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

OverviewForecast
EarningsDividendOwnership

Analyst price target for CGNX

Based on 4 analysts offering 12 month price targets for Cognex Corp.
Min Forecast
$46.00+7.73%
Avg Forecast
$48.50+13.58%
Max Forecast
$55.00+28.81%

Should I buy or sell CGNX stock?

Based on 4 analysts offering ratings for Cognex Corp.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 25%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 25%

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CGNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Top 4%
97
BuyReiterates$55.00+28.81%2023-09-01
Citigroup
HoldInitiates Coverage On$52.00+21.78%2023-08-30
Credit Suisse
Bottom 20%
20
HoldMaintains$46.00+7.73%2023-08-07
Morgan Stanley
Top 3%
98
Strong SellMaintains$46.00+7.73%2023-08-04
Stephens & Co.
Top 16%
85
HoldReiterates$47.00+10.07%2023-06-20

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Forecast return on equity

Is CGNX forecast to generate an efficient return?
Company
17.46%
Industry
17.91%
Market
48.83%
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
12.93%
Industry
10.39%
CGNX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CGNX earnings growth forecast

How is CGNX forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
31.14%
Industry
43.64%
Market
66%
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
16.55%
Industry
3.32%
Market
11.74%
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$42.70$48.50+13.58%Hold
MKSI$85.05$108.25+27.28%Strong Buy
ST$36.54$50.00+36.84%Buy
NOVT$139.43$161.00+15.47%Hold
COHR$32.18$41.53+29.05%Strong Buy
View Top Scientific & Technical Instrument Stocks

Cognex Stock Forecast FAQ

Is Cognex Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: CGNX) stock is to Hold CGNX stock.

Out of 4 analysts, 0 (0%) are recommending CGNX as a Strong Buy, 1 (25%) are recommending CGNX as a Buy, 2 (50%) are recommending CGNX as a Hold, 0 (0%) are recommending CGNX as a Sell, and 1 (25%) 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 forecast return on equity (ROE) for 2023-2024?

(NASDAQ: CGNX) forecast ROE is 17.46%, which is considered weak.

What is CGNX's Price Target?

According to 4 Wall Street analysts that have issued a 1 year CGNX price target, the average CGNX price target is $48.50, with the highest CGNX stock price forecast at $55.00 and the lowest CGNX stock price forecast at $46.00.

On average, Wall Street analysts predict that Cognex's share price could reach $48.50 by Sep 1, 2024. The average Cognex stock price prediction forecasts a potential upside of 13.58% from the current CGNX share price of $42.70.

What is CGNX's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: CGNX) forecast ROA is 12.93%, which is higher than the forecast US Scientific & Technical Instruments industry average of 10.39%.
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