12 Month Price Forecast For CGNX
Distance to CGNX Price Forecasts
CGNX Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 4:26 AM UTC
CGNX Analyst Ratings & Price Targets
Based on our analysis of 24 Wall Street analysts, CGNX has a consensus that is neutral. The median price target is $47.00, with forecasts ranging from $38.00 to $60.00. Currently, there are 11 Buy ratings, 10 Hold ratings, and 1 Sell ratings.
With CGNX currently trading at $40.38, the median price forecast suggests a 16.4% upside. The most optimistic forecast comes from Brian Gesuale at Raymond James, projecting a 48.6% upside, while at provides the most conservative target, suggesting a -5.9% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CGNX Analyst Consensus
CGNX Price Target Range
Latest CGNX Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CGNX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 16, 2025 | Truist Securities | Jamie Cook | Hold | Maintains | $43.00 |
| Jan 13, 2025 | Citigroup | Piyush Avasthy | Neutral | Maintains | $42.00 |
| Jan 2, 2025 | Stephens & Co. | Tommy Moll | Overweight | Reiterates | $55.00 |
| Dec 19, 2024 | Truist Securities | Jamie Cook | Hold | Maintains | $42.00 |
| Dec 19, 2024 | Cantor Fitzgerald | Troy Jensen | Overweight | Initiates | $49.00 |
| Nov 5, 2024 | Truist Securities | Jamie Cook | Hold | Downgrade | $43.00 |
| Nov 1, 2024 | Needham | James Ricchiuti | Buy | Maintains | $47.00 |
| Aug 5, 2024 | Stephens & Co. | Tommy Moll | Equal-Weight | Reiterates | $45.00 |
| Aug 5, 2024 | Baird | Richard Eastman | Neutral | Maintains | $42.00 |
| Aug 5, 2024 | DA Davidson | Matthew Summerville | Neutral | Maintains | $39.00 |
| Aug 2, 2024 | Truist Securities | Jamie Cook | Buy | Maintains | $46.00 |
| Aug 2, 2024 | Needham | James Ricchiuti | Buy | Maintains | $50.00 |
| Aug 2, 2024 | Goldman Sachs | Joe Ritchie | Sell | Maintains | $39.00 |
| Jul 29, 2024 | Needham | James Ricchiuti | Buy | Maintains | $57.00 |
| Jul 23, 2024 | Vertical Research | Kevin McCarthy | Buy | Initiates | $58.00 |
| Jul 2, 2024 | Truist Securities | Jamie Cook | Buy | Maintains | $55.00 |
| May 7, 2024 | HSBC | Helen Fang | Buy | Upgrade | $52.00 |
| May 7, 2024 | Truist Securities | Jamie Cook | Buy | Reiterates | $50.00 |
| May 6, 2024 | Goldman Sachs | Joe Ritchie | Sell | Maintains | $41.00 |
| May 3, 2024 | Needham | James Ricchiuti | Buy | Maintains | $48.00 |
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Cognex Corp (CGNX) Financial Data
Cognex Corp has a market capitalization of $7.04B with a P/E ratio of 80.4x. The company generates $881.50M in trailing twelve-month revenue with a 10.1% profit margin.
Revenue growth is +19.0% quarter-over-quarter, while maintaining an operating margin of +13.4% and return on equity of +5.8%.
Valuation Metrics
Growth & Margins
Financial Health
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Cognex Corp (CGNX) Company Overview
About Cognex Corp
Provides machine vision products for automation.
Cognex Corporation generates revenue by selling machine vision products that automate manufacturing and distribution tasks. Their offerings include software for vision application development, various vision systems and sensors, and image-based barcode readers, serving diverse industries such as automotive, logistics, and consumer electronics.
Founded in 1981 and headquartered in Natick, Massachusetts, Cognex has a strong presence in the machine vision market. The company's innovative solutions enhance efficiency and quality in manufacturing processes, making them a valuable partner for businesses looking to optimize operations.
