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Cognex (CGNX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CGNX Stock Forecast

Cognex stock forecast is as follows: an average price target of $48.75 (represents a 36.29% upside from CGNX’s last price of $35.77) 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 $48.75 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $57.00 to $39.00. This represents a potential 36.29% upside from CGNX's last price of $35.77.

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%53.76%
Aug 05, 2024Guy HardwickLoop Capital Markets$44.00$37.2318.18%23.01%
Aug 05, 2024Matthew SummervilleD.A. Davidson$39.00$37.224.80%9.03%
Jul 29, 2024James RicchiutiNeedham$57.00$49.7214.64%59.35%
May 07, 2024Helen FangHSBC$52.00$45.9013.29%45.37%
May 03, 2024James RicchiutiNeedham$48.00$43.3610.70%34.19%
Mar 19, 2024Damian KarasUBS$54.00$41.1731.16%50.96%
Mar 13, 2024Jamie CookTruist Financial$47.00$40.8715.00%31.40%
Dec 13, 2022Credit Suisse$41.00$49.81-17.69%14.62%
Sep 20, 2022Brian GesualeRaymond James$75.00$44.5168.50%109.67%
Sep 20, 2022Needham$52.00$43.7618.83%45.37%
Aug 15, 2022Tommy MollStephens$45.00$48.35-6.93%25.80%
Aug 03, 2022Needham$50.00$49.720.56%39.78%
Aug 01, 2022Needham$60.00$50.9817.69%67.74%
Jun 23, 2022Goldman Sachs$41.00$42.45-3.42%14.62%
Jun 18, 2022Brian GesualeRaymond James$80.00$42.9786.18%123.65%
May 09, 2022Raymond James$90.00$54.3465.62%151.61%
May 06, 2022Needham$80.00$61.0131.13%123.65%
Aug 09, 2021Helen FangHSBC$92.00$86.176.77%157.20%

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 53.76% increase from CGNX last price ($35.77).

Cognex Price Target by Period

1M3M12M
# Anlaysts-18
Avg Price Target-$55.00$49.50
Last Closing Price$35.77$35.77$35.77
Upside/Downside-100.00%53.76%38.38%

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 $35.77. 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

DateCompanyPrevious RatingNew RatingRating Change
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
Mar 19, 2024UBSBuyUpgrade
Nov 06, 2023Raymond JamesStrong BuyStrong BuyHold
Sep 11, 2023CFRAHoldUpgrade
Feb 23, 2023Credit SuisseUnderperformNeutralUpgrade
Dec 13, 2022Credit SuisseUnderperformInitialise
Sep 20, 2022Raymond JamesStrong BuyStrong BuyHold
Sep 20, 2022SusquehannaNeutralDowngrade
Sep 20, 2022NeedhamBuyBuyHold
Aug 03, 2022Raymond JamesStrong BuyStrong BuyHold
Aug 03, 2022BernsteinOutperformUpgrade
Aug 01, 2022NeedhamBuyBuyHold
Jun 23, 2022Goldman SachsSellSellHold
Jun 09, 2022Raymond JamesStrong BuyStrong BuyHold
Feb 18, 2022Morgan StanleyEqual-WeightEqual-WeightHold

