Cognex Corporation (CGNX)
NASDAQ: CGNX · Real-Time Price · USD
39.05
-0.21 (-0.53%)
At close: Nov 20, 2024, 4:00 PM
38.40
-0.65 (-1.66%)
Pre-market: Nov 21, 2024, 5:18 AM EST
Cognex Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Cognex stock have an average target of 47, with a low estimate of 39 and a high estimate of 58. The average target predicts an increase of 20.36% from the current stock price of 39.05.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cognex stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 6 | 6 | 6 | 5 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 13 | 14 | 14 | 14 | 14 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $46 → $43 | Strong Buy → Hold | Downgrades | $46 → $43 | +10.12% | Nov 5, 2024 |
| Needham | Needham | Strong Buy Maintains $50 → $47 | Strong Buy | Maintains | $50 → $47 | +20.36% | Nov 1, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $41 → $39 | Hold | Maintains | $41 → $39 | -0.13% | Aug 5, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $45 | Hold | Reiterates | $45 | +15.24% | Aug 5, 2024 |
| Baird | Baird | Hold Maintains $46 → $42 | Hold | Maintains | $46 → $42 | +7.55% | Aug 5, 2024 |
Financial Forecast
Revenue This Year
923.72M
from 837.55M
Increased by 10.29%
Revenue Next Year
1.03B
from 923.72M
Increased by 11.83%
EPS This Year
0.70
from 0.65
Increased by 7.98%
EPS Next Year
0.98
from 0.70
Increased by 40.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 955.3M | 1.1B | 1.3B | ||
| Avg | 923.7M | 1.0B | 1.2B | ||
| Low | 883.6M | 955.5M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.1% | 23.4% | 27.0% | ||
| Avg | 10.3% | 11.8% | 13.3% | ||
| Low | 5.5% | 3.4% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.75 | 1.26 | 1.79 |
| Avg | 0.70 | 0.98 | 1.35 |
| Low | 0.63 | 0.78 | 1.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.7% | 79.5% | 81.6% |
| Avg | 8.0% | 40.1% | 37.0% |
| Low | -3.5% | 11.7% | 9.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.