Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping…
An institutional-grade, numbers-driven thesis on CDNS — generated on demand from live fundamentals, scores and forecast.
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As of August 8, 2026, TradersQuant's model rates Cadence Design Systems, Inc. (CDNS) 59/100 with a 12-month base-case forecast of $404.56 — +19.3% versus the current price of $339.24. Cadence Design Systems, Inc. trades at $339.24 in the Technology sector, with a market capitalisation of $93.42B. The score blends valuation, growth, earnings quality and momentum into a single grade.
The 12-month analyst consensus price target for CDNS is $404.56, implying +19.3% versus the current price. The model's 12-month scenario range runs from $333.26 (bear) to $472.51 (bull), with a base case of $387.25.
On the fundamentals, Cadence Design Systems shows a P/E of 67.0, trailing revenue of $5.30B, revenue growth of +14.1% YoY. This page also tracks CDNS's short interest, institutional (smart-money) positioning and the options market — the same cross-signal view institutions watch.
CDNS currently carries a TradersQuant composite score of 59/100, which we read as a neutral-to-watch signal. The Wall-Street analyst consensus is "Buy". Our 12-month price target of $404.56 implies +19.3% from $339.24. This is research, not financial advice — always combine it with your own judgement.
The analyst consensus price target for CDNS is $404.56, about +19.3% versus the latest price of $339.24. Consensus is based on 31 analysts.
TradersQuant's 12-month model forecast for CDNS is a base case of $387.25, ranging from $333.26 (bear) to $472.51 (bull), an expected return of +14.2%. Forecasts are model estimates, not guarantees.
The TradersQuant price prediction for CDNS over the next 12 months is $387.25 in the base case (bear $333.26, bull $472.51), versus today's price of $339.24. Unlike black-box prediction sites, every TradersQuant call is logged at the price and date it was made and graded publicly against the S&P 500.
We deliberately don't publish 2030 price predictions for CDNS — no model can honestly forecast a single stock five-plus years out, and sites that do are guessing. TradersQuant focuses on a rigorous 12-month bull/base/bear range, refreshed continuously and graded on our public track record.
TradersQuant estimates CDNS's fair value at $404.56, implying +19.3% of expected upside versus the current price.
Cadence Design Systems does not currently pay a dividend.
Data and model outputs are for research only and are not financial advice. Figures update continuously.
