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CGNX Overview

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Intellectia

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High
66.681
Open
66.220
VWAP
65.54
Vol
2.68M
Mkt Cap
10.96B
Low
64.089
Amount
175.42M
EV/EBITDA(TTM)
47.08
Total Shares
166.42M
EV
10.66B
EV/OCF(TTM)
42.63
P/S(TTM)
10.62
Cognex Corporation is a global technology company in industrial machine vision systems that seeks to improve efficiency and help solve critical manufacturing and distribution challenges, providing support across a diverse set of industrial end markets. The Company operates through the machine vision technology segment. Its solutions blend hardware and software to capture and analyze visual information, aiding the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing and distribution of discrete items, such as mobile phones, automotive components, and consumer goods, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.
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Events Timeline

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News

Yahoo Finance
6.0
10:04 AMYahoo Finance
JPMorgan Upgrades Cognex to Overweight with $75 Target
  • Positive Earnings Outlook: JPMorgan upgraded Cognex to Overweight with a $75 price target, betting on a 35x FY27 adjusted EBITDA multiple, indicating significant potential in AI-driven factory vision technology, which could double the customer base and mitigate recession impacts.
  • Significant Margin Improvement: Cognex's first-quarter adjusted EBITDA margins expanded over 1,000 basis points to 26.9%, with management guiding for 28-31% in Q2, showcasing strong profitability that boosts investor confidence.
  • Market Challenges and Opportunities: Despite facing headwinds from pulled-forward electronics demand in Q3, Cognex's gross margins exceeded 71%, and it anticipates $35-40 million in FY26 opex cuts, indicating proactive strategies in cost control and market adaptability.
  • AI Technology Driving Growth: JPMorgan's upgrade reflects confidence in Cognex's AI capabilities, encouraging investors to seize opportunities amid the AI boom, with expectations for long-term growth through technological innovation and market expansion.
seekingalpha
6.0
05-26seekingalpha
Industrial Automation Stocks Surge After J.P. Morgan Upgrades
  • Sector Recovery Signal: J.P. Morgan upgraded Timken (TKR), Allient (ALNT), and Cognex (CGNX) to Overweight, asserting that industrial activity is rebounding after a prolonged downturn, which is driving demand for robotics and AI infrastructure, signaling the start of a new growth cycle.
  • Strong Stock Performance: Timken shares surged 6.5% to a record high, Allient rose 12% to a three-week peak, and Cognex increased 3.5% to a two-week high, reflecting strong market confidence in industrial automation companies.
  • Improving Manufacturing Indicators: The ISM manufacturing index rose to 52.7, indicating a recovery in manufacturing activity, while Japanese machine-tool orders jumped 45.1% year-over-year, providing robust support for an investment cycle in industrial technology suppliers.
  • Strategic Investment Opportunities: J.P. Morgan believes that labor shortages, reshoring, and electrification trends will create a durable investment cycle for industrial technology suppliers, leading investors to be optimistic about the potential benefits for industrial automation companies from the AI spending boom.
CNBC
6.0
05-26CNBC
Latest Wall Street Rating Updates
  • Vipshop Rating Upgrade: UBS upgraded Vipshop (VIPS) from Neutral to Buy, indicating that despite near-term growth pressures, the company's earnings quality and shareholder returns are more attractive, showcasing resilience in a competitive e-commerce landscape.
  • Seaport Therapeutics Initiation: JPMorgan initiated coverage on Seaport Therapeutics (SPTX) with an Overweight rating and a price target of $42 for December 2027, reflecting bullish sentiment and highlighting the company's potential for growth in the biotech sector.
  • Apple Price Target Increase: Bank of America raised its price target on Apple (AAPL) from $330 to $380, emphasizing significant opportunities in agentic AI, while reiterating a Buy rating, which underscores confidence in the company's future growth trajectory.
  • Dave Inc. Initial Rating: UBS initiated coverage on Dave Inc. with a Buy rating and a price target of $300, suggesting that the market underestimates the durability of its high-velocity credit model and earnings growth trajectory, indicating strong future potential.
NASDAQ.COM
8.0
05-23NASDAQ.COM
Cognex Corporation Options Market Shows Significant Volatility
  • Options Market Volatility: Cognex's $40 call option expiring on November 20, 2026, exhibits some of the highest implied volatility among equity options, indicating that the market anticipates significant price movement, potentially linked to an upcoming event that could influence trading strategies.
  • Analyst Upgrades: Over the past 60 days, three analysts have raised their earnings estimates for Cognex's current quarter, increasing the Zacks Consensus Estimate from $0.30 to $0.42 per share, reflecting growing confidence in the company's future performance.
  • Investor Attention: The high implied volatility attracts options traders who may employ selling strategies to capture time decay, suggesting a cautiously optimistic outlook on Cognex's future stock movements.
  • Strong Industry Ranking: Cognex holds a Zacks Rank #2 (Buy) in the Electronics - Testing Equipment sector, placing it in the top 12% of its industry, which further bolsters investor confidence and may lead to increased capital inflow.
Yahoo Finance
9.5
05-17Yahoo Finance
Cognex Reports Strong Q1 Growth Driven by AI Products
  • Performance Exceeds Expectations: Cognex's Q1 revenue reached $268.4 million, surpassing analyst estimates of $245.6 million with a year-over-year growth of 24.3%, indicating robust demand across key markets like electronics, semiconductors, and logistics.
  • Profitability Improvement: Adjusted EPS was $0.34, exceeding the expected $0.25, reflecting a 37.1% increase, while adjusted EBITDA stood at $72.24 million with a margin of 26.9%, showcasing the company's success in cost control and sales transformation.
  • Optimistic Market Outlook: Management anticipates Q2 revenue guidance at $290 million, above analyst expectations of $268.3 million, reflecting confidence in future growth, particularly in packaging and large e-commerce logistics customers.
  • Strategic Transformation Success: The CEO highlighted the successful execution of new product introductions and sales force transformation, combined with strong market demand, driving performance improvements, with a focus on customer feedback for AI vision systems and realization of planned cost reductions in the future.
PRnewswire
3.5
05-13PRnewswire
Cognex Launches OneVision to Enhance AI Vision Applications
  • Customer Success Stories: Over 100 global clients have leveraged OneVision to transition from single-site applications to multi-site deployments, significantly reducing implementation timelines from months to days, thereby enhancing production efficiency and market responsiveness.
  • Cloud-to-Edge Architecture: OneVision employs a cloud-to-edge architecture that enables large-scale deployment of AI vision applications without adding complexity, ensuring real-time execution and minimizing production delays, which enhances overall operational efficiency.
  • Wide Industry Applications: In sectors such as automotive, electronics, food, and healthcare, clients report accelerated AI application development, improved yield, and enhanced consistency in inspection results, indicating the effectiveness and applicability of OneVision on a global scale.
  • Future Growth Expectations: Cognex anticipates that the official launch of OneVision will accelerate market demand, as manufacturers seek scalable AI vision solutions to further enhance the operational efficiency of their global production networks.
Wall Street analysts forecast CGNX stock price to rise
6 Analyst Rating
Wall Street analysts forecast CGNX stock price to rise
3 Buy
2 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
35.00
Averages
45.33
High
54.00
Current: 0.000
sliders
Low
35.00
Averages
45.33
High
54.00
JPMorgan
Neutral
to
Overweight
upgrade
$65 -> $75
AI Analysis
2026-05-26
New
Reason
JPMorgan
Price Target
$65 -> $75
AI Analysis
2026-05-26
New
upgrade
Neutral
to
Overweight
Reason
JPMorgan upgraded Cognex to Overweight from Neutral with a price target of $75, up from $65. The company \"continues to innovate\" with its AI-enabled solutions that are advancing customer reach and acquisition, the analyst tells investors in a research note. The firm believes Cognex is \"entering a new chapter,\" defined by AI-enabled vision systems and end market diversification. It believes Cognexs ongoing sales model transformation is driving a doubling of the customer base.
DA Davidson
Neutral
maintain
$55 -> $62
2026-05-14
Reason
DA Davidson
Price Target
$55 -> $62
2026-05-14
maintain
Neutral
Reason
DA Davidson raised the firm's price target on Cognex to $62 from $55 and keeps a Neutral rating on the shares after its Q1 results, with the firm boosting its outlook to reflect a more favorable organic growth outlook, mix benefits, and ongoing operating expense leverage. The company's end market outlook has marginally improved, while gross margin achievement exceeded the firm's views and expense leverage continues to track well, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CGNX
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Valuation Metrics

