Cognex (CGNX) Stock Forecast, Price Target & Predictions
CGNX Stock Forecast
Cognex stock forecast is as follows: an average price target of $50.50 (represents a 29.32% upside from CGNX’s last price of $39.05) 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 29.32% upside from CGNX's last price of $39.05.
CGNX Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Tommy Moll | Stephens | $55.00 | $39.69 | 38.57% | 40.85% |
| Aug 05, 2024 | Guy Hardwick | Loop Capital Markets | $44.00 | $37.23 | 18.18% | 12.68% |
| Aug 05, 2024 | Matthew Summerville | D.A. Davidson | $39.00 | $37.22 | 4.80% | -0.13% |
| Jul 29, 2024 | James Ricchiuti | Needham | $57.00 | $49.72 | 14.64% | 45.97% |
| May 07, 2024 | Helen Fang | HSBC | $52.00 | $45.90 | 13.29% | 33.16% |
| May 03, 2024 | James Ricchiuti | Needham | $48.00 | $43.36 | 10.70% | 22.92% |
| Mar 19, 2024 | Damian Karas | UBS | $54.00 | $41.17 | 31.16% | 38.28% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $47.00 | $40.87 | 15.00% | 20.36% |
| Dec 13, 2022 | - | Credit Suisse | $41.00 | $49.81 | -17.69% | 4.99% |
| Sep 20, 2022 | Brian Gesuale | Raymond James | $75.00 | $44.51 | 68.50% | 92.06% |
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 40.85% increase from CGNX last price ($39.05).
Cognex Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 8 |
| Avg Price Target | - | $55.00 | $49.50 |
| Last Closing Price | $39.05 | $39.05 | $39.05 |
| Upside/Downside | -100.00% | 40.85% | 26.76% |
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 $39.05. 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 |
|---|---|---|---|---|
| Oct 16, 2024 | Stephens | Equal-Weight | Overweight | Upgrade |
| Sep 25, 2024 | Cowen & Co. | Hold | Hold | Hold |
| 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 |
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 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 | $279.02M | $299.99M | $292.16M | $258.88M | $251.96M | $265.66M | $262.90M | $229.50M | $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 | $283.29M | $304.57M | $296.62M | $262.83M | $255.81M | $269.72M | $266.91M | $230.65M | $222.58M | $233.89M | $240.33M | $204.14M | $190.74M | $196.66M | $240.83M | $196.36M | $248.55M | $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 | $273.90M | $294.48M | $286.80M | $254.13M | $247.34M | $260.79M | $258.07M | $228.34M | $219.89M | $233.84M | $240.33M | $197.38M | $187.18M | $185.38M | $232.86M | $189.86M | $240.32M | $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 |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 8 | 10 | 8 | 1 | 1 | 3 | 12 | 8 | 8 | 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 8 | 10 | 8 | 1 | 1 | 3 | 12 | 8 | 8 | 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 | $72.55M | $78.00M | $75.97M | $67.31M | $65.52M | $69.08M | $68.36M | $59.68M | $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 | $73.66M | $79.19M | $77.13M | $68.34M | $66.52M | $70.13M | $69.40M | $59.97M | $57.88M | $60.82M | $62.49M | $124.19M | $49.60M | $51.14M | $62.62M | $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 | $71.22M | $76.57M | $74.57M | $66.08M | $64.31M | $67.81M | $67.10M | $59.37M | $57.18M | $60.80M | $62.49M | $82.80M | $48.67M | $48.20M | $60.55M | $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 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 8 | 10 | 8 | 1 | 1 | 3 | 12 | 8 | 8 | 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 | $54.91M | $65.93M | $58.05M | $38.88M | $41.97M | $48.54M | $47.07M | $28.18M | $25.43M | $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 | $56.00M | $67.24M | $59.20M | $39.65M | $42.81M | $49.50M | $48.00M | $28.74M | $30.52M | $31.37M | $32.90M | $90.25M | $12.02M | $27.40M | $45.31M | $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 | $53.60M | $64.36M | $56.66M | $37.95M | $40.97M | $47.38M | $45.95M | $27.50M | $20.35M | $31.23M | $32.85M | $60.16M | $10.72M | $22.26M | $43.37M | $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 $12.02M. 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 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 8 | 10 | 8 | 1 | 1 | 3 | 12 | 8 | 8 | 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 | $96.03M | $103.24M | $100.55M | $89.09M | $86.71M | $91.43M | $90.48M | $78.98M | $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 | $97.49M | $104.82M | $102.08M | $90.45M | $88.04M | $92.82M | $91.86M | $79.38M | $76.60M | $80.49M | $82.71M | $110.98M | $65.64M | $67.68M | $82.88M | $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 | $94.26M | $101.35M | $98.70M | $87.46M | $85.12M | $89.75M | $88.82M | $78.58M | $75.68M | $80.48M | $82.71M | $73.99M | $64.42M | $63.80M | $80.14M | $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 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 8 | 10 | 8 | 1 | 1 | 3 | 12 | 8 | 8 | 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 | $0.32 | $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 | $0.32 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ST | Sensata Technologies | $30.72 | $50.25 | 63.57% | Buy |
| MKSI | MKS Instruments | $108.35 | $143.09 | 32.06% | Buy |
| CGNX | Cognex | $39.05 | $50.50 | 29.32% | Buy |
| VPG | Vishay Precision Group | $21.45 | $27.00 | 25.87% | - |
| MLAB | Mesa Laboratories | $98.59 | $120.00 | 21.72% | Buy |
| FTV | Fortive | $75.75 | $86.50 | 14.19% | Buy |
| NOVT | Novanta | $164.94 | $175.00 | 6.10% | Buy |
| TDY | Teledyne | $470.45 | $496.80 | 5.60% | Buy |
| ESE | ESCO | $146.99 | $145.00 | -1.35% | Buy |
| VNT | Vontier | $37.39 | $32.67 | -12.62% | Buy |
| COHR | Coherent | $103.38 | $88.46 | -14.43% | Buy |
| ITRI | Itron | $114.11 | $89.91 | -21.21% | Buy |