Cognex (CGNX) Stock Forecast, Price Target & Predictions
CGNX Stock Forecast
Cognex stock forecast is as follows: an average price target of $49.50 (represents a 28.01% upside from CGNX’s last price of $38.67) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.
CGNX Price Target
The average price target for Cognex (CGNX) is $49.50 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $39.00. This represents a potential 28.01% upside from CGNX's last price of $38.67.
CGNX Analyst Ratings
According to 13 Wall Street analysts, Cognex's rating consensus is 'Hold'. The analyst rating breakdown for CGNX stock is 1 'Strong Buy' (7.69%), 5 'Buy' (38.46%), 6 'Hold' (46.15%), 1 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).
Cognex Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Guy Hardwick | Loop Capital Markets | $44.00 | $37.23 | 18.18% | 13.78% |
| Aug 05, 2024 | Matthew Summerville | D.A. Davidson | $39.00 | $37.22 | 4.80% | 0.85% |
| Jul 29, 2024 | James Ricchiuti | Needham | $57.00 | $49.72 | 14.64% | 47.40% |
| May 07, 2024 | Helen Fang | HSBC | $52.00 | $45.90 | 13.29% | 34.47% |
| May 03, 2024 | James Ricchiuti | Needham | $48.00 | $43.36 | 10.70% | 24.13% |
| Mar 19, 2024 | Damian Karas | UBS | $54.00 | $41.17 | 31.16% | 39.64% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $47.00 | $40.87 | 15.00% | 21.54% |
| Dec 13, 2022 | - | Credit Suisse | $41.00 | $49.81 | -17.69% | 6.03% |
| Sep 20, 2022 | Brian Gesuale | Raymond James | $75.00 | $44.51 | 68.50% | 93.95% |
| Sep 20, 2022 | - | Needham | $52.00 | $43.76 | 18.83% | 34.47% |
The latest Cognex stock forecast, released on Aug 05, 2024 by Guy Hardwick from Loop Capital Markets, set a price target of $44.00, which represents a 18.18% increase from the stock price at the time of the forecast ($37.23), and a 13.78% increase from CGNX last price ($38.67).
Cognex Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 7 |
| Avg Price Target | - | $46.67 | $48.71 |
| Last Closing Price | $38.67 | $38.67 | $38.67 |
| Upside/Downside | -100.00% | 20.69% | 25.96% |
In the current month, the average price target of Cognex stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cognex's last price of $38.67. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2024 | Needham | Buy | Buy | Hold |
| Jul 23, 2024 | Vertical Research | - | Buy | Initialise |
| May 07, 2024 | HSBC | - | Buy | Upgrade |
| May 03, 2024 | Bernstein | Outperform | Outperform | Hold |
| May 03, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| May 03, 2024 | Needham | Buy | Buy | Hold |
| Apr 08, 2024 | Citigroup | Neutral | Neutral | Hold |
| Mar 19, 2024 | UBS | - | Buy | Upgrade |
| Nov 06, 2023 | Raymond James | Strong Buy | Strong Buy | Hold |
| Sep 11, 2023 | CFRA | - | Hold | Upgrade |
Cognex's last stock rating was published by Needham on Jul 29, 2024. The company gave CGNX a "Buy" rating, the same as its previous rate.
Cognex Financial Forecast
Cognex Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $197.24M | $242.51M | $201.12M | $239.43M | $209.62M | $274.63M | $282.41M | $244.06M | $284.85M | $269.16M | $239.03M | $223.62M | $251.07M | $169.10M | $167.24M | $169.77M | $183.32M |
| Avg Forecast | $298.83M | $298.48M | $295.32M | $254.88M | $254.04M | $269.89M | $264.60M | $233.88M | $224.83M | $234.07M | $240.33M | $201.07M | $189.16M | $193.74M | $237.21M | $193.41M | $244.81M | $199.69M | $278.12M | $276.98M | $224.19M | $288.90M | $265.26M | $238.64M | $205.39M | $214.26M | $151.09M | $156.86M | $161.53M | $177.39M |
| High Forecast | $305.29M | $304.93M | $301.71M | $260.39M | $259.53M | $275.72M | $270.32M | $238.93M | $229.69M | $234.46M | $245.53M | $205.42M | $190.74M | $196.66M | $242.34M | $197.59M | $250.10M | $204.01M | $281.56M | $280.41M | $226.96M | $292.47M | $268.55M | $241.60M | $207.93M | $216.91M | $152.96M | $158.80M | $163.53M | $179.59M |
| Low Forecast | $295.20M | $294.85M | $291.73M | $251.79M | $250.95M | $266.61M | $261.38M | $231.03M | $222.10M | $233.88M | $237.41M | $198.63M | $187.18M | $185.38M | $234.32M | $191.05M | $241.83M | $197.26M | $276.49M | $275.36M | $222.88M | $287.21M | $263.71M | $237.25M | $204.19M | $213.00M | $150.20M | $155.94M | $160.58M | $176.35M |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 9 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.02% | 1.04% | 0.98% | 1.05% | 0.99% | 1.02% | 1.09% | 0.99% | 1.01% | 1.00% | 1.09% | 1.17% | 1.12% | 1.07% | 1.05% | 1.03% |
Cognex's average Quarter revenue forecast for Dec 23 based on 3 analysts is $189.16M, with a low forecast of $187.18M, and a high forecast of $190.74M. CGNX's average Quarter revenue forecast represents a -4.10% decrease compared to the company's last Quarter revenue of $197.24M (Sep 23).
