Cadence Design Systems Future Growth
Future criteria checks 4/6
Cadence Design Systems is forecast to grow earnings and revenue by 16.1% and 12.4% per annum respectively. EPS is expected to grow by 18.6% per annum. Return on equity is forecast to be 29.9% in 3 years.
Key information
16.1%
Earnings growth rate
18.6%
EPS growth rate
| Software earnings growth | 15.9% |
| Revenue growth rate | 12.4% |
| Future return on equity | 29.9% |
| Analyst coverage | Good |
| Last updated | 24 Sep 2024 |
Recent future growth updates
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 24
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 16Recent updates
The Market Has High Expectations, But Cadence May Be Able To Exceed Them
Oct 03Cadence Design Systems (NASDAQ:CDNS) Could Easily Take On More Debt
Oct 01A Look Into Cadence Design Systems' (NASDAQ:CDNS) Impressive Returns On Capital
Sep 01Cadence Design Systems' (NASDAQ:CDNS) Promising Earnings May Rest On Soft Foundations
Jul 31Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 24Cadence Design Systems: Accelerated Verification And Performance Should Support AI
Jul 23Should You Think About Buying Cadence Design Systems, Inc. (NASDAQ:CDNS) Now?
Jul 04Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?
Jun 23Cadence Design Systems: Widening TAM But Less Room For Valuation Expansion
Jun 12Cadence Design Systems: A Lot To Like, But Not At This Price
May 08A Look At The Fair Value Of Cadence Design Systems, Inc. (NASDAQ:CDNS)
May 05Cadence Design Systems: Patiently Waiting For A Better Price
Apr 29Investors Still Waiting For A Pull Back In Cadence Design Systems, Inc. (NASDAQ:CDNS)
Apr 20Cadence Design Systems: AI R&D Upside Risk
Apr 17Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive
Mar 25Cadence Design Systems Is Locked In A Two-Headed Horse Race That Needs A Break
Mar 24Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?
Mar 12Cadence Design Systems: Impressive By Design
Mar 08Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 16Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching
Feb 13These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Jan 19Cadence Design Systems: Boosted Confidence In Resilience To Macro Headwinds
Jan 10With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For
Jan 07Charting the Course: Unlocking Potential in Tech
Dec 15
Charting the Course: Unlocking Potential in Tech
Dec 15The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested
Nov 29Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 16These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Oct 10When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?
Sep 13Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital
Aug 30Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?
Aug 16These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Jul 11What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?
May 19Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)
May 03Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?
Apr 05Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 5,927 | 1,646 | 2,055 | 2,209 | 7 |
| 12/31/2025 | 5,256 | 1,332 | 1,635 | 1,811 | 16 |
| 12/31/2024 | 4,623 | 1,093 | 1,084 | 1,254 | 16 |
| 6/30/2024 | 4,162 | 1,055 | 943 | 1,077 | N/A |
| 3/31/2024 | 4,077 | 1,047 | 1,210 | 1,335 | N/A |
| 12/31/2023 | 4,090 | 1,041 | 1,247 | 1,349 | N/A |
| 9/30/2023 | 3,921 | 958 | 1,235 | 1,341 | N/A |
| 6/30/2023 | 3,801 | 890 | 1,134 | 1,262 | N/A |
| 3/31/2023 | 3,682 | 855 | 1,041 | 1,173 | N/A |
| 12/31/2022 | 3,562 | 849 | 1,118 | 1,242 | N/A |
| 10/1/2022 | 3,435 | 785 | 1,090 | 1,194 | N/A |
| 7/2/2022 | 3,283 | 775 | 1,095 | 1,173 | N/A |
| 4/2/2022 | 3,154 | 744 | 1,160 | 1,229 | N/A |
| 1/1/2022 | 2,988 | 696 | 1,034 | 1,101 | N/A |
| 10/2/2021 | 2,975 | 693 | 940 | 1,021 | N/A |
| 7/3/2021 | 2,891 | 678 | 848 | 931 | N/A |
| 4/3/2021 | 2,801 | 654 | 806 | 896 | N/A |
| 1/2/2021 | 2,683 | 591 | 810 | 905 | N/A |
| 9/26/2020 | 2,523 | 1,077 | 838 | 929 | N/A |
| 6/27/2020 | 2,436 | 1,016 | 773 | 861 | N/A |
| 3/28/2020 | 2,378 | 992 | 680 | 762 | N/A |
| 12/28/2019 | 2,336 | 989 | 655 | 730 | N/A |
| 9/28/2019 | 2,307 | 428 | 635 | 702 | N/A |
| 6/29/2019 | 2,259 | 426 | 613 | 674 | N/A |
| 3/30/2019 | 2,197 | 393 | 569 | 633 | N/A |
| 12/29/2018 | 2,138 | 346 | 543 | 605 | N/A |
| 9/29/2018 | 2,070 | 233 | 540 | 600 | N/A |
| 6/30/2018 | 2,023 | 215 | 518 | 579 | N/A |
| 3/31/2018 | 1,983 | 209 | N/A | 536 | N/A |
| 12/30/2017 | 1,943 | 204 | N/A | 471 | N/A |
| 9/30/2017 | 1,910 | 257 | N/A | 541 | N/A |
| 7/1/2017 | 1,871 | 241 | N/A | 536 | N/A |
| 4/1/2017 | 1,845 | 221 | N/A | 454 | N/A |
| 12/31/2016 | 1,816 | 203 | N/A | 445 | N/A |
| 10/1/2016 | 1,788 | 245 | N/A | 371 | N/A |
| 7/2/2016 | 1,776 | 258 | N/A | 373 | N/A |
| 4/2/2016 | 1,739 | 267 | N/A | 415 | N/A |
| 1/2/2016 | 1,702 | 252 | N/A | 378 | N/A |
| 10/3/2015 | 1,684 | 237 | N/A | 387 | N/A |
| 7/4/2015 | 1,651 | 197 | N/A | 388 | N/A |
| 4/4/2015 | 1,614 | 162 | N/A | 335 | N/A |
| 1/3/2015 | 1,581 | 159 | N/A | 317 | N/A |
| 9/27/2014 | 1,535 | 132 | N/A | 304 | N/A |
| 6/28/2014 | 1,501 | 133 | N/A | 314 | N/A |
| 3/29/2014 | 1,484 | 119 | N/A | 320 | N/A |
| 12/28/2013 | 1,460 | 164 | N/A | 368 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CDNS's forecast earnings growth (16.1% per year) is above the savings rate (2.5%).
Earnings vs Market: CDNS's earnings (16.1% per year) are forecast to grow faster than the US market (15.2% per year).
High Growth Earnings: CDNS's earnings are forecast to grow, but not significantly.
Revenue vs Market: CDNS's revenue (12.4% per year) is forecast to grow faster than the US market (8.7% per year).
High Growth Revenue: CDNS's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CDNS's Return on Equity is forecast to be high in 3 years time (29.9%)