Analysts Offer Predictions for Cognex FY2026 Earnings

Cognex Co. (NASDAQ:CGNX - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Cognex in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen anticipates that the scientific and technical instruments company will post earnings per share of $0.93 for the year. The consensus estimate for Cognex's current full-year earnings is $0.61 per share.

CGNX has been the subject of a number of other reports. Truist Financial dropped their price target on shares of Cognex from $37.00 to $29.00 and set a "hold" rating for the company in a research note on Tuesday, April 8th. Needham & Company LLC boosted their target price on Cognex from $33.00 to $36.00 and gave the company a "buy" rating in a research report on Wednesday. Robert W. Baird cut their target price on Cognex from $42.00 to $38.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 18th. Stephens reiterated an "overweight" rating and issued a $55.00 price target on shares of Cognex in a report on Wednesday, March 12th. Finally, Cowen upgraded Cognex from a "hold" rating to a "buy" rating in a report on Monday, April 28th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $39.67.

Cognex Trading Down 1.5%

NASDAQ:CGNX traded down $0.45 during midday trading on Tuesday, hitting $30.15. 2,224,182 shares of the company traded hands, compared to its average volume of 1,608,843. Cognex has a 12-month low of $22.67 and a 12-month high of $53.13. The firm has a market capitalization of $5.06 billion, a P/E ratio of 49.43 and a beta of 1.47. The firm's fifty day moving average is $28.25 and its 200-day moving average is $32.90.

Hedge Funds Weigh In On Cognex

Institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its holdings in Cognex by 402.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 919 shares of the scientific and technical instruments company's stock worth $27,000 after acquiring an additional 736 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Cognex in the 4th quarter worth approximately $29,000. Farther Finance Advisors LLC boosted its stake in shares of Cognex by 439.4% during the first quarter. Farther Finance Advisors LLC now owns 971 shares of the scientific and technical instruments company's stock valued at $29,000 after purchasing an additional 791 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in shares of Cognex by 50.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 885 shares of the scientific and technical instruments company's stock valued at $32,000 after purchasing an additional 295 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Cognex by 155.3% during the first quarter. GAMMA Investing LLC now owns 1,062 shares of the scientific and technical instruments company's stock valued at $32,000 after buying an additional 646 shares during the period. Hedge funds and other institutional investors own 88.12% of the company's stock.

Cognex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Thursday, May 15th. Cognex's dividend payout ratio is 47.06%.

Cognex Company Profile

Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.