In the world of finance and investment, anticipating the future is crucial. A detailed forecast provides a clear trajectory, assisting investors in making informed decisions. Today, we will delve into the future of Cadence Design Systems, Inc. (NASDAQ: CDNS). Certainly, the stock has seen substantial growth over the years, but what does the future hold?
Let’s perform a deep-dive analysis to find out CDNS Stock Forecast 2024, 2025, 2030, 2040, 2050, 2060 Growth. What is the 5 year forecast for CDNS stock?
Table of Contents
A Brief Overview of Cadence Design Systems, Inc.
Cadence Design Systems, Inc., also known as Cadence, is a dominant player in the technology and computational software industry. The company was established in 1988 after the merger of SDA Systems and ECAD. Initially focused on electronic design automation (EDA) software for semiconductors, Cadence has expanded its product portfolio to provide a diverse array of solutions.
Cadence’s Exclusive Products
Primarily, Cadence offers Electronic Design Automation (EDA) software, Intellectual Property (IP), PCB and Packaging Technologies, and Systems Design and Analysis. Its EDA software are utilized in crafting cutting-edge products like integrated circuits, systems on chips (SoCs), and printed circuit boards. Additionally, Cadence offers intellectual property licensing for various industries including electronics, aerospace, defense, and automotive sectors.
Company Profile
The company is headquartered in San Jose, California, and operates on a public platform. It’s traded on NASDAQ under the ticker symbol CDNS. The company generated a revenue of US$4.09 billion in 2023 and currently employs around 11,200 individuals.
Key Financial Ratios
Financial ratios are essential tools for analyzing a company’s financial stability, profitability, and liquidity. Here’s an insight into some key ratios of Cadence:
| Financial Ratios | Value |
|---|---|
| Return on Equity (ROE) | 74.5 |
| Dividend Yield | 0.00% |
| Earnings Per Share (EPS) | $0.94 |
| Price to Earnings (P/E) Ratio | 22.8 |
| Market Capitalization | $77.59B |
| Enterprise Value | $77.23B |
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CDNS Balance Sheet Analysis
A company’s balance sheet provides a snapshot of its financial health at a given point in time. For Cadence, the balance sheet reflects a financially stable position with a substantial amount of liquidity, gradually decreasing debt, and robust equity. While the Net Cash / Debt ratio is low, the overall financial health appears positive, indicating a financially sound company.
CDNS Stock Price Historical Chart
Now let’s look into the historical prices for CDNS stock on MoneyMystica on Tradingview. View daily, weekly or monthly format back to when Cadence Design Systems, Inc. stock was issued. The steady growth of CDNS stock over the years signifies the company’s potential for future growth.
CDNS Stock Forecast 2024, 2025, 2030, 2040, 2050,2060
Now, let’s delve into the longterm Cadence Design Systems Inc. (CDNS) stock forecast for the upcoming decades.
CDNS Stock Forecast 2024
| Year | CDNS Stock Forecast 2024 |
| 2024 | $370-$415 |
According to coincodex, experts have a bullish projection, the price of Cadence Design Systems Inc. (CDNS) will jump 6% and hit $300.10 per share by middle of 2024.
On the other hand, our analysts feel optimistic for CDNS shares in 2024, with an average stock price to reach a record high of $370 in 2024. The consensus among experts is a “Strong Buy” for CDNS stock in 2024.
Looking ahead, the current market cap in 2024 is 76.985B with earnings per share (EPS) expected to climb by 29.21%. Investors in CDNS have reason to anticipate an exciting journey ahead!
CDNS Stock Forecast 2025
| Year | CDNS Stock Forecast 2025 |
| 2025 | $421-$450 |
If we look at historical data over past 26 years, Cadence Design Systems, Inc. Common Stock (CDNS) has Initially experienced a 16.189% increase in stock performance year over year.
Coincodex projects an average price target of $400.95 per share for CDNS in 2025, indicating a 38.40% increase based on the average yearly growth rate from the current price.
