CADENCE DESIGN SYS INC (CDNS) Forecast, Price Target & Analyst Ratings
NASDAQ:CDNS • US1273871087
302.45 USD
+1.82 (+0.61%)
Last: Mar 4, 2026, 12:42 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CADENCE DESIGN SYS INC (CDNS).
Forecast Snapshot
Consensus Price Target
$379.71
+ 25.55% Upside
Next Earnings Forecast
Release DateApr 27, 2026
PeriodQ1 / 2026
EPS Estimate$1.96
Revenue Estimate1.468B
ChartMill Buy Consensus
81.88%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$379.71
Upside
+ 25.55%
From current price of $302.45 to mean target of $379.71, Based on 32 analyst forecasts
Low
$277.75
Median
$384.61
High
$430.50
Price Target Revisions
1 Month
-2.52%
3 Months
-2.40%
Price Target Summary
32 analysts have analysed CDNS and the average price target is 379.71 USD. This implies a price increase of 25.55% is expected in the next year compared to the current price of 302.45.
The average price target has been revised downward by 2.4% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
81.88%
CDNS was analyzed by 32 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about CDNS.
In the previous month the buy percentage consensus was at a similar level.
CDNS was analyzed by 32 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-02-26 | Rosenblatt | Maintains | Buy -> Buy |
| 2026-02-18 | Needham | Reiterate | Buy -> Buy |
| 2026-02-18 | Rosenblatt | Upgrade | Neutral -> Buy |
| 2026-02-18 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-02-18 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2026-02-18 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2026-02-17 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-12-22 | Needham | Reiterate | Buy -> Buy |
| 2025-11-24 | Citigroup | Initiate | Buy |
| 2025-10-28 | Needham | Reiterate | Buy -> Buy |
| 2025-10-28 | Oppenheimer | Maintains | Underperform -> Underperform |
| 2025-10-28 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-10-28 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2025-10-28 | JP Morgan | Maintains | Overweight -> Overweight |
| 2025-10-28 | Baird | Maintains | Outperform -> Outperform |
| 2025-10-22 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-07-29 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-07-29 | Needham | Maintains | Buy -> Buy |
| 2025-07-29 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-07-29 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-07-29 | Stifel | Maintains | Buy -> Buy |
| 2025-07-29 | Loop Capital | Maintains | Buy -> Buy |
| 2025-07-29 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2025-07-29 | JP Morgan | Maintains | Overweight -> Overweight |
| 2025-07-29 | Piper Sandler | Downgrade | Overweight -> Neutral |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 27, 2026
PeriodQ1 / 2026
EPS Estimate$1.96
Revenue Estimate1.468B
Revenue Q2Q18.16%
EPS Q2Q25.07%
Number of Analysts19
Next Earnings Revisions
Revenue (1 Month)
4.34%
Revenue (3 Months)
4.41%
EPS (1 Month)
6.96%
EPS (3 Months)
6.98%
Next Earnings Summary
CDNS is expected to report earnings on 4/27/2026. The consensus EPS estimate for the next earnings is 1.96 USD and the consensus revenue estimate is 1.47B USD.
The next earnings revenue estimate has been revised upward by 4.41% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 4.09B 14.83% | 4.641B 13.48% | 5.297B 14.12% | 6.06B 14.41% | 6.808B 12.34% | 7.513B 10.36% | 8.303B 10.52% | 9.916B 19.43% | 11.089B 11.83% | 12.364B 11.50% | 13.788B 11.52% | |
| EBITDA YoY % growth | 1.42B 17.73% | 1.586B 11.72% | 1.908B 20.30% | 2.909B 52.45% | 3.322B 14.20% | 3.727B 12.19% | 4.316B 15.80% | 4.891B 13.32% | 5.429B 11.00% | 6.128B 12.88% | 6.882B 12.30% | |
| EBIT YoY % growth | 1.274B 18.68% | 1.389B 9.01% | 1.68B 20.96% | 2.69B 60.09% | 3.058B 13.68% | 3.384B 10.66% | 3.247B -4.05% | 4.473B 37.76% | N/A | N/A | N/A | |
| Operating Margin | 31.16% | 29.93% | 31.72% | 44.39% | 44.92% | 45.04% | 39.11% | 45.11% | N/A | N/A | N/A | |
| EPS YoY % growth | 5.15 20.61% | 5.97 15.92% | 7.14 19.60% | 8.21 15.05% | 9.41 14.61% | 10.15 7.81% | 11.07 9.05% | 14.05 26.91% | 15.69 11.69% | 17.85 13.78% | 20.33 13.89% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 1.96 25.07% | 1.96 18.80% | 2.10 8.93% | 2.27 14.18% | 2.09 6.28% | 2.19 11.57% | 2.37 12.56% | 2.65 16.54% |
| Revenue Q2Q % growth | 1.468B 18.16% | 1.483B 16.27% | 1.538B 14.88% | 1.631B 13.25% | 1.574B 7.22% | 1.624B 9.51% | 1.711B 11.25% | 1.853B 13.61% |
| EBITDA Q2Q % growth | 698.6M 68.61% | 690.66M 43.59% | 741.39M 20.35% | 799.07M 14.07% | 730.78M 4.61% | 766.12M 10.93% | 832.32M 12.26% | 1.024B 28.15% |
| EBIT Q2Q % growth | 626.61M 73.38% | 627.94M 67.72% | 704.52M 55.60% | 756.87M 60.12% | 655.69M 4.64% | 684.33M 8.98% | 736.81M 4.58% | 853.74M 12.80% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
12.44%
EPS Next 5 Year
14.49%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
11.73%
Revenue Next 5 Year
12.98%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
16.03%
EBIT Next 5 Year
15.44%
CADENCE DESIGN SYS INC / CDNS Forecast FAQ
What is the price target for CDNS stock?
32 analysts have analysed CDNS and the average price target is 379.71 USD. This implies a price increase of 25.55% is expected in the next year compared to the current price of 302.45.
What is the next earnings date for CDNS stock?
CADENCE DESIGN SYS INC (CDNS) will report earnings on 2026-04-27.
Can you provide the consensus estimates for CADENCE DESIGN SYS INC next earnings?
The consensus EPS estimate for the next earnings of CADENCE DESIGN SYS INC (CDNS) is 1.96 USD and the consensus revenue estimate is 1.47B USD.
Can you provide the consensus rating for CADENCE DESIGN SYS INC stock?
The consensus rating for CADENCE DESIGN SYS INC (CDNS) is 81.875 / 100 . This indicates that analysts generally have a positive outlook on the stock.