Company Information
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
2,992
CEO
Mr. Robert J. Willett
Country
United States
IPO Year
1989
Website
www.cognex.comCognex Corp (CGNX) Latest News & Analysis
Cognex Strengthens Market Leadership in Industrial Barcode Reading with Two New AI-Powered Products
9 days agoCognex Corporation (NASDAQ: CGNX) launched the DataMan® 290 and 390 barcode readers, emphasizing reliability and user-friendliness, supported by strong customer service.
Cognex's launch of advanced barcode readers signals potential revenue growth and market competitiveness, impacting stock performance and investor sentiment in the tech sector.
Here Are My 3 Top Growth Stocks to Buy Now
27 days agoCognex Corporation, Trimble, and Delta Air Lines are highlighted as stocks with significant growth potential linked to emerging megatrends, making them attractive investments for 2025.
The highlighted stocks are tied to significant megatrends, suggesting strong growth potential, making them attractive investments for long-term gains by 2025.
In 2024, tech stocks, driven by strong AI demand, have surged, with major companies like Nvidia, Apple, Microsoft, and Palantir reaching new valuation highs.
Rising demand for AI is driving megacap tech stocks to new valuation highs, indicating strong growth potential and market confidence, which can impact overall market trends and investment strategies.
Cognex Corporation CEO Rob Willett will present at the Baird 2024 Global Industrial Conference on November 14, 2024, at 10:05 a.m. ET.
Cognex's CEO presentation at a major industry conference may signal strategic insights or developments, potentially impacting stock performance and investor sentiment.
Cognex: Not Out Of The Woods Yet
2 months agoCognex is experiencing growth from its customer initiative and Moritex acquisition, but faces challenges in its core business, especially in automotive, with macro headwinds impacting margins.
Cognex's growth outlook is mixed; emerging initiatives and acquisitions are positive, but core struggles, particularly in automotive, may hinder short-term profitability and margins.
Cognex Corporation (NASDAQ:CGNX) will hold its Q3 2024 earnings conference call on October 31, 2024, at 8:30 AM ET, featuring key executives and analysts from various firms.
Cognex's Q3 2024 earnings call is a key event for assessing its financial health and growth outlook, influencing stock performance and investor sentiment.
Frequently Asked Questions About CGNX Stock
What is Cognex Corp's (CGNX) stock forecast for 2025?
Based on our analysis of 24 Wall Street analysts, Cognex Corp (CGNX) has a median price target of $47.00. The highest price target is $60.00 and the lowest is $38.00.
Is CGNX stock a good investment in 2025?
According to current analyst ratings, CGNX has 11 Buy ratings, 10 Hold ratings, and 1 Sell ratings. The stock is currently trading at $40.38. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for CGNX stock?
Wall Street analysts predict CGNX stock could reach $47.00 in the next 12 months. This represents a 16.4% increase from the current price of $40.38. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Cognex Corp's business model?
Cognex Corporation generates revenue by selling machine vision products that automate manufacturing and distribution tasks. Their offerings include software for vision application development, various vision systems and sensors, and image-based barcode readers, serving diverse industries such as automotive, logistics, and consumer electronics.
What is the highest forecasted price for CGNX Cognex Corp?
The highest price target for CGNX is $60.00 from Brian Gesuale at Raymond James, which represents a 48.6% increase from the current price of $40.38.
What is the lowest forecasted price for CGNX Cognex Corp?
The lowest price target for CGNX is $38.00 from at , which represents a -5.9% decrease from the current price of $40.38.
What is the overall CGNX consensus from analysts for Cognex Corp?
The overall analyst consensus for CGNX is neutral. Out of 24 Wall Street analysts, 11 rate it as Buy, 10 as Hold, and 1 as Sell, with a median price target of $47.00.
How accurate are CGNX stock price projections?
Stock price projections, including those for Cognex Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
