Cadence Design Systems, Inc. (CDNS) Stock Forecast
CDNS analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.64 / 5 from 25 analysts
- Price target
- $406.24 average of analyst targets
- Upside to target
- +27.1% from the latest close
- Next earnings
- October 26, 2026 EPS estimate $1.60
- 52-week range
- $265.66 – $416.39
CDNS analyst ratings
25 analystsNumber of analysts at each rating.
CDNS price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
CDNS earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.05 | $2.02 | $2.08 | $1.93 | +6.0% | 18 |
| Current fiscal year (2026) | $4.81 | $4.69 | $4.92 | $4.06 | +18.5% | 13 |
| Next fiscal year (2027) | $9.57 | $8.78 | $10.06 | $8.15 | +17.4% | 25 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
CDNS revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.61B | $1.60B | $1.62B | +20.4% | 18 |
| Current fiscal year (2026) | $6.32B | $6.30B | $6.38B | +19.3% | 23 |
| Next fiscal year (2027) | $7.18B | $6.90B | $7.42B | +13.5% | 25 |
CDNS EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
CDNS revenue: reported and forecast
CDNS EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.94 | $2.05 | $2.05 | $2.05 | $2.05 | +5.3% | 16 up · 1 down |
| Current fiscal year (2026) | $4.50 | $4.80 | $4.81 | $4.81 | $4.81 | +7.0% | 1 up · 0 down |
| Next fiscal year (2027) | $9.40 | $9.54 | $9.55 | $9.57 | $9.57 | +1.8% | 1 up · 1 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
CDNS earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; CDNS beat in 11 of 12.
What analysts expect from CDNS
25 analysts cover Cadence; their consensus rating is strong buy (4.64 on a 1–5 scale, where 5 is a strong buy). The average price target is $406.24, 27.1% above the latest close of $319.51. Analysts expect earnings of $4.81 per share for 2026, +18.5% from a year earlier. For 2027 the average estimate is $9.57 per share on revenue of $7.2 billion. Cadence beat the EPS estimate in 11 of the last 12 quarters.
Related: CDNS income statement, CDNS key metrics, CDNS chart. See the CDNS stock overview for the latest quote and news.
CDNS forecast FAQ
What is Cadence's price target?
The average analyst price target for Cadence is $406.24, 27.1% above the latest close of $319.51.
Is Cadence a buy, hold or sell?
Of 25 analysts covering Cadence, 18 rate it a strong buy, 5 a buy, 2 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Cadence's EPS forecast?
Analysts forecast $4.81 per share for 2026 (range $4.69 to $4.92); for 2027 the estimate is $9.57.
What is Cadence's revenue forecast?
The average revenue estimate for 2026 is $6.3 billion, growth of 19.3%; for 2027 it is $7.2 billion.
When does Cadence report earnings?
Cadence is expected to report results for the quarter ending September 30, 2026 on October 26, 2026 after the market closes; the EPS estimate is $1.60.
Does Cadence usually beat earnings estimates?
Cadence reported EPS at or above the analyst estimate in 11 of the last 12 quarters.