The Latest Breaking News from Cognex

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Over the past 3 months, 8 analysts have published their opinion on Cognex (NASDAQ:CGNX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Over the past 3 months, 7 analysts have published their opinion on Cognex (NASDAQ:CGNX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Over the past 3 months, 6 analysts have published their opinion on Cognex (NASDAQ:CGNX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Cognex (NASDAQ:CGNX) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:06 PM. Here's what investors need to know about the announcement. Earnings Cognex beat estimated earnings by 10.53%, reporting an EPS of $0.42 versus an estimate of $0.38.

Cognex (NASDAQ:CGNX) has observed the following analyst ratings within the last quarter:

Pulled from Benzinga Pro data, Cognex (NASDAQ:CGNX) posted Q4 earnings of $53.53 million, an increase from Q3 of 32.15%. Sales dropped to $244.06 million, a 14.32% decrease between quarters.

JPMorgan analyst Paul Chung upgraded Cognex Corp (NASDAQ:CGNX) to Neutral from Underweight with a price target of $68, down from $80, post the Q4 beat. The price target implies an upside of 10.3%. Cognex's Q4 FY21 revenue of $244.1 million beat the consensus of $222.96 million. EPS of $0.30 beat the consensus of $0.22. Cognex…