Cognex (CGNX) Stock Forecast, Price Target & Predictions


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CGNX Stock Forecast


Cognex (CGNX) stock forecast, based on 15 Wall Street analysts, predicts a 12-month average price target of $46.00, with a high of $55.00 and a low of $39.00. This represents a 17.35% increase from the last price of $39.20.

$35 $39 $43 $47 $51 $55 High: $55 Avg: $46 Low: $39 Last Closed Price: $39.2

CGNX Stock Rating


Cognex stock's rating consensus is Buy, based on 15 Wall Street analysts. The breakdown includes 1 Strong Buy (6.67%), 7 Buy (46.67%), 6 Hold (40.00%), 1 Sell (6.67%), and 0 Strong Sell (0.00%).

Buy
Total 15 0 1 6 7 1 Strong Sell Sell Hold Buy Strong Buy

CGNX Forecast vs Benchmarks


TypeNameUpside
StockCognex17.35%
SectorTechnology Stocks 13.03%

Price Target Trends


1M3M12M
# Anlaysts--8
Avg Price Target--$49.50
Last Closing Price$39.20$39.20$39.20
Upside/Downside--26.28%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 252910-122
Dec, 242910-122
Nov, 2429101123
Oct, 243991123
Sep, 243891122
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Tommy MollStephens$55.00$39.6938.57%40.31%
Aug 05, 2024Guy HardwickLoop Capital Markets$44.00$37.2318.18%12.24%
Aug 05, 2024Matthew SummervilleD.A. Davidson$39.00$37.224.78%-0.51%
Jul 29, 2024James RicchiutiNeedham$57.00$49.7214.64%45.41%
May 07, 2024Helen FangHSBC$52.00$45.9013.29%32.65%
May 03, 2024James RicchiutiNeedham$48.00$43.3610.70%22.45%
Mar 19, 2024Damian KarasUBS$54.00$41.1731.16%37.76%
Mar 13, 2024Jamie CookTruist Financial$47.00$40.8715.00%19.90%
Dec 13, 2022Credit Suisse$41.00$49.81-17.69%4.59%
Sep 20, 2022Brian GesualeRaymond James$75.00$44.5168.50%91.33%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Dec 20, 2024Cantor FitzgeraldOverweightinitialise
Oct 16, 2024StephensEqual-WeightOverweightupgrade
Sep 25, 2024Cowen & Co.HoldHoldhold
Jul 29, 2024NeedhamBuyBuyhold
Jul 23, 2024Vertical ResearchBuyinitialise
May 07, 2024HSBCBuyupgrade
May 03, 2024BernsteinOutperformOutperformhold
May 03, 2024StephensEqual-WeightEqual-Weighthold
May 03, 2024NeedhamBuyBuyhold
Apr 08, 2024CitigroupNeutralNeutralhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.02$1.59$1.24$0.66-----
Avg Forecast$0.90$1.46$1.22$0.67$0.62$0.93$1.29$1.58$2.06
High Forecast$0.88$1.42$1.19$0.65$0.57$0.87$1.03$1.40$1.98
Low Forecast$0.94$1.53$1.26$0.68$0.65$1.00$1.67$1.77$2.13
Surprise %13.33%8.90%1.64%-1.49%-----

Revenue Forecast

$750M $890M $1B $1B $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$811.02M$1.04B$1.01B$837.55M-----
Avg Forecast$794.80M$1.02B$1.01B$830.18M$905.92M$1.00B$1.13B$1.26B$1.38B
High Forecast$777.74M$994.51M$989.26M$828.20M$904.41M$990.98M$1.13B$1.26B$1.34B
Low Forecast$822.77M$1.05B$1.03B$831.78M$906.92M$1.01B$1.14B$1.26B$1.41B
Surprise %2.04%2.04%-0.47%0.89%-----

Net Income Forecast

$50M $120M $190M $260M $330M $400M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$176.19M$279.88M$215.53M$113.23M-----
Avg Forecast$116.82M$258.24M$264.72M$113.23M$105.82M$160.54M$226.41M$269.42M$356.70M
High Forecast$93.27M$206.59M$211.78M$90.59M$99.50M$151.43M$177.79M$242.64M$343.51M
Low Forecast$140.37M$309.89M$317.66M$135.88M$112.14M$174.06M$290.36M$306.76M$369.18M
Surprise %50.82%8.38%-18.58%------

CGNX Forecast FAQ


Is Cognex stock a buy?

Cognex stock has a consensus rating of Buy, based on 15 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 7 Buy, 6 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Cognex is a favorable investment for most analysts.

What is Cognex's price target?

Cognex's price target, set by 15 Wall Street analysts, averages $46 over the next 12 months. The price target range spans from $39 at the low end to $55 at the high end, suggesting a potential 17.35% change from the previous close price of $39.2.

How does Cognex stock forecast compare to the average forecast of its sector, industry, and investment themes?

Cognex stock forecast shows a 17.35% upside, outperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Cognex over the past three months?

  • January 2025: 9.09% Strong Buy, 40.91% Buy, 45.45% Hold, 0% Sell, 4.55% Strong Sell.
  • December 2024: 9.09% Strong Buy, 40.91% Buy, 45.45% Hold, 0% Sell, 4.55% Strong Sell.
  • November 2024: 8.70% Strong Buy, 39.13% Buy, 43.48% Hold, 4.35% Sell, 4.35% Strong Sell.

What is Cognex’s EPS forecast?

Cognex's average annual EPS forecast for its fiscal year ending in December is 0.62 for 2024, a -6.06% decrease from the reported $0.66 in 2023. The prediction for 2025 is $0.93, $1.29 for 2026, $1.58 for 2027, and $2.06 for 2028.

What is Cognex’s revenue forecast?

Cognex's average annual revenue forecast for its fiscal year ending in December is $905.92M for 2024, a 8.16% increase from the reported $837.55M in 2023. The forecast for 2025 is $1B, $1.13B for 2026, $1.26B for 2027, and $1.38B for 2028.

What is Cognex’s net income forecast?

For its fiscal year ending in December, Cognex's average annual net income forecast is $105.82M for 2024, reflecting a -6.55% decrease from the reported $113.23M in 2023. The projection for 2025 is $160.54M, $226.41M for 2026, $269.42M for 2027, and $356.7M for 2028.