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

Analyst price target for CGNX

Based on 6 analysts offering 12 month price targets for Cognex Corp.
Min Forecast
$40.00-5.84%
Avg Forecast
$47.83+12.6%
Max Forecast
$60.00+41.24%

Should I buy or sell CGNX stock?

Based on 6 analysts offering ratings for Cognex Corp.
Buy
Strong Buy
3 analysts 50%
Buy
1 analysts 16.67%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

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CGNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-19
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2023-11-06
lockedlocked$00.00+00.00%2023-11-02
lockedlocked$00.00+00.00%2023-11-01
Goldman Sachs
Top 8%
93
Strong SellMaintains$40.00-5.84%2023-10-10

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Forecast return on equity

Is CGNX forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
21.34%

Forecast return on assets

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

CGNX revenue forecast

What is CGNX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$939.4M+12.16%
Avg 2 year Forecast
$1.1B+26.44%
Avg 3 year Forecast
$1.2B+42.32%
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
88.29%
Industry
29.44%
Market
28.66%
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
12.63%
Industry
5.05%
Market
9.63%
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$42.48$47.83+12.60%Buy
VNT$44.74$44.83+0.21%Strong Buy
NOVT$173.80N/AN/A
MKSI$131.92$131.67-0.19%Strong Buy
ST$36.43$38.80+6.51%Hold

Cognex Stock Forecast FAQ

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

The consensus among 6 Wall Street analysts covering (NASDAQ: CGNX) stock is to Buy CGNX stock.

Out of 6 analysts, 3 (50%) are recommending CGNX as a Strong Buy, 1 (16.67%) are recommending CGNX as a Buy, 1 (16.67%) are recommending CGNX as a Hold, 0 (0%) are recommending CGNX as a Sell, and 1 (16.67%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: CGNX) Cognex's forecast annual revenue growth rate of 12.63% is forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 5.05%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.63%.

Cognex's revenue in 2024 is $837,547,000.On average, 4 Wall Street analysts forecast CGNX's revenue for 2024 to be $161,232,722,204, with the lowest CGNX revenue forecast at $154,641,987,126, and the highest CGNX revenue forecast at $167,068,268,888. On average, 3 Wall Street analysts forecast CGNX's revenue for 2025 to be $181,766,294,648, with the lowest CGNX revenue forecast at $179,357,243,670, and the highest CGNX revenue forecast at $183,821,436,883.

In 2026, CGNX is forecast to generate $204,587,401,392 in revenue, with the lowest revenue forecast at $204,587,401,392 and the highest revenue forecast at $204,587,401,392.

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 N/A.

What is CGNX's Price Target?

According to 6 Wall Street analysts that have issued a 1 year CGNX price target, the average CGNX price target is $47.83, with the highest CGNX stock price forecast at $60.00 and the lowest CGNX stock price forecast at $40.00.

On average, Wall Street analysts predict that Cognex's share price could reach $47.83 by Mar 19, 2025. The average Cognex stock price prediction forecasts a potential upside of 12.6% from the current CGNX share price of $42.48.

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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