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NASDAQ: CGNX
Cognex Corp Stock Forecast, Predictions & Price Target

Analyst price target for CGNX

Based on 8 analysts offering 12 month price targets for Cognex Corp.
Min Forecast
$41.00-19.58%
Avg Forecast
$49.25-3.39%
Max Forecast
$55.00+7.89%

Should I buy or sell CGNX stock?

Based on 8 analysts offering ratings for Cognex Corp.
Buy
Strong Buy
3 analysts 37.5%
Buy
2 analysts 25%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

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CGNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-02
lockedlocked$00.00+00.00%2024-05-07
lockedlocked$00.00+00.00%2024-05-06
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03
Needham
Top 1%
100
BuyMaintains$48.00-5.85%2024-05-03
Baird
Top 9%
92
HoldMaintains$44.00-13.69%2024-05-03
HoldMaintains$43.00-15.65%2024-04-08
UBS
Top 32%
69
Strong BuyUpgrades$54.00+5.92%2024-03-19

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Forecast return on equity

Is CGNX forecast to generate an efficient return?
Company
N/A
Industry
17.61%
Market
63.33%

Forecast return on assets

Is CGNX forecast to generate an efficient return on assets?
Company
N/A
Industry
10.46%

CGNX earnings per share forecast

What is CGNX's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$0.46-20%
Avg 2 year Forecast
$0.87+49.66%
CGNX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CGNX revenue forecast

What is CGNX's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$923.9M+9.05%
Avg 2 year Forecast
$1.1B+27.61%
Avg 3 year Forecast
$1.3B+50.02%
CGNX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CGNX earnings growth forecast

How is CGNX forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
22.33%
Industry
12.52%
Market
20.68%
CGNX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CGNX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CGNX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CGNX revenue growth forecast

How is CGNX forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
13.39%
Industry
5.16%
Market
9.93%
CGNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CGNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CGNX vs Scientific & Technical Instrument Stocks

TickerPricePrice TargetUp/downsideConsensus
CGNX$50.98$49.25-3.39%Buy
MKSI$143.52$147.86+3.02%Strong Buy
NOVT$171.82N/AN/A
ST$40.70$45.00+10.57%Hold
VNT$39.60$47.00+18.69%Strong Buy

Cognex Stock Forecast FAQ

Is Cognex Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: CGNX) stock is to Buy CGNX stock.

Out of 8 analysts, 3 (37.5%) are recommending CGNX as a Strong Buy, 2 (25%) are recommending CGNX as a Buy, 2 (25%) are recommending CGNX as a Hold, 0 (0%) are recommending CGNX as a Sell, and 1 (12.5%) are recommending CGNX as a Strong Sell.

If you're new to stock investing, here's how to buy Cognex stock.

What is CGNX's earnings growth forecast for 2024-2025?

(NASDAQ: CGNX) Cognex's forecast annual earnings growth rate of 22.33% is forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 12.52%, and it is also forecast to beat the US market's average forecast earnings growth rate of 20.68%.

Cognex's earnings in 2024 is $99,641,000.On average, 5 Wall Street analysts forecast CGNX's earnings for 2024 to be $79,651,194, with the lowest CGNX earnings forecast at $56,648,478, and the highest CGNX earnings forecast at $94,414,131.

In 2025, CGNX is forecast to generate $149,002,665 in earnings, with the lowest earnings forecast at $113,296,957 and the highest earnings forecast at $163,078,953.

What is CGNX's revenue growth forecast for 2024-2026?

(NASDAQ: CGNX) Cognex's forecast annual revenue growth rate of 13.39% is forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 5.16%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.93%.

Cognex's revenue in 2024 is $847,220,000.On average, 3 Wall Street analysts forecast CGNX's revenue for 2024 to be $158,592,737,028, with the lowest CGNX revenue forecast at $153,122,553,952, and the highest CGNX revenue forecast at $162,237,809,126. On average, 3 Wall Street analysts forecast CGNX's revenue for 2025 to be $185,590,028,576, with the lowest CGNX revenue forecast at $181,515,458,014, and the highest CGNX revenue forecast at $191,403,192,440.

In 2026, CGNX is forecast to generate $218,182,473,176 in revenue, with the lowest revenue forecast at $218,182,473,176 and the highest revenue forecast at $218,182,473,176.

What is CGNX's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: CGNX) forecast ROA is N/A, which is lower than the forecast US Scientific & Technical Instruments industry average of 10.46%.

What is CGNX's Price Target?

According to 8 Wall Street analysts that have issued a 1 year CGNX price target, the average CGNX price target is $49.25, with the highest CGNX stock price forecast at $55.00 and the lowest CGNX stock price forecast at $41.00.

On average, Wall Street analysts predict that Cognex's share price could fall to $49.25 by Jul 2, 2025. The average Cognex stock price prediction forecasts a potential downside of 3.39% from the current CGNX share price of $50.98.

What is CGNX's Earnings Per Share (EPS) forecast for 2024-2025?

(NASDAQ: CGNX) Cognex's current Earnings Per Share (EPS) is $0.58. On average, analysts forecast that CGNX's EPS will be $0.46 for 2024, with the lowest EPS forecast at $0.33, and the highest EPS forecast at $0.55. In 2025, CGNX's EPS is forecast to hit $0.87 (min: $0.66, max: $0.95).

What is CGNX's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: CGNX) forecast ROE is N/A, which is considered weak.
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