Cognex Corporation (CGNX) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$62.26
Price Target
$60.22
Target Range
$50.00 — $70.00
Analyst Rating
Hold
Forward P/E50.1x
Trailing P/E91.6x
Forward PEG—
Implied Growth+91.0%
Median Target$61.00
Analyst Spread33.2%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$50
-19.7%
Consensus
$60
-3.3%
Bull Case
$70
+12.4%
Valuation Model TargetsConfidence: 60/100
Bear$48
Base$95
Bull$204
CGNX Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Cognex Corporation (CGNX) has a Wall Street consensus price target of $60.22, based on estimates from 31 covering analysts. With the stock currently trading at $62.26, this represents a potential downside of -3.3%. The company has a market capitalization of $10.40B.
Analyst price targets range from a low of $50.00 to a high of $70.00, representing a 33% spread in expectations. The median target of $61.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 14 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 91.6x and forward P/E of 50.1x. Analysts expect EPS to grow +91.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $95.11, with bear and bull scenarios of $48.12 and $204.49 respectively. Model confidence stands at 60/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside-5.4%
Avg Forward P/E44.6x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 KEYSKeysight Technologies, Inc. | $62.9B | $366.68 | $289.25 | -21.1% | Buy | 41.2x | 15 |
 COHUCohu, Inc. | $2.3B | $49.62 | $49.75 | +0.3% | Buy | 93.2x | 14 |
 VIAVViavi Solutions Inc. | $12.3B | $53.00 | $32.25 | -39.2% | Buy | 57.3x | 19 |
 NOVTNovanta Inc. | $5.0B | $138.90 | $150.00 | +8.0% | Buy | 39.0x | 3 |
 KLICKulicke and Soffa Industries, Inc. | $4.9B | $93.78 | $62.50 | -33.4% | Buy | 35.7x | 11 |
 MKSIMKS Inc. | $19.8B | $293.77 | $272.86 | -7.1% | Buy | 29.7x | 29 |
 CEVACEVA, Inc. | $832M | $34.66 | $29.33 | -15.4% | Buy | 69.2x | 23 |
 TRMBTrimble Inc. | $15.0B | $63.42 | $95.00 | +49.8% | Buy | 20.5x | 28 |
 ROKRockwell Automation, Inc. | $51.6B | $459.35 | $436.56 | -5.0% | Hold | 37.8x | 39 |
 EMREmerson Electric Co. | $83.2B | $147.92 | $161.92 | +9.5% | Buy | 22.8x | 41 |
Upside Potential Comparison
TRMBEMRNOVTCOHUROKMKSICEVAKEYSFull CGNX Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See CGNX's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CGNX Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CGNX vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonCGNX — Frequently Asked Questions
Quick answers to the most common questions about buying CGNX stock.
What is the CGNX stock price target for 2026?
Wall Street's consensus price target for CGNX is $60.22, -3.3% from its current price of $62.26. The below-market target from 31 analysts suggests limited near-term appreciation.
Is CGNX a buy, sell, or hold?
CGNX has a consensus rating of "Hold" based on 31 Wall Street analysts. The rating breakdown is mixed, with 15 Hold ratings making up the largest segment. The consensus 12-month price target of $60.22 implies -3.3% downside from current levels.
Is CGNX stock overvalued or undervalued?
At a forward P/E of 50.1127x, CGNX trades at a premium valuation. The consensus price target of $60.22 (-3.3% downside) suggests analysts may view current valuations as stretched.
How high can CGNX stock go?
The most bullish Wall Street analyst has a price target of $70 for CGNX, while the most conservative target is $50. The consensus of $60.22 represents the median expectation. Our quantitative valuation model projects a bull case target of $204 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover CGNX stock?
CGNX is heavily covered by Wall Street, with 31 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 13 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.
What is the CGNX stock forecast?
The 12-month CGNX stock forecast based on 31 Wall Street analysts shows a consensus price target of $60.22, with estimates ranging from $50 (bear case) to $70 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $95, with bear/bull scenarios of $48/$204.
What is CGNX's fair value based on fundamentals?
Our quantitative valuation model calculates CGNX's fair value at $95 (base case), with a bear case of $48 and bull case of $204. 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 60/100.
What is CGNX's forward P/E ratio?
CGNX trades at a forward P/E ratio of 50.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 91.6x. 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.
Should I buy CGNX stock?
Analysts are cautious on CGNX, with 2 Sell ratings and a price target of $60.22 (-3.3% from current price). The "Hold" consensus suggests careful evaluation before buying. 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.
Why do CGNX price targets vary so much?
CGNX analyst price targets range from $50 to $70, a 33% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $60.22 consensus represents the middle ground. Our model's $48-$204 range provides an independent fundamental perspective.