Cognex Corporation (CGNX)
NASDAQ: CGNX · Real-Time Price · USD
41.02
+1.29 (3.25%)
At close: Jan 21, 2025, 4:00 PM
41.14
+0.12 (0.29%)
After-hours: Jan 21, 2025, 4:01 PM EST

Cognex Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Cognex stock have an average target of 47.92, with a low estimate of 39 and a high estimate of 58. The average target predicts an increase of 16.82% from the current stock price of 41.02.

Analyst Consensus: Buy
Target Low Average Median High
Price $39 $47.92 $49 $58
Change -4.92% +16.82% +19.45% +41.39%

Analyst Ratings

The average analyst rating for Cognex stock from 12 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 666544
Buy 111123
Hold 666554
Sell 000000
Strong Sell 111111
Total 141414121212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Maintains
$42$43
Hold Maintains $42$43 +4.83% Jan 16, 2025
Citigroup
Citigroup
Hold
Maintains
$44$42
Hold Maintains $44$42 +2.39% Jan 13, 2025
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$55
Buy Reiterates $55 +34.08% Jan 2, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Initiates
$49
Buy Initiates $49 +19.45% Dec 19, 2024
Truist Securities
Truist Securities
Hold
Maintains
$43$42
Hold Maintains $43$42 +2.39% Dec 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
923.60M
from 837.55M
Increased by 10.27%
Revenue Next Year
1.02B
from 923.60M
Increased by 10.87%
EPS This Year
0.70
from 0.65
Increased by 8.09%
EPS Next Year
0.98
from 0.70
Increased by 39.01%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
725.63M811.02M1.04B1.01B837.55M923.60M1.02B1.16B
Revenue Growth
-10.01%11.77%27.88%-2.99%-16.75%10.27%10.87%13.57%
EPS
1.161.001.561.230.650.700.981.34
EPS Growth
-6.45%-13.79%56.00%-21.15%-47.15%8.09%39.01%37.34%
Forward PE
-----58.3842.0030.58
No. Analysts -----222217
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 955.3M 1.1B 1.3B
Avg 923.6M 1.0B 1.2B
Low 882.2M 938.8M 1.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
14.1%
19.1%
27.1%
Avg
10.3%
10.9%
13.6%
Low
5.3%
1.7%
2.2%

EPS Forecast

EPS 2024202520262027
High 0.75 1.26 1.79
Avg 0.70 0.98 1.34
Low 0.63 0.78 1.08

EPS Growth

EPS Growth 2024202520262027
High
14.7%
79.3%
82.8%
Avg
8.1%
39.0%
37.3%
Low
-3.5%
11.6%
10.4%
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.