COGNEX CORP stock forecast: up to 57.87 USD CGNX stock price prognosis

STOCK

Forecast for Thu 03 Aug 2023 price 58.00

COGNEX CORP stock price forecast for further price development up to 1.77% (time horizon: 1 day) and price target of 57.87 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) COGNEX CORP share price prediction for 2023-08-03 with daily closed price projections

Key Facts

Symbol CGNX 

ISIN US1924221039 

CUSIP 192422103

Currency USD

Category Industrial Instruments For Measurement, Display, And Control

Forecast price change %

News sentiment (-0.05)

News <--> Close correlation for next day influence (-0.12)

Finance numbers

Revenue 882,812,000.0

Earnings per share 1.27

Dividends 2.18

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Cognex operates in one segment, machine vision technology. Our products also have a variety of physical forms, depending upon the user\'s needs. At any point in time, we have numerous research and development projects underway. We also rely upon our contract manufacturers to meet delivery schedules. Any of these factors could have a material adverse effect on our operating results. Our Company may be subject to time-consuming and costly litigation.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/851205/000085120521000005/0000851205-21-000005.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 47.74/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - Front Row Advisors LLC 2023-03-31 150
AM Squared Ltd 2023-03-31 2400
INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 2023-03-31 101
LMCG INVESTMENTS, LLC 2023-03-31 72526
PINNACLE ASSOCIATES LTD 2023-03-31 563279

Fund ownership list is based on filling form information

Fund name Date Amount Profile
BlackRock Funds 2023-01-31 11403 Long
BlackRock Funds 2023-01-31 28438 Long
SUNAMERICA SERIES TRUST 2023-01-31 1806 Long
SUNAMERICA SERIES TRUST 2023-01-31 134055 Long
SUNAMERICA SERIES TRUST 2023-01-31 31924 Long

Insider trading for COGNEX CORP

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1194210 Alias Patrick 2023-03-06 SALE Reject Reject Reject Reject
1401616 Krantz Theodor 2023-02-23 SALE Reject Reject Reject Reject
Assets / Liabilities

Bollinger Bollinger Bands for COGNEX CORP can provide the information where the market is moving based on price information.

COGNEX CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns COGNEX CORP.

On-Balance Volume information for COGNEX CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for COGNEX CORP. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for COGNEX CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for COGNEX CORP. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for COGNEX CORP. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for COGNEX CORP. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for COGNEX CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

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News sentiment

COGNEX CORP on Nasdaq

COGNEX CORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-07-31 57.87 2023-06-08 12:59
2023-08-01 57.93 2023-06-08 12:59
2023-08-02 57.96 2023-06-08 12:59
2023-08-03 58.00 2023-06-08 12:59
2023-06-16 56.49 2023-06-08 12:59
2023-06-19 56.24 2023-06-08 12:59
2023-06-20 56.30 2023-06-08 12:59
2023-06-12 55.96 2023-06-08 12:59
2023-06-13 56.15 2023-06-08 12:59
2023-06-14 56.45 2023-06-08 12:59
2023-06-15 56.20 2023-06-08 12:59
2023-06-21 56.18 2023-06-08 12:59
2023-06-22 56.53 2023-06-08 12:59
2023-06-23 56.87 2023-06-08 12:59
2023-06-26 56.81 2023-06-08 12:59
2023-06-27 56.93 2023-06-08 12:59
2023-06-28 56.95 2023-06-08 12:59
2023-06-29 57.11 2023-06-08 12:59
2023-06-30 57.00 2023-06-08 12:59
2023-07-03 57.03 2023-06-08 12:59
2023-07-04 57.10 2023-06-08 12:59
2023-07-05 57.13 2023-06-08 12:59
2023-07-06 57.25 2023-06-08 12:59
2023-07-07 57.25 2023-06-08 12:59
2023-07-10 57.35 2023-06-08 12:59
2023-07-11 57.33 2023-06-08 12:59
2023-07-12 57.41 2023-06-08 12:59
2023-07-13 57.42 2023-06-08 12:59
2023-07-14 57.42 2023-06-08 12:59
2023-07-17 57.47 2023-06-08 12:59
2023-07-18 57.51 2023-06-08 12:59
2023-07-19 57.60 2023-06-08 12:59
2023-07-20 57.61 2023-06-08 12:59
2023-07-21 57.67 2023-06-08 12:59
2023-07-24 57.71 2023-06-08 12:59
2023-07-25 57.75 2023-06-08 12:59
2023-07-26 57.78 2023-06-08 12:59
2023-07-27 57.80 2023-06-08 12:59
2023-07-28 57.85 2023-06-08 12:59

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.