Inside the research

Cognex Corporation

CGNX Research profile · latest available data

Price overview

$58.66

▲ +0.96 (+1.7%)

52w hi$72.32
52w lo$34.65
Vol1.69M
As of25 Sep 2026

The Verdict

Hold

Our score +0.45

Short+0.12
Medium+0.68
Long+0.65

computed 2026-09-27

Key fundamentals

Cognex Corporation

Technology · Scientific & Technical Instruments

Market cap$9.87B
Enterprise value$9.54B
Trailing P/E56.95x
Forward P/E29.05x
EV / EBITDA35.66x
P / S (ttm)9.06x
Profit margin16.1%
Return on equity11.1%
Revenue growth+16.9%
Earnings growth+79.2%
Debt / equity4.45

Layer Breakdown

LayerRawContribution
Fundamental+0.26
Sector+0.19
Technical+0.04
Earnings+0.00
Sentiment+0.25

macro × 1.00 · 2026-09-27

Business overview

Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks in the United States, Europe, Greater China, and internationally. Its machine vision products are used to automate the manufacture and distribution of discrete items, such as mobile phones, automotive components, and e-commerce packages, by locating, identifying, inspecting, and measuring them. The company offers VisionPro software, a suite of patented vision tools for traditional rule-based tools and deep learning-enabled tools for advanced programming; vision systems that combine smart cameras and software to perform a wide range of tasks, including part location, identification, measurement, assembly verification, and robotic guidance; OneVision, a cloud-based platform designed to transform how manufacturers build, train, and scale AI-powered vision applications; In-Sight product line of vision systems and sensors; QuickBuild, which allows customers to build vision applications with a graphical and flowchart-based programming interface; DataMan, an image-based barcode reader for fixed-mount and handheld models, as well as barcode verifiers; and vision accessories, such as industrial cameras, lenses, lighting, vision controllers, frame grabbers, and I/O cards. It sells its products to the automotive, logistics, packaging, consumer electronics, medical-related, semiconductor, and consumer products industries. The company was incorporated in 1981 and is headquartered in Natick, Massachusetts.

United States · www.cognex.com

Risk Metrics

Beta vs SPX1.48
Corr SPX0.46
Annual vol52.1%
Annual ret+32.4%
Sharpe0.62
Max DD-45.9%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$73.10
High / Low$94.00 / $55.00
Median$73.50
Analysts20
Strong Buy4
Buy11
Hold6
Sell0
Strong Sell0

Recent rating actions

2026-05-08Truist Securities→ Hold
2026-05-08Needham→ Buy
2026-05-08JP Morgan→ Neutral
2026-05-08Citigroup→ Neutral
2026-05-07Stephens & Co.→ Overweight
2026-04-20Truist Securities→ Hold

Material Events

DateEvent8-K
2026-08-05Earnings Release, Other Material Event…read
2026-05-06Earnings Release, Other Material Event…read
2026-04-30Officer / Director Change, Shareholder Vote…read
2026-02-17Officer / Director Change, Reg FD Disclosure…read
2026-02-11Earnings Release, Other Material Event…read
2025-11-03Auditor Change, Exhibitsread
2025-10-29Earnings Release, Other Material Event…read
2025-07-30Earnings Release, Other Material Event…read
2025-05-01Shareholder Voteread
2025-04-30Earnings Release, Officer / Director Change…read
2025-02-20Officer / Director Change, Bylaws Amendment…read
2025-02-12Earnings Release, Other Material Event…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-11Moschner MatthewCEO & PresidentSell1.60K$104.58K
2026-08-11Moschner MatthewCEO & PresidentOption exercise4.00K$205.96K
2026-08-11Moschner MatthewCEO & PresidentOption exercise1.60K$90.30K
2026-08-11Moschner MatthewCEO & PresidentOption exercise7.00K$299.88K
2026-08-11Moschner MatthewCEO & PresidentSell7.00K$445.27K
2026-08-11Moschner MatthewCEO & PresidentSell8.36K$532.00K
2026-08-11Moschner MatthewCEO & PresidentSell4.00K$261.44K
2026-08-07Moschner MatthewCEO & PresidentOption exercise5.00K—
2026-08-07Long Darren MarcVice PresidentWithheld for tax734$49.10K
2026-08-07Long Darren MarcVice PresidentOption exercise2.50K—

Flow & Concentration

Insider 180d net-$16.32M
Insider buys / sells0 / 25
Insider biasSellers
13F holders9
Top-5 share95.3%
HHI3,273 (concentrated)

Top Holders

HolderValueShares
State Street Corp$392.46M5.42M
AQR Capital Management$101.95M1.46M
Millennium Management$98.56M1.36M
Capital Research / Capital World$81.69M1.13M
Renaissance Technologies$37.48M517.56K
Fidelity / FMR LLC$21.59M298.06K
Citadel Advisors$12.83M177.20K
T. Rowe Price Group$453.03K6.26M
Bridgewater Associates$359.42K4.96K

As of 2026-06-30

Dividends

Yield (TTM)0.29%
$ / share (TTM)$0.17
5y CAGR-31.9%

Annual dividend per share

2021$0.24
2022$0.27
2023$0.29
2024$0.30
2025$0.33
2026$0.09

SEC Filings

DateFormDoc
2026-08-124view
2026-08-114view
2026-08-114view
2026-08-0610-Qview
2026-08-058-Kview
2026-05-284view
2026-05-124view
2026-05-124view
2026-05-084view
2026-05-0710-Qview
2026-05-068-Kview
2026-05-013view
2026-05-013view
2026-05-013view
2026-04-308-Kview

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$837.55M+7.3%
Gross profit$601.24M+7.2%
Operating income$162.57M+14.3%
Net income$114.44M+10.0%
Cash from ops$149.08M+6.4%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$57.79$58.94$57.60$58.661.69M
Sep 24$57.32$58.28$57.10$57.701.30M
Sep 23$58.26$59.36$57.54$58.191.85M
Sep 22$63.39$63.39$58.08$58.972.42M
Sep 21$62.92$62.96$61.29$61.991.55M

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