Cadence Design Systems Forecast, price target & analysts
Cadence Design Systems Target price 2025 - Analyst rating & recommendation
Cadence Design Systems Classifications & Recommendation:
Cadence Design Systems Price Target
| Target Price | $326.74 |
| Price | $299.67 |
| Potential | 9.03% |
| Number of Estimates | 19 |
| 19 Analysts have issued a price target Cadence Design Systems 2026 . The average Cadence Design Systems target price is $326.74. This is 9.03% higher than the current stock price. The highest price target is $365.00 21.80% , the lowest is $225.00 24.92% . | |
| A rating was issued by 24 analysts: 18 Analysts recommend Cadence Design Systems to buy, 5 to hold and 1 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
| Analyst Estimates: Analysts believe that the Cadence Design Systems stock has an average upside potential 2026 of 9.03% . Most analysts recommend the Cadence Design Systems stock at Purchase. |
Sales and Margin forecast 2024, 2025 to 2028
19 Analysts have issued a sales forecast Cadence Design Systems 2024 . The average Cadence Design Systems sales estimate is $4.6b . This is 6.42% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $4.7b 7.00% , the lowest is $4.6b 6.23% .
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $4.1b | 14.83% |
|---|---|---|
| 2024 | $4.6b | 13.29% |
| 2025 | $5.2b | 13.12% |
| 2026 | $5.9b | 11.81% |
| 2027 | $6.4b | 9.51% |
| 2028 | $6.7b | 4.25% |
11 Analysts have issued an Cadence Design Systems EBITDA forecast 2024. The average Cadence Design Systems EBITDA estimate is $2.1b . This is 44.40% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $2.2b 50.74% , the lowest is $1.9b 30.14% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2023 | $1.4b | 17.32% |
|---|---|---|
| 2024 | $2.1b | 47.14% |
| 2025 | $2.4b | 16.04% |
| 2026 | $2.8b | 14.94% |
| 2027 | $3.0b | 8.33% |
| 2028 | $3.1b | 3.07% |
EBITDA Margin
| 2023 | 34.59% | 2.17% |
|---|---|---|
| 2024 | 44.93% | 29.89% |
| 2025 | 46.09% | 2.58% |
| 2026 | 47.37% | 2.78% |
| 2027 | 46.87% | 1.06% |
| 2028 | 46.34% | 1.13% |
10 Cadence Design Systems Analysts have issued a net profit forecast 2024. The average Cadence Design Systems net profit estimate is $1.0b . This is 0.19% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $1.1b 9.42% , the lowest is $1.0b 2.21% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2023 | $1.0b | 23.62% |
|---|---|---|
| 2024 | $1.0b | 0.34% |
| 2025 | $1.3b | 24.56% |
| 2026 | $1.5b | 16.42% |
| 2027 | $1.7b | 15.22% |
| 2028 | $1.9b | 11.78% |
Net Margin
| 2023 | 25.62% | 7.66% |
|---|---|---|
| 2024 | 22.53% | 12.05% |
| 2025 | 24.81% | 10.12% |
| 2026 | 25.83% | 4.11% |
| 2027 | 27.18% | 5.23% |
| 2028 | 29.15% | 7.25% |
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028
10 Analysts have issued a Cadence Design Systems forecast for earnings per share. The average Cadence Design Systems <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $3.81 . This is 0.26% higher than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $4.16 9.47% , the lowest is $3.72 2.11% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2023 | $3.82 | 23.62% |
|---|---|---|
| 2024 | $3.81 | 0.26% |
| 2025 | $4.74 | 24.41% |
| 2026 | $5.52 | 16.46% |
| 2027 | $6.36 | 15.22% |
| 2028 | $7.11 | 11.79% |
P/E ratio
| Current | 78.81 | 6.73% |
|---|---|---|
| 2024 | 78.71 | 0.13% |
| 2025 | 63.19 | 19.72% |
| 2026 | 54.28 | 14.10% |
| 2027 | 47.11 | 13.21% |
| 2028 | 42.15 | 10.53% |
Based on analysts' sales estimates for 2024, the Cadence Design Systems stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 17.72 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 17.74 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 18.86 | 8.00% |
|---|---|---|
| 2024 | 17.72 | 6.02% |
| 2025 | 15.67 | 11.60% |
| 2026 | 14.01 | 10.57% |
| 2027 | 12.80 | 8.68% |
| 2028 | 12.27 | 4.07% |
P/S ratio
| Current | 18.88 | 8.25% |
|---|---|---|
| 2024 | 17.74 | 6.03% |
| 2025 | 15.68 | 11.60% |
| 2026 | 14.02 | 10.57% |
| 2027 | 12.81 | 8.68% |
| 2028 | 12.28 | 4.07% |
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