232.63 226.63 241.56 6.18 %
Feb 238.35 231.06 245.50 5.88 %
Mar 231.91 225.23 238.87 5.71 %
Apr 230.80 226.78 241.05 5.92 %
May 231.49 220.94 239.27 7.66 %
Jun 240.52 234.17 249.76 6.24 %
Jul 244.71 239.42 251.75 4.90 %
Aug 245.15 235.44 253.53 7.14 %
Sep 249.41 238.19 256.75 7.23 %
Oct 255.55 243.74 264.75 7.93 %
Nov 251.41 244.77 258.80 5.42 %
Dec 239.64 232.88 251.00 7.22 %

Cadence Design Systems stock forecast for this year


Cadence Design Systems share price average forecast for Jan 2024 is: 232.626 The dynamics are negative.
Cadence Design Systems share price average forecast for Feb 2024 is: 238.349 The dynamics are positive.
Cadence Design Systems share price average forecast for Mar 2024 is: 231.913 The dynamics are negative.
Cadence Design Systems share price average forecast for Apr 2024 is: 230.8 The dynamics are negative.
Cadence Design Systems share price average forecast for May 2024 is: 231.493 The dynamics are positive.
Cadence Design Systems share price average forecast for Jun 2024 is: 240.521 The dynamics are positive.
Cadence Design Systems share price average forecast for Jul 2024 is: 244.706 The dynamics are positive.
Cadence Design Systems share price average forecast for Aug 2024 is: 245.146 The dynamics are positive.
Cadence Design Systems share price average forecast for Sep 2024 is: 249.412 The dynamics are positive.
Cadence Design Systems share price average forecast for Oct 2024 is: 255.548 The dynamics are positive.
Cadence Design Systems share price average forecast for Nov 2024 is: 251.408 The dynamics are negative.
Cadence Design Systems share price average forecast for Dec 2024 is: 239.642 The dynamics are negative.


Cadence Design Systems stock Forecast for 2025

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 248.99 240.62 254.96 5.63 %
Feb 259.45 250.73 271.74 7.73 %
Mar 262.25 254.22 271.22 6.27 %
Apr 268.07 264.21 275.47 4.09 %
May 271.93 265.89 283.68 6.27 %
Jun 267.85 259.49 279.26 7.08 %
Jul 273.48 261.33 280.53 6.84 %
Aug 267.73 260.50 270.95 3.85 %
Sep 260.34 254.25 265.03 4.07 %
Oct 253.00 245.11 258.31 5.11 %
Nov 241.62 233.06 250.46 6.95 %
Dec 243.21 239.27 246.86 3.07 %

Cadence Design Systems stock Forecast for 2026

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 245.55 242.60 250.26 3.06 %
Feb 248.93 238.78 260.58 8.37 %
Mar 245.50 242.26 249.92 3.07 %
Apr 238.43 231.28 244.44 5.38 %
May 231.28 225.73 239.46 5.74 %
Jun 223.51 213.58 233.16 8.40 %
Jul 210.77 207.35 218.61 5.15 %
Aug 210.39 201.42 212.91 5.40 %
Sep 215.06 211.70 221.25 4.32 %
Oct 227.31 220.63 234.95 6.10 %
Nov 222.81 216.66 231.10 6.25 %
Dec 231.64 224.83 241.09 6.74 %



Cadence Design Systems stock Forecast for 2027

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 242.06 232.77 252.08 7.66 %
Feb 238.14 232.14 241.85 4.02 %
Mar 239.28 230.24 243.30 5.37 %
Apr 236.41 229.89 241.52 4.82 %
May 235.42 226.66 238.95 5.14 %
Jun 231.32 223.83 237.85 5.89 %
Jul 227.71 219.52 235.09 6.63 %
Aug 225.25 214.58 228.23 5.98 %
Sep 224.04 216.38 228.07 5.13 %
Oct 235.06 226.74 239.43 5.30 %
Nov 240.70 233.91 249.37 6.20 %
Dec 237.38 230.54 241.80 4.65 %
Detailed forecast for 2027