Cognex EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 9 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.95M | $65.17M | $23.11M | $53.73M | $46.48M | $98.76M | $86.73M | $62.82M | $93.64M | $98.72M | $84.02M | $71.52M | $107.47M | $4.41M | $30.01M | $29.90M | $53.21M |
| Avg Forecast | $73.01M | $72.93M | $72.15M | $62.27M | $62.07M | $65.94M | $64.65M | $57.14M | $54.93M | $57.19M | $58.72M | $103.50M | $46.22M | $47.34M | $57.96M | $94.09M | $59.81M | $105.51M | $67.95M | $85.53M | $54.77M | $70.58M | $64.81M | $81.62M | $50.18M | $52.35M | $36.91M | $17.73M | $39.47M | $43.34M |
| High Forecast | $74.59M | $74.50M | $73.71M | $63.62M | $63.41M | $67.37M | $66.04M | $58.38M | $56.12M | $57.29M | $59.99M | $124.19M | $46.60M | $48.05M | $59.21M | $112.90M | $61.11M | $126.61M | $68.79M | $102.64M | $55.45M | $71.46M | $65.61M | $97.94M | $50.80M | $53.00M | $37.37M | $21.28M | $39.95M | $43.88M |
| Low Forecast | $72.12M | $72.04M | $71.28M | $61.52M | $61.31M | $65.14M | $63.86M | $56.45M | $54.26M | $57.14M | $58.01M | $82.80M | $45.73M | $45.29M | $57.25M | $75.27M | $59.09M | $84.41M | $67.55M | $68.43M | $54.45M | $70.17M | $64.43M | $65.29M | $49.89M | $52.04M | $36.70M | $14.19M | $39.23M | $43.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.61% | 1.12% | 0.25% | 0.90% | 0.44% | 1.45% | 1.01% | 1.15% | 1.33% | 1.52% | 1.03% | 1.43% | 2.05% | 0.12% | 1.69% | 0.76% | 1.23% |
3 analysts predict CGNX's average Quarter EBITDA for Dec 23 to be $46.22M, with a high of $46.60M and a low of $45.73M. This is 59.67% upper than Cognex's previous annual EBITDA (Sep 23) of $28.95M.
Cognex Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 9 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.92M | $57.47M | $25.61M | $55.31M | $33.98M | $58.90M | $67.33M | $53.53M | $78.90M | $77.60M | $69.85M | $69.34M | $87.51M | $-1.14M | $20.48M | $80.33M | $41.69M |
| Avg Forecast | $67.37M | $63.05M | $50.09M | $28.50M | $43.73M | $52.81M | $48.12M | $30.79M | $27.83M | $30.89M | $32.87M | $75.21M | $12.24M | $23.88M | $44.43M | $68.37M | $52.48M | $88.91M | $69.81M | $62.15M | $37.45M | $78.73M | $72.02M | $67.85M | $49.70M | $56.09M | $16.76M | $11.26M | $21.59M | $34.81M |
| High Forecast | $69.26M | $64.82M | $51.50M | $29.30M | $44.96M | $54.30M | $49.47M | $31.66M | $28.61M | $34.52M | $33.80M | $90.25M | $12.59M | $27.30M | $45.68M | $82.04M | $53.95M | $106.69M | $70.93M | $74.58M | $38.05M | $80.00M | $73.18M | $81.42M | $50.50M | $56.99M | $17.03M | $13.51M | $21.94M | $35.37M |
| Low Forecast | $66.30M | $62.05M | $49.30M | $28.05M | $43.04M | $51.98M | $47.36M | $30.31M | $27.39M | $29.07M | $32.35M | $60.16M | $11.13M | $22.18M | $43.73M | $54.70M | $51.65M | $71.13M | $69.28M | $49.72M | $37.17M | $78.13M | $71.47M | $54.28M | $49.33M | $55.66M | $16.64M | $9.01M | $21.43M | $34.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 1.29% | 0.37% | 1.05% | 0.38% | 0.84% | 1.08% | 1.43% | 1.00% | 1.08% | 1.03% | 1.40% | 1.56% | -0.07% | 1.82% | 3.72% | 1.20% |
Cognex's average Quarter net income forecast for Dec 23 is $12.24M, with a range of $11.13M to $12.59M. CGNX's average Quarter net income forecast represents a -35.28% decrease compared to the company's last Quarter net income of $18.92M (Sep 23).
