Cognex Corp has a consensus price target of $43.18, established from looking at the 58 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, UBS, and Truist Securities on April 8, 2024, March 19, 2024, and March 14, 2024. With an average price target of $48 between Citigroup, UBS, and Truist Securities, there's an implied 21.40% upside for Cognex Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/08/2024 | CGNX | Buy Now | Cognex | $39.54 | 8.75% | Citigroup | Piyush Avasthy | $41 → $43 | Maintains | Neutral | Get Alert |
03/19/2024 | CGNX | Buy Now | Cognex | $39.54 | 36.57% | UBS | Damian Karas | $42 → $54 | Upgrade | Neutral → Buy | Get Alert |
03/14/2024 | CGNX | Buy Now | Cognex | $39.54 | 18.87% | Truist Securities | Jamie Cook | → $47 | Initiates | → Buy | Get Alert |
11/06/2023 | CGNX | Buy Now | Cognex | $39.54 | 51.75% | Raymond James | Brian Gesuale | $65 → $60 | Maintains | Strong Buy | Get Alert |
11/02/2023 | CGNX | Buy Now | Cognex | $39.54 | 1.16% | Stephens & Co. | Tommy Moll | $55 → $40 | Maintains | Equal-Weight | Get Alert |
11/01/2023 | CGNX | Buy Now | Cognex | $39.54 | 16.34% | Needham | James Ricchiuti | $55 → $46 | Maintains | Buy | Get Alert |
10/10/2023 | CGNX | Buy Now | Cognex | $39.54 | 1.16% | Goldman Sachs | Joe Ritchie | $45 → $40 | Maintains | Sell | Get Alert |
10/03/2023 | CGNX | Buy Now | Cognex | $39.54 | — | Keybanc | Ken Newman | — | Initiates | → Sector Weight | Get Alert |
09/01/2023 | CGNX | Buy Now | Cognex | $39.54 | 39.1% | Needham | James Ricchiuti | → $55 | Reiterates | Buy → Buy | Get Alert |
08/30/2023 | CGNX | Buy Now | Cognex | $39.54 | 31.51% | Citigroup | Piyush Avasthy | → $52 | Initiates | → Neutral | Get Alert |
08/07/2023 | CGNX | Buy Now | Cognex | $39.54 | 16.34% | Credit Suisse | Guy Hardwick | $47 → $46 | Maintains | Neutral | Get Alert |
08/04/2023 | CGNX | Buy Now | Cognex | $39.54 | 16.34% | Morgan Stanley | Joshua Pokrzywinski | $45 → $46 | Maintains | Underweight | Get Alert |
08/03/2023 | CGNX | Buy Now | Cognex | $39.54 | 39.1% | Needham | James Ricchiuti | $58 → $55 | Maintains | Buy | Get Alert |
07/13/2023 | CGNX | Buy Now | Cognex | $39.54 | 18.87% | Credit Suisse | Guy Hardwick | $46 → $47 | Maintains | Neutral | Get Alert |
06/20/2023 | CGNX | Buy Now | Cognex | $39.54 | 18.87% | Stephens & Co. | Tommy Moll | → $47 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
05/09/2023 | CGNX | Buy Now | Cognex | $39.54 | 16.34% | Credit Suisse | Guy Hardwick | $44 → $46 | Maintains | Neutral | Get Alert |
05/05/2023 | CGNX | Buy Now | Cognex | $39.54 | 13.81% | Morgan Stanley | Joshua Pokrzywinski | $40 → $45 | Maintains | Underweight | Get Alert |
05/05/2023 | CGNX | Buy Now | Cognex | $39.54 | 46.69% | Needham | James Ricchiuti | → $58 | Reiterates | → Buy | Get Alert |
02/23/2023 | CGNX | Buy Now | Cognex | $39.54 | 11.28% | Credit Suisse | Guy Hardwick | $41 → $44 | Upgrade | Underperform → Neutral | Get Alert |
The latest price target for Cognex (NASDAQ: CGNX) was reported by Citigroup on April 8, 2024. The analyst firm set a price target for $43.00 expecting CGNX to rise to within 12 months (a possible 8.75% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Cognex (NASDAQ: CGNX) was provided by Citigroup, and Cognex maintained their neutral rating.
The last upgrade for Cognex Corp happened on March 19, 2024 when UBS raised their price target to $54. UBS previously had a neutral for Cognex Corp.
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.
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 April 8, 2024 so you should expect the next rating to be made available sometime around April 8, 2025.
While ratings are subjective and will change, the latest Cognex (CGNX) rating was a maintained with a price target of $41.00 to $43.00. The current price Cognex (CGNX) is trading at is $39.54, which is out of the analyst’s predicted range.
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