(NASDAQ: CDNS) CADENCE DESIGN SYSTEMS's forecast annual revenue growth rate of 7.3% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.66%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.42%.
CADENCE DESIGN SYSTEMS's revenue in 2022 is $3,153,982,000.On average, 3 Wall Street analysts forecast CDNS's revenue for 2022 to be $937,798,449,610, with the lowest CDNS revenue forecast at $923,426,166,289, and the highest CDNS revenue forecast at $946,873,678,300. On average, 3 Wall Street analysts forecast CDNS's revenue for 2023 to be $1,009,388,243,600, with the lowest CDNS revenue forecast at $979,854,454,700, and the highest CDNS revenue forecast at $1,027,588,337,600.
In 2024, CDNS is forecast to generate $1,048,904,508,300 in revenue, with the lowest revenue forecast at $1,048,904,508,300 and the highest revenue forecast at $1,048,904,508,300.