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$279.02M$299.99M$292.16M$258.88M$251.96M$265.19M$263.06M$229.22M$221.46M$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$284.33M$305.69M$297.72M$263.80M$256.75M$270.24M$268.06M$230.37M$222.58M$233.89M$240.33M$204.90M$190.74M$196.66M$241.72M$197.08M$249.46M$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$273.01M$293.52M$285.87M$253.30M$246.54M$259.48M$257.39M$228.06M$219.89M$233.84M$240.33M$196.74M$187.18M$185.38M$232.10M$189.24M$239.54M$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
# Analysts44443338108113128855556669987655
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
# Analysts44443338108113128855556669987655
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$72.55M$78.00M$75.97M$67.31M$65.52M$68.96M$68.40M$59.60M$57.59M$60.81M$62.49M$103.50M$49.18M$50.38M$61.68M$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$73.93M$79.49M$77.41M$68.59M$66.76M$70.27M$69.70M$59.90M$57.88M$60.82M$62.49M$124.19M$49.60M$51.14M$62.85M$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$70.99M$76.32M$74.33M$65.86M$64.10M$67.47M$66.93M$59.30M$57.18M$60.80M$62.49M$82.80M$48.67M$48.20M$60.35M$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 %-------------0.57%1.06%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 $49.18M, with a high of $49.60M and a low of $48.67M. This is 69.92% 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
# Analysts44443338108113128855556669987655
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$54.91M$65.93M$58.05M$38.88M$41.97M$48.25M$47.21M$28.03M$25.27M$31.30M$32.88M$75.21M$11.79M$23.97M$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$56.27M$67.56M$59.48M$39.84M$43.01M$49.45M$48.38M$28.73M$30.33M$31.37M$32.90M$90.25M$12.08M$27.40M$45.53M$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$53.37M$64.08M$56.42M$37.79M$40.80M$46.90M$45.89M$27.25M$20.22M$31.23M$32.85M$60.16M$10.72M$22.26M$43.19M$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 $11.79M, with a range of $10.72M to $12.08M. CGNX's average Quarter net income forecast represents a -37.67% 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
# Analysts44443338108113128855556669987655
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$96.03M$103.24M$100.55M$89.09M$86.71M$91.27M$90.53M$78.89M$76.22M$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$97.85M$105.20M$102.46M$90.79M$88.36M$93.00M$92.25M$79.28M$76.60M$80.49M$82.71M$110.98M$65.64M$67.68M$83.19M$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$93.96M$101.02M$98.38M$87.17M$84.85M$89.30M$88.58M$78.49M$75.68M$80.48M$82.71M$73.99M$64.42M$63.80M$79.88M$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
# Analysts44443338108113128855556669987655
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$0.32$0.38$0.34$0.23$0.24$0.28$0.27$0.16$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$0.33$0.39$0.34$0.23$0.25$0.29$0.28$0.17$0.18$0.18$0.19$0.07$0.07$0.16$0.26$0.08$0.31$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$0.33$0.22$0.24$0.27$0.27$0.16$0.12$0.18$0.19$0.07$0.06$0.13$0.25$0.07$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
Surprise %-------------0.79%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 -37.96% 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$29.48$39.6734.57%Buy
CGNXCognex$36.57$48.7533.31%Buy
MKSIMKS Instruments$109.90$128.8017.20%Buy
FTVFortive$75.73$87.0014.88%Buy
VPGVishay Precision Group$23.82$27.0013.35%
TDYTeledyne$470.66$519.0010.27%Buy
ITRIItron$111.58$120.007.55%Buy
NOVTNovanta$165.65$175.005.64%Buy
ESEESCO$137.83$145.005.20%Buy
COHRCoherent$103.29$106.292.90%Buy
MLABMesa Laboratories$132.33$120.00-9.32%Buy
VNTVontier$38.18$32.67-14.43%Buy

CGNX Forecast FAQ

Is Cognex a good buy?

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.

What is CGNX's price target?

Cognex (CGNX) average price target is $48.75 with a range of $39 to $57, implying a 36.29% from its last price of $35.77. The data is based on 14 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 36.29% (from the last price of $35.77 to the average price target of $48.75), up by 59.35% based on the highest stock price target, and up by 9.03% based on the lowest stock price target.

Can Cognex stock reach $50?

CGNX's highest twelve months analyst stock price target of $57 supports the claim that Cognex can reach $50 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 $1.01B (high $1.03B, low $991.47M), average EBITDA is $262.47M (high $266.63M, low $257.8M), average net income is $165.47M (high $169.56M, low $160.84M), average SG&A $347.4M (high $352.9M, low $341.22M), and average EPS is $0.958 (high $0.982, low $0.931). CGNX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.13B (high $1.15B, low $1.11B), average EBITDA is $293.84M (high $299.42M, low $287.51M), average net income is $217.76M (high $223.14M, low $211.66M), average SG&A $388.91M (high $396.3M, low $380.53M), and average EPS is $1.26 (high $1.29, low $1.23).

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, 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 $50.38M by -42.54%. Cognex's net income was $18.92M, missing the average estimation of $23.97M by -21.09%. 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 $0.139 by -20.73%