Cadence Design Systems (CDNS) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Cadence Design Systems (CDNS) Stock Forecast for 2024–2028. Sell or Buy?

Updated: June 23, 2024 (08:08)

Sector: Technology

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

Latest session on the 21st of June for
Cadence Design Systems, Inc. is negative
Trading Volume: 2713394
Open: 319.43 /  High: 319.53 /  Low: 313.72
What analysts predict: $329.9
52-week High/Low: $328.99 / $217.77

50/200 Day Moving Average: $292.46 / $277.8

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., %
Jun 25 312.56 310.62 317.37 2.17
Jun 26 314.93 311.22 317.01 1.86
Jun 27 317.89 313.89 319.87 1.90
Jun 28 318.91 314.19 321.40 2.29
Jun 29 316.93 313.58 321.63 2.57
Jun 30 320.36 316.06 323.75 2.43
Jul 01 321.96 316.81 326.08 2.93
Jul 02 323.50 320.14 324.80 1.45
Jul 03 329.07 327.36 333.41 1.85
Jul 04 329.27 325.64 333.48 2.41
Jul 05 328.94 327.36 332.16 1.47
Jul 06 328.28 326.24 330.12 1.19
Jul 07 333.14 328.87 337.74 2.69
Jul 08 337.27 335.65 341.65 1.79
Jul 09 340.98 337.98 345.62 2.26
Jul 10 339.41 335.95 342.06 1.82
Jul 11 345.99 341.43 350.35 2.61
Jul 12 349.39 345.68 351.76 1.76
Jul 13 347.43 344.09 350.76 1.94
Jul 14 344.37 342.37 346.16 1.11
Jul 15 342.93 340.11 348.41 2.44
Jul 16 340.39 338.21 343.93 1.69
Jul 17 338.89 336.18 340.52 1.29
Jul 18 344.45 340.31 347.41 2.08
Jul 19 350.03 347.93 355.21 2.09
Jul 20 347.09 345.14 349.86 1.37
Jul 21 343.13 341.14 347.45 1.85
Jul 22 338.94 334.54 342.74 2.45
Jul 23 337.39 332.53 340.89 2.52
Jul 24 337.12 335.43 339.48 1.21

Cadence Design Systems Daily Price Targets


Cadence Design Systems Stock Forecast 06-25-2024.

Forecast target price for 06-25-2024: $312.56.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.127%.
Pessimistic target level: 310.62
Optimistic target level: 317.37

Cadence Design Systems Stock Forecast 06-26-2024.

Forecast target price for 06-26-2024: $314.93.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 1.828%.
Pessimistic target level: 311.22
Optimistic target level: 317.01

Cadence Design Systems Stock Forecast 06-27-2024.

Forecast target price for 06-27-2024: $317.89.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 1.868%.
Pessimistic target level: 313.89
Optimistic target level: 319.87

Cadence Design Systems Stock Forecast 06-28-2024.

Forecast target price for 06-28-2024: $318.91.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.242%.
Pessimistic target level: 314.19
Optimistic target level: 321.40

Cadence Design Systems Stock Forecast 06-29-2024.

Forecast target price for 06-29-2024: $316.93.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.503%.
Pessimistic target level: 313.58
Optimistic target level: 321.63

Cadence Design Systems Stock Forecast 06-30-2024.

Forecast target price for 06-30-2024: $320.36.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.375%.
Pessimistic target level: 316.06
Optimistic target level: 323.75

CDNS (CDNS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jul. 323.17 309.79 335.19 7.58
Aug. 329.57 316.32 337.47 6.27
Sep. 338.27 328.32 354.30 7.33
Oct. 341.51 325.53 357.91 9.05
Nov. 336.19 322.47 342.64 5.89
Dec. 345.87 329.27 351.26 6.26

Cadence Design Systems forecast for this year


Cadence Design Systems Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $323.166. Pessimistic: $309.79. Optimistic: $335.19


Cadence Design Systems Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $329.565. Pessimistic: $316.32. Optimistic: $337.47


Cadence Design Systems Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $338.265. Pessimistic: $328.32. Optimistic: $354.30


Cadence Design Systems Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $341.512. Pessimistic: $325.53. Optimistic: $357.91


Cadence Design Systems Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $336.185. Pessimistic: $322.47. Optimistic: $342.64


Cadence Design Systems Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $345.867. Pessimistic: $329.27. Optimistic: $351.26



Cadence Design Systems (CDNS) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 341.30 325.12 351.54 7.51
Feb 332.70 323.72 341.09 5.09
Mar 331.90 327.92 340.86 3.80
Apr 333.69 319.88 349.31 8.43
May 343.51 337.32 359.58 6.19
Jun 326.19 318.76 335.59 5.02
Jul 331.87 327.09 341.63 4.25
Aug 339.83 330.45 353.09 6.41
Sep 353.70 337.36 361.34 6.64
Oct 374.28 357.67 390.90 8.50
Nov 372.71 356.61 382.78 6.84
Dec 393.06 377.26 399.43 5.55

Cadence Design Systems (CDNS) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 390.70 380.15 399.38 4.81
Feb 377.11 367.83 394.08 6.66
Mar 387.74 381.69 401.00 4.82
Apr 377.97 360.74 390.44 7.61
May 370.94 355.14 380.07 6.56
Jun 392.75 387.80 408.30 5.02
Jul 408.07 391.17 421.05 7.09
Aug 403.17 385.27 409.22 5.85
Sep 398.33 382.56 414.35 7.67
Oct 388.77 375.48 396.47 5.30
Nov 388.31 375.49 401.82 6.55
Dec 395.76 385.08 413.57 6.89

Cadence Design Systems (CDNS) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 372.49 356.40 378.30 5.79
Feb 367.80 353.90 384.57 7.98
Mar 379.94 372.87 391.11 4.66
Apr 373.10 363.25 378.25 3.97
May 377.13 366.49 392.74 6.68
Jun 391.38 374.00 400.07 6.52
Jul 394.43 385.20 411.47 6.38
Aug 397.75 383.91 403.95 4.96
Sep 397.99 386.76 413.27 6.41
Oct 401.09 382.08 411.68 7.19
Nov 380.64 373.78 391.60 4.55
Dec 378.35 365.87 387.20 5.51

Cadence Design Systems (CDNS) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 389.02 381.55 406.06 6.04
Feb 382.72 375.14 396.27 5.33
Mar 404.53 387.54 412.06 5.95
Apr 421.77 410.89 431.13 4.70
May 436.19 422.58 454.77 7.08
Jun 455.82 444.88 472.50 5.85
Jul 462.93 445.99 471.54 5.42
Aug 454.32 440.42 462.23 4.72
Sep 446.14 433.83 464.08 6.52
Oct 457.39 442.57 468.64 5.56
Nov 455.46 444.81 464.76 4.29
Dec 431.96 426.00 445.96 4.47

Cadence Design Systems information and performance

Cadence Design Systems Address

2655 SEELY AVENUE BLDG 5, SAN JOSE, CA, US

Market Capitalization: 86 774 899 000 $

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: 1 358 659 000 $

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

PE Ratio: 82.74

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

PEG Ratio: 2.845

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: None

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

EPS: 3.85

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

Quarterly Earnings Growth YOY: 0.022
Quarterly Revenue Growth YOY: -0.012
Trailing PE: 82.74

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: 51.55

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

EV To Revenue: 20.29

Enterprise Value (EV) /Revenue

EV To EBITDA: 56.7

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

Shares Outstanding: 272423000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

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

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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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.