On May 5, 2025, DA Davidson analyst Matthew Summerville revised the price target for Cognex (CGNX, Financial), a leader in machine vision systems. The analyst has lowered the price target from $35.00 to $32.00 USD, reflecting a percentage change of -8.57%.
Despite the reduction in price target, the rating for Cognex (CGNX, Financial) remains unchanged at Neutral. This indicates that DA Davidson maintains a cautious stance on the stock, suggesting it may perform in line with the market's average expectations.
Investors should note that the adjustments by DA Davidson reflect the analyst's current market outlook for Cognex (CGNX, Financial). The stock continues to be traded on the NASDAQ exchange, where it is subject to market volatility and investor sentiment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Cognex Corp (CGNX, Financial) is $36.99 with a high estimate of $56.00 and a low estimate of $27.00. The average target implies an upside of 31.34% from the current price of $28.16. More detailed estimate data can be found on the Cognex Corp (CGNX) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Cognex Corp's (CGNX, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cognex Corp (CGNX, Financial) in one year is $47.90, suggesting a upside of 70.1% from the current price of $28.16. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cognex Corp (CGNX) Summary page.
