Cadence Design Systems (CDNS) stock forecast for 2021

The forecast has been updated: May 25, 2023 9:46


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 stock today? What is the projected target price level for 2021? How much will it cost in 2021? Cadence Design Systems stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2021.

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.

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 support level (120.6094 $).

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




CDNS Forecast for 2021

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Cadence Design Systems stock.


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

Cadence Design Systems stock forecast for this year



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