The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

CGNX

Concerning the House

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

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%
Quotation

$61.59

+0.92 (+1.5%)

52w hi$72.42
52w lo$34.70
Vol2.80M
As ofAug 13
The Verdict

Buy

Our score +0.53

Short+0.34
Medium+0.68
Long+0.58

computed 2026-08-13

By the Numbers

Cognex Corporation

Technology · Scientific & Technical Instruments

Market cap$10.36B
Enterprise value$9.87B
Trailing P/E59.22x
Forward P/E30.41x
EV / EBITDA36.93x
P / S (ttm)9.51x
Profit margin16.1%
Return on equity11.1%
Revenue growth+16.9%
Earnings growth+79.2%
Debt / equity4.45
Risk Metrics
Beta vs SPX1.47
Corr SPX0.47
Annual vol51.4%
Annual ret+35.7%
Sharpe0.70
Max DD-45.9%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.26
Sector+0.15
Technical+0.17
Earnings+0.00
Sentiment+0.23

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$60.60$62.34$60.44$61.592.80M
Aug 12$64.24$64.24$60.46$60.675.54M
Aug 11$65.36$65.64$62.80$62.901.92M
Aug 10$66.48$66.48$63.68$64.363.37M
Aug 7$68.39$70.14$66.79$66.892.38M