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Cognex

CGNXNASDAQ
Logo brought to you by Benzinga Data
$49.68
0.992.03%
At Close: -
$49.68
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 4 days from now on Wed Jul 31st, after the market close
Consensus Rating1
Buy
Highest Price Target1
$75.00
Lowest Price Target1
$41.00
Consensus Price Target1
$51.38

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

Cognex Corp has a consensus price target of $51.38 based on the ratings of 19 analysts. The high is $75 issued by Daiwa Capital on January 25, 2022. The low is $41 issued by Goldman Sachs on May 6, 2024. The 3 most-recent analyst ratings were released by Vertical Research, Truist Securities, and HSBC on July 23, 2024, July 2, 2024, and May 7, 2024, respectively. With an average price target of $55 between Vertical Research, Truist Securities, and HSBC, there's an implied 10.71% upside for Cognex Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
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0
Mar
1
Apr
1
2
1
May
0
0
0
0
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Vertical Research
Truist Securities
HSBC
Goldman Sachs
Stephens & Co.

1calculated from analyst ratings

Analyst Ratings for Cognex

Buy NowGet Alert
07/23/2024Buy Now16.75%Vertical Research
Kevin McCarthy
→ $58Initiates → BuyGet Alert
07/02/2024Buy Now10.71%Truist Securities
Jamie Cook
$50 → $55MaintainsBuyGet Alert
05/07/2024Buy Now4.67%HSBC
Helen Fang
→ $52UpgradeHold → BuyGet Alert
05/07/2024Buy Now0.64%Truist Securities
Jamie Cook
$47 → $50ReiteratesBuy → BuyGet Alert
05/06/2024Buy Now-17.47%Goldman Sachs
Joe Ritchie
$36 → $41MaintainsSellGet Alert
05/03/2024Buy Now-9.42%Stephens & Co.
Tommy Moll
$40 → $45MaintainsEqual-WeightGet Alert
05/03/2024Buy Now10.71%Bernstein
Jay Huang
$52 → $55MaintainsOutperformGet Alert
05/03/2024Buy Now-3.38%Needham
James Ricchiuti
$46 → $48MaintainsBuyGet Alert
05/03/2024Buy Now-11.43%Baird
Richard Eastman
$40 → $44MaintainsNeutralGet Alert
04/08/2024Buy Now-13.45%Citigroup
Piyush Avasthy
$41 → $43MaintainsNeutralGet Alert
03/19/2024Buy Now8.7%UBS
Damian Karas
$42 → $54UpgradeNeutral → BuyGet Alert
03/14/2024Buy Now-5.39%Truist Securities
Jamie Cook
→ $47Initiates → BuyGet Alert
11/06/2023Buy Now20.77%Raymond James
Brian Gesuale
$65 → $60MaintainsStrong BuyGet Alert
11/02/2023Buy Now-19.48%Stephens & Co.
Tommy Moll
$55 → $40MaintainsEqual-WeightGet Alert
11/01/2023Buy Now-7.41%Needham
James Ricchiuti
$55 → $46MaintainsBuyGet Alert
10/10/2023Buy Now-19.48%Goldman Sachs
Joe Ritchie
$45 → $40MaintainsSellGet Alert
10/03/2023Buy NowKeybanc
Ken Newman
Initiates → Sector WeightGet Alert
09/01/2023Buy Now10.71%Needham
James Ricchiuti
→ $55ReiteratesBuy → BuyGet Alert
08/30/2023Buy Now4.67%Citigroup
Piyush Avasthy
→ $52Initiates → NeutralGet Alert
08/07/2023Buy Now-7.41%Credit Suisse
Guy Hardwick
$47 → $46MaintainsNeutralGet Alert
08/04/2023Buy Now-7.41%Morgan Stanley
Joshua Pokrzywinski
$45 → $46MaintainsUnderweightGet Alert
08/03/2023Buy Now10.71%Needham
James Ricchiuti
$58 → $55MaintainsBuyGet Alert
07/13/2023Buy Now-5.39%Credit Suisse
Guy Hardwick
$46 → $47MaintainsNeutralGet Alert
06/20/2023Buy Now-5.39%Stephens & Co.
Tommy Moll
→ $47ReiteratesEqual-Weight → Equal-WeightGet Alert
05/09/2023Buy Now-7.41%Credit Suisse
Guy Hardwick
$44 → $46MaintainsNeutralGet Alert
05/05/2023Buy Now-9.42%Morgan Stanley
Joshua Pokrzywinski
$40 → $45MaintainsUnderweightGet Alert
05/05/2023Buy Now16.75%Needham
James Ricchiuti
→ $58Reiterates → BuyGet Alert
02/23/2023Buy Now-11.43%Credit Suisse
Guy Hardwick
$41 → $44UpgradeUnderperform → NeutralGet Alert
02/21/2023Buy Now-9.42%Stephens & Co.
Tommy Moll
→ $45Reiterates → Equal-WeightGet Alert
02/17/2023Buy Now16.75%Needham
James Ricchiuti
$54 → $58MaintainsBuyGet Alert
02/01/2023Buy NowNorthcoast Research
Tom Hayes
DowngradeBuy → NeutralGet Alert
