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What are CDNs share price targets?

Their CDNS share price targets range from $280.00 to $350.00. On average, they predict the company's stock price to reach $326.11 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View analysts price targets for CDNS or view top-rated stocks among Wall Street analysts. How have CDNS shares performed in 2024?

Is CDNs stock overvalued?

With this, our long-term expectations remain intact. Despite the drop in share price, we still view the current stock as slightly overvalued. CDNS is trading at a 846% premium. Secular tailwinds in chip design such as 5G, Inernet of Things, AI/ML, and others should increase demand for EDA tools and support growth for Cadence.

Does Cadence Design Systems Inc (CDNs) pay a dividend?

No significant news for in the past two years. CDNS is not currently paying a regular dividend. Closing Diaries View the latest Cadence Design Systems Inc. (CDNS) stock price, news, historical charts, analyst ratings and financial information from WSJ.

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