(NASDAQ: CDNS) Cadence Design Systems's forecast annual revenue growth rate of 13.28% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.92%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.03%.
Cadence Design Systems's revenue in 2024 is $4,077,399,000.On average, 6 Wall Street analysts forecast CDNS's revenue for 2024 to be $1,247,607,847,690, with the lowest CDNS revenue forecast at $1,242,672,697,600, and the highest CDNS revenue forecast at $1,255,338,086,094. On average, 6 Wall Street analysts forecast CDNS's revenue for 2025 to be $1,411,118,473,054, with the lowest CDNS revenue forecast at $1,377,732,801,800, and the highest CDNS revenue forecast at $1,455,916,900,000.
In 2026, CDNS is forecast to generate $1,619,276,218,860 in revenue, with the lowest revenue forecast at $1,610,889,048,980 and the highest revenue forecast at $1,635,947,147,700.