
Cognex (CGNX) Stock Forecast & Price Target
Cognex (CGNX) Analyst Ratings
Bulls say
Cognex Corp reported robust financial performance, with revenues increasing 18% year-over-year to $277 million, surpassing both guidance and consensus estimates. The company's EBITDA saw a remarkable 67% year-over-year rise to $68.8 million, driven by enhanced operating leverage and cost discipline, while free cash flow also grew significantly to $86 million from $56 million in the previous year. Key growth areas, including packaging and consumer electronics, highlight the company's strategic positioning to capitalize on market dynamics such as reshoring activity, supporting a positive long-term outlook.
Bears say
Cognex Corp faces a challenging outlook as automotive demand, constituting 22% of its 2024 sales, continues to weaken year-over-year due to a slowdown in project activity and declining investment levels, particularly in the U.S. and Europe. The company's guidance for EBITDA margins suggests little to no growth compared to the previous year, indicating tight operational management amid a tough market environment. Additional risks include a slowing global economy, which could lead to deferred orders in its factory automation business and affect overall revenue estimates, prompting a slight downward adjustment in projections for 2026.
This aggregate rating is based on analysts' research of Cognex and is not a guaranteed prediction by Public.com or investment advice.
Cognex (CGNX) Analyst Forecast & Price Prediction
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