Cadence Design Systems stock Forecast for 2028

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 249.77 239.13 259.66 7.91 %
Feb 264.31 251.78 267.80 5.98 %
Mar 265.74 261.27 275.30 5.10 %
Apr 268.29 255.57 280.68 8.95 %
May 266.52 260.28 272.27 4.40 %
Jun 273.23 261.10 284.05 8.08 %
Jul 266.67 263.15 273.23 3.69 %
Aug 261.87 254.18 267.06 4.82 %
Sep 269.10 260.54 272.65 4.44 %
Oct 273.78 267.21 277.23 3.61 %
Nov 281.83 276.93 289.61 4.38 %
Dec 297.39 283.65 308.28 7.99 %
Detailed forecast for 2028

Cadence Design Systems overview

Cadence Design Systems Address

Building 5, San Jose, CA, United States, 95134

Market Capitalization

38 001 840 128 $

EBITDA

718 659 968

PE Ratio

35.3176

PEG Ratio

4.8955

Dividend Per Share

None

Dividend Yield

0

EPS

3.857

Quarterly Earnings Growth YOY

-0.738

Quarterly Revenue Growth YOY

0.267

Trailing PE

35.3176

Forward PE

46.9484

EV To Revenue

14.4966

EV To EBITDA

48.3961

52 Week High

149.08

52 Week Low

51.39

50 Day Moving Average

137.5412

200 Day Moving Average

120.6094

Shares Outstanding

278974016

Shares Float

274886500

Shares Short Prior Month

2864030

Short Ratio

1.87

Percent Insiders

1.316

Percent Institutions

88.717


Other Technology sector assets

Name Symbol Last Close Price Change
Adobe Inc.
ADBE 514.83 (14.07.2023) -0.47 %
Alteryx, Inc.
AYX 41.22 (17.07.2023) 2.13 %
Advanced Micro Devices, Inc.
AMD 100.01 (23.10.2023) -1.77 %
Apple Inc.
AAPL 194.27 (07.12.2023) 1.01 %
ASML Holding N.V.
ASML 754.02 (14.07.2023) 0.44 %
Autodesk, Inc.
ADSK 199.72 (23.10.2023) -1.47 %
Bionano Genomics, Inc.
BNGO 0.6437 (17.07.2023) -0.66 %
Broadcom Inc.
AVGO 862.22 (23.10.2023) 1.01 %
Cadence Design Systems, Inc.
CDNS 238.64 (20.10.2023) -2.62 %
Canaan Inc.
CAN 2.94 (14.07.2023) -7.55 %
Cisco Systems, Inc.
CSCO 50.38 (14.07.2023) -2.23 %
Citrix Systems, Inc.
CTXS 103.9 (02.11.2022) 0.00 %
Coupang, Inc.
CPNG 17.61 (14.07.2023) -0.79 %
CrowdStrike Holdings, Inc.
CRWD 179.08 (23.10.2023) 0.18 %
DocuSign, Inc.
DOCU 52.72 (14.07.2023) -2.24 %
Enphase Energy, Inc.
ENPH 177.94 (14.07.2023) -2.57 %
First Solar, Inc.
FSLR 191.3 (14.07.2023) -2.87 %
Fiserv, Inc.
FISV 109.61 (23.10.2023) -0.81 %
Genasys Inc.
GNSS 2.8 (17.07.2023) -0.36 %
GoPro, Inc.
GPRO 4.26 (14.07.2023) -1.16 %
Hewlett Packard Enterprise Comp.
HPE 16.22 (08.12.2023) 0.62 %
International Business Machines Corp.
IBM 136.38 (23.10.2023) -0.57 %
Ideanomics, Inc.
IDEX 0.0921 (14.07.2023) -4.95 %
Intel Corp.
INTC 33.15 (14.07.2023) -2.13 %
Logitech International S.A.
LOGI 68.35 (23.10.2023) -1.19 %
MaxLinear, Inc.
MXL 19.39 (08.12.2023) 0.21 %
Micron Technology, Inc.
MU 66.88 (23.10.2023) -0.51 %
Microsoft Inc.
MSFT 345.24 (14.07.2023) 0.75 %
Nano Dimension Ltd.
NNDM 3.18 (17.07.2023) 2.25 %
nCino, Inc.
NCNO 27.6 (20.10.2023) -3.12 %
Nokia Corp.
NOK 3.85 (17.07.2023) -3.27 %
Nuance Communications, Inc.
NUAN 55.99 (04.03.2022) 0.00 %
NVIDIA Corp.
NVDA 454.69 (14.07.2023) -1.10 %
Okta, Inc.
OKTA 70.69 (14.07.2023) -3.86 %
Opendoor Technologies Inc.
OPEN 3.41 (04.12.2023) 2.71 %
Palantir Technologies Inc.
PLTR 17.4 (17.07.2023) 6.10 %
Palo Alto Networks, Inc.
PANW 241.26 (14.07.2023) 0.94 %
QUALCOMM, Inc.
QCOM 132.97 (08.12.2023) 0.02 %
Riot Blockchain, Inc.
RIOT 19.12 (14.07.2023) -5.77 %
SailPoint Technologies Holdings, Inc.
SAIL 65.24 (16.08.2022) 0.00 %
salesforce.com, inc.
CRM 228 (17.07.2023) -0.58 %
ServiceNow, Inc.
NOW 699.08 (08.12.2023) 1.66 %
Shopify Inc.
SHOP 68.45 (14.07.2023) -2.73 %
ShotSpotter, Inc.
SSTI 23.1 (17.07.2023) -3.10 %
Skillz Inc.
SKLZ 12.15 (14.07.2023) -8.58 %
Slack Technologies, Inc.
WORK 45.2 (21.07.2021) 0.00 %
Snowflake Inc.
SNOW 190.67 (08.12.2023) 1.79 %
SolarEdge Technologies, Inc.
SEDG 85.49 (23.10.2023) 3.12 %
Sony Corp.
SNE 92.39 (14.07.2023) -1.51 %
Splunk Inc.
SPLK 150.95 (08.12.2023) -0.04 %
Square, Inc.
SQ 75.46 (14.07.2023) -0.97 %
Sunnova Energy Inter. Inc.
NOVA 8.6 (23.10.2023) -0.81 %
Sunrun Inc.
RUN 9.88 (23.10.2023) 0.30 %
Synopsys, Inc.
SNPS 535.93 (08.12.2023) 0.33 %
Taiwan Semiconductor Manufacturing Company Lim.
TSM 105.14 (14.07.2023) -0.41 %
Uber Technologies, Inc.
UBER 58.63 (04.12.2023) 2.23 %
Unity Software Inc.
U 32.7 (08.12.2023) 2.51 %
Upland Software, Inc.
UPLD 3.54 (23.10.2023) -3.28 %
Workday, Inc.
WDAY 209.58 (23.10.2023) -0.75 %
Zscaler, Inc.
ZS 145.43 (14.07.2023) 0.20 %

Warning: include(include/reklama_bottom.php): failed to open stream: No such file or directory in /home/virtwww/w_leoprophet-com_a7e4ac46/http/wp-content/themes/generatepress/forecast_stock_post.php on line 1205 Warning: include(): Failed opening 'include/reklama_bottom.php' for inclusion (include_path='.:') in /home/virtwww/w_leoprophet-com_a7e4ac46/http/wp-content/themes/generatepress/forecast_stock_post.php on line 1205

Denial of responsibility:

The portal leoprophet.com is not responsible for the loss of your money as a result of your use of the information contained on the site, including data, quotes, charts and forecasts. Operations in the stock, foreign exchange and commodity markets involve a high level of risk, and you are solely responsible for your operations. Only speculate with money that you can afford to lose. All prices and forecasts for stocks, indices, futures are indicative and should not be trade dependent. The portal is not responsible for any losses that you may incur as a result of using this data.