According to WalletInvestor, the average one-year forecast for CDNS stock in 2025 is $513.56, with a maximum estimate of $750.00 and a minimum estimate of $480.00.”
Looking at Cadence Design Systems historical data, CDNS has experienced Steady growth year over year. The EDA software and IP market are expected to continue growing, driven by the increasing demand for advanced chips and the rise of AI and 5G technologies.
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CDNS Stock Forecast 2030
| Year | CDNS Stock Forecast 2030 |
| 2030 | $895-$951 |
Our analysis suggests that Cadence Design Systems, Inc. (CDNS) stock is projected to reach $895 by 2030, reflecting a significant average growth rate of 289%. Our experts are optimistic about CDNS shares, with an average price target of $850 from its current value. We anticipate CDNS stock to trade between $895 and $951 in 2030, indicating long-term potential for investors.
CDNS Stock Forecast 2040
| Year | CDNS Stock Price Prediction 2040 |
| 2040 | $1,091 – $1,500 |
In 2040, Cadence Design Systems, Inc. (CDNS) stock will grow at 65% per share from its current price from today and the stock could jump from $1,091 and $1,500.
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CDNS Stock Forecast 2050
| Year | CDNS Stock Forecast 2050 |
| 2050 | $3,091 – $4,500 |
Cadence Design Systems’s price target in 2050 is anticipated to range between $3,091 and $4,500. If CDNS continues to maintain its current average growth rate, as it has over the last 10 years, the outlook remains promising.
CDNS Stock Forecast 2060
| Year | CDNS Stock Forecast 2050 |
| 2050 | $6,091 – $9,500 |
In 2060, analysts say about Cadence Design Systems that CDNS stock could soar to $6,091-$9,500 in 2060, which would be an 518.65% increase from its current price of $277.08.
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This is primarily due to the earnings estimate shifts, which greatly impact stock prices. The upgrade to a Zacks Rank #1 (Strong Buy) reflects growing optimism about its earnings potential, which could spur increased buying interest and drive the stock price higher.
Conclusion
When considering the future of Cadence Design Systems, Inc., it’s safe to say that the company seems poised for growth. With its diverse array of products and a strong market position, Cadence is expected to see significant appreciation in its stock price in the coming decades. However, investors should not consider this as financial advice, but rather as a comprehensive analysis for informational purposes.
What is 2030 CDNS stock Forecast?
Based on our fundamental analysis, Cadence Design Systems (CDNS) stock is predicted to reach $1,090 in 2030, which is a 409.34% increase from its current price.
What is 2025 CDNS Stock forecast?
Based on analysis by our research team, Cadence Design Systems (CDNS) stock is predicted to reach $750 in 2025, which is a 289.14% increase from its current price.
What is CDNS stock 5 year forecast?
 Based Wallestinvestor forecasts, a long-term increase is expected, the “CDNS” stock price prediction for 2029-04-18 is 513.565 USD.
Will CDNS Stock reach $500?
Yes, according to Wallestinvestor forecasts, “CDNS” stock price could skyrocket to reach $500 by 2030.
Does CDNS currenlty Pay its Dividends?
No, CDNS does not pay dividends and has no plans to do so in the future.
What is CDNs main source of earning money?
CDN operators make money by helping media companies and online stores deliver their content to people.
Would investing in CDNS be a wise choice?
Cadence Design Systems currently holds a consensus rating of Moderate Buy, derived from 8 buy ratings, 3 hold ratings, and 0 sell ratings. So investing in CDNS be a wise choice.
What is Zacks Rank for Cadence Design Systems, Inc.(CDNS)?
Based on latest analysis, CDNS currently carries a Zacks Rank #2 (Buy).Â
What are 52 weeks price target for CDNS stock?
Based on current analysts research, the average price target for Cadence Design Systems (CDNS) is $330.45 with a high estimate of $360 and a low estimate of $290.
DISCLAIMER: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
