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Cognex (CGNX, Electronic Equipment & Instruments) Stock Valuation & Fair Value Significantly overvalued

Cognex (CGNX, Electronic Equipment & Instruments) trades at a blended P/E of 41.3, about 8% above its historical normal valuation, with a forward growth estimate of 20.6% and a PEG of 2.00. Analysts' one-year estimates have been hit 27% of the time. Priced at its historical normal P/E of 38.3 on the same blended earnings, the 2026-09-18 close of $61.56 corresponds to about $57.20 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-09-21
Blended P/E
41.3
Normal P/E
38.3
PEG
2.00
Fwd growth
20.6%
Div yield
0.6%
RSI (14)
41.7
Neutral

The Street vs SeerForecast

Wall Street's mean price target for CGNX is $80.05 across 19 analysts, 37.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from trading above fair value (2026-07-31) to significantly overvalued (2026-09-21).

Blended P/E and rating by weekBlended P/E moved from 48.5 to 41.3 between 2026-07-31 and 2026-09-21, against a normal P/E of 38.3, with 5 rating changes over 18 recorded weeks.2026-07-31: P/E 48.5, Trading above fair value (recalculated)2026-08-03: P/E 50.5, Significantly overvalued2026-08-07: P/E 50.5, Significantly overvalued (recalculated)2026-08-10: P/E 47.4, Trading above fair value2026-08-14: P/E 47.4, Trading above fair value (recalculated)2026-08-17: P/E 45.9, Significantly overvalued2026-08-21: P/E 45.9, Significantly overvalued (recalculated)2026-08-24: P/E 42.0, Trading above fair value2026-08-27: P/E 42.0, Trading above fair value (recalculated)2026-08-28: P/E 42.0, Trading above fair value (recalculated)2026-08-30: P/E 42.0, Trading above fair value (recalculated)2026-08-31: P/E 41.6, Trading above fair value2026-09-05: P/E 41.6, Trading above fair value (recalculated)2026-09-07: P/E 42.4, Trading above fair value2026-09-12: P/E 42.4, Trading above fair value (recalculated)2026-09-14: P/E 43.4, Significantly overvalued2026-09-19: P/E 43.4, Significantly overvalued (recalculated)2026-09-21: P/E 41.3, Significantly overvalued40.045.050.0Jul 31Aug 13Aug 26Sep 8Sep 21Normal P/E 38.3
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-07-31P/E 48.5+27%Trading above fair value
2026-08-03P/E 50.5+32%Significantly overvalued
2026-08-10P/E 47.4+24%Trading above fair value
2026-08-17P/E 45.9+20%Significantly overvalued
2026-08-24P/E 42.0+10%Trading above fair value
2026-09-14P/E 43.4+13%Significantly overvalued
2026-09-21P/E 41.3+8%Significantly overvalued ← now

Frequently asked questions

Is Cognex stock overvalued?

At a blended P/E of 41.3 versus its historical normal P/E of 38.3, Cognex trades about 8% above its typical valuation, with a PEG of 2.00 on 20.6% forward growth. tickerseer currently rates it significantly overvalued.

What is Cognex's fair value and PEG?

Cognex trades at a blended P/E of 41.3 against a historical normal P/E of 38.3, a PEG of 2.00, and a forward growth estimate of 20.6%. Priced at its historical normal P/E of 38.3 on the same blended earnings, the 2026-09-18 close of $61.56 corresponds to about $57.20 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Cognex changed?

tickerseer's rating moved from trading above fair value (2026-07-31) to significantly overvalued (2026-09-21).

What is the analyst price target for Cognex?

The mean Wall Street price target for Cognex is $80.05 across 19 analysts, 37.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Electronic Equipment & Instruments. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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