Truist cuts Cognex stock target from USD 78.00 to USD 74.00
Published on 10/08/2026 at 22:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Truist cut its Cognex price target from USD 78.00 to USD 74.00 on October 5, 2026, while keeping a Hold rating.
- Cognex agreed to acquire RealSense for USD 500 million on September 22, 2026.
- Second-quarter revenue reached USD 291.26 million, up 16.90 percent year over year.
- Cognex stock was at EUR 54.40 at Lang & Schwarz on October 8, 2026, down 1.20 percent versus EUR 55.06.
Cognex (ISIN US1924221039) stock costs EUR 54.40 at Lang & Schwarz after-hours on October 8, 2026 at 10:33 p.m. CEST, down 1.20 percent from EUR 55.06. On October 5, 2026, Truist lowered its Cognex price target from USD 78.00 to USD 74.00 and kept a Hold rating, as Markets Insider reported.
Three events reset the growth story
On August 5, 2026, Cognex reported second-quarter revenue of USD 291.26 million and adjusted earnings per share of USD 0.45, versus a USD 0.42 consensus estimate, according to MarketScreener.
On September 22, 2026, Cognex announced an agreement to acquire RealSense for USD 500 million. The transaction adds 3D robotic perception and is expected to close in the fourth quarter of 2026, according to Cognex.
On October 5, 2026, Truist's USD 4.00 target reduction became the latest dated analyst signal. The lower target highlights the tension between Cognex's 16.90 percent second-quarter revenue growth and near-term industrial spending risks cited in the research note.
What does the USD 500 million deal add
RealSense is expected to generate USD 80 million to USD 90 million of revenue in 2026, with growth of more than 50 percent over the prior year, according to Cognex. The acquired platform serves robotic perception applications, while Cognex brings machine vision, industrial customers and global distribution.
Dates investors can measure
Cognex's next scheduled reporting date is October 28, 2026, after market close, with the conference call set for October 29, 2026 at 8:30 a.m. ET, according to MarketBeat. The published consensus calls for USD 0.52 in earnings per share and USD 313.73 million in revenue for the third quarter of 2026.
Stock stays below its yearly high
On Nasdaq, Cognex was last at USD 60.91 on October 8, 2026 at 4:00 p.m. ET. Its 52-week range was USD 34.60 to USD 72.88, and its market capitalization was USD 10.1 billion on that date. The current debate therefore combines a new robotics platform with a lower USD 74.00 analyst target and an upcoming results test.
The further course of trading is shown by the continuously updated real-time quote of Cognex stock.
Cognex stock facts
- Company: Cognex Corporation
- ISIN: US1924221039
- Ticker: CGNX
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 8, 2026, 10:33 p.m. CEST: EUR 54.40
- Change versus prior close: minus 1.20 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 55.06
- Market capitalization: USD 10.1 billion as of October 8, 2026
- 52-week range: USD 34.60-72.88 as of October 8, 2026
- Sector / Industry: Information technology / Electronic Equipment, Instruments and Components
- Index membership: Nasdaq Composite and S&P 600 SmallCap
- Next earnings date: October 28, 2026
Market context: Market report Nasdaq Composite.
