Cadence Design Systems Stock Forecast
NASDAQ: CDNSTechnologyComputer Software: Prepackaged SoftwareUSD
Market open · Delayed 15 min · as of Oct 8, 3:01 PM ET
CDNS analyst consensus
Consensus (25 analysts)
strong_buy
Avg. price target
$406.24+16.26%
- Strong buy 5
- Buy 18
- Hold 2
- Sell 0
- Strong sell 0
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
What analysts say
According to 25 Wall Street analysts covering Cadence Design Systems (2026-10-08), 23 rate the stock a buy or strong buy, 2 rate it a hold and 0 rate it a sell or strong sell, for a consensus rating of "strong_buy". The average 12-month price target is $406.24, with a high estimate of $470.00 and a low estimate of $300.00. The average target implies upside of 16.3% from the current price of $349.44.
The spread between the highest and lowest targets is 56.7%, a relatively narrow range. Price targets and ratings are the opinions of third-party analysts, not MetaCap. They are frequently revised and have a mixed track record, so treat them as one input among many for CDNS.
Summary generated from market data by MetaCap's automated system. Methodology
Rating distribution
| Rating | Analysts | Share |
|---|---|---|
| Strong buy | 5 | 20% |
| Buy | 18 | 72% |
| Hold | 2 | 8% |
| Sell | 0 | 0% |
| Strong sell | 0 | 0% |
Ratings as of 2026-10-08.
Price target scenarios
| Target | Price | vs. current |
|---|---|---|
| Low target | $300.00 | -14.15% |
| Average target | $406.24 | +16.26% |
| High target | $470.00 | +34.50% |