Cadence Design Systems (CDNS) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Cadence Design Systems (CDNS) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 8, 2023 (09:44)

Sector: Technology

The share price of Cadence Design Systems, Inc. (CDNS) now

Latest session on the 7th of December for
Cadence Design Systems, Inc. is positive
Trading Volume: 1406049
Open: 258.63 /  High: 259.62 /  Low: 256.95
What analysts predict: $148.42
52-week High/Low: $149.08 / $51.39

50/200 Day Moving Average: $137.5412 / $120.6094

This figure corresponds to the Average Price over the previous 50/200 days. For Cadence Design Systems stocks, the 50-day moving average is the support level today.

For Cadence Design Systems stocks, the 200-day moving average is the support level today.

Are you interested in Cadence Design Systems, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Cadence Design Systems stock price in 2024, 2025, 2026, 2027, 2028. How much will one Cadence Design Systems share be worth in 2024 - 2028?

When should I take profit in Cadence Design Systems stock? When should I record a loss on Cadence Design Systems stock? What are analysts' forecasts for Cadence Design Systems stock? What is the future of Cadence Design Systems stock? We forecast Cadence Design Systems stock performance using neural networks based on historical data on Cadence Design Systems stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Cadence Design Systems stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Cadence Design Systems shares. This happens once a day.




Historical and forecast chart of Cadence Design Systems stock

The chart below shows the historical price of Cadence Design Systems stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Cadence Design Systems stock price can be found in the table below.

Long-term forecasts by years.

Cadence Design Systems, Inc. develops software and technologies, is engaged in design and consulting, issues licenses for software used to automate the design of electronic products, provides professional services in this area.

Official site of the company

Cadence Design Systems daily forecast for a month

Date Target Pes. Opt. Vol., %
Dec 10 269.09 267.61 274.47 2.56
Dec 11 270.16 267.26 275.57 3.11
Dec 12 273.07 270.06 278.39 3.08
Dec 13 267.81 262.79 270.15 2.80
Dec 14 271.63 266.47 276.65 3.82
Dec 15 273.87 272.36 275.31 1.08
Dec 16 272.91 271.27 276.94 2.09
Dec 17 270.93 268.22 274.05 2.17
Dec 18 267.00 263.13 268.67 2.11
Dec 19 261.33 257.61 262.90 2.05
Dec 20 258.13 254.32 261.87 2.97
Dec 21 258.52 255.61 262.59 2.73
Dec 22 264.01 262.62 267.64 1.91
Dec 23 261.57 258.23 262.87 1.80
Dec 24 264.05 260.42 267.55 2.74
Dec 25 266.23 264.70 269.76 1.91
Dec 26 263.04 259.22 267.57 3.22
Dec 27 268.89 266.27 270.84 1.72
Dec 28 264.79 259.56 266.77 2.78
Dec 29 268.10 265.62 270.58 1.87
Dec 30 266.02 263.16 267.75 1.74
Dec 31 260.10 255.74 264.20 3.31
Jan 01 257.63 254.86 260.85 2.35
Jan 02 254.99 251.36 257.09 2.28
Jan 03 260.60 258.90 264.57 2.19
Jan 04 258.64 254.83 261.49 2.61
Jan 05 261.55 256.32 265.61 3.62
Jan 06 256.91 255.56 258.45 1.13
Jan 07 254.98 250.59 256.45 2.34
Jan 08 257.34 255.48 261.52 2.37

Cadence Design Systems Daily Price Targets


Cadence Design Systems Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $269.09.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.500%.
Pessimistic target level: 267.61
Optimistic target level: 274.47

Cadence Design Systems Stock Forecast 12-11-2023.

Forecast target price for 12-11-2023: $270.16.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 3.015%.
Pessimistic target level: 267.26
Optimistic target level: 275.57

Cadence Design Systems Stock Forecast 12-12-2023.

Forecast target price for 12-12-2023: $273.07.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.991%.
Pessimistic target level: 270.06
Optimistic target level: 278.39

Cadence Design Systems Stock Forecast 12-13-2023.

Forecast target price for 12-13-2023: $267.81.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.726%.
Pessimistic target level: 262.79
Optimistic target level: 270.15

Cadence Design Systems Stock Forecast 12-14-2023.

Forecast target price for 12-14-2023: $271.63.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 3.682%.
Pessimistic target level: 266.47
Optimistic target level: 276.65

Cadence Design Systems Stock Forecast 12-15-2023.

