Cognex
(NASDAQ:CGNX)
$48.17
0.46[0.96%]
At close: May 24
$48.17
0[0.00%]
After Hours: 6:40PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$75.00
Lowest Price Target1
$41.00
Consensus Price Target1
$42.17

Cognex Stock (NASDAQ:CGNX), Analyst Ratings, Price Targets, Predictions

Cognex Corp has a consensus price target of $42.17, established from looking at the 63 latest analyst ratings. The last 3 analyst ratings were released from HSBC, Truist Securities, and Goldman Sachs on May 7, 2024, May 7, 2024, and May 6, 2024. With an average price target of $47.67 between HSBC, Truist Securities, and Goldman Sachs, there's an implied -1.04% downside for Cognex Corp from these 3 analyst ratings.

Analyst Trend
2
Mar
1
Apr
4
2
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HSBC
Truist Securities
Goldman Sachs
Stephens & Co.
Bernstein

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cognex

Buy NowGet Alert
05/07/2024Buy Now7.95%HSBC
Helen Fang
→ $52UpgradeHold → BuyGet Alert
05/07/2024Buy Now3.8%Truist Securities
Jamie Cook
$47 → $50ReiteratesBuy → BuyGet Alert
05/06/2024Buy Now-14.88%Goldman Sachs
Joe Ritchie
$36 → $41MaintainsSellGet Alert
05/03/2024Buy Now-6.58%Stephens & Co.
Tommy Moll
$40 → $45MaintainsEqual-WeightGet Alert
05/03/2024Buy Now14.18%Bernstein
Jay Huang
$52 → $55MaintainsOutperformGet Alert
05/03/2024Buy Now-0.35%Needham
James Ricchiuti
$46 → $48MaintainsBuyGet Alert
05/03/2024Buy Now-8.66%Baird
Richard Eastman
$40 → $44MaintainsNeutralGet Alert
04/08/2024Buy Now-10.73%Citigroup
Piyush Avasthy
$41 → $43MaintainsNeutralGet Alert
03/19/2024Buy Now12.1%UBS
Damian Karas
$42 → $54UpgradeNeutral → BuyGet Alert
03/14/2024Buy Now-2.43%Truist Securities
Jamie Cook
→ $47Initiates → BuyGet Alert
11/06/2023Buy Now24.56%Raymond James
Brian Gesuale
$65 → $60MaintainsStrong BuyGet Alert
11/02/2023Buy Now-16.96%Stephens & Co.
Tommy Moll
$55 → $40MaintainsEqual-WeightGet Alert
11/01/2023Buy Now-4.5%Needham
James Ricchiuti
$55 → $46MaintainsBuyGet Alert
10/10/2023Buy Now-16.96%Goldman Sachs
Joe Ritchie
$45 → $40MaintainsSellGet Alert
10/03/2023Buy NowKeybanc
Ken Newman
Initiates → Sector WeightGet Alert
09/01/2023Buy Now14.18%Needham
James Ricchiuti
→ $55ReiteratesBuy → BuyGet Alert
08/30/2023Buy Now7.95%Citigroup
Piyush Avasthy
→ $52Initiates → NeutralGet Alert
08/07/2023Buy Now-4.5%Credit Suisse
Guy Hardwick
$47 → $46MaintainsNeutralGet Alert
08/04/2023Buy Now-4.5%Morgan Stanley
Joshua Pokrzywinski
$45 → $46MaintainsUnderweightGet Alert
08/03/2023Buy Now14.18%Needham
James Ricchiuti
$58 → $55MaintainsBuyGet Alert
07/13/2023Buy Now-2.43%Credit Suisse
Guy Hardwick
$46 → $47MaintainsNeutralGet Alert
06/20/2023Buy Now-2.43%Stephens & Co.
Tommy Moll
→ $47ReiteratesEqual-Weight → Equal-WeightGet Alert
05/09/2023Buy Now-4.5%Credit Suisse
Guy Hardwick
$44 → $46MaintainsNeutralGet Alert
05/05/2023Buy Now-6.58%Morgan Stanley
Joshua Pokrzywinski
$40 → $45MaintainsUnderweightGet Alert
05/05/2023Buy Now20.41%Needham
James Ricchiuti
→ $58Reiterates → BuyGet Alert
02/23/2023Buy Now-8.66%Credit Suisse
Guy Hardwick
$41 → $44UpgradeUnderperform → NeutralGet Alert
02/21/2023Buy Now-6.58%Stephens & Co.
Tommy Moll
→ $45Reiterates → Equal-WeightGet Alert
02/17/2023Buy Now20.41%Needham
James Ricchiuti
$54 → $58MaintainsBuyGet Alert
02/01/2023Buy NowNorthcoast Research
Tom Hayes
DowngradeBuy → NeutralGet Alert
01/17/2023Buy Now-16.96%Morgan Stanley
Joshua Pokrzywinski
$41 → $40DowngradeEqual-Weight → UnderweightGet Alert

FAQ

Q

What is the target price for Cognex (CGNX)?

A

The latest price target for Cognex (NASDAQ: CGNX) was reported by HSBC on May 7, 2024. The analyst firm set a price target for $52.00 expecting CGNX to rise to within 12 months (a possible 7.95% upside). 22 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cognex (CGNX)?

A

The latest analyst rating for Cognex (NASDAQ: CGNX) was provided by HSBC, and Cognex upgraded their buy rating.

Q

When was the last upgrade for Cognex (CGNX)?

A

The last upgrade for Cognex Corp happened on May 7, 2024 when HSBC raised their price target to $52. HSBC previously had a hold for Cognex Corp.

Q

When was the last downgrade for Cognex (CGNX)?

A

The last downgrade for Cognex Corp happened on February 1, 2023 when Northcoast Research changed their price target from N/A to N/A for Cognex Corp.

Q

When is the next analyst rating going to be posted or updated for Cognex (CGNX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cognex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cognex was filed on May 7, 2024 so you should expect the next rating to be made available sometime around May 7, 2025.

Q

Is the Analyst Rating Cognex (CGNX) correct?

A

While ratings are subjective and will change, the latest Cognex (CGNX) rating was a upgraded with a price target of $0.00 to $52.00. The current price Cognex (CGNX) is trading at is $48.17, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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