01/17/2023Buy Now-19.48%Morgan Stanley
Joshua Pokrzywinski
$41 → $40DowngradeEqual-Weight → UnderweightGet Alert
12/13/2022Buy Now-17.47%Credit Suisse
Guy Hardwick
→ $41Initiates → UnderperformGet Alert
11/22/2022Buy Now0.64%Cowen & Co.
Joseph Giordano
$55 → $50DowngradeOutperform → Market PerformGet Alert
11/07/2022Buy Now30.84%Raymond James
Brian Gesuale
$75 → $65MaintainsStrong BuyGet Alert
11/04/2022Buy Now8.7%Needham
James Ricchiuti
$52 → $54MaintainsBuyGet Alert
10/12/2022Buy Now-17.47%Morgan Stanley
Joshua Pokrzywinski
$45 → $41MaintainsEqual-WeightGet Alert
09/20/2022Buy Now4.67%Needham
James Ricchiuti
$50 → $52MaintainsBuyGet Alert
08/12/2022Buy NowJP Morgan
Paul Chung
DowngradeNeutral → UnderweightGet Alert
08/04/2022Buy Now-9.42%Morgan Stanley
Joshua Pokrzywinski
$52 → $45MaintainsEqual-WeightGet Alert
08/03/2022Buy Now10.71%Cowen & Co.
Joseph Giordano
$75 → $55MaintainsOutperformGet Alert
08/03/2022Buy Now50.97%Raymond James
Brian Gesuale
$80 → $75MaintainsStrong BuyGet Alert
08/03/2022Buy Now30.84%Bernstein
Jay Huang
→ $65UpgradeMarket Perform → OutperformGet Alert
08/03/2022Buy Now-9.42%Stephens & Co.
Tommy Moll
$80 → $45DowngradeOverweight → Equal-WeightGet Alert
08/03/2022Buy Now0.64%Needham
James Ricchiuti
$60 → $50MaintainsBuyGet Alert
08/01/2022Buy Now20.77%Needham
James Ricchiuti
$80 → $60MaintainsBuyGet Alert
06/23/2022Buy Now-17.47%Goldman Sachs
Joe Ritchie
$59 → $41MaintainsSellGet Alert
06/09/2022Buy Now61.03%Raymond James
Brian Gesuale
$90 → $80MaintainsStrong BuyGet Alert
05/31/2022Buy Now4.67%Morgan Stanley
Joshua Pokrzywinski
$68 → $52MaintainsEqual-WeightGet Alert
05/26/2022Buy Now0.64%UBS
Markus Mittermaier
$80 → $50MaintainsNeutralGet Alert
05/09/2022Buy Now81.16%Raymond James
Brian Gesuale
$110 → $90MaintainsStrong BuyGet Alert
05/06/2022Buy Now36.88%Morgan Stanley
Joshua Pokrzywinski
$80 → $68MaintainsEqual-WeightGet Alert
05/06/2022Buy Now61.03%Needham
James Ricchiuti
$95 → $80MaintainsBuyGet Alert
04/07/2022Buy Now61.03%Morgan Stanley
Joshua Pokrzywinski
$75 → $80MaintainsEqual-WeightGet Alert
03/07/2022Buy Now34.86%Goldman Sachs
Joe Ritchie
$77 → $67MaintainsSellGet Alert
02/18/2022Buy Now50.97%Morgan Stanley
Joshua Pokrzywinski
$83 → $75MaintainsEqual-WeightGet Alert
02/18/2022Buy Now36.88%JP Morgan
Paul Chung
$80 → $68UpgradeUnderweight → NeutralGet Alert
01/25/2022Buy Now50.97%Daiwa Capital
Jairam Nathan
$81 → $75UpgradeNeutral → OutperformGet Alert
01/14/2022Buy Now67.07%Morgan Stanley
Joshua Pokrzywinski
$85 → $83MaintainsEqual-WeightGet Alert
11/12/2021Buy Now101.29%Cowen & Co.
Joseph Giordano
MaintainsOutperformGet Alert
11/12/2021Buy Now71.1%Morgan Stanley
Joshua Pokrzywinski
UpgradeUnderweight → Equal-WeightGet Alert
11/08/2021Buy NowNorthcoast Research
Tom Hayes
UpgradeNeutral → BuyGet Alert
11/08/2021Buy Now91.22%Needham
James Ricchiuti
UpgradeHold → BuyGet Alert
11/08/2021Buy Now121.42%Raymond James
Brian Gesuale
MaintainsStrong BuyGet Alert
10/07/2021Buy Now48.95%Morgan Stanley
Joshua Pokrzywinski
MaintainsUnderweightGet Alert

FAQ

Q

What is the target price for Cognex (CGNX) stock?

A

The latest price target for Cognex (NASDAQ:CGNX) was reported by Vertical Research on July 23, 2024. The analyst firm set a price target for $58.00 expecting CGNX to rise to within 12 months (a possible 16.75% 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 Vertical Research, and Cognex initiated 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 July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.

Q

Is the Analyst Rating Cognex (CGNX) correct?

A

While ratings are subjective and will change, the latest Cognex (CGNX) rating was a initiated with a price target of $0.00 to $58.00. The current price Cognex (CGNX) is trading at is $49.68, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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