Cadence Design Systems (CDNS) stock Forecast for 2022, 2023, 2024, 2025

The forecast has been updated: September 23, 2022 9:44


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 2022, 2023, 2024?

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, %
25 Sep 22 164.55 161.55 166.40 3.00 %
26 Sep 22 166.44 164.36 169.06 2.86 %
27 Sep 22 163.49 161.08 165.90 2.99 %
28 Sep 22 159.73 158.37 160.53 1.36 %
29 Sep 22 159.61 156.42 161.80 3.44 %
30 Sep 22 162.00 160.42 164.51 2.55 %
01 Oct 22 160.34 159.46 161.62 1.36 %
02 Oct 22 161.87 159.19 163.52 2.72 %
03 Oct 22 159.88 157.24 162.20 3.15 %
04 Oct 22 160.44 157.88 161.97 2.59 %
05 Oct 22 159.88 158.28 162.44 2.63 %
06 Oct 22 160.88 160.04 163.25 2.01 %
07 Oct 22 162.65 160.82 165.74 3.06 %
08 Oct 22 163.58 162.69 164.48 1.11 %
09 Oct 22 162.15 159.15 164.55 3.39 %
10 Oct 22 162.23 160.57 164.91 2.70 %
11 Oct 22 162.40 159.27 165.56 3.95 %
12 Oct 22 162.48 159.39 165.65 3.92 %
13 Oct 22 164.47 162.12 166.69 2.82 %
14 Oct 22 161.88 160.02 163.21 2.00 %
15 Oct 22 162.28 159.28 163.91 2.90 %
16 Oct 22 163.91 161.45 165.67 2.61 %
17 Oct 22 165.87 164.26 166.95 1.64 %
18 Oct 22 164.50 161.95 165.78 2.36 %
19 Oct 22 164.13 163.07 167.01 2.42 %
20 Oct 22 162.78 160.13 164.53 2.74 %
21 Oct 22 160.13 156.93 162.90 3.80 %
22 Oct 22 156.61 154.11 157.47 2.18 %
23 Oct 22 156.49 155.59 159.08 2.24 %
24 Oct 22 157.90 155.61 160.74 3.30 %

CDNS daily forecast for this month


Cadence Design Systems stock forecast for 25.09.2022.
Estimated Average Forecasted Cadence Design Systems Price: 164.55 Positive intraday dynamics of the instrument is expected with 2.917% volatility is expected.

Pessimistic forecast: 161.55

Optimistic: 166.40


Cadence Design Systems stock forecast for 26.09.2022.
Estimated Average Forecasted Cadence Design Systems Price: 166.44 Positive intraday dynamics of the instrument is expected with 2.781% volatility is expected.

Pessimistic forecast: 164.36

Optimistic: 169.06


Cadence Design Systems stock forecast for 27.09.2022.
Estimated Average Forecasted Cadence Design Systems Price: 163.49 Negative intraday dynamics of the instrument is expected with 2.907% volatility is expected.

Pessimistic forecast: 161.08

Optimistic: 165.90


Cadence Design Systems stock forecast for 28.09.2022.
Estimated Average Forecasted Cadence Design Systems Price: 159.73 Negative intraday dynamics of the instrument is expected with 1.344% volatility is expected.

Pessimistic forecast: 158.37

Optimistic: 160.53


Cadence Design Systems stock forecast for 29.09.2022.
Estimated Average Forecasted Cadence Design Systems Price: 159.61 Negative intraday dynamics of the instrument is expected with 3.329% volatility is expected.

Pessimistic forecast: 156.42

Optimistic: 161.80


CDNS Forecast for 2022

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Oct 175.41 168.25 180.98 7.04 %
Nov 171.20 167.60 175.61 4.56 %
Dec 172.94 170.24 180.62 5.75 %

Cadence Design Systems stock forecast for this year


Cadence Design Systems share price average forecast for Oct 2022 is: 175.405 The dynamics are positive.
Cadence Design Systems share price average forecast for Nov 2022 is: 171.195 The dynamics are negative.
Cadence Design Systems share price average forecast for Dec 2022 is: 172.941 The dynamics are positive.


