Cadence Design Systems, Inc. CDNS
323.75 USD -5.76 (-1.75%)
At closeNov 3, 2026, 4:00 PM EST
322.70 -1.05 -0.32%
After hours · Nov 3, 4:00 PM ET
310.00 Day range 325.99
262.75 52-week range 416.69
- YTD
- +3.57%
- 1 year
- -3.48%
Analyst view
Consensus: strong buy
Strong buy
Price target (mean) 411.76 +27.2% upside
Now 323.75
- Target (low)
- 300.00
- Target (mean)
- 411.76
- Target (high)
- 470.00
Ratings (0m) 24 22 buy · 2 hold · 0 sell
- Strong buy4
- Buy18
- Hold2
- Sell0
- Strong sell0
Recommendation trend
- This month 24
- 1 month ago 25
- 2 months ago 25
Earnings and revenue estimates
Consensus for the coming quarters and fiscal years
| Period | EPS estimate | Low – high | Year ago | EPS growth | Revenue estimate | Revenue growth | Analysts |
|---|---|---|---|---|---|---|---|
| Current quarter | 2.23 | 2.22 – 2.28 | 1.99 | +12.0% | 1.72B | +19.1% | 17 |
| Next quarter | 2.25 | 2.04 – 2.37 | 1.96 | +14.9% | 1.72B | +16.5% | 15 |
| Current year | 4.85 | 4.45 – 4.94 | 4.06 | +19.4% | 6.41B | +21.0% | 12 |
| Next year | 9.85 | 8.94 – 10.42 | 8.42 | +16.9% | 7.33B | +14.4% | 25 |
Upgrades and downgrades
The latest rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 27, 2026 | Rosenblatt | Maintained | Buy | Buy |
| Oct 27, 2026 | JP Morgan | Maintained | Overweight | Overweight |
| Oct 27, 2026 | Baird | Maintained | Outperform | Outperform |
| Oct 27, 2026 | Needham | Maintained | Buy | Buy |
| Oct 23, 2026 | Rosenblatt | Maintained | Buy | Buy |
| Jul 28, 2026 | B of A Securities | Maintained | Buy | Buy |
| Jul 28, 2026 | Rosenblatt | Maintained | Buy | Buy |
| Jul 28, 2026 | Citigroup | Maintained | Buy | Buy |
| Jul 28, 2026 | Baird | Maintained | Outperform | Outperform |
| Jul 28, 2026 | Needham | Reiterated | Buy | Buy |
| Jul 28, 2026 | Piper Sandler | Maintained | Neutral | Neutral |
| Jul 16, 2026 | Benchmark | Initiated | — | Buy |
| Jul 14, 2026 | Rosenblatt | Maintained | Buy | Buy |
| Jun 9, 2026 | Stifel | Maintained | Buy | Buy |
| May 26, 2026 | Wells Fargo | Maintained | Overweight | Overweight |
| Apr 29, 2026 | Citigroup | Maintained | Buy | Buy |
| Apr 28, 2026 | Wells Fargo | Maintained | Overweight | Overweight |
| Apr 28, 2026 | Keybanc | Maintained | Overweight | Overweight |
| Apr 28, 2026 | Rosenblatt | Maintained | Buy | Buy |
| Apr 28, 2026 | Baird | Maintained | Outperform | Outperform |
| Apr 28, 2026 | Needham | Reiterated | Buy | Buy |
| Apr 28, 2026 | Piper Sandler | Maintained | Neutral | Neutral |
| Apr 24, 2026 | Rosenblatt | Maintained | Buy | Buy |
| Apr 20, 2026 | Needham | Maintained | Buy | Buy |
| Feb 26, 2026 | Rosenblatt | Maintained | Buy | Buy |
| Feb 18, 2026 | Wells Fargo | Maintained | Overweight | Overweight |
| Feb 18, 2026 | Rosenblatt | Upgrade | Neutral | Buy |
| Feb 18, 2026 | Piper Sandler | Maintained | Neutral | Neutral |
| Feb 18, 2026 | Morgan Stanley | Maintained | Overweight | Overweight |
| Feb 18, 2026 | Needham | Reiterated | Buy | Buy |
