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Cadence Design Systems (CDNS) Stock Forecast for 2024–2028. Sell or Buy?
Updated: July 27, 2024 (05:30)
Sector: TechnologyThe share price of Cadence Design Systems, Inc. (CDNS) now
50/200 Day Moving Average: $300.82 / $285.75
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 resistance level today.
For Cadence Design Systems stocks, the 200-day moving average is the 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.
Cadence Design Systems daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jul 29 | 264.77 | 262.71 | 268.37 | 2.16 |
| Jul 30 | 266.79 | 264.44 | 271.05 | 2.50 |
| Jul 31 | 262.78 | 259.58 | 264.62 | 1.94 |
| Aug 01 | 257.63 | 256.40 | 260.83 | 1.73 |
| Aug 02 | 256.55 | 254.65 | 258.19 | 1.39 |
| Aug 03 | 254.91 | 251.65 | 258.78 | 2.84 |
| Aug 04 | 255.88 | 252.65 | 256.95 | 1.70 |
| Aug 05 | 254.45 | 251.90 | 257.35 | 2.16 |
| Aug 06 | 255.56 | 253.62 | 258.73 | 2.02 |
| Aug 07 | 254.44 | 250.88 | 256.07 | 2.07 |
| Aug 08 | 251.03 | 249.02 | 254.45 | 2.18 |
| Aug 09 | 251.73 | 249.77 | 253.60 | 1.53 |
| Aug 10 | 250.12 | 246.72 | 252.32 | 2.27 |
| Aug 11 | 252.07 | 249.91 | 255.50 | 2.24 |
| Aug 12 | 255.75 | 253.96 | 258.36 | 1.73 |
| Aug 13 | 255.29 | 252.84 | 259.07 | 2.46 |
| Aug 14 | 256.88 | 254.62 | 259.03 | 1.74 |
| Aug 15 | 255.59 | 252.47 | 259.68 | 2.85 |
| Aug 16 | 251.86 | 248.89 | 253.67 | 1.92 |
| Aug 17 | 249.09 | 245.30 | 250.93 | 2.30 |
| Aug 18 | 249.14 | 246.90 | 252.18 | 2.14 |
| Aug 19 | 250.29 | 246.53 | 253.29 | 2.74 |
| Aug 20 | 255.14 | 252.79 | 257.08 | 1.70 |
| Aug 21 | 260.09 | 257.91 | 263.63 | 2.22 |
| Aug 22 | 259.88 | 258.84 | 262.53 | 1.43 |
| Aug 23 | 259.88 | 257.91 | 263.68 | 2.24 |
| Aug 24 | 254.79 | 250.87 | 257.95 | 2.82 |
| Aug 25 | 257.34 | 255.79 | 261.09 | 2.07 |
| Aug 26 | 253.53 | 252.01 | 255.20 | 1.27 |
| Aug 27 | 250.84 | 249.44 | 252.30 | 1.15 |
Cadence Design Systems Daily Price Targets
Cadence Design Systems Stock Forecast 07-29-2024.
Forecast target price for 07-29-2024: $264.77.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.111%.
Pessimistic target level: 262.71
Optimistic target level: 268.37
Cadence Design Systems Stock Forecast 07-30-2024.
Forecast target price for 07-30-2024: $266.79.
Positive dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.441%.
Pessimistic target level: 264.44
Optimistic target level: 271.05
Cadence Design Systems Stock Forecast 07-31-2024.
Forecast target price for 07-31-2024: $262.78.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 1.906%.
Pessimistic target level: 259.58
Optimistic target level: 264.62
Cadence Design Systems Stock Forecast 08-01-2024.
Forecast target price for 08-01-2024: $257.63.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 1.699%.
Pessimistic target level: 256.40
Optimistic target level: 260.83
Cadence Design Systems Stock Forecast 08-02-2024.
Forecast target price for 08-02-2024: $256.55.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 1.371%.
Pessimistic target level: 254.65
Optimistic target level: 258.19
Cadence Design Systems Stock Forecast 08-03-2024.
Forecast target price for 08-03-2024: $254.91.
Negative dynamics for Cadence Design Systems shares will prevail with possible volatility of 2.758%.
