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Cognex Corporation

CGNXNASDAQ
Technology
Hardware, Equipment & Parts
$34.74
$1.42(4.26%)

Cognex Corporation (CGNX) Stock Overview

Explore Cognex Corporation’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B

Score: 69.3/100

Key Financials

Market Cap5.8B
P/E Ratio50.28
EPS (TTM)$0.72
ROE0.08%
Fundamental Analysis

AI Price Forecasts

1 Week$29.98
1 Month$35.20
3 Months$30.69
1 Year Target$34.59

CGNX Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Cognex Corporation (CGNX) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 73.82, suggesting the stock is in an overbought condition. Our forecasting models predict significant price movements, with a 12-month target of $34.59.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 50.28 and a market capitalization of 5.8B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Technical Indicators

73.82RSI (14)
0.98MACD
28.10ADX
Revenue Growth
9.19%
9.19%
Profit Growth
$0.70
6.24%
EPS Growth
$0.70
6.06%
Operating Margin
13.80%
11.96%
ROE
7.80%
6.24%
Dividend Yield
0.00%
7.13%

Analyst Recommendations

Strong Buy
0
Buy
3
Hold
1
Sell
0
Strong Sell
0

Price Targets

Low$38.00
Average$48.17
High$57.00

Company Profile

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.

CEO

Robert J. Willett

Employees

2,914

Headquarters

One Vision Drive, Natick, MA

Founded

1989

Frequently Asked Questions

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