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CGNX Overview

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Intellectia

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High
67.159
Open
66.560
VWAP
66.31
Vol
3.83M
Mkt Cap
11.00B
Low
65.685
Amount
254.25M
EV/EBITDA(TTM)
47.27
Total Shares
166.42M
EV
10.70B
EV/OCF(TTM)
42.80
P/S(TTM)
10.66
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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Fool
6.5
06-11Fool
Financial Analysis of Cognex and Power Integrations
  • Cognex Financial Performance: In FY 2025, Cognex reported nearly $994.4 million in revenue, reflecting an 8.7% year-over-year growth, with net income around $114.4 million and a net margin of approximately 11.5%, indicating a steady recovery in industrial demand and ongoing adoption of automated inspection tools.
  • Power Integrations Revenue Growth: Power Integrations generated approximately $443.5 million in revenue for FY 2025, marking a 5.9% increase year-over-year, although its net margin decreased to about 5.0%, highlighting the importance of its high-voltage analog integrated circuits in power conversion.
  • Risk Analysis: Cognex faces significant risks from technological obsolescence, particularly in integrating AI into its systems, while Power Integrations is subject to the cyclical nature of the semiconductor industry and its reliance on third-party foundries, which could impact order fulfillment.
  • Valuation Comparison: Cognex trades at a forward P/E of 33.9, slightly above the sector benchmark, while Power Integrations has a P/S ratio of 9.4, indicating differences in market valuation, with Cognex expected to achieve a 12% revenue growth in 2026.
NASDAQ.COM
9.5
06-11NASDAQ.COM
Financial Analysis of Cognex and Power Integrations
  • Cognex Financial Performance: In FY 2025, Cognex reported revenue of nearly $994.4 million, reflecting an 8.7% year-over-year growth, with net income around $114.4 million and a net margin of approximately 11.5%, indicating a steady recovery in industrial demand and ongoing adoption of automated inspection tools.
  • Power Integrations Revenue Growth: During the same period, Power Integrations generated approximately $443.5 million in revenue, marking a 5.9% increase year-over-year, although its net margin decreased to about 5.0%; however, its debt-free status and a current ratio of 6.5x demonstrate strong short-term liquidity.
  • Market Competition Risks: Cognex faces intense competition from large tech firms and niche providers, particularly regarding the risk of technological obsolescence in AI integration, with 67% of its revenue derived from international markets, making it highly sensitive to trade tensions.
  • Future Growth Expectations: Cognex anticipates a 12% revenue increase in 2026 to about $1.1 billion, with net income projected to more than double to $240 million, showcasing its growth potential driven by a strong customer base, despite cautious market sentiment regarding its future valuation.
Yahoo Finance
6.5
06-11Yahoo Finance
Investment Analysis: Cognex vs Power Integrations
  • Cognex Financial Performance: In FY 2025, Cognex reported revenue of nearly $994.4 million, reflecting an 8.7% year-over-year growth, with a net income of approximately $114.4 million and a net margin of about 11.5%, indicating a steady recovery in industrial demand and ongoing adoption of automated inspection tools.
  • Power Integrations Market Risks: Power Integrations generated approximately $443.5 million in revenue for FY 2025, a 5.9% increase, but its net margin fell to 5.0%, primarily due to fluctuations in the semiconductor market, with its top ten customers accounting for 80% of revenue, adding significant business risk.
  • Technological Integration Challenges: Cognex faces risks of technological obsolescence, particularly in integrating artificial intelligence into its systems, which could impact its market position if it fails to keep pace with competitors, while Power Integrations must navigate the cyclical nature of the semiconductor industry, which can lead to sharp demand drops.
  • Future Growth Expectations: Cognex anticipates a 12% revenue increase in 2026 to about $1.1 billion, with net income expected to more than double to $240 million, showcasing strong performance across its customer base, while Power Integrations needs to identify new growth avenues in a competitive market.
Fool
6.5
06-10Fool
Aeva vs. Cognex: A Comparative Analysis of Computer Vision Market Strategies
  • Aeva's Growth Potential: Aeva's revenue reached $18.1 million in FY 2025, marking a 99.4% increase despite a net loss of approximately $145.4 million, indicating rapid expansion in automated driving and robotics, although a customer concentration of 64% adds significant business risk.
  • Cognex's Steady Performance: Cognex achieved approximately $994.4 million in revenue for FY 2025, an 8.7% increase, with a net income of about $114.4 million and a net margin of 11.5%, showcasing its stable profitability and leadership in the industrial automation sector.
  • Risk Profile Comparison: Aeva faces significant risks due to high customer concentration, which could severely impact financial performance if major clients withdraw, while Cognex contends with market pressures from low-cost competitors and international trade risks, particularly as 67% of its revenue comes from overseas markets.
  • Valuation Discrepancy: Aeva's P/S ratio stands at 80.2x, reflecting its high valuation in the early growth stage, whereas Cognex's Forward P/E is 41.0x, indicating a mature profit model and relatively stable financial condition, prompting investors to choose based on their risk appetite.
Yahoo Finance
6.0
05-31Yahoo 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.
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
Reason
JPMorgan
Price Target
$65 -> $75
AI Analysis
2026-05-26
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 47.75. 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
47.75
Current PE
33.90
Overvalued PE
60.24
Undervalued PE
35.26

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
36.07
Current EV/EBITDA
36.33
Overvalued EV/EBITDA
44.02
Undervalued EV/EBITDA
28.11

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
8.61
Current PS
9.15
Overvalued PS
11.05
Undervalued PS
6.17

Financials

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Frequently Asked Questions

What is Cognex Corp (CGNX) stock price today?

The current price of CGNX is 66.1 USD — it has increased 2.05

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 June 20 2026.

What is Cognex Corp (CGNX) market cap?

Today CGNX has the market capitalization of 11.00B USD.