Cognex Corporation (CGNX)
NASDAQ: CGNX · IEX Real-Time Price · USD
49.77
-0.54 (-1.07%)
At close: Jul 19, 2024, 4:00 PM
49.86
+0.09 (0.18%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
Cognex Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Cognex stock have an average target of 49.08, with a low estimate of 41 and a high estimate of 60. The average target predicts a decrease of -1.39% from the current stock price of 49.77.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cognex stock from 13 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 4 | 4 | 5 | 5 | 5 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 6 | 4 | 4 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 10 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $50 → $55 | Strong Buy | Maintains | $50 → $55 | +10.51% | Jul 2, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades $52 | Hold → Strong Buy | Upgrades | $52 | +4.48% | May 7, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $47 → $50 | Strong Buy | Reiterates | $47 → $50 | +0.46% | May 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $36 → $41 | Strong Sell | Maintains | $36 → $41 | -17.62% | May 6, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $40 → $45 | Hold | Maintains | $40 → $45 | -9.58% | May 3, 2024 |
Financial Forecast
Revenue This Year
954.23M
from 837.55M
Increased by 13.93%
Revenue Next Year
1.09B
from 954.23M
Increased by 14.54%
EPS This Year
0.78
from 0.65
Increased by 19.33%
EPS Next Year
1.17
from 0.78
Increased by 50.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.0B | 1.2B | 1.4B | 1.4B | 1.6B |
| Avg | 954.2M | 1.1B | 1.2B | 1.4B | 1.6B |
| Low | 882.0M | 986.9M | 1.1B | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.2% | 27.5% | 28.0% | 15.1% | 15.7% |
| Avg | 13.9% | 14.5% | 14.3% | 11.8% | 12.5% |
| Low | 5.3% | 3.4% | -0.2% | 7.4% | 8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.92 | 1.38 | 1.84 |
| Avg | 0.78 | 1.17 | 1.60 |
| Low | 0.57 | 0.89 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 42.2% | 77.3% | 56.9% |
| Avg | 19.3% | 50.9% | 36.8% |
| Low | -12.6% | 15.0% | 13.0% |
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.