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

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Analyst price target for CGNX

Based on 8 analysts offering 12 month price targets for Cognex Corp.
Min Forecast
$45.00+0.27%
Avg Forecast
$57.75+28.68%
Max Forecast
$75.00+67.11%

Should I buy or sell CGNX stock?

Based on 10 analysts offering ratings for Cognex Corp.
Buy
Strong Buy
2 analysts 20%
Buy
4 analysts 40%
Hold
3 analysts 30%
Sell
0 analysts 0%
Strong Sell
1 analysts 10%

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CGNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Top 2%
99
BuyMaintains$52.00+15.86%2022-09-20
JP Morgan
Top 23%
78
Strong SellDowngradesN/AN/A2022-08-12
Morgan Stanley
Top 7%
94
HoldMaintains$45.00+0.27%2022-08-04
Cowen & Co.
Top 36%
65
BuyMaintains$55.00+22.55%2022-08-03
Raymond James
Bottom 7%
7
Strong BuyMaintains$75.00+67.11%2022-08-03
Bernstein
Bottom 48%
48
BuyUpgrades$65.00+44.83%2022-08-03
Stephens & Co.
Top 10%
91
HoldDowngrades$45.00+0.27%2022-08-03
Anonymous
Goldman Sachs
Strong SellMaintains$41.00-8.65%2022-06-23
HoldMaintains$50.00+11.41%2022-05-26
Daiwa Capital
Top 24%
77
BuyUpgrades$75.00+67.11%2022-01-25

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Forecast return on equity

Is CGNX forecast to generate an efficient return?
Company
18.71%
Industry
21.19%
Market
110.54%
CGNX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CGNX forecast to generate an efficient return on assets?
Company
13.39%
Industry
11.78%
CGNX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CGNX earnings per share forecast

What is CGNX's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.01-32.21%
Avg 2 year Forecast
$1.28-14.09%
Avg 3 year Forecast
$1.50+0.67%
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
$962.4M-11.38%
Avg 2 year Forecast
$1.0B-4.19%
Avg 3 year Forecast
$1.1B+4.25%
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
-7.64%
Industry
14.95%
Market
19.09%
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
-1.9%
Industry
4.31%
Market
8.49%
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$44.88$57.75+28.68%Buy
ST$40.55$56.50+39.33%Buy
COHR$38.39$66.50+73.22%Hold
MKSI$89.25$142.86+60.06%Strong Buy
NOVT$122.94N/AN/ABuy

Cognex Stock Forecast FAQ

Is Cognex Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: CGNX) stock is to Buy CGNX stock.

Out of 10 analysts, 2 (20%) are recommending CGNX as a Strong Buy, 4 (40%) are recommending CGNX as a Buy, 3 (30%) are recommending CGNX as a Hold, 0 (0%) are recommending CGNX as a Sell, and 1 (10%) 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 2022-2024?

(NASDAQ: CGNX) Cognex's forecast annual earnings growth rate of -7.64% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 14.95%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.09%.

Cognex's earnings in 2022 is $258,669,000.On average, 5 Wall Street analysts forecast CGNX's earnings for 2022 to be $175,130,932, with the lowest CGNX earnings forecast at $142,185,509, and the highest CGNX earnings forecast at $246,223,686. On average, 6 Wall Street analysts forecast CGNX's earnings for 2023 to be $221,948,111, with the lowest CGNX earnings forecast at $197,672,537, and the highest CGNX earnings forecast at $272,233,230.

In 2024, CGNX is forecast to generate $260,095,443 in earnings, with the lowest earnings forecast at $260,095,443 and the highest earnings forecast at $260,095,443.

What is CGNX's revenue growth forecast for 2022-2024?

(NASDAQ: CGNX) Cognex's forecast annual revenue growth rate of -1.9% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 4.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.49%.

Cognex's revenue in 2022 is $1,085,948,000.On average, 3 Wall Street analysts forecast CGNX's revenue for 2022 to be $166,876,542,641, with the lowest CGNX revenue forecast at $160,080,075,318, and the highest CGNX revenue forecast at $172,689,502,395. On average, 3 Wall Street analysts forecast CGNX's revenue for 2023 to be $180,413,643,464, with the lowest CGNX revenue forecast at $166,611,938,877, and the highest CGNX revenue forecast at $194,351,984,858.

In 2024, CGNX is forecast to generate $196,294,551,023 in revenue, with the lowest revenue forecast at $179,940,963,346 and the highest revenue forecast at $208,835,833,094.

What is CGNX's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: CGNX) forecast ROA is 13.39%, which is higher than the forecast US Scientific & Technical Instruments industry average of 11.78%.

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 $57.75, with the highest CGNX stock price forecast at $75.00 and the lowest CGNX stock price forecast at $45.00.

On average, Wall Street analysts predict that Cognex's share price could reach $57.75 by Sep 20, 2023. The average Cognex stock price prediction forecasts a potential upside of 28.68% from the current CGNX share price of $44.88.

What is CGNX's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: CGNX) Cognex's current Earnings Per Share (EPS) is $1.49. On average, analysts forecast that CGNX's EPS will be $1.01 for 2022, with the lowest EPS forecast at $0.82, and the highest EPS forecast at $1.42. On average, analysts forecast that CGNX's EPS will be $1.28 for 2023, with the lowest EPS forecast at $1.14, and the highest EPS forecast at $1.57. In 2024, CGNX's EPS is forecast to hit $1.50 (min: $1.50, max: $1.50).

What is CGNX's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: CGNX) forecast ROE is 18.71%, which is considered weak.
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