Cadence Design Systems Future Growth

Future criteria checks 4/6

Cadence Design Systems is forecast to grow earnings and revenue by 16.6% and 12.1% per annum respectively. EPS is expected to grow by 17.3% per annum. Return on equity is forecast to be 46.8% in 3 years.

Key information

16.6%

Earnings growth rate

17.3%

EPS growth rate

Software earnings growth	15.6%
Revenue growth rate	12.1%
Future return on equity	46.8%
Analyst coverage	Good
Last updated	23 Apr 2024

Recent future growth updates

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 16

Recent updates

Investors Still Waiting For A Pull Back In Cadence Design Systems, Inc. (NASDAQ:CDNS)

Apr 20

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 16

Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching

Feb 13

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Jan 19

Cadence Design Systems: Boosted Confidence In Resilience To Macro Headwinds

Jan 10

With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For

Jan 07

Charting the Course: Unlocking Potential in Tech

Dec 15

Charting the Course: Unlocking Potential in Tech

Dec 15

The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested

Nov 29

Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value

Nov 16

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Oct 10

When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Sep 13

Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital

Aug 30

Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?

Aug 16

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Jul 11

What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?

May 19

Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)

May 03

Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?

Apr 05

Is It Time To Consider Buying Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Feb 12

We Think Cadence Design Systems (NASDAQ:CDNS) Might Have The DNA Of A Multi-Bagger

Jan 29

Does This Valuation Of Cadence Design Systems, Inc. (NASDAQ:CDNS) Imply Investors Are Overpaying?

Jan 15

Is Cadence Design Systems (NASDAQ:CDNS) A Risky Investment?

Jan 03

At US$142, Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Worth Looking At Closely?

Nov 07

Earnings and Revenue Growth Forecasts

NasdaqGS:CDNS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,928	1,724	2,283	2,428	8
12/31/2025	5,195	1,389	1,734	1,960	17
12/31/2024	4,594	1,145	1,281	1,404	18
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	480	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
9/28/2013	1,429	440	N/A	344	N/A
6/29/2013	1,401	460	N/A	338	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDNS's forecast earnings growth (16.6% per year) is above the savings rate (2.3%).

Earnings vs Market: CDNS's earnings (16.6% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: CDNS's earnings are forecast to grow, but not significantly.

Revenue vs Market: CDNS's revenue (12.1% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: CDNS's revenue (12.1% 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 very high in 3 years time (46.8%).

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Cadence Design Systems Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Price target increased by 8.2% to US$314

Cadence Design Systems, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024

Price target increased by 7.6% to US$256

Cadence Design Systems, Inc. Provides Earnings Guidance for the Second Half and Full Year of Fiscal Year Ending December 31, 2023

Price target increased by 8.4% to US$252

Recent updates

First quarter 2024 earnings: EPS exceeds analyst expectations

Investors Still Waiting For A Pull Back In Cadence Design Systems, Inc. (NASDAQ:CDNS)

Cadence Design Systems: AI R&D Upside Risk

Insider notifies of intention to sell stock

Cadence Design Systems, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Senior VP & CFO notifies of intention to sell stock

Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive

Cadence Design Systems Is Locked In A Two-Headed Horse Race That Needs A Break

Cadence Design Systems, Inc., Annual General Meeting, May 02, 2024

CEO, President & Director notifies of intention to sell stock

Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?

Cadence Design Systems: Impressive By Design

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a share purchase agreement to acquire BETA CAE Systems International AG for $1.2 billion.

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a share purchase agreement to acquire BETA CAE Systems International AG for $1.2 billion.

Insider notifies of intention to sell stock

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Price target increased by 8.2% to US$314

Full year 2023 earnings: EPS exceeds analyst expectations

Cadence Design Systems, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024

Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching

John B. Shoven to Retire from the Board of Cadence Design Systems, Inc

Cadence Design Systems, Inc. Announces the Cadence Millennium Enterprise Multiphysics Platform

Cadence Design Systems, Inc. Significantly Advances ECAD/MCAD Convergence for Electronic Systems with New Celsius Studio AI Thermal Platform

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Independent Director notifies of intention to sell stock

Cadence Design Systems: Boosted Confidence In Resilience To Macro Headwinds

Cadence Design Systems, Inc. (NasdaqGS:CDNS) acquired INVECAS Inc.

With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For

CEO, President & Director notifies of intention to sell stock

Insider notifies of intention to sell stock

Charting the Course: Unlocking Potential in Tech

Charting the Course: Unlocking Potential in Tech

The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested

Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value

Cadence Design Systems, Inc. Announces Voltus InsightAI, Industry’s First Generative AI Technology that Automatically Identifies and Addresses EM-IR Violations

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Cadence Design Systems, Inc. Expands Tensilica Ip Portfolio with New Hifi and Vision Dsps for Pervasive Intelligence and Edge Ai Inference

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Cadence Design Systems, Inc. Expands Support for 3Dblox 2.0 Standard with New System Prototyping Flows

Cadence Design Systems, Inc. Announces the Expansion of its Node-to-Node Design Migration Flow Based on the Cadence Virtuoso Studio

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Intrinsix Corp. from CEVA, Inc. (NasdaqGS:CEVA) for $31.3 million.

Cadence Design Systems, Inc. Accelerates On-Device and Edge AI Performance and Efficiency with New Neo NPU IP and NeuroWeave SDK for Silicon Design

Cadence Design Systems, Inc. Unveils Next-Generation Ai-Driven Orcad X Delivering Up to 5X Faster Pcb Design and Enabled with Cadence Oncloud

When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS).

Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital

Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?

Senior VP & CFO notifies of intention to sell stock

Independent Director recently sold US$2.0m worth of stock

Cadence Design Systems, Inc. Advances Pervasive Intelligence at the Edge with Next-Generation Extensible Tensilica Processor Platform

Independent Director recently sold US$1.1m worth of stock

Price target increased by 7.6% to US$256

Independent Director notifies of intention to sell stock

Cadence Design Systems, Inc. Provides Earnings Guidance for the Second Half and Full Year of Fiscal Year Ending December 31, 2023

Price target increased by 8.4% to US$252

Cadence Design Systems, Inc. Unveils Joules RTL Design Studio, Delivering Breakthrough Gains in RTL Productivity and Quality of Results

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Cadence Design Systems, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Cadence Design Systems, Inc. Announces AI-Based Virtuoso Studio Certified for Samsung Foundry PDKs for Mature and Advanced Nodes

Cadence Design Systems, Inc. (NasdaqGS:CDNS) announces an Equity Buyback for $200 million worth of its shares.

Cadence Design Systems, Inc. (NasdaqGS:CDNS) acquired Pulsic Limited.

Insider notifies of intention to sell stock

What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?

Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Executive Chair of the Board exercised options and sold US$7.8m worth of stock

Senior VP & CFO notifies of intention to sell stock

Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?

Senior VP & CFO notifies of intention to sell stock