Cognex (CGNX) Stock Forecast, Price Target & Predictions


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CGNX Stock Forecast


Cognex stock forecast is as follows: an average price target of $50.50 (represents a 23.62% upside from CGNX’s last price of $40.85) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

CGNX Price Target


The average price target for Cognex (CGNX) is $50.50 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $39.00. This represents a potential 23.62% upside from CGNX's last price of $40.85.

CGNX Analyst Ratings


Buy

According to 14 Wall Street analysts, Cognex's rating consensus is 'Buy'. The analyst rating breakdown for CGNX stock is 1 'Strong Buy' (7.14%), 6 'Buy' (42.86%), 6 'Hold' (42.86%), 1 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).

Cognex Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Tommy MollStephens$55.00$39.6938.57%34.64%
Aug 05, 2024Guy HardwickLoop Capital Markets$44.00$37.2318.18%7.71%
Aug 05, 2024Matthew SummervilleD.A. Davidson$39.00$37.224.80%-4.53%
Jul 29, 2024James RicchiutiNeedham$57.00$49.7214.64%39.53%
May 07, 2024Helen FangHSBC$52.00$45.9013.29%27.29%
May 03, 2024James RicchiutiNeedham$48.00$43.3610.70%17.50%
Mar 19, 2024Damian KarasUBS$54.00$41.1731.16%32.19%
Mar 13, 2024Jamie CookTruist Financial$47.00$40.8715.00%15.06%
Dec 13, 2022-Credit Suisse$41.00$49.81-17.69%0.37%
Sep 20, 2022Brian GesualeRaymond James$75.00$44.5168.50%83.60%
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The latest Cognex stock forecast, released on Oct 16, 2024 by Tommy Moll from Stephens, set a price target of $55.00, which represents a 38.57% increase from the stock price at the time of the forecast ($39.69), and a 34.64% increase from CGNX last price ($40.85).

Cognex Price Target by Period


1M3M12M
# Anlaysts138
Avg Price Target$55.00$46.00$49.50
Last Closing Price$40.85$40.85$40.85
Upside/Downside34.64%12.61%21.18%

In the current month, the average price target of Cognex stock is $55.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 34.64% increase as opposed to Cognex's last price of $40.85. This month's average price target is up 19.57% compared to last quarter, and up 11.11% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024StephensEqual-WeightOverweightUpgrade
Sep 25, 2024Cowen & Co.HoldHoldHold
Jul 29, 2024NeedhamBuyBuyHold
Jul 23, 2024Vertical Research-BuyInitialise
May 07, 2024HSBC-BuyUpgrade
May 03, 2024BernsteinOutperformOutperformHold
May 03, 2024StephensEqual-WeightEqual-WeightHold
May 03, 2024NeedhamBuyBuyHold
Apr 08, 2024CitigroupNeutralNeutralHold
Mar 19, 2024UBS-BuyUpgrade
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Cognex's last stock rating was published by Stephens on Oct 16, 2024. The company Upgrade its CGNX rating from "Equal-Weight" to "Overweight".

