Cadence Design Systems (CDNS) Stock Forecast for 2024, 2025, 2026. Sell or Buy Prediction







Buy or Sell MSFT stocks? (MSFT) forecasting

Microsoft: Back To Basics

October 8, 2024
Your Path to Profits: The Best Trading Platforms for New Traders

October 3, 2024 Your Path to Profits: The Best Trading Platforms for New Traders

Welcome to trading! If you’re a newb looking to get to financial freedom, choosing the right trading platform is step one. With so…
Mastering Trading Indicators: Your Essential Toolkit For Success

October 3, 2024 Mastering Trading Indicators: Your Essential Toolkit For Success

Often investors struggle to identify profitable trades consistently. Trading indicators provide essential data to guide trading decisions. This article explains key indicators and…
Maximizing Profits: When is the Right Time to Sell Your Business?

April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?

Selling a business can be a momentous decision filled with many considerations and uncertainties. As an entrepreneur, this also symbolizes your years of…
Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…

Cadence Design Systems (CDNS) Stock Forecast for 2024, 2025, 2026. Sell or Buy?

Updated: October 10, 2024 (14:12)

Sector: Technology

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

Latest session on the 9th of October for
Cadence Design Systems, Inc. is positive
Trading Volume: 1438091
Open: 270.59 /  High: 280.205 /  Low: 268.61
What analysts predict: $316.54
52-week High/Low: $328.99 / $228.66
50-Day Moving Average: $267.18 — support level today
200-Day Moving Average: $288.17 — resistance 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., %
Oct 12 282.22 279.01 285.84 2.45
Oct 13 282.45 280.02 284.99 1.78
Oct 14 278.38 274.26 281.33 2.58
Oct 15 272.87 271.18 275.82 1.71
Oct 16 273.63 269.36 275.33 2.21
Oct 17 271.88 270.31 276.23 2.19
Oct 18 270.09 268.95 272.30 1.25
Oct 19 270.95 268.68 275.18 2.42
Oct 20 271.55 269.81 275.68 2.17
Oct 21 269.10 265.18 272.82 2.88
Oct 22 271.20 268.27 273.64 2.00
Oct 23 270.72 268.60 273.80 1.94
Oct 24 268.71 264.79 272.53 2.92
Oct 25 266.08 263.05 267.89 1.84
Oct 26 268.58 265.20 270.78 2.11
Oct 27 270.89 266.66 272.62 2.23
Oct 28 269.70 267.38 271.59 1.57
Oct 29 269.75 266.46 271.96 2.07
Oct 30 271.75 268.00 274.85 2.56
Oct 31 269.46 267.36 273.72 2.38
Nov 01 268.93 265.27 272.26 2.64
Nov 02 267.15 263.62 270.14 2.47
Nov 03 265.71 262.63 269.80 2.73
Nov 04 264.01 262.90 267.86 1.89
Nov 05 268.87 266.18 271.23 1.90
Nov 06 267.63 265.01 270.47 2.06
Nov 07 267.04 265.01 268.70 1.39
Nov 08 264.58 260.93 268.08 2.74
Nov 09 267.12 264.99 268.30 1.25
Nov 10 261.89 257.80 264.56 2.62

Cadence Design Systems Daily Price Targets


Cadence Design Systems Stock Forecast 10-12-2024.

Forecast target price for 10-12-2024: $282.22.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.389%.
Pessimistic target level: 279.01
Optimistic target level: 285.84

Cadence Design Systems Stock Forecast 10-13-2024.

Forecast target price for 10-13-2024: $282.45.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 1.744%.
Pessimistic target level: 280.02
Optimistic target level: 284.99

Cadence Design Systems Stock Forecast 10-14-2024.

Forecast target price for 10-14-2024: $278.38.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.513%.
Pessimistic target level: 274.26
Optimistic target level: 281.33

Cadence Design Systems Stock Forecast 10-15-2024.

Forecast target price for 10-15-2024: $272.87.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 1.682%.
Pessimistic target level: 271.18
Optimistic target level: 275.82

Cadence Design Systems Stock Forecast 10-16-2024.

Forecast target price for 10-16-2024: $273.63.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.166%.
Pessimistic target level: 269.36
Optimistic target level: 275.33

Cadence Design Systems Stock Forecast 10-17-2024.

Forecast target price for 10-17-2024: $271.88.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.146%.
Pessimistic target level: 270.31
Optimistic target level: 276.23

CDNS (CDNS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Nov. 266.91 258.10 273.47 5.62
Dec. 264.35 253.24 275.29 8.01

Cadence Design Systems forecast for this year


Cadence Design Systems Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $266.908. Pessimistic: $258.10. Optimistic: $273.47


Cadence Design Systems Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $264.346. Pessimistic: $253.24. Optimistic: $275.29



Cadence Design Systems (CDNS) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 271.33 265.14 277.02 4.29
Feb 261.88 249.78 268.95 7.13
Mar 263.30 259.03 271.99 4.76
Apr 257.45 253.90 263.01 3.46
May 253.59 242.79 260.74 6.89
Jun 255.72 245.59 267.38 8.15
Jul 252.96 246.13 258.27 4.70
Aug 254.48 250.51 259.21 3.36
Sep 241.35 237.15 245.54 3.42
Oct 233.53 229.18 243.75 5.98
Nov 235.91 228.26 239.16 4.56
Dec 242.14 230.95 247.08 6.53

Cadence Design Systems (CDNS) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 236.18 225.83 245.11 7.86
Feb 233.35 226.76 239.65 5.38
Mar 236.99 231.87 244.24 5.06
Apr 250.64 246.73 259.81 5.04
May 261.76 254.54 274.01 7.11
Jun 255.95 247.05 261.79 5.63
Jul 240.90 237.72 245.38 3.12
Aug 236.28 226.92 240.39 5.60
Sep 241.81 235.28 247.17 4.81
Oct 246.30 235.07 251.33 6.47
Nov 254.28 243.91 259.17 5.89
Dec 269.24 264.07 279.74 5.60

Cadence Design Systems information and performance

Cadence Design Systems Address

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

Market Capitalization: 73 972 474 000 $

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: 1 364 988 000 $

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

PE Ratio: 69.99

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

PEG Ratio: 2.644

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: 3.86

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

Quarterly Earnings Growth YOY: 0.037
Quarterly Revenue Growth YOY: 0.086
Trailing PE: 69.99

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: 38.02

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

EV To Revenue: 17.36

Enterprise Value (EV) /Revenue

EV To EBITDA: 48.41

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

Shares Outstanding: 273820000

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


Related stocks from Technology sector


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.