Cadence Design Systems (CDNS, Financial), a key player in the electronic design automation industry, continues to gain positive attention from analysts. On July 14, 2025, Loop Capital's analyst Gary Mobley maintained his 'Buy' rating for the company, highlighting sustained confidence in its market performance.
Additionally, Loop Capital raised the price target for Cadence Design Systems (CDNS, Financial) from the previous $340.00 to a new target of $370.00. This adjustment reflects a significant increase of 8.82%, indicating an optimistic outlook for the company's financial growth and stock potential.
This rating reiteration and price target adjustment underscore the anticipated strong performance of Cadence Design Systems (CDNS, Financial) in the coming periods, aligning with the strategic advancements and market opportunities pursued by the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Cadence Design Systems Inc (CDNS, Financial) is $325.65 with a high estimate of $380.00 and a low estimate of $200.00. The average target implies an upside of 2.76% from the current price of $316.91. More detailed estimate data can be found on the Cadence Design Systems Inc (CDNS) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Cadence Design Systems Inc's (CDNS, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cadence Design Systems Inc (CDNS, Financial) in one year is $345.67, suggesting a upside of 9.08% from the current price of $316.905. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cadence Design Systems Inc (CDNS) Summary page.