Cognex Financial Forecast


Cognex Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$281.81M$302.68M$294.13M$258.67M$253.08M$266.00M$263.34M$229.97M$222.48M$233.86M$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$293.82M$315.59M$306.67M$269.70M$263.87M$277.34M$274.57M$232.25M$229.06M$233.89M$240.33M$209.65M$190.74M$196.66M$247.32M$201.65M$255.25M$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
Low Forecast$271.54M$291.66M$283.42M$249.25M$243.86M$256.31M$253.75M$227.68M$219.10M$233.84M$240.33M$193.75M$187.18M$185.38M$228.57M$186.36M$235.89M$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
# Analysts3334345794113128855556669987655
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3334345794113128855556669987655
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$68.85M$73.95M$71.86M$63.20M$61.83M$64.99M$64.34M$56.19M$54.36M$57.14M$58.72M$103.50M$46.22M$47.34M$57.96M$94.09M$62.61M$48.79M$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$71.79M$77.11M$74.93M$65.89M$64.47M$67.76M$67.08M$56.74M$55.96M$57.14M$58.72M$124.19M$46.60M$48.05M$60.43M$112.90M$75.13M$48.79M$67.95M$102.64M$54.77M$70.58M$64.81M$97.94M$50.18M$52.35M$36.91M$21.28M$39.47M$43.34M
Low Forecast$66.34M$71.26M$69.25M$60.90M$59.58M$62.62M$62.00M$55.63M$53.53M$57.13M$58.72M$82.80M$45.73M$45.29M$55.84M$75.27M$50.09M$48.79M$67.95M$68.43M$54.77M$70.58M$64.81M$65.29M$50.18M$52.35M$36.91M$14.19M$39.47M$43.34M
Surprise %-------------0.61%1.12%0.25%0.86%0.95%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3334345794113128855556669987655
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$57.01M$67.37M$58.16M$36.85M$42.77M$49.02M$47.33M$28.55M$26.00M$31.30M$32.88M$75.21M$12.24M$23.89M$44.43M$68.37M$53.36M$23.02M$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$60.17M$71.11M$61.38M$38.90M$45.14M$51.74M$49.95M$32.12M$27.73M$31.37M$32.90M$90.25M$12.92M$27.30M$46.89M$82.04M$64.03M$23.02M$69.81M$74.58M$37.45M$78.73M$72.02M$81.42M$49.70M$56.09M$16.76M$13.51M$21.59M$34.81M
Low Forecast$54.31M$64.18M$55.41M$35.11M$40.74M$46.70M$45.09M$24.98M$22.53M$31.23M$32.85M$60.16M$11.13M$22.18M$42.33M$54.70M$42.69M$23.02M$69.81M$49.72M$37.45M$78.73M$72.02M$54.28M$49.70M$56.09M$16.76M$9.01M$21.59M$34.81M
Surprise %-------------0.79%1.29%0.37%1.04%1.48%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 $12.92M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3334345794113128855556669987655
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$96.98M$104.17M$101.23M$89.02M$87.10M$91.55M$90.63M$79.14M$76.57M$80.49M$82.71M$92.48M$65.10M$66.68M$81.64M$84.07M$89.70M$68.72M$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$101.12M$108.61M$105.54M$92.82M$90.81M$95.45M$94.49M$79.93M$78.83M$80.49M$82.71M$110.98M$65.64M$67.68M$85.12M$100.89M$107.64M$68.72M$95.71M$91.72M$77.16M$99.43M$91.29M$84.43M$70.69M$73.74M$52.00M$45.63M$55.59M$61.05M
Low Forecast$93.45M$100.37M$97.54M$85.78M$83.92M$88.21M$87.33M$78.35M$75.40M$80.48M$82.71M$73.99M$64.42M$63.80M$78.66M$67.26M$71.76M$68.72M$95.71M$61.15M$77.16M$99.43M$91.29M$56.28M$70.69M$73.74M$52.00M$30.42M$55.59M$61.05M
Surprise %-------------1.23%1.02%0.99%0.85%1.10%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3334345794113128855556669987655
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$0.33$0.39$0.34$0.21$0.25$0.28$0.27$0.17$0.15$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$0.35$0.41$0.36$0.23$0.26$0.30$0.29$0.19$0.16$0.18$0.19$0.07$0.07$0.16$0.27$0.08$0.32$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
Low Forecast$0.31$0.37$0.32$0.20$0.24$0.27$0.26$0.14$0.13$0.18$0.19$0.07$0.06$0.13$0.25$0.07$0.29$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
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
STSensata Technologies$33.64$51.2552.35%Buy
MKSIMKS Instruments$99.57$143.0943.71%Buy
CGNXCognex$40.85$50.5023.62%Buy
FTVFortive$71.16$86.6321.74%Buy
VPGVishay Precision Group$23.61$27.0014.36%-
ESEESCO$128.21$145.0013.10%Buy
TDYTeledyne$457.92$496.808.49%Buy
MLABMesa Laboratories$118.45$120.001.31%Buy
NOVTNovanta$174.17$175.000.48%Buy
COHRCoherent$90.91$85.83-5.59%Buy
VNTVontier$37.08$32.67-11.89%Buy
ITRIItron$114.97$89.91-21.80%Buy

CGNX Forecast FAQ


Yes, according to 14 Wall Street analysts, Cognex (CGNX) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 50.00% of CGNX's total ratings.

Cognex (CGNX) average price target is $50.5 with a range of $39 to $75, implying a 23.62% from its last price of $40.85. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for CGNX stock, the company can go up by 23.62% (from the last price of $40.85 to the average price target of $50.5), up by 83.60% based on the highest stock price target, and down by -4.53% based on the lowest stock price target.

CGNX's highest twelve months analyst stock price target of $75 supports the claim that Cognex can reach $60 in the near future.

1 Wall Street analyst forecast a $55 price target for Cognex (CGNX) this month, up 34.64% from its last price of $40.85. Compared to the last 3 and 12 months, the average price target increased by 12.61% and increased by 21.18%, respectively.

Cognex's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.01B (high $1.05B, low $981.59M), average EBITDA is $247.35M (high $256.06M, low $239.82M), average net income is $167.67M (high $178.95M, low $157.51M), average SG&A $348.42M (high $360.68M, low $337.82M), and average EPS is $0.971 (high $1.04, low $0.912). CGNX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.14B (high $1.19B, low $1.1B), average EBITDA is $277.87M (high $289.71M, low $267.74M), average net income is $219.4M (high $231.55M, low $209.01M), average SG&A $391.4M (high $408.09M, low $377.14M), and average EPS is $1.27 (high $1.34, low $1.21).

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, beating the average prediction of $264.88M by 8.21%. The company's net income was $215.52M, beating the average estimation of $208.34M by 3.45%. Apple's SG&A was $312.11M, missing the average forecast of $330.57M by -5.59%. 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 $23.89M by -20.81%. 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%