Cognex Future Growth

Future criteria checks 4/6

Cognex is forecast to grow earnings and revenue by 26.9% and 12.1% per annum respectively. EPS is expected to grow by 27.2% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

26.9%

Earnings growth rate

27.2%

EPS growth rate

Electronic earnings growth	14.5%
Revenue growth rate	12.1%
Future return on equity	13.0%
Analyst coverage	Good
Last updated	20 May 2024

Recent future growth updates

Recent updates

It Looks Like Cognex Corporation's (NASDAQ:CGNX) CEO May Expect Their Salary To Be Put Under The Microscope

Apr 25

Cognex Contends With Multiple Headwinds As New Fulfillment Center Activity Drops

Oct 04

Return Trends At Cognex (NASDAQ:CGNX) Aren't Appealing

Sep 23

Are Cognex Corporation (NASDAQ:CGNX) Investors Paying Above The Intrinsic Value?

Sep 08

News Flash: 16 Analysts Think Cognex Corporation (NASDAQ:CGNX) Earnings Are Under Threat

Aug 08

Cognex Corporation declares $0.065 dividend

Aug 02

We Ran A Stock Scan For Earnings Growth And Cognex (NASDAQ:CGNX) Passed With Ease

Aug 01

Cognex: I Like What I Am Seeing With This Vision Play

Jul 08

At US$42.97, Is It Time To Put Cognex Corporation (NASDAQ:CGNX) On Your Watch List?

Jun 20

The Returns At Cognex (NASDAQ:CGNX) Aren't Growing

Jun 05

Cognex Corporation's (NASDAQ:CGNX) Intrinsic Value Is Potentially 31% Above Its Share Price

May 15

Here's Why We Think Cognex (NASDAQ:CGNX) Is Well Worth Watching

May 01

Earnings and Revenue Growth Forecasts

NasdaqGS:CGNX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,234	280	287	387	8
12/31/2025	1,078	197	217	219	18
12/31/2024	937	120	173	201	18
3/31/2024	847	100	77	99	N/A
12/31/2023	838	113	90	113	N/A
10/1/2023	880	157	145	165	N/A
7/2/2023	893	172	189	207	N/A
4/2/2023	925	174	201	221	N/A
12/31/2022	1,006	216	224	243	N/A
10/2/2022	1,011	214	212	232	N/A
7/3/2022	1,086	259	193	213	N/A
4/3/2022	1,080	277	247	265	N/A
12/31/2021	1,037	280	299	314	N/A
10/3/2021	1,017	296	328	342	N/A
7/4/2021	983	304	348	361	N/A
4/4/2021	883	226	266	279	N/A
12/31/2020	811	176	229	242	N/A
9/27/2020	757	187	209	227	N/A
6/28/2020	689	141	190	209	N/A
3/29/2020	719	191	234	254	N/A
12/31/2019	726	204	232	253	N/A
9/29/2019	749	169	234	257	N/A
6/30/2019	798	208	247	271	N/A
3/31/2019	810	215	201	230	N/A
12/31/2018	806	219	186	223	N/A
9/30/2018	796	146	200	236	N/A
7/1/2018	830	168	168	206	N/A
4/1/2018	797	168	195	231	N/A
12/31/2017	766	177	N/A	224	N/A
10/1/2017	712	243	N/A	215	N/A
7/2/2017	594	194	N/A	223	N/A
4/2/2017	564	180	N/A	202	N/A
12/31/2016	530	144	N/A	182	N/A
10/2/2016	489	130	N/A	151	N/A
7/3/2016	449	103	N/A	160	N/A
4/3/2016	445	103	N/A	152	N/A
12/31/2015	451	108	N/A	128	N/A
10/4/2015	451	111	N/A	177	N/A
7/5/2015	498	133	N/A	142	N/A
4/5/2015	447	112	N/A	142	N/A
12/31/2014	426	111	N/A	164	N/A
9/28/2014	424	109	N/A	99	N/A
6/29/2014	360	82	N/A	88	N/A
3/30/2014	354	76	N/A	94	N/A
12/31/2013	308	67	N/A	95	N/A
9/29/2013	340	69	N/A	86	N/A
6/30/2013	330	66	N/A	100	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CGNX's forecast earnings growth (26.9% per year) is above the savings rate (2.4%).

Earnings vs Market: CGNX's earnings (26.9% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: CGNX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CGNX's revenue (12.1% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: CGNX's revenue (12.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CGNX's Return on Equity is forecast to be low in 3 years time (13%).

Cognex Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 9.0% to US$49.50

Consensus EPS estimates fall by 21%

Cognex Corporation Provides Earnings Guidance for the Fourth Quarter of 2023

Cognex Corporation Provides Earnings Guidance for the Third Quarter of 2023

Cognex Corporation Provides Earnings Guidance for the Second Quarter of 2023

Cognex Corporation Provides Earnings Guidance for the First Quarter of 2023

Recent updates

Price target increased by 9.0% to US$49.50

First quarter dividend of US$0.075 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Cognex Corporation Appoints Dennis Fehr as Chief Financial Officer, Effective May 3, 2024

It Looks Like Cognex Corporation's (NASDAQ:CGNX) CEO May Expect Their Salary To Be Put Under The Microscope

Cognex Corporation to Report Q1, 2024 Results on May 02, 2024

Returns On Capital At Cognex (NASDAQ:CGNX) Paint A Concerning Picture

Cognex Corporation, Annual General Meeting, May 01, 2024

Upcoming dividend of US$0.075 per share

Cognex (NASDAQ:CGNX) Will Pay A Dividend Of $0.075

Fourth quarter dividend of US$0.075 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 21%

Cognex Declares Quarterly Cash Dividend, Payable on March 14, 2024

Now 21% overvalued

Cognex: Visionary Strategy

Calculating The Intrinsic Value Of Cognex Corporation (NASDAQ:CGNX)

Cognex Corporation to Report Q4, 2023 Results on Feb 15, 2024

Chairman & Lead Independent Director exercised options to buy US$1.0m worth of stock.

Cognex (NASDAQ:CGNX) May Have Issues Allocating Its Capital

Cognex Corporation's (NASDAQ:CGNX) Price Is Out Of Tune With Earnings

Is It Too Late To Consider Buying Cognex Corporation (NASDAQ:CGNX)?

Upcoming dividend of US$0.075 per share at 0.8% yield

High number of new directors

Cognex Corporation Provides Earnings Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Cognex Corporation (NasdaqGS:CGNX) completed the acquisition of Moritex Corporation from Trustar Capital.

Cognex Corporation to Report Q3, 2023 Results on Oct 31, 2023

Cognex (NASDAQ:CGNX) Will Be Hoping To Turn Its Returns On Capital Around

Cognex Corporation (NasdaqGS:CGNX) agreed to acquire Moritex Corporation from Trustar Capital for ¥40 billion.

Upcoming dividend of US$0.07 per share at 0.6% yield

Cognex Corporation Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

What Is Cognex Corporation's (NASDAQ:CGNX) Share Price Doing?

Cognex Corporation to Report Q2, 2023 Results on Aug 03, 2023

Investors Could Be Concerned With Cognex's (NASDAQ:CGNX) Returns On Capital

Cognex Corporation(NasdaqGS:CGNX) dropped from Russell 1000 Growth-Defensive Index

Upcoming dividend of US$0.07 per share at 0.6% yield

Cognex Corporation Provides Earnings Guidance for the Second Quarter of 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

What Is Cognex Corporation's (NASDAQ:CGNX) Share Price Doing?

Cognex's (NASDAQ:CGNX) Returns On Capital Not Reflecting Well On The Business

High number of new directors

Investor sentiment deteriorates as stock falls 15%

CEO, President & Executive Director exercised options and sold US$113k worth of stock

Cognex Corporation Provides Earnings Guidance for the First Quarter of 2023

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Cognex Corporation Declares Quarterly Cash Dividend, Payable on March 17, 2023

What Does Cognex Corporation's (NASDAQ:CGNX) Share Price Indicate?

Cognex Corporation to Report Q4, 2022 Results on Feb 16, 2023

The Returns On Capital At Cognex (NASDAQ:CGNX) Don't Inspire Confidence

Independent Director exercised options and sold US$1.2m worth of stock

Cognex Corporation (NasdaqGS:CGNX) acquired SAC Sirius Advanced Cybernetics.

Consensus EPS estimates increase by 10%

Investor sentiment improved over the past week

Upcoming dividend of US$0.07 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Cognex Corporation Provides Revenue Guidance for the Fourth Quarter 2022

Should You Think About Buying Cognex Corporation (NASDAQ:CGNX) Now?

Cognex Corporation to Report Q3, 2022 Results on Nov 03, 2022

Cognex Contends With Multiple Headwinds As New Fulfillment Center Activity Drops

Return Trends At Cognex (NASDAQ:CGNX) Aren't Appealing

Cognex Corporation Revises Revenue Guidance for the Third Quarter of 2022

Are Cognex Corporation (NASDAQ:CGNX) Investors Paying Above The Intrinsic Value?

Upcoming dividend of US$0.065 per share

Consensus revenue estimates fall by 15%

News Flash: 16 Analysts Think Cognex Corporation (NASDAQ:CGNX) Earnings Are Under Threat

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Cognex Corporation Provides Earnings Guidance for the Third Quarter of 2022