Cognex Stock Target Price and Analyst Consensus

CGNX Stock  USD 42.57  0.09  0.21%   
The current analyst and expert consensus on Cognex is Buy with 10 hold recommendations. The current projected Cognex target price consensus is 52.86 with 18 analyst opinions. One of the most common ways Cognex analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Cognex vendors, executives, and/or customers. Cognex recommendation module provides expert sentiment on the projected Cognex target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Cognex to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.
Lowest Forecast
48.1
Highest Forecast
58.67
Target Price
52.86
Gross Profit is likely to rise to about 631.3 M in 2024. Pretax Profit Margin is likely to rise to 0.28 in 2024. At this time, Cognex's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 2.1 B in 2024, whereas Net Debt is likely to drop (130.3 M) in 2024.
  
It's important to approach Cognex's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Cognex Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cognex target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Cognex's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   18  Buy
Most Cognex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Cognex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Cognex, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Cognex Target Price Projection

Cognex's current and average target prices are 42.57 and 52.86, respectively. The current price of Cognex is the price at which Cognex is currently trading. On the other hand, Cognex's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Cognex Market Quote on 28th of March 2024

Low Price42.57Odds
High Price42.57Odds

42.57

Target Price

Analyst Consensus On Cognex Target Price

Low Estimate48.1Odds
High Estimate58.67Odds

52.86

Historical Lowest Forecast  48.1 Target Price  52.86 Highest Forecast  58.67
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Cognex and the information provided on this page.

Cognex Analyst Ratings

Cognex's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Cognex stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Cognex's financials, market performance, and future outlook by experienced professionals. Cognex's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Cognex price targets

Cognex's stock target price is an estimate of its future price, usually made by analysts. Using Cognex's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Cognex's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cognex's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Cognex Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cognex is a key component of Cognex valuation and have some predictive power on the future returns of a Cognex.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cognex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
40.5142.5144.51
Details
Intrinsic
Valuation
LowRealHigh
38.2346.7748.77
Details
Naive
Forecast
LowNextHigh
40.2942.3044.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.070.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cognex. Your research has to be compared to or analyzed against Cognex's peers to derive any actionable benefits. When done correctly, Cognex's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cognex.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Driverless Cars Idea
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Invested few shares
When determining whether Cognex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognex Stock:
Check out Macroaxis Advice on Cognex to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Cognex's price analysis, check to measure Cognex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.
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The data published in Cognex's official financial statements usually reflect Cognex's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Cognex. For example, before you start analyzing numbers published by Cognex accountants, it's critical to develop an understanding of what Cognex's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Cognex's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cognex's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Cognex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cognex. Please utilize our Beneish M Score to check the likelihood of Cognex's management manipulating its earnings.