CDNS Stock Cadence Design Systems, Inc.
STRONG BUY US · NasdaqGSAI-assisted electronic-design tools benefit from rising chip complexity and resilient recurring revenue.
Future value: $400.00 (+24.16%) · 6-12 months
Signal breakdown
- ▸AI design-tool adoption and strong semiconductor investment cycle.
- ▸Above 50-day MA (+1.06%)
- ▸Volume 1.83× average — accumulation
- ▸~24% upside to price target
Is CDNS a buy right now?
Trend: CDNS is trading above the 50-day average (+1.06%), RSI 52 — neutral momentum, with a 3-month return of -6.54%.
Valuation & quality: Cadence Design Systems, Inc. trades on a trailing P/E of 64.0, forward P/E 33.7, PEG 2.42, price-to-book 12.94; fundamentals show net margin 23.6%, return on equity 23.2%, revenue growth 24.2% year on year.
Analyst consensus: 26 analysts have a mean 12-month price target of $406.24 (+26.1% vs the last close; range $300.00 – $470.00), consensus rating “strong buy”.
Our screen: STRONG BUY (score 5) — AI-assisted electronic-design tools benefit from rising chip complexity and resilient recurring revenue.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -7.80% | +18.60% | +13.80% | +0.10% | -9.40% | -0.40% | -2.50% | -2.40% |
Fundamentals
Analyst price target
Technical signals
About Cadence Design Systems, Inc.
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.
Sector: Technology · Industry: Software - Application · United States · 15,445 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.