CGNX
Cognex Corporation
CGNX
58.97USD
-4.87%
Sep 23, 2026
Price
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Price Action
Constructive pullback in an uptrend
Longer-term context reads established trend, with a near-term setup of constructive pullback.
EntryWeak / unconfirmed recovery
The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.
Key Financials
- Market Cap
- $9.9B
- Avg Volume (60D)
- 2.0M
- Revenue Growth YoY
- +8.7%
- Gross Margin
- +68.9%
- Operating Margin
- +21.9%
- Free Cash Flow Yield
- +2.7%
- Distance from 200DMA
- +7.7%
- Next Earnings
- 2026-10-28
- P/E
- 56.8x
60 sessions
FY2025 vs FY2024
Trailing twelve months
Trailing twelve months
Market metrics as of Sep 22, 2026
Financial results for the period ended Jul 5, 2026
Filed balance-sheet data as of Jul 5, 2026
Fundamentals & Valuation
One of the two valuation perspectives says expensive; intrinsic is the dissenting view.
Cognex Corporation carries a Expensive valuation stance that the scored components do not clearly support. Treat it as unresolved.
Company Research
Thesis
Cognex is a direct, specialized supplier of industrial machine-vision hardware and software used on manufacturing lines and in warehouse and distribution workflows. CGNX has a genuine, high-directness fit to industrial automation and Physical AI rather than a generic association with AI.
Opportunity
Moderate opportunity
Factory and logistics automation spending on industrial vision systems that inspect products, identify and trace items, measure objects, and provide perception for robotic handling and guidance.
Key risk
Cyclical demand tied to manufacturing activity.
Narrative & Theme
Industrial Automation and Physical AI
Part of Machine Vision for Automated Inspection, Robot Guidance and Traceability, with strong fit.
CGNX has a genuine, high-directness fit to industrial automation and Physical AI rather than a generic association with AI.
Narrative HeatHeating up7.7 / 10
Theme HeatHeating up7.7 / 10
Business & Markets
Technology · Scientific & Technical Instruments
What they do
Cognex Corporation develops and sells machine vision products that capture and analyze visual information to automate manufacturing and distribution processes globally.
How it earns
The company generates revenue primarily through transactional sales of hardware and software products.
Products & services
Machine vision hardware
VisionPro software suite
Customers & end markets
Manufacturers of discrete items
Distribution centers for e-commerce packages
Market position
Leader in machine vision systems for automation and robotics.
Demand drivers
Medium cyclicality
Demand is linked to manufacturing and industrial automation cycles which can fluctuate with economic conditions.
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