Cognex Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 1 sell rating, 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Cognex stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CGNX, but not buy additional shares or sell existing shares.
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11 analysts have issued twelve-month target prices for Cognex's stock. Their CGNX stock forecasts range from $41.00 to $95.00. On average, they expect Cognex's stock price to reach $71.18 in the next twelve months. This suggests a possible upside of 61.9% from the stock's current price.
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Cognex's stock was trading at $77.76 at the beginning of the year. Since then, CGNX shares have decreased by 43.5% and is now trading at $43.96.
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Cognex is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Cognex.

Cognex will be holding an earnings conference call on Tuesday, August 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13730768".

Cognex Co. (NASDAQ:CGNX) posted its quarterly earnings data on Thursday, May, 5th. The scientific and technical instruments company reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.08. The scientific and technical instruments company had revenue of $282.40 million for the quarter, compared to the consensus estimate of $277.23 million. Cognex had a net margin of 25.67% and a trailing twelve-month return on equity of 19.48%. The business's quarterly revenue was up 18.2% on a year-over-year basis. During the same period last year, the business earned $0.39 EPS.
View Cognex's earnings history.

Cognex announced a quarterly dividend on Thursday, May 5th. Stockholders of record on Friday, May 20th will be paid a dividend of $0.065 per share on Friday, June 3rd. This represents a $0.26 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Thursday, May 19th.
View Cognex's dividend history.

Cognex(NASDAQ:CGNX) pays an annual dividend of $0.26 per share and currently has a dividend yield of 0.60%. Cognex has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Cognex is 16.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cognex will have a dividend payout ratio of 14.36% next year. This indicates that Cognex will be able to sustain or increase its dividend.
View Cognex's dividend history.

Cognex's stock split on the morning of Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly created shares were payable to shareholders after the market closes on Friday, December 1st 2017. An investor that had 100 shares of Cognex stock prior to the split would have 200 shares after the split.

Cognex updated its second quarter 2022 earnings guidance on Monday, May, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $265.00 million-$285.00 million, compared to the consensus revenue estimate of $292.72 million.

94 employees have rated Cognex CEO Robert Willett on Glassdoor.com. Robert Willett has an approval rating of 84% among Cognex's employees.

Some companies that are related to Cognex include Coherent (COHR), National Instruments (NATI), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), Vishay Precision Group (VPG) and Daktronics (DAKT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cognex investors own include NVIDIA (NVDA), Alibaba Group (BABA), PayPal (PYPL), Netflix (NFLX), Micron Technology (MU), Advanced Micro Devices (AMD), Arista Networks (ANET), Activision Blizzard (ATVI), Square (SQ) and Walt Disney (DIS).

Cognex trades on the NASDAQ under the ticker symbol "CGNX."

Shares of CGNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CGNX stock can currently be purchased for approximately $43.96.

Cognex (NASDAQ:CGNX) has a market capitalization of $7.64 billion and generates $1.04 billion in revenue each year. The scientific and technical instruments company earns $279.88 million in net income (profit) each year or $1.55 on an earnings per share basis.

Cognex employs 2,257 workers across the globe.

Cognex was founded in 1981.

Cognex's mailing address is ONE VISION DRIVE, NATICK MA, 01760. The official website for Cognex is www.cognex.com. The scientific and technical instruments company can be reached via phone at (508) 650-3000, via email at susan.conway@cognex.com, or via fax at 508-650-3333.