If you’re wondering which stock to buy right now, you might look at the CDNS Stock Price Prediction.
This blog post will look at CDNS stock price predictions for 2024, 2025, 2030, 2040, and 2050. You can read the complete article to determine how CDNS’s stock price is expected to perform in the coming decades.
What is Cadence Design Systems Inc (CDNS)?
Cadence Design Systems, Inc. is a leading American technology corporation headquartered in San Jose, California. Cadence, founded in 1988 through the merger of SDA Systems and ECAD, has long been a technological and computational software powerhouse.
Cadence began by providing electronic design automation (EDA) software for semiconductors but has now expanded to offer a wide range of products. They currently produce software and hardware for cutting-edge technologies such as integrated circuits, systems on chips (SoCs), and printed circuit boards.
It offers tool adoption, design systems and flows, design methodologies, custom PDK development, and advanced sip technologies like 3D-ic, as well as transition to advanced process nodes, advanced functional verification, DFM assistance and validation, and design team ramp-up services.
CDNS Stock Fundamentals and Price History
CDNS Stock Historical Price Chart
Boeing Company Balance Sheet Analysis
| Metric | Year 2023 | Year 2022 |
| Total Liabilities Net Minority Interest | 2,265,220 | 2,391,958 |
| Total Equity Gross Minority Interest | 3,404,271 | 2,745,113 |
| Total Capitalization | $74.10 Billion | $44.06 Billion |
| Common Stock Equity | $3,404,271 | $2,745,113 |
CDNS Stock Annual Income Statement
| Year | Gross Profit | Revenue | Net Income |
| 2023 | $4.09 Billion | $4.08 Billion | $1,041 Billion |
| 2022 | $3.19 Billion | $3.56 Billion | $0.849 Billion |
| 2021 | $2.681 Billion | $2.98 Billion | $696 Billion |
CDNS Stock Live Price
CDNS Stock Price Prediction 2024 To 2050
This article will give the CDNS stock price Prediction for the years 2024, 2025, 2030, 2040, and 2050. So let’s get to the highlight of the CDNS Stock Forecast.
CDNS Stock Price Prediction 2024
| Year | Low | Average | High |
| 2024 | $245.04 | $333.98 | $370.45 |
If we look at CDNS Stock Price Prediction 2024, market professionals predict that the high price will be about $370.45 and the low will be around $245.04.
Furthermore, if the market continues stable, we may expect the stock to keep its current average price of $333.98.
CDNS Stock Price Prediction 2025
| Year | Low | Average | High |
| 2025 | $404.20 | $445.06 | $518.90 |
Analysts predict CDNS stock price to vary between $404.20 and $518.90 in 2025, with an average expected stability of $445.06. So, for those who have already invested in this stock, 2025 provides the best return for stockholders.
CDNS Stock Price Prediction 2026
| Year | Low | Average | High |
| 2026 | $546.87 | $669.49 | $710.12 |
According to a recent analysis of CDNS Stock Price Prediction, the low price of CDNS Stock Price Prediction in 2026 is expected to be about $546.87. The CDNS price might hit $710.12. By 2026, the average trade price might be $669.49.
CDNS Stock Price Prediction 2027
| Year | Low | Average | High |
| 2027 | $735.88 | $804.62 | $921.70 |
By 2027, CDNS’s stock price is predicted to average around $804.62. The Low and high stock prices for the year are predicted to be approximately $735.88 and $921.70.
CDNS Stock Price Prediction 2028
| Year | Low | Average | High |
| 2028 | $856.23 | $949.01 | $1057.20 |
According to a technical analysis of CDNS stock price prediction for 2028, CDNS will have a low of $856.23. The CDNS price can reach $1057.20. The average trading price is expected to be $949.01.
CDNS Stock Price Prediction 2029
| Year | Low | Average | High |
| 2029 | $998.00 | $1,096.34 | $1,205.70 |
According to our Cadence Design Systems stock prediction for 2029, CDNS will trade between $998.00 and $1,205.70. The average trading price is expected to be $1,096.34.
CDNS Stock Price Prediction 2030
| Year | Low | Average | High |
| 2030 | $1,100.34 | $1,210.98 | $1,464.80 |
The CDNS stock price is predicted to fluctuate in 2030, reaching a high of $1,464.80 and a low of $1,100.34, reflecting the volatility of the equity markets. The average predicted price is $1,210.98, indicating a common trend across multiple speculative components.
CDNS Stock Price Prediction 2035
| Year | Low | Average | High |
| 2035 | $1,197.87 | $1,322.67 | $1,534.90 |
If we look at the CDNS stock price prediction for 2035, the net profit of Cadence Design Systems Inc. is fairly high, therefore the management will have no trouble settling its business and obligations. In 2035, the average price of CDNS stock may be around $1,322.67, with a high of $1,534.90 and a low of around $1,197.87.
CDNS Stock Price Prediction 2040
| Year | Low | Average | High |
| 2040 | $2,345.88 | $2,678.99 | $3,688.78 |
When it comes to CDNS Stock Price Prediction for 2040, given the significant increase in the company’s revenue and the stock’s technical analysis, the CDNS stock price is expected to reach $2,345.88 to $3,688.78 in 2040. The average cost of this stock can be fixed at roughly $2,678.99.
CDNS Stock Price Prediction 2050
| Year | Low | Average | High |
| 2050 | $6,342.98 | $3,896.09 | $5,979.45 |
The CDNS Stock Price Prediction for 2050 chart analysis shows that the price is projected to grow again in the last year. In the year 2050, the average price of CDNS Stock might reach $3,896.09, with a top of $5,979.45 and a low of $6,342.98.
Is CDNS a Good Stock To Buy?
Cadence Design Systems (CDNS) may be a good addition to your portfolio, considering its recent elevation to a Zacks Rank #1 (Strong Buy). This upgrade is mostly due to a higher trend in earnings expectations, which is one of the most significant influences influencing stock prices.
The Zacks rating is based purely on a company’s changing earnings picture. It uses a consensus measure, the Zacks Consensus Estimate, to track EPS projections for the current and future years from sell-side analysts covering the stock.
As a result, Cadence’s Zacks rating improvement implies optimism about its profit prospects, which might lead to increased purchasing pressure and stock price appreciation.
FAQs
What does CDNS company do?
They provide cached internet content from a network location closest to a user to speed up its delivery
What is the forecast for CDNS in 2030?
The CDNS stock price is predicted to fluctuate in 2030, reaching a high of $1,464.80 and a low of $1,100.34, reflecting the volatility of the equity markets. The average predicted price is $1,210.98,
Does CDNS Pay Dividends?
No, CDNS does not currently pay a dividend.
Disclaimer: Dear Readers, The share price targets presented in this article are solely for informative purposes and should not be interpreted as financial advice.