Forecast target price for 12-15-2023: $273.87.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 1.069%.
Pessimistic target level: 272.36
Optimistic target level: 275.31

CDNS (CDNS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan. 254.90 250.92 263.62 4.82
Feb. 248.47 238.93 253.10 5.60
Mar. 254.44 245.58 263.60 6.83
Apr. 261.15 250.97 272.12 7.77
May. 249.87 245.67 260.37 5.64
Jun. 260.97 255.33 268.17 4.79
Jul. 270.36 267.12 278.96 4.25
Aug. 274.74 262.21 283.15 7.39
Sep. 267.98 262.19 277.63 5.56
Oct. 280.69 270.58 285.40 5.19
Nov. 267.55 257.60 278.95 7.65
Dec. 251.66 248.03 263.28 5.79

Cadence Design Systems forecast for this year


Cadence Design Systems Stock Prediction for Jan 2024

An downtrend is forecast for this month with an optimal target price of $254.897. Pessimistic: $250.92. Optimistic: $263.62


Cadence Design Systems Stock Prediction for Feb 2024

An downtrend is forecast for this month with an optimal target price of $248.474. Pessimistic: $238.93. Optimistic: $253.10


Cadence Design Systems Stock Prediction for Mar 2024

An uptrend is forecast for this month with an optimal target price of $254.437. Pessimistic: $245.58. Optimistic: $263.60


Cadence Design Systems Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $261.154. Pessimistic: $250.97. Optimistic: $272.12


Cadence Design Systems Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $249.872. Pessimistic: $245.67. Optimistic: $260.37


Cadence Design Systems Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $260.967. Pessimistic: $255.33. Optimistic: $268.17


Cadence Design Systems Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $270.361. Pessimistic: $267.12. Optimistic: $278.96


Cadence Design Systems Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $274.741. Pessimistic: $262.21. Optimistic: $283.15


Cadence Design Systems Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $267.983. Pessimistic: $262.19. Optimistic: $277.63


Cadence Design Systems Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $280.685. Pessimistic: $270.58. Optimistic: $285.40


Cadence Design Systems Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $267.549. Pessimistic: $257.60. Optimistic: $278.95


Cadence Design Systems Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $251.657. Pessimistic: $248.03. Optimistic: $263.28



Cadence Design Systems (CDNS) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 246.52 235.73 257.76 8.55
Feb 256.73 247.95 266.90 7.10
Mar 253.49 245.13 262.62 6.66
Apr 248.63 242.21 256.38 5.53
May 245.05 236.81 253.72 6.66
Jun 244.61 240.20 255.32 5.92
Jul 237.56 234.71 242.69 3.29
Aug 230.15 220.21 234.29 6.01
Sep 223.80 215.20 231.45 7.02
Oct 223.80 219.90 229.44 4.16
Nov 212.38 202.44 222.20 8.89
Dec 214.68 208.75 220.60 5.37

Cadence Design Systems (CDNS) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 226.01 216.38 235.10 7.96
Feb 221.27 215.42 231.75 7.05
Mar 220.74 211.86 229.87 7.84
Apr 220.87 214.90 229.22 6.24
May 212.65 208.44 217.50 4.17
Jun 205.51 202.18 208.22 2.90
Jul 199.83 192.52 204.87 6.03
Aug 196.72 191.41 199.43 4.02
Sep 205.69 196.68 214.08 8.13
Oct 213.09 204.91 220.00 6.86
Nov 222.68 213.60 232.30 8.05
Dec 228.83 222.24 239.81 7.33

Cadence Design Systems (CDNS) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 228.42 218.27 234.86 7.06
Feb 221.97 217.58 226.10 3.77
Mar 227.43 220.47 234.12 5.83
Apr 224.30 219.59 229.14 4.17
May 211.11 205.41 217.69 5.64
Jun 214.02 209.91 217.23 3.37
Jul 212.09 208.79 221.26 5.64
Aug 215.66 208.54 223.94 6.88
Sep 224.72 221.61 228.63 3.07
Oct 233.61 226.04 239.78 5.73
Nov 237.12 228.72 246.22 7.11
Dec 239.54 232.64 250.89 7.28

Cadence Design Systems (CDNS) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 253.91 241.72 262.90 8.05
Feb 268.84 264.00 278.84 5.32
Mar 277.87 274.20 290.88 5.73
Apr 266.87 255.18 273.59 6.73
May 272.95 269.68 277.37 2.77
Jun 278.85 275.17 284.20 3.18
Jul 264.13 256.04 272.84 6.16
Aug 268.25 262.93 272.43 3.49
Sep 262.61 250.79 270.49 7.28
Oct 272.70 264.19 276.95 4.61
Nov 273.35 265.97 282.54 5.86
Dec 285.32 277.28 295.08 6.03

Cadence Design Systems information and performance

Cadence Design Systems Address

Building 5, San Jose, CA, United States, 95134

Market Capitalization: 38 001 840 128 $

Market capitalization of the Cadence Design Systems, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CDNS shares in the company outstanding by the market price of one share.

EBITDA: 718 659 968 $

EBITDA of Cadence Design Systems is earnings before interest, income tax and depreciation of assets.

PE Ratio: 35.3176

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 4.8955

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.857

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.738
Quarterly Revenue Growth YOY: 0.267
Trailing PE: 35.3176

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 46.9484

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 14.4966

Enterprise Value (EV) /Revenue

EV To EBITDA: 48.3961

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 278974016

Number of issued ordinary shares

Shares Float: 274886500

Number of freely tradable shares

Shares Short Prior Month: 2864030

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: 1.87
Percent Insiders: 1.316
Percent Institutions: 88.717



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.