Cognex (NASDAQ:CGNX) Stock Price Target Cut by Stephens

Cognex (NASDAQ:CGNX) had its price target dropped by stock analysts at Stephens from $85.00 to $70.00 in a report released on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the scientific and technical instruments company’s stock. Stephens‘s target price would indicate a potential upside of 46.98% from the stock’s previous close.

Several other research firms have also recently weighed in on CGNX. Robert W. Baird cut their price objective on Cognex from $78.00 to $70.00 and set a “neutral” rating on the stock in a report on Wednesday, September 23rd. The Goldman Sachs Group restated a “buy” rating and set a $91.00 target price on shares of Cognex in a report on Friday, August 7th. KeyCorp reduced their price target on shares of Cognex from $80.00 to $65.00 and set an “overweight” rating for the company in a report on Friday. HSBC downgraded shares of Cognex from a “buy” rating to a “hold” rating and set a $65.00 price objective for the company. in a research report on Monday, August 10th. Finally, Truist Financial cut their price objective on shares of Cognex from $74.00 to $57.00 and set a “hold” rating on the stock in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $72.93.

Cognex Price Performance

Shares of NASDAQ CGNX traded up $0.14 during midday trading on Friday, reaching $47.63. 2,758,338 shares of the stock were exchanged, compared to its average volume of 2,131,928. Cognex has a 12 month low of $34.60 and a 12 month high of $72.88. The company has a market capitalization of $8.01 billion, a price-to-earnings ratio of 33.22 and a beta of 1.49. The business has a 50-day simple moving average of $59.36 and a two-hundred day simple moving average of $57.99.

Cognex (NASDAQ:CGNX) last issued its quarterly earnings data on Wednesday, November 4th. The scientific and technical instruments company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.52 by $0.01. The business had revenue of $313.39 million for the quarter, compared to the consensus estimate of $313.62 million. Cognex had a return on equity of 16.24% and a net margin of 21.50%. The firm’s revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 EPS. Equities research analysts expect that Cognex will post 1.68 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Cognex during the 2nd quarter worth about $1,158,123,000. Pictet Asset Management Holding SA boosted its stake in shares of Cognex by 2.7% during the 3rd quarter. Pictet Asset Management Holding SA now owns 5,985,986 shares of the scientific and technical instruments company’s stock worth $363,002,000 after buying an additional 156,108 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Cognex by 81.0% during the 1st quarter. Janus Henderson Group PLC now owns 2,660,411 shares of the scientific and technical instruments company’s stock worth $130,320,000 after buying an additional 1,190,434 shares during the last quarter. Jupiter Topco LLC bought a new position in shares of Cognex in the 2nd quarter valued at about $161,425,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Cognex by 0.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,227,288 shares of the scientific and technical instruments company’s stock valued at $135,085,000 after acquiring an additional 11,927 shares in the last quarter. Institutional investors and hedge funds own 88.12% of the company’s stock.

More Cognex News

Here are the key news stories impacting Cognex this week:

• Positive Sentiment: Cognex reported record Q3 results: adjusted EPS of $0.53 beat estimates, and revenue rose 13% year over year to $313.4 million. Management raised its 2026 revenue outlook to $1.14 billion–$1.16 billion and cited margin-expansion opportunities, stronger logistics demand, and potential growth from its planned RealSense acquisition. Q3 earnings call highlights
• Positive Sentiment: The company raised its quarterly dividend 5.9% to $0.09 per share, signaling a modest increase in shareholder returns. Dividend announcement
• Negative Sentiment: Truist cut its price target to $57 and maintained a Hold rating; KeyCorp lowered its target to $65 but retained Overweight, and Needham reduced its target to $70 while keeping Buy. The repeated target reductions may weigh on sentiment, though all three targets remain above the stock’s recent price. Truist rating information

About Cognex

Cognex Corporation develops machine vision and industrial identification technologies that help manufacturers and businesses automate inspection, measurement, guidance, and tracking processes. Its systems use cameras, sensors, software, and artificial intelligence to analyze images and identify products, defects, components, and other objects.

The company’s product portfolio includes vision systems, industrial cameras, vision sensors, barcode readers, optical character recognition tools, three-dimensional vision systems, and machine vision software.