The current forward P/E ratio for Cognex Corp (CGNX.O) is 33.90, compared to its 5-year average forward P/E of 47.95. For a more detailed relative valuation and DCF analysis to assess Cognex Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
47.95
Current PE
33.90
Overvalued PE
60.35
Undervalued PE
35.54

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
36.09
Current EV/EBITDA
36.69
Overvalued EV/EBITDA
44.05
Undervalued EV/EBITDA
28.13

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
8.66
Current PS
9.24
Overvalued PS
11.16
Undervalued PS
6.16

Financials

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3M Return
N
NZS Capital, LLC
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+7.49%
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+7.33%
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American Capital Management, Inc.
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Frequently Asked Questions

What is Cognex Corp (CGNX) stock price today?

The current price of CGNX is 65.85 USD — it has decreased -0.24

What is Cognex Corp (CGNX)'s business?

Cognex Corporation is a global technology company in industrial machine vision systems that seeks to improve efficiency and help solve critical manufacturing and distribution challenges, providing support across a diverse set of industrial end markets. The Company operates through the machine vision technology segment. Its solutions blend hardware and software to capture and analyze visual information, aiding the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing and distribution of discrete items, such as mobile phones, automotive components, and consumer goods, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.

What is the price predicton of CGNX Stock?

Wall Street analysts forecast CGNX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CGNX is45.33 USD with a low forecast of 35.00 USD and a high forecast of 54.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Cognex Corp (CGNX)'s revenue for the last quarter?

Cognex Corp revenue for the last quarter amounts to 268.44M USD, increased 24.26

What is Cognex Corp (CGNX)'s earnings per share (EPS) for the last quarter?

Cognex Corp. EPS for the last quarter amounts to 0.31 USD, increased 121.43

How many employees does Cognex Corp (CGNX). have?

Cognex Corp (CGNX) has 2745 emplpoyees as of May 31 2026.

What is Cognex Corp (CGNX) market cap?

Today CGNX has the market capitalization of 10.96B USD.