
Cognex (CGNX) Stock Forecast & Price Target
Cognex (CGNX) Analyst Ratings
Bulls say
Cognex Corp reported a significant revenue increase of 18% year-over-year, reaching $277 million, with adjusted revenues showing strong performance at 13% growth when excluding contributions from a commercial partnership. The company also highlighted impressive profitability, with EBITDA rising 67% year-over-year to $68.8 million, driven by enhanced operating leverage and cost discipline. Additionally, Cognex generated $86 million in free cash flow, a notable increase from $56 million in the previous year, underscoring the firm’s strong financial health and operational efficiency.
Bears say
Cognex Corp is facing a negative outlook primarily due to weakening demand in the automotive sector, which constitutes 22% of its 2024 sales, with year-over-year declines reported during the quarter. Additional challenges arise from mixed demand across other markets, particularly in the semiconductor space, and overall economic conditions that could lead to order deferrals from significant customers in its factory automation business. The company's projected EBITDA margins remain flat year-on-year, indicating constrained operational efficiency amid ongoing investments and rising costs associated with trade and tariffs, further complicating its financial resilience.
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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