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Cadence Design (CDNS): analyst forecast and price target
Analyst consensus
Strong Buy16 Buy2 Hold0 Sell
Ratings of 18 analysts in the last 3 months12-month forecast
Based on 18 price targets given in the last 3 months, the average target is $410, the highest $470, the lowest $300. The average is +28.3% from the last price of $320.
Analyst ratings 18
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI PerPlexity Software - ApplicationPerPlexity SonarPro | TipRanks - PerPlexity | $399 → $404+1.3% | Buy | +26.4% | Reiterated | 13.10.26on TipRanks Oct 12 23:05 | — | |
| Gianmarco Conti★★★★★★★★★★#7594 · hits 54% · avg +0.9% | Deutsche Bank | $400 → $420+5.0% | Buy | +31.5% | Reiterated | 07.10.26on TipRanks 09:10 | −0.7%next day −1.6% · 5 days −6.5% | ↗ |
| AI xAi Software - ApplicationxAI Grok-3 | TipRanks - xAI | $327 → $343+4.9% | Buy | +7.4% | Reiterated | 25.09.26on TipRanks Sep 24 23:06 | — | |
| AI DeepSeek Software - ApplicationDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $333 → $349+4.8% | Buy | +9.2% | Upgrade | 25.09.26on TipRanks Sep 24 23:06 | — | |
| AI OpenAI Software - ApplicationOpenAI 5.2 | TipRanks - OpenAI | $324 → $340+4.9% | Buy | +6.4% | Reiterated | 25.09.26on TipRanks Sep 24 23:06 | — | |
| AI Anthropic Software - ApplicationAnthropic Opus-4.5 | TipRanks - Anthropic | $318 → $334+5.0% | Hold | +4.5% | Reiterated | 25.09.26on TipRanks Sep 24 23:06 | — | |
| AI Google Software - ApplicationGemini 3-pro | TipRanks - Google | $332 → $348+4.8% | Buy | +8.9% | Reiterated | 25.09.26on TipRanks Sep 24 23:06 | — | |
| Siti Panigrahi★★★★★★★★★★#10223 · hits 45% · avg −0.8% | Mizuho Securities | — | Buy | — | Reiterated | 23.09.26on TipRanks Sep 24 03:25 | +2.7%next day +4.3% · 5 days +7.5% | ↗ |
| Shebly Seyrafi★★★★★★★★★★#432 · hits 60% · avg +13.5% | FBN Securities | $375 | Buy | +17.4% | Initiated | 11.09.26on TipRanks 07:35 | +0.7%next day −3.1% · 5 days −2.1% | ↗ |
| Ruben Roy★★★★★★★★★★#15 · hits 68% · avg +52.4% | Stifel Nicolaus | $432 | Buy | +35.2% | Reiterated | 28.08.26on TipRanks 09:17 | −1.8%next day −0.2% · 5 days −14.1% | ↗ |
| Vivek Arya★★★★★★★★★★#155 · hits 61% · avg +25.6% | Bank of America Securities | $420 | Buy | +31.5% | Reiterated | 19.08.26on TipRanks Aug 20 06:35 | −0.7%next day +0.4% · 5 days +6.6% | ↗ |
| Lee Simpson★★★★★★★★★★#3479 · hits 54% · avg +5.9% | Morgan Stanley | $370 → $400+8.1% | Buy | +25.2% | Reiterated | 29.07.26on TipRanks Jul 28 07:10 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Kelsey Chia★★★★★★★★★★#1784 · hits 67% · avg +29.9% | Citi | $400 → $420+5.0% | Buy | +31.5% | Reiterated | 29.07.26on TipRanks Jul 28 05:50 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Harlan Sur★★★★★★★★★★#14 · hits 72% · avg +43.3% | J.P. Morgan | $405 | Buy | +26.8% | Reiterated | 28.07.26on TipRanks Jul 29 02:09 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Nay Soe Naing★★★★★★★★★★#3907 · hits 53% · avg +5.2% | Berenberg Bank | $440 | Buy | +37.7% | Reiterated | 28.07.26on TipRanks Jul 29 01:34 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Edward Yang★★★★★★★★★★#285 · hits 71% · avg +54.1% | Oppenheimer | $275 → $300+9.1% | Hold | −6.1% | Reiterated | 28.07.26on TipRanks 07:45 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Blair Abernethy★★★★★★★★★★#636 · hits 61% · avg +12.1% | Rosenblatt Securities | $410 → $420+2.4% | Buy | +31.5% | Reiterated | 28.07.26on TipRanks 07:30 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Joseph Quatrochi★★★★★★★★★★#388 · hits 64% · avg +21.8% | Wells Fargo | $425 | Buy | +33.0% | Reiterated | 28.07.26on TipRanks 07:30 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Gary Mobley★★★★★★★★★★#395 · hits 57% · avg +19.3% | Benchmark Co. | $450 | Buy | +40.8% | Reiterated | 28.07.26on TipRanks 07:10 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Joseph Vruwink★★★★★★★★★★#1159 · hits 59% · avg +7.8% | Robert W. Baird | $415 → $420+1.2% | Buy | +31.5% | Reiterated | 28.07.26on TipRanks 06:50 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Clarke Jeffries★★★★★★★★★★#10894 · hits 43% · avg −2.5% | Piper Sandler | $325 → $349+7.4% | Hold | +9.2% | Assigned | 28.07.26on TipRanks 06:45 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Charles Shi★★★★★★★★★★#282 · hits 52% · avg +29.0% | Needham | $400 | Buy | +25.2% | Reiterated | 28.07.26on TipRanks 05:55 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| Jason Celino★★★★★★★★★★#2906 · hits 52% · avg +4.2% | KeyBanc | $425 | Buy | +33.0% | Reiterated | 28.07.26on TipRanks 04:30 | +1.6%next day −1.9% · 5 days −5.3% | ↗ |
| James Schneider★★★★★★★★★★#315 · hits 63% · avg +27.5% | Goldman Sachs | $410 → $470+14.6% | Buy | +47.1% | Reiterated | 27.07.26on TipRanks 09:09 | +3.8%next day +1.6% · 5 days −3.2% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Cadence Design
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $409 at a price of $330 (+24.0%); now: $410 at $320 (+28.3%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 18 | 20 | 24 | 25 | 25 | 7 |
| Hold | 2 | 2 | 2 | 2 | 2 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 26.10.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $2.04 (from $2.02 to $2.08). Last quarter: $2.11.
Sales
Next quarter’s sales estimate — $1.6B (from $1.6B to $1.6B). Last quarter: $1.6B.
Best top-analyst consensus in the sector · Technology
About Cadence Design
- CEO: Anirudh Devgan
- Employees: 13,800
- Building 5, San Jose, CA, 95134, US
- www.cadence.com
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portf
Data from the stock’s TipRanks forecast page, read 7 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