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Low
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EV/EBITDA(TTM)
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EV/OCF(TTM)
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q2
FY2025Q3
FY2025Q4
1.25B
+18.27%
1.565
+22.28%
1.31B
+7.64%
1.706
+4.04%
1.38B
+1.95%
1.878
-0.09%
Estimates Revision
The market is revising Downward the revenue expectations for Cadence Design Systems, Inc. (CDNS) for FY2025, with the revenue forecasts being adjusted by -0.03% over the past three months. During the same period, the stock price has changed by 10.57%.
Revenue Estimates for FY2025
Revise Downward
-0.03%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
-0.11%
In Past 3 Month
Stock Price
Go Up
+10.57%
In Past 3 Month
15 Analyst Rating
0Wall Street analysts forecast CDNS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CDNS is 325.73 USD with a low forecast of 200.00 USD and a high forecast of 365.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Buy
1 Hold
1 Sell
Strong Buy
0Current: 295.400
Low
200.00
Averages
325.73
High
365.00
0Current: 295.400
Low
200.00
Averages
325.73
High
365.00
KeyBanc
Overweight
downgrade
$375 -> $340
2025-06-03
Reason
KeyBanc
Price Target
$375 -> $340
2025-06-03
downgrade
Overweight
Reason
KeyBanc lowered the firm's price target on Cadence Design to $340 from $375 and keeps an Overweight rating on the shares amid the most recent China-related export restrictions. While the situation remains fluid, and the firm has received limited information, KeyBanc is maintaining its existing estimates until further clarification is provided. That said, its downside bear-case analysis yields a potential EPS impact of -95c in 2025 and -$1.74 in 2026 for Cadence. While the firm remains a "believer" that the EDAs have many multifaceted and durable drivers to continue supporting low double digits industry growth, KeyBanc does acknowledge imminent China-related downside risk.
Wells Fargo
Overweight
maintain
$350 -> $365
2025-05-16
Reason
Wells Fargo
Price Target
$350 -> $365
2025-05-16
maintain
Overweight
Reason
Wells Fargo raised the firm's price target on Cadence Design (CDNS) to $365 from $350 and keeps an Overweight rating on the shares. The firm says that its meetings with management reiterated Cadence's strong positioning to benefit from AI in multiple ways across AI infrastructure and physical system design/development, while Wells remains positive on expanding EDA spend opportunities at Intel (INTC) over time.
KeyBanc
Anirudh Devgan
Overweight
maintain
$355 -> $375
2025-05-15
Reason
KeyBanc
Anirudh Devgan
Price Target
$355 -> $375
2025-05-15
maintain
Overweight
Reason
KeyBanc raised the firm's price target on Cadence Design to $375 from $355 to reflect higher conviction, while keeping an Overweight rating on the shares after hosting investor meetings with CEO Anirudh Devgan and IR Richard Gu this week. The firm says that to no surprise, the main topics of discussion revolved around China, opportunities at Intel, the new Millennium M2000, and IP and hardware demand. However, one area that KeyBanc believes up ticked is around Physical AI, which could grow to a vastly large market for semiconductors, as hyperscalers, autos, and A&D companies increasingly build their own silicon for these new use cases.
Mizuho
Siti Panigrahi
Buy
Maintains
$350 → $300
2025-04-15
Reason
Mizuho
Siti Panigrahi
Price Target
$350 → $300
2025-04-15
Maintains
Buy
Reason
Oppenheimer
Edward Yang
Sell
Maintains
$225 → $200
2025-03-19
Reason
Oppenheimer
Edward Yang
Price Target
$225 → $200
2025-03-19
Maintains
Sell
Reason
Oppenheimer lowered the firm's price target on Cadence Design to $200 from $225 and keeps an Underperform rating on the shares. The firm notes Cadence has declined sharply since issuing disappointing 2025 guidance, but has rebounded 10% off lows. With the stock near its cautious price target, Oppenheimer reassessed its thesis and reaffirms that the challenges extend beyond a cyclical slowdown. Growth deceleration, AI-driven disruption, and valuation compression remain intact. While a further technical bounce is possible, moribund growth and onerous 60-turns 2025 price to earnings make sustained outperformance unlikely, the firm adds.
Baird
Joe Vruwink
Buy
Maintains
$340 → $335
2025-02-20
Reason
Baird
Joe Vruwink
Price Target
$340 → $335
2025-02-20
Maintains
Buy
Reason
Baird lowered the firm's price target on Cadence Design to $335 from $340 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results where a big backlog continues as well as expectations for upside to its 2025 outlook.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Cadence Design Systems Inc (CDNS.O) is 44.46, compared to its 5-year average forward P/E of 42.59. For a more detailed relative valuation and DCF analysis to assess Cadence Design Systems Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
Fair
5Y Average PE
42.59
Current PE
44.46
Overvalued PE
47.64
Undervalued PE
37.55
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
Fair
5Y Average EV/EBITDA
31.77
Current EV/EBITDA
32.83
Overvalued EV/EBITDA
35.67
Undervalued EV/EBITDA
27.87
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
Fair
5Y Average PS
13.82
Current PS
15.56
Overvalued PS
15.87
Undervalued PS
11.77
Financials
Annual
Quarterly
N/A
Total Revenue
N/A
Operating Profit
N/A
Net Income after Tax
N/A
EPS - Diluted
N/A
Free Cash Flow
N/A
Gross Profit Margin - %
N/A
FCF Margin - %
N/A
Net Margin - %
N/A
ROIC
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
Bought
Hedge Fund
Hedge Funds areBuying! The buying amount has increased 225.08% over the last quarter.
Sold
Bought
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
Bought
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
Bought
CDNS News & Events
Events Timeline
(ET)
2025-05-29
16:19:42
Cadence Design says engaging with BIS for clarification on EDA export license
2025-05-28 (ET)
2025-05-28
15:30:55
Electronic Design Automation stocks lower after FT report on U.S. curbs
2025-05-28
15:28:57
Cadence, Synopsys told by U.S. to stop supplying technology to China, FT reports
Sign Up For More Events
Sign Up For More Events
News
Preview
3.5
06-19TipRanksApple Explores Generative AI to Accelerate Chip Design
Preview
3.5
06-19BenzingaApple Hardware Executive Says iPhone Maker Plans To Use AI For Speeding Up Custom Chip Design: 'High Potential In Getting More Design Work In Less Time'
Preview
5.0
06-19ReutersIntel appoints engineering hires as part of CEO Tan's turnaround strategy
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