Cognex SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 9 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $82.31M | $83.42M | $83.04M | $75.95M | $75.37M | $83.22M | $82.80M | $90.00M | $75.91M | $76.84M | $72.42M | $72.51M | $63.94M | $59.08M | $69.14M | $74.30M | $64.49M |
| Avg Forecast | $102.84M | $102.72M | $101.64M | $87.72M | $87.43M | $92.88M | $91.06M | $80.49M | $77.38M | $80.56M | $82.71M | $92.48M | $65.10M | $66.68M | $81.64M | $84.07M | $84.25M | $85.53M | $95.71M | $76.43M | $77.16M | $99.43M | $91.29M | $70.35M | $70.69M | $73.74M | $52.00M | $38.03M | $55.59M | $61.05M |
| High Forecast | $105.07M | $104.94M | $103.83M | $89.61M | $89.32M | $94.89M | $93.03M | $82.23M | $79.05M | $80.69M | $84.50M | $110.98M | $65.64M | $67.68M | $83.40M | $100.89M | $86.07M | $102.64M | $96.90M | $91.72M | $78.11M | $100.66M | $92.42M | $84.43M | $71.56M | $74.65M | $52.64M | $45.63M | $56.28M | $61.81M |
| Low Forecast | $101.59M | $101.47M | $100.40M | $86.65M | $86.37M | $91.75M | $89.95M | $79.51M | $76.44M | $80.49M | $81.71M | $73.99M | $64.42M | $63.80M | $80.64M | $67.26M | $83.23M | $68.43M | $95.15M | $61.15M | $76.70M | $98.84M | $90.76M | $56.28M | $70.27M | $73.30M | $51.69M | $30.42M | $55.27M | $60.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | 1.02% | 0.99% | 0.90% | 0.88% | 0.87% | 1.08% | 1.17% | 0.76% | 0.84% | 1.03% | 1.03% | 0.87% | 1.14% | 1.82% | 1.34% | 1.06% |
Cognex's average Quarter SG&A projection for Dec 23 is $65.10M, based on 3 Wall Street analysts, with a range of $64.42M to $65.64M. The forecast indicates a -20.91% fall compared to CGNX last annual SG&A of $82.31M (Sep 23).
Cognex EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 9 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.11 | $0.33 | $0.15 | $0.32 | $0.20 | $0.34 | $0.39 | $0.30 | $0.45 | $0.44 | $0.40 | $0.40 | $0.50 | $-0.01 | $0.12 | $0.47 | $0.24 |
| Avg Forecast | $0.39 | $0.36 | $0.29 | $0.17 | $0.25 | $0.31 | $0.28 | $0.18 | $0.16 | $0.18 | $0.19 | $0.07 | $0.07 | $0.14 | $0.26 | $0.08 | $0.30 | $0.13 | $0.40 | $0.38 | $0.22 | $0.46 | $0.42 | $0.35 | $0.29 | $0.32 | $0.10 | $0.08 | $0.13 | $0.20 |
| High Forecast | $0.40 | $0.38 | $0.30 | $0.17 | $0.26 | $0.31 | $0.29 | $0.18 | $0.17 | $0.20 | $0.20 | $0.07 | $0.07 | $0.16 | $0.26 | $0.08 | $0.31 | $0.14 | $0.41 | $0.39 | $0.22 | $0.46 | $0.42 | $0.35 | $0.29 | $0.33 | $0.10 | $0.08 | $0.13 | $0.20 |
| Low Forecast | $0.38 | $0.36 | $0.29 | $0.16 | $0.25 | $0.30 | $0.27 | $0.18 | $0.16 | $0.17 | $0.19 | $0.07 | $0.06 | $0.13 | $0.25 | $0.08 | $0.30 | $0.13 | $0.40 | $0.38 | $0.22 | $0.45 | $0.41 | $0.35 | $0.29 | $0.32 | $0.10 | $0.07 | $0.12 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 1.28% | 1.96% | 1.05% | 1.50% | 0.84% | 1.03% | 1.38% | 0.99% | 1.06% | 1.15% | 1.39% | 1.54% | -0.10% | 1.59% | 3.76% | 1.19% |
According to 3 Wall Street analysts, Cognex's projected average Quarter EPS for Dec 23 is $0.07, with a low estimate of $0.06 and a high estimate of $0.07. This represents a -35.57% decrease compared to CGNX previous annual EPS of $0.11 (Sep 23).
