Cognex
(NASDAQ:CGNX)
$38.46
-0.23[-0.59%]
At close: Apr 19
$38.46
0[0.00%]
After Hours: 4:20PM EDT
Q1 2024 Earnings in 13 days from now on Thu May 2nd, before the market open
Consensus Rating1
Neutral
Highest Price Target1
$75.00
Lowest Price Target1
$40.00
Consensus Price Target1
$43.18

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

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 24.80% upside for Cognex Corp from these 3 analyst ratings.

Analyst Trend
2
1
Nov 23
2
Mar
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
UBS
Truist Securities
Raymond James
Stephens & Co.

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cognex

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/08/2024CGNXBuy Now
Cognex
$38.4611.8%Citigroup
Piyush Avasthy
$41 → $43MaintainsNeutralGet Alert
03/19/2024CGNXBuy Now
Cognex
$38.4640.41%UBS
Damian Karas
$42 → $54UpgradeNeutral → BuyGet Alert
03/14/2024CGNXBuy Now
Cognex
$38.4622.2%Truist Securities
Jamie Cook
→ $47Initiates → BuyGet Alert
11/06/2023CGNXBuy Now
Cognex
$38.4656.01%Raymond James
Brian Gesuale
$65 → $60MaintainsStrong BuyGet Alert
11/02/2023CGNXBuy Now
Cognex
$38.464%Stephens & Co.
Tommy Moll
$55 → $40MaintainsEqual-WeightGet Alert
11/01/2023CGNXBuy Now
Cognex
$38.4619.6%Needham
James Ricchiuti
$55 → $46MaintainsBuyGet Alert
10/10/2023CGNXBuy Now
Cognex
$38.464%Goldman Sachs
Joe Ritchie
$45 → $40MaintainsSellGet Alert
10/03/2023CGNXBuy Now
Cognex
$38.46Keybanc
Ken Newman
Initiates → Sector WeightGet Alert
09/01/2023CGNXBuy Now
Cognex
$38.4643.01%Needham
James Ricchiuti
→ $55ReiteratesBuy → BuyGet Alert
08/30/2023CGNXBuy Now
Cognex
$38.4635.21%Citigroup
Piyush Avasthy
→ $52Initiates → NeutralGet Alert
08/07/2023CGNXBuy Now
Cognex
$38.4619.6%Credit Suisse
Guy Hardwick
$47 → $46MaintainsNeutralGet Alert
08/04/2023CGNXBuy Now
Cognex
$38.4619.6%Morgan Stanley
Joshua Pokrzywinski
$45 → $46MaintainsUnderweightGet Alert
08/03/2023CGNXBuy Now
Cognex
$38.4643.01%Needham
James Ricchiuti
$58 → $55MaintainsBuyGet Alert
07/13/2023CGNXBuy Now
Cognex
$38.4622.2%Credit Suisse
Guy Hardwick
$46 → $47MaintainsNeutralGet Alert
06/20/2023CGNXBuy Now
Cognex
$38.4622.2%Stephens & Co.
Tommy Moll
→ $47ReiteratesEqual-Weight → Equal-WeightGet Alert
05/09/2023CGNXBuy Now
Cognex
$38.4619.6%Credit Suisse
Guy Hardwick
$44 → $46MaintainsNeutralGet Alert
05/05/2023CGNXBuy Now
Cognex
$38.4617%Morgan Stanley
Joshua Pokrzywinski
$40 → $45MaintainsUnderweightGet Alert
05/05/2023CGNXBuy Now
Cognex
$38.4650.81%Needham
James Ricchiuti
→ $58Reiterates → BuyGet Alert
02/23/2023CGNXBuy Now
Cognex
$38.4614.4%Credit Suisse
Guy Hardwick
$41 → $44UpgradeUnderperform → NeutralGet Alert

FAQ

Q

What is the target price for Cognex (CGNX)?

A

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 11.80% upside). 18 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 Citigroup, and Cognex maintained their neutral rating.

Q

When was the last upgrade for Cognex (CGNX)?

A

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.

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 April 8, 2024 so you should expect the next rating to be made available sometime around April 8, 2025.

Q

Is the Analyst Rating Cognex (CGNX) correct?

A

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 $38.46, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch