# Cognex Corporation  Share Price Target ‘$49.69’, now 7.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/cognex-corporation-share-price-target-49.69-now-7.4-upside-potential/4121160255
- Published: 2024-06-14T12:51:51+01:00
- Author: Charlotte Edwards

**Cognex Corporation** with ticker code (CGNX) now have 16 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between $60.00 and $40.00 and has a mean share
price target at $49.69. (at the time of writing). Given that the stocks previous
close was at $46.27 this would indicate that there is a potential upside of 7.4%.
Also worth taking note is the 50 day moving average now sits at $43.58 while the
200 day moving average is $40.55. The market capitalization for the company is 7.80B.
The stock price for the company is currently $45.17 USD

 The potential market cap would be $8,380,652,898 based on the market consensus.

The company has a dividend yield of 2.09%. Other points of data to note are a P/
E ratio of 79.25, revenue per share of $4.93 and a 3.64% return on assets.

Cognex Corporation is a provider of machine vision products that capture and analyze
visual information to automate manufacturing and distribution tasks where vision
is required. The Company’s solutions blend physical products and software to capture
and analyze visual information, allowing for the automation of manufacturing and
distribution tasks for customers worldwide. It offers a range of machine vision 
systems and sensors, vision software, and industrial image-based barcode readers
designed to meet customer needs at different performance and price points. Its products
range from deep learning solutions that solve complex applications with unpredictable
defects and deviations, to lower-cost vision sensors that conduct simple presence/
absence inspections. Its products are used to automate the manufacturing or distribution
and tracking of discrete items, such as mobile phones, electric vehicle batteries,
and e-commerce packages, by locating, identifying, and inspecting them.

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