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Ranked #3393 by analyst upside · 2026-06-27
CDNS
Cadence Design Systems, Inc.
Technology · Market Cap $104B · P/E 85.5x
ANALYST PRICE TARGET
+3.1%
implied upside to consensus target
Current Price $377.27
Consensus Target $388.78
Bull Target $450.0
Bear Target $275.0
Analysts Covering 25
ANALYST CONSENSUS — BUY
Strong Buy
5
Buy
17
Hold
3
Sell
0
52-Week Low $262.75
52-Week High $416.69
YTD Return +21.5%
FUNDAMENTALS
Market Cap $104B
P/E Ratio (TTM) 85.5x
Forward P/E 40.1x
EPS (TTM) $4.41
PEG Ratio 3.54
Dividend Yield N/A
Revenue (TTM) $5.5B
Profit Margin 21.2%
52-WEEK RANGE
52-Week Low $262.75
52-Week High $416.69
Current Price $377.27
Bear Target $275.0
Bull Target $450.0
● Now $377.27 ● Target $388.78
TRADING DATA
Avg Volume 2.4M
YTD Return +21.5%
Analyst Count 25
Consensus Buy
Upside to Target +3.1%
Last Updated 2026-06-27

ANALYST SUMMARY

Cadence Design Systems, Inc. (CDNS) is currently trading at $377.27 with a Wall Street consensus price target of $388.78, implying potential upside of 3.1% over the next 12 months. 25 analysts currently cover CDNS, with a consensus rating of Buy — 88% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $450.0, while the most cautious has a target of $275.0.

CDNS operates in the Technology sector with a market capitalisation of $104B. The stock is up 21.5% year-to-date and is currently trading near the upper end of its 52-week range of $262.75 – $416.69.

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RECENT ANALYST CALLS

Upgrade/downgrade history for CDNS, with each firm's 90-day track record across all stocks we track. See full firm rankings →

Stifel — Reiterated
Buy → Buy 2026-06-09 Building track record
Wells Fargo — Reiterated
Overweight → Overweight 2026-05-26 Building track record
Citigroup — Reiterated
Buy → Buy 2026-04-29 Building track record
Wells Fargo — Reiterated
Overweight → Overweight 2026-04-28 Building track record
Keybanc — Reiterated
Overweight → Overweight 2026-04-28 Building track record
Rosenblatt — Reiterated
Buy → Buy 2026-04-28 Building track record
Baird — Reiterated
Outperform → Outperform 2026-04-28 Building track record
Needham reit
Buy → Buy 2026-04-28 20% win rate (5 calls)
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
out of 100
Coverage depth
0/30
Consensus clarity
0/30
Vote unanimity
0/25
Rating stability
0/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call — not that the stock will go up.

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