$340.390
-7.012 (-2.06%)At close
Price Predictions
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CDNS Prediction & Forecast by Similar Chart Analysis
Alphio's CDNS stock price prediction model matches the current Cadence Design Systems, Inc. tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $343.18 (+0.82%). The 1-week path is $331.00 (-2.76%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Cadence Design Systems, Inc. Stock?
Cadence Design Systems Inc is a good buy right now due to its strong financial performance and positive market outlook. The current price is $340.39, with a forward P/E ratio of 41.32, suggesting growth potential. Additionally, the company reported a 24% year-over-year revenue increase in Q2 2026, reaching nearly $1.6 billion, and a net income of $367 million, reflecting solid demand in the semiconductor sector. However, the main risk is the high P/E ratio of 69.46, which indicates that the stock may be overvalued if growth expectations are not met.
CDNS stock price ended at $340.39 on Friday, after losing -2.06%
Cadence Design Systems, Inc. (CDNS) last closed at $340.39, losing -2.06%. These facts feed the 1-day and 1-week CDNS price prediction above.
Analyst Consensus
Cadence Design Systems, Inc. (CDNS): 3 buy, 5 hold, 1 sell. Outlook: Hold.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
Cadence Design Systems, Inc. (CDNS) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bullish
SMA 200
Bullish
Similar Chart Patterns
Stocks whose recent price path most closely matches CDNS, ranked by similarity.
Seasonality analysis for CDNS
Historically the probability of a positive August return for CDNS is 92.06%. November offers the highest probability of a positive month at 100.00%, while March is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for CDNS
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Aug 2026 | $369.27 | $400.58 | $439.61 | +17.68% |
| Sep 2026 | $359.20 | $400.58 | $405.58 | +17.68% |
| Oct 2026 | $373.35 | $395.07 | $400.07 | +16.07% |
| Nov 2026 | $306.35 | $353.98 | $363.80 | +3.99% |
| Dec 2026 | $305.67 | $340.27 | $371.88 | -0.03% |
In 2026, Cadence Design Systems, Inc. (CDNS) is projected to range from $305.67 to $439.61.
Cadence Design Systems, Inc. 2026 monthly forecast
In Aug 2026, Cadence Design Systems, Inc. is projected to average $400.58, with a low of $369.27 and high of $439.61.
In Sep 2026, Cadence Design Systems, Inc. is projected to average $400.58, with a low of $359.20 and high of $405.58.
In Oct 2026, Cadence Design Systems, Inc. is projected to average $395.07, with a low of $373.35 and high of $400.07.
In Nov 2026, Cadence Design Systems, Inc. is projected to average $353.98, with a low of $306.35 and high of $363.80.
In Dec 2026, Cadence Design Systems, Inc. is projected to average $340.27, with a low of $305.67 and high of $371.88.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.