Cadence Design Systems Inc (CDNS) Stock Forecast
US · Technology
Current price
$368.23
Market cap
$101.56B
Mean price target
$388.78
Implied upside
5.6%
Key takeaways
- Analysts rate Cadence Design Systems Inc a “Strong Buy”, with a mean price target of $388.78 — about 5.6% upside from the current $368.23, based on 25 analysts.
- CDNS is trading in the middle of its 52-week range, at 69% of the $262.75–$416.69 band.
- On valuation, CDNS trades at a premium P/E of 316.3 and an EV/EBITDA of 200.3.
- Profitability looks weak: return on equity is 5.1%, with a free-cash-flow margin of 20.8%.
- Its balance sheet looks adequate, with a current ratio of 1.47. Net debt/EBITDA stands at 3.1x.
Analyst consensus
| Consensus rating | Strong Buy |
|---|---|
| Number of analysts | 25 |
| Mean target | $388.78 |
| High target | $450.00 |
| Low target | $275.00 |
| Rating split (SB / B / H / S / SS) | 5 / 18 / 3 / 0 / 0 |
Price & trading
| Current price | $368.23 |
|---|---|
| Previous close | $372.40 |
| 52-week high | $416.69 |
| 52-week low | $262.75 |
| 50-day average | $359.83 |
| Beta | 1.15 |
Valuation
| P/E ratio | 316.29 |
|---|---|
| P/B ratio | 16.35 |
| EV / EBITDA | 200.30 |
| Dividend yield | 0.0% |
| Revenue per share | $5.34 |
| Book value per share | $23.79 |
Profitability
| Return on equity (ROE) | 5.1% |
|---|---|
| Return on assets (ROA) | 2.8% |
| Return on invested capital (ROIC) | 4.4% |
| Free-cash-flow margin | 20.8% |
| FCF yield | 0.3% |
Financial health
| Current ratio | 1.47 |
|---|---|
| Quick ratio | 1.32 |
| Debt / equity | 0.84 |
| Net debt / EBITDA | 3.08 |
| Interest coverage | 14.54 |
| Altman Z-score | 12.84 |
See the full CDNS breakdown on Luminoso
Valuation, profitability, efficiency, leverage & earnings-quality metrics — updated daily.
Start free — 2 months on usFrequently asked questions
- What is the current Cadence Design Systems Inc (CDNS) share price?
- Cadence Design Systems Inc last traded at $368.23 with a market capitalisation of about $101.6B.
- What is the analyst price target for CDNS?
- The mean analyst price target for Cadence Design Systems Inc is $388.78, roughly 5.6% above the latest price. The current consensus rating is “Strong Buy”.
- Is CDNS expensive on a P/E basis?
- Cadence Design Systems Inc currently trades on a price-to-earnings ratio of 316.3, with a price-to-book of 16.4.
- Where can I see Cadence Design Systems Inc's full financial metrics?
- Luminoso tracks CDNS's valuation, profitability, efficiency, leverage and earnings-quality metrics alongside analyst data — updated daily. Create a free account to explore the full breakdown.
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Last updated 25 Jun 2026.
Data is provided for informational purposes only and is not investment advice. Figures are cached and refreshed daily; they may differ from real-time quotes.