# Cadence Design (CDNS) — Analyst Forecast

CDNS · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/cdns/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 25 | 3 | 0 | 28 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $349.00 | $411.29 | $450.00 | 7 |

Last price $324.38 (as of Oct 15, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Jul 28, 2026 | Piper Sandler | Maintained | Neutral | $349.00 |
| Jul 28, 2026 | Needham | Maintained | Buy | $400.00 |
| Jul 28, 2026 | Citigroup | Maintained | Buy | $420.00 |
| Jul 28, 2026 | Rosenblatt | Maintained | Buy | $420.00 |
| Jul 28, 2026 | Baird | Maintained | Outperform | $420.00 |
| Jul 28, 2026 | B of A Securities | Maintained | Buy | $420.00 |
| Jul 16, 2026 | Benchmark | Initiated Coverage | Buy | $450.00 |
| Jul 14, 2026 | Rosenblatt | Maintained | Buy | $410.00 |
| Jun 9, 2026 | Stifel | Maintained | Buy | $432.00 |
| May 26, 2026 | Wells Fargo | Maintained | Overweight | $425.00 |
| Apr 29, 2026 | Citigroup | Maintained | Buy | $400.00 |
| Apr 28, 2026 | Piper Sandler | Maintained | Neutral | $325.00 |
| Apr 28, 2026 | Needham | Maintained | Buy | $400.00 |
| Apr 28, 2026 | Rosenblatt | Maintained | Buy | $375.00 |
| Apr 28, 2026 | Keybanc | Maintained | Overweight | $425.00 |
| Apr 28, 2026 | Baird | Maintained | Outperform | $385.00 |
| Apr 28, 2026 | Wells Fargo | Maintained | Overweight | $400.00 |
| Apr 24, 2026 | Rosenblatt | Maintained | Buy | $360.00 |
| Apr 20, 2026 | Needham | Maintained | Buy | $400.00 |
| Feb 26, 2026 | Rosenblatt | Maintained | Buy | $360.00 |

## Frequently Asked Questions

### What is the price target for CDNS stock?

The average 12-month analyst price target for Cadence Design (CDNS) is $411.29, with a high estimate of $450.00 and a low of $349.00, across 7 analysts.

### Is CDNS a buy, sell, or hold?

Analysts covering Cadence Design currently average a Buy rating: 25 buy, 3 hold and 0 sell, from 28 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for CDNS?

The average price target of $411.29 implies 26.79% upside from the last price of $324.38.

### What is the latest analyst rating on CDNS?

On Jul 28, 2026, Piper Sandler maintained Cadence Design at Neutral with a price target of $349.00.

## Similar Stocks

- [ANET](https://www.lighthorse.io/tickers/anet) — Arista Networks, Inc. Common Stock
- [WTS](https://www.lighthorse.io/tickers/wts) — Watts Water Technologies, Inc. Class A Common Stock
- [META](https://www.lighthorse.io/tickers/meta) — Meta Platforms, Inc. - Class A Common Stock
- [WWD](https://www.lighthorse.io/tickers/wwd) — Woodward, Inc. - Common Stock
- [SNPS](https://www.lighthorse.io/tickers/snps) — Synopsys, Inc. - Common Stock
- [NVDA](https://www.lighthorse.io/tickers/nvda) — NVIDIA Corporation - Common Stock

---

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
