Cadence Design Stock Target Price and Analyst Consensus
| CDNS Stock | USD 248.90 4.05 1.60% |
The current analyst and expert consensus on Cadence Design is Strong Buy, with 1 strong sell and 12 strong buy opinions. The current projected Cadence Design target price consensus is 320.54 with 21 analyst opinions. Check out Macroaxis Advice on Cadence Design to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. The most common way Cadence Design Systems analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cadence Design executives and customers to further validate their buy or sell advice. Cadence Design buy-or-sell recommendation module provides average expert sentiment on the projected Cadence Design Systems target price to derive its highest and lowest estimates based on projected price volatility of 2.5606.
Lowest Forecast 291.7 | Highest Forecast 355.8 | Target Price 320.54 |
Cadence |
It's important to approach Cadence Design's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Cadence Design Target Price Consensus
Cadence target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Cadence Design's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 21 | Strong Buy |
Most Cadence analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Cadence stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Cadence Design Systems, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCadence Design Target Price Projection
Cadence Design's current and average target prices are 248.90 and 320.54, respectively. The current price of Cadence Design is the price at which Cadence Design Systems is currently trading. On the other hand, Cadence Design's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Cadence Design Market Quote on 26th of February 2025
Target Price
Analyst Consensus On Cadence Design Target Price
Cadence Design Analyst Ratings
Cadence Design's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Cadence Design stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Cadence Design's financials, market performance, and future outlook by experienced professionals. Cadence Design's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Cadence Design price targets
Cadence Design's stock target price is an estimate of its future price, usually made by analysts. Using Cadence Design's target price to determine if it is a suitable investment can be done through the following steps:- Look at Cadence Design's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cadence Design's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Cadence Design Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cadence Design is a key component of Cadence Design valuation and have some predictive power on the future returns of a Cadence Design.Trending Themes
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Additional Tools for Cadence Stock Analysis
When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.