Pessimistic target level: 251.65
Optimistic target level: 258.78
CDNS (CDNS) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Aug. | 278.17 | 269.15 | 287.35 | 6.33 |
| Sep. | 294.52 | 286.75 | 303.53 | 5.53 |
| Oct. | 297.00 | 287.37 | 302.88 | 5.12 |
| Nov. | 289.51 | 285.17 | 297.68 | 4.20 |
| Dec. | 277.18 | 270.19 | 282.17 | 4.24 |
Cadence Design Systems forecast for this year
Cadence Design Systems Stock Prediction for Aug 2024
An uptrend is forecast for this month with an optimal target price of $278.165. Pessimistic: $269.15. Optimistic: $287.35
Cadence Design Systems Stock Prediction for Sep 2024
An uptrend is forecast for this month with an optimal target price of $294.522. Pessimistic: $286.75. Optimistic: $303.53
Cadence Design Systems Stock Prediction for Oct 2024
An uptrend is forecast for this month with an optimal target price of $296.996. Pessimistic: $287.37. Optimistic: $302.88
Cadence Design Systems Stock Prediction for Nov 2024
An downtrend is forecast for this month with an optimal target price of $289.511. Pessimistic: $285.17. Optimistic: $297.68
Cadence Design Systems Stock Prediction for Dec 2024
An downtrend is forecast for this month with an optimal target price of $277.178. Pessimistic: $270.19. Optimistic: $282.17
Cadence Design Systems (CDNS) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 272.85 | 264.67 | 281.20 | 5.88 |
| Feb | 270.07 | 257.76 | 278.82 | 7.56 |
| Mar | 270.56 | 257.90 | 281.11 | 8.26 |
| Apr | 268.45 | 264.90 | 279.56 | 5.24 |
| May | 268.61 | 258.78 | 277.63 | 6.79 |
| Jun | 258.94 | 250.08 | 265.15 | 5.68 |
| Jul | 257.07 | 250.60 | 267.72 | 6.40 |
| Aug | 253.22 | 246.99 | 259.30 | 4.75 |
| Sep | 261.12 | 252.34 | 268.95 | 6.17 |
| Oct | 266.45 | 256.05 | 274.76 | 6.81 |
| Nov | 271.08 | 266.04 | 276.77 | 3.88 |
| Dec | 264.09 | 260.92 | 274.86 | 5.07 |
Cadence Design Systems (CDNS) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 260.44 | 251.22 | 270.91 | 7.27 |
| Feb | 265.91 | 254.42 | 271.98 | 6.45 |
| Mar | 264.96 | 258.44 | 275.13 | 6.07 |
| Apr | 271.47 | 266.10 | 283.53 | 6.15 |
| May | 266.59 | 260.35 | 276.82 | 5.95 |
| Jun | 264.35 | 251.82 | 277.04 | 9.10 |
| Jul | 262.76 | 250.94 | 271.27 | 7.50 |
| Aug | 255.04 | 245.70 | 266.82 | 7.91 |
| Sep | 255.34 | 244.62 | 261.47 | 6.45 |
| Oct | 266.99 | 257.05 | 273.07 | 5.87 |
| Nov | 265.06 | 257.59 | 272.86 | 5.60 |
| Dec | 263.15 | 255.26 | 273.42 | 6.64 |
Cadence Design Systems (CDNS) Monthly Stock Prediction for 2027
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 267.26 | 257.48 | 271.43 | 5.14 |
| Feb | 264.53 | 257.23 | 273.74 | 6.03 |
| Mar | 276.91 | 271.76 | 287.55 | 5.49 |
| Apr | 268.61 | 261.52 | 276.66 | 5.48 |
| May | 265.06 | 253.61 | 273.17 | 7.16 |
| Jun | 280.96 | 270.85 | 290.74 | 6.84 |
| Jul | 295.97 | 286.73 | 306.98 | 6.59 |
| Aug | 298.81 | 291.82 | 307.95 | 5.24 |
| Sep | 315.84 | 308.26 | 325.89 | 5.41 |
| Oct | 333.09 | 321.70 | 345.28 | 6.83 |
| Nov | 313.70 | 303.16 | 325.94 | 6.99 |
| Dec | 318.59 | 307.51 | 330.64 | 7.00 |
Cadence Design Systems (CDNS) Monthly Stock Prediction for 2028
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 310.37 | 305.91 | 314.29 | 2.67 |
| Feb | 313.91 | 306.38 | 323.14 | 5.19 |
| Mar | 317.49 | 309.68 | 324.54 | 4.58 |
| Apr | 315.97 | 308.95 | 324.69 | 4.85 |
| May | 318.43 | 308.88 | 328.94 | 6.10 |
| Jun | 332.00 | 321.24 | 337.38 | 4.78 |
| Jul | 328.21 | 315.61 | 339.63 | 7.07 |
| Aug | 331.56 | 324.20 | 344.49 | 5.89 |
| Sep | 349.66 | 334.77 | 362.67 | 7.69 |
| Oct | 341.69 | 325.29 | 350.30 | 7.14 |
| Nov | 339.23 | 323.56 | 349.82 | 7.51 |
| Dec | 331.90 | 321.55 | 340.47 | 5.56 |
Cadence Design Systems information and performance
2655 SEELY AVENUE BLDG 5, SAN JOSE, CA, US
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 of Cadence Design Systems is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
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.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
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 P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