Cadence Design Systems stock Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 164.85 161.29 170.78 5.56 %
Feb 161.19 157.22 163.41 3.79 %
Mar 168.05 160.69 170.68 5.85 %
Apr 175.92 171.70 180.14 4.69 %
May 179.93 176.91 183.39 3.53 %
Jun 174.86 172.34 179.79 4.14 %
Jul 180.73 177.26 183.99 3.65 %
Aug 176.83 171.74 182.66 5.98 %
Sep 174.81 169.99 181.32 6.25 %
Oct 173.76 170.22 177.62 4.17 %
Nov 171.89 165.60 178.28 7.12 %
Dec 169.93 165.95 175.33 5.35 %

Cadence Design Systems stock Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 176.35 170.32 184.18 7.53 %
Feb 179.31 176.09 183.40 3.99 %
Mar 187.60 183.77 193.34 4.95 %
Apr 191.42 187.17 199.00 5.94 %
May 194.30 187.53 202.46 7.37 %
Jun 191.38 184.26 197.12 6.52 %
Jul 189.89 182.48 195.70 6.75 %
Aug 183.51 181.09 186.92 3.12 %
Sep 180.10 175.66 186.58 5.85 %
Oct 182.58 178.97 186.41 4.00 %
Nov 192.22 184.38 196.72 6.27 %
Dec 188.30 184.91 194.29 4.83 %



Cadence Design Systems stock Forecast for 2025

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 185.36 179.47 188.70 4.89 %
Feb 186.47 178.75 194.08 7.90 %
Mar 182.89 174.66 185.75 5.97 %
Apr 182.02 173.39 185.84 6.70 %
May 191.52 184.62 199.91 7.65 %
Jun 197.61 195.12 206.38 5.46 %
Jul 199.86 194.70 207.77 6.29 %
Aug 210.17 203.62 220.26 7.56 %
Sep 214.33 207.13 217.94 4.96 %
Oct 209.45 200.90 213.09 5.72 %
Nov 214.35 209.08 217.56 3.90 %
Dec 215.76 211.62 223.53 5.33 %

Cadence Design Systems stock Forecast for 2026

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 216.28 212.91 222.51 4.32 %
Feb 220.04 215.29 223.08 3.49 %
Mar 222.82 218.81 228.43 4.21 %
Apr 219.61 210.52 224.22 6.11 %
May 214.47 208.55 223.99 6.89 %
Jun 210.48 201.89 214.02 5.66 %
Jul 205.68 201.36 208.15 3.26 %
Aug 208.27 202.40 214.15 5.49 %
Sep 203.65 199.74 211.47 5.55 %
Oct 197.78 193.51 201.23 3.83 %
Nov 200.28 197.75 208.81 5.29 %
Dec 195.47 192.42 203.56 5.47 %

