CDNS Stock Forecast & Price Target
CDNS Stock
Price Forecast
The average stock forecast for
Cadence Design Systems Inc (CDNS) in the next 12 months is 411.69 USD. This price target corresponds to an upside
of
21.52%. The range of stock forecasts for CDNS is 303.00 - 493.50 USD.
Based on the ratings of 32 analysts, the consensus recommendation for CDNS is
BUY.
| Target |
Low |
Average |
Median |
High |
| Price (USD) |
303.00 |
411.69 |
413.10 |
493.50 |
| Upside |
-10.56% |
21.52% |
21.94% |
45.67% |
Recommendation Trends
The latest consensus rating for CDNS is "BUY". This is the average
recommendation of 32 analysts: 0 strong sell,
0 sell, 3 hold, 20 buy, 9 strong buy. In the previous period, 31 analysts also majorly recommmended
"BUY" for CDNS.
CDNS Financial Stock
Forecast
Revenue This Year
from 5.30B
Revenue Next Year
from 6.44B