Cognex Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ST | Sensata Technologies | $34.66 | $52.36 | 51.07% | Buy |
| MKSI | MKS Instruments | $111.85 | $144.91 | 29.56% | Buy |
| CGNX | Cognex | $38.67 | $49.50 | 28.01% | Hold |
| FTV | Fortive | $73.60 | $86.38 | 17.36% | Buy |
| TDY | Teledyne | $427.75 | $485.25 | 13.44% | Buy |
| NOVT | Novanta | $171.12 | $175.00 | 2.27% | Buy |
| ESE | ESCO | $119.81 | $120.00 | 0.16% | Buy |
| VNT | Vontier | $33.14 | $32.67 | -1.42% | Buy |
| MLAB | Mesa Laboratories | $125.71 | $120.00 | -4.54% | Buy |
| COHR | Coherent | $77.98 | $73.73 | -5.45% | Buy |
| ITRI | Itron | $102.54 | $89.91 | -12.32% | Buy |
CGNX Forecast FAQ
Is Cognex a good buy?
No, according to 13 Wall Street analysts, Cognex (CGNX) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 5 'Buy' recommendations, accounting for 46.15% of CGNX's total ratings.
What is CGNX's price target?
Cognex (CGNX) average price target is $49.5 with a range of $39 to $75, implying a 28.01% from its last price of $38.67. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cognex stock go up soon?
According to Wall Street analysts' prediction for CGNX stock, the company can go up by 28.01% (from the last price of $38.67 to the average price target of $49.5), up by 93.95% based on the highest stock price target, and up by 0.85% based on the lowest stock price target.
Can Cognex stock reach $60?
CGNX's highest twelve months analyst stock price target of $75 supports the claim that Cognex can reach $60 in the near future.
What are Cognex's analysts' financial forecasts?
Cognex's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.02B (high $1.04B, low $1.01B), average EBITDA is $249.8M (high $255.2M, low $246.76M), average net income is $175.45M (high $180.38M, low $172.68M), average SG&A $351.86M (high $359.47M, low $347.59M), and average EPS is $1.02 (high $1.04, low $1). CGNX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.15B (high $1.17B, low $1.13B), average EBITDA is $280.37M (high $286.43M, low $276.96M), average net income is $209.01M (high $214.88M, low $205.7M), average SG&A $394.92M (high $403.46M, low $390.12M), and average EPS is $1.21 (high $1.24, low $1.19).
Did the CGNX's actual financial results beat the analysts' financial forecasts?
Based on Cognex's last annual report (Dec 2022), the company's revenue was $1.01B, beating the average analysts forecast of $999.59M by 0.65%. Apple's EBITDA was $286.64M, missing the average prediction of $318.81M by -10.09%. The company's net income was $215.52M, missing the average estimation of $273.35M by -21.15%. Apple's SG&A was $312.11M, missing the average forecast of $341.93M by -8.72%. Lastly, the company's EPS was $1.24, beating the average prediction of $1.22 by 1.56%. In terms of the last quarterly report (Sep 2023), Cognex's revenue was $197.24M, beating the average analysts' forecast of $193.74M by 1.81%. The company's EBITDA was $28.94M, missing the average prediction of $47.34M by -38.85%. Cognex's net income was $18.92M, missing the average estimation of $23.88M by -20.80%. The company's SG&A was $82.31M, beating the average forecast of $66.68M by 23.44%. Lastly, the company's EPS was $0.11, missing the average prediction of $0.138 by -20.45%