CGNX trades 28.7% below Wall Street's consensus target of $75.91.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CGNX achieves its forward estimates and maintains a stable P/E multiple of 35.1x. This scenario reflects the blended consensus of 32 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 23, 2026, Cognex Corporation (CGNX) has a Wall Street consensus price target of $75.91, based on estimates from 32 covering analysts. With the stock currently trading at $58.97, this represents a potential upside of +28.7%. The company has a market capitalization of $9.81B.
Analyst price targets range from a low of $65.00 to a high of $91.00, representing a 34% spread in expectations. The median target of $75.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 15 analysts rating the stock as a Buy or Strong Buy,15 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, CGNX trades at a trailing P/E of 86.7x and forward P/E of 35.1x. Analysts expect EPS to grow +63.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $57.64, with bear and bull scenarios of $36.31 and $75.95 respectively. Model confidence stands at 49/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 KEYSKeysight Technologies, Inc. | $59.4B | $347.32 | $416.63 | +20.0% | Buy | 30.3x | 16 |
 COHUCohu, Inc. | $3.0B | $64.54 | $66.83 | +3.5% | Buy | 67.9x | 14 |
 VIAVViavi Solutions Inc. | $9.0B | $36.40 | $58.67 | +61.2% | Buy | 38.8x | 19 |
 NOVTNovanta Inc. | $5.1B | $144.17 | $194.00 | +34.6% | Buy | 39.0x | 3 |
 KLICKulicke and Soffa Industries, Inc. | $4.7B | $89.54 | $62.50 | -30.2% | Buy | 23.2x | 11 |
 MKSIMKS Inc. | $17.6B | $260.37 | $404.00 | +55.2% | Buy | 19.8x | 29 |
 CEVACEVA, Inc. | $929M | $33.36 | $46.20 | +38.5% | Buy | 60.9x | 28 |
 TRMBTrimble Inc. | $13.8B | $59.30 | $73.50 | +23.9% | Buy | 19.2x | 28 |
 ROKRockwell Automation, Inc. | $47.5B | $427.19 | $497.88 | +16.5% | Hold | 32.3x | 41 |
 EMREmerson Electric Co. | $86.4B | $154.25 | $164.67 | +6.8% | Buy | 23.5x | 42 |
Quick answers to the most common questions about buying CGNX stock.
The consensus Wall Street price target for CGNX is $75.91, representing 28.7% upside from the current price of $58.97. With 32 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
CGNX has a consensus rating of "Hold" based on 32 Wall Street analysts. The rating breakdown is mixed, with 15 Hold ratings making up the largest segment. The consensus 12-month price target of $75.91 implies 28.7% upside from current levels.
At a forward P/E of 35.072x, CGNX trades at a premium valuation. The consensus price target of $75.91 (28.7% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $91 for CGNX, while the most conservative target is $65. The consensus of $75.91 represents the median expectation. Our quantitative valuation model projects a bull case target of $76 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CGNX is heavily covered by Wall Street, with 32 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 14 have Buy ratings, 15 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CGNX stock forecast based on 32 Wall Street analysts shows a consensus price target of $75.91, with estimates ranging from $65 (bear case) to $91 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $58, with bear/bull scenarios of $36/$76.
Our quantitative valuation model calculates CGNX's fair value at $58 (base case), with a bear case of $36 and bull case of $76. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 49/100.
CGNX trades at a forward P/E ratio of 35.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 86.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on CGNX, with a "Hold" consensus rating and $75.91 price target (28.7% upside). 15 of 32 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CGNX analyst price targets range from $65 to $91, a 34% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $75.91 consensus represents the middle ground. Our model's $36-$76 range provides an independent fundamental perspective.
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