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 286.3 (21.09.2022) -1.64 %
Alteryx, Inc.
AYX 60.82 (22.09.2022) -4.89 %
Advanced Micro Devices, Inc.
AMD 69.5 (22.09.2022) -6.69 %
Apple Inc.
AAPL 152.74 (22.09.2022) -0.64 %
ASML Holding N.V.
ASML 454.92 (21.09.2022) -1.52 %
Autodesk, Inc.
ADSK 187.15 (22.09.2022) -2.74 %
Bionano Genomics, Inc.
BNGO 1.9 (22.09.2022) -5.94 %
Broadcom Inc.
AVGO 477.61 (22.09.2022) -0.94 %
Cadence Design Systems, Inc.
CDNS 162.32 (22.09.2022) -2.24 %
Canaan Inc.
CAN 3.09 (21.09.2022) 0.65 %
Cisco Systems, Inc.
CSCO 41.59 (21.09.2022) -2.33 %
Citrix Systems, Inc.
CTXS 103.75 (21.09.2022) 0.03 %
Coupang, Inc.
CPNG 16.99 (21.09.2022) -4.39 %
CrowdStrike Holdings, Inc.
CRWD 161.28 (22.09.2022) -4.71 %
DocuSign, Inc.
DOCU 54.6 (21.09.2022) -1.69 %
Enphase Energy, Inc.
ENPH 304.56 (21.09.2022) -0.05 %
First Solar, Inc.
FSLR 135.57 (21.09.2022) 1.70 %
Fiserv, Inc.
FISV 98.56 (22.09.2022) -1.03 %
Genasys Inc.
GNSS 2.87 (22.09.2022) -2.05 %
GoPro, Inc.
GPRO 5.28 (21.09.2022) -1.12 %
Hewlett Packard Enterprise Comp.
HPE 12.4 (22.09.2022) -1.59 %
International Business Machines Corp.
IBM 125.31 (22.09.2022) 0.30 %
Ideanomics, Inc.
IDEX 0.4 (21.09.2022) -2.56 %
Intel Corp.
INTC 28.47 (21.09.2022) -1.69 %
Logitech International S.A.
LOGI 46.66 (22.09.2022) -0.85 %
MaxLinear, Inc.
MXL 33.24 (22.09.2022) -4.76 %
Micron Technology, Inc.
MU 49.66 (22.09.2022) -0.88 %
Microsoft Inc.
MSFT 238.95 (21.09.2022) -1.44 %
Nano Dimension Ltd.
NNDM 2.39 (22.09.2022) -0.83 %
nCino, Inc.
NCNO 35.8 (21.09.2022) 2.29 %
Nokia Corp.
NOK 4.44 (22.09.2022) -1.33 %
Nuance Communications, Inc.
NUAN 55.99 (04.03.2022) 0.00 %
NVIDIA Corp.
NVDA 132.61 (21.09.2022) 0.65 %
Okta, Inc.
OKTA 56.97 (21.09.2022) -2.62 %
Opendoor Technologies Inc.
OPEN 3.04 (22.09.2022) -6.46 %
Palantir Technologies Inc.
PLTR 7.37 (22.09.2022) -4.16 %
Palo Alto Networks, Inc.
PANW 171.12 (21.09.2022) -2.23 %
QUALCOMM, Inc.
QCOM 123.68 (22.09.2022) -0.75 %
Riot Blockchain, Inc.
RIOT 6.37 (21.09.2022) 2.41 %
SailPoint Technologies Holdings, Inc.
SAIL 65.24 (16.08.2022) 0.00 %
salesforce.com, inc.
CRM 150.15 (22.09.2022) 1.71 %
ServiceNow, Inc.
NOW 386.97 (22.09.2022) -3.60 %
Shopify Inc.
SHOP 30.55 (21.09.2022) -1.29 %
ShotSpotter, Inc.
SSTI 25.99 (22.09.2022) -2.62 %
Skillz Inc.
SKLZ 1.09 (21.09.2022) -0.91 %
Slack Technologies, Inc.
WORK 45.2 (21.07.2021) 0.00 %
Snowflake Inc.
SNOW 171.79 (22.09.2022) -3.88 %
SolarEdge Technologies, Inc.
SEDG 270.94 (22.09.2022) -5.91 %
Sony Corp.
SNE 69.91 (21.09.2022) -1.77 %
Splunk Inc.
SPLK 83.28 (22.09.2022) -3.77 %
Square, Inc.
SQ 59.45 (21.09.2022) -3.29 %
Sunnova Energy Inter. Inc.
NOVA 25.4 (22.09.2022) -4.11 %
Sunrun Inc.
RUN 32.5 (22.09.2022) -5.39 %
Synopsys, Inc.
SNPS 306.97 (22.09.2022) -1.96 %
Taiwan Semiconductor Manufacturing Company Lim.
TSM 77.14 (21.09.2022) -1.29 %
Uber Technologies, Inc.
UBER 28.58 (22.09.2022) -6.20 %
Unity Software Inc.
U 33.32 (22.09.2022) -4.53 %
Upland Software, Inc.
UPLD 8.26 (22.09.2022) -1.90 %
Workday, Inc.
WDAY 150.49 (22.09.2022) -0.32 %
Zscaler, Inc.
ZS 171.88 (21.09.2022) -0.46 %


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.