CGNX Analyst Price Target - Cognex Corporation Stock Forecast ...
π Cognex Corporation (CGNX) trades at $58.97 with a Wall Street consensus price target of $79.37, implying 34.6% upside potential over the next 12 months.
π₯ A total of 19 analysts cover CGNX, with 70% rating the stock as a Buy or Strong Buy based on current market data.
π― The most bullish analyst projects a price target of $92.0, while the most cautious estimate is set at $60.0.
π° Cognex operates in the Technology sector with a total market capitalization of $10 billion.
π The stock has achieved 60.4% year-to-date performance and is trading within its 52-week range of $34.6 to $72.88.
Bullish Signals
- Cognex Corporation trades at a discount to the Wall Street consensus price target of $79.37, implying significant upside potential for investors.
- Strong analyst sentiment is evident with 70% of the 19 covering analysts issuing Buy or Strong Buy ratings on the stock.
Full Analysis
Cognex Corporation (CGNX) is currently trading at $58.97, presenting a potential upside of 34.6% over the next 12 months based on a Wall Street consensus price target of $79.37. The company operates within the Technology sector with a market capitalization of $10 billion and has seen significant year-to-date performance.
Analyst sentiment remains robust, with 19 analysts covering the stock and 70% issuing Buy or Strong Buy ratings. The consensus view is anchored by a high price target of $92.0 from the most bullish analyst, while the most cautious estimate sits at $60.0, indicating broad agreement on the stock's valuation trajectory.
The stock is currently trading within its 52-week range of $34.6 to $72.88, reflecting a dynamic market environment for this industrial automation and machine vision technology provider. Data from StockUpside highlights that while analyst consensus measures agreement rather than fundamental quality, the high score suggests broad alignment on the current bullish call.