Cadence Design Systems, Inc. (CDNS)
Makes software that helps engineers design and verify computer chips.
$338.61+0.04%Technology
StockGlow Score
Leaning Bullish
BearishBullish
1 year ago-5.1%
The outlook
CDNS trades at $338.61 with strong analyst backing (Strong Buy consensus from 26 analysts) and an average price target about 17% above current levels. The stock sits roughly midway in its 52-week range with mixed momentum against moving averages. The high trailing P/E of 76.3 reflects the market's premium valuation of the company.
What’s behind the score
Analyst consensusStrong Buy — 1.4 avg of 26 analysts
Price trendMixed vs its moving averages
52-week range49% of the way from its 52-week low to high
Price targetAvg target +17% vs current price
Analyst price target
~12-month · 26 analysts$395.94average target+16.9% vs now
Now $338.61
Low $275.00High $470.00
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$93.39B
52-wk high
$416.69
52-wk low
$262.75
50-day avg
$372.00
200-day avg
$327.66
Trailing P/E
76.3