7.3% Below Target

The consensus price target for CGNX is $70.92, close to the current price of $66.1 (7.3% implied move). Based on 31 analyst estimates, the stock appears fairly valued near current levels.

CGNX has a consensus rating of "Buy" based on 31 Wall Street analysts. The rating breakdown is mixed, with 14 Hold ratings making up the largest segment. The consensus 12-month price target of $70.92 implies 7.3% upside from current levels.

At a forward P/E of 44.5238x, CGNX trades at a premium valuation. The consensus price target of $70.92 (7.3% upside) suggests analysts may view current valuations as stretched.

The most bullish Wall Street analyst has a price target of $80 for CGNX, while the most conservative target is $61. The consensus of $70.92 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 31 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 14 have Buy ratings, 14 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 31 Wall Street analysts shows a consensus price target of $70.92, with estimates ranging from $61 (bear case) to $80 (bull case). The median consensus rating is "Buy". 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 44.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 97.2x. 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.

CGNX appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $70.92 target. Consider your investment thesis and risk tolerance. 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 $61 to $80, a 27% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $70.92 consensus represents the middle ground. Our model's $36-$76 range provides an independent fundamental perspective.