CGNX

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Cognex (CGNX) is back on investors’ calendars, with the company set to release its second quarter 2026 results after the market close on Wednesday, August 5, followed by a conference call the next morning. See our latest analysis for Cognex. Cognex’s share price is $63.89, with a 1 day share price return of 1.03% and a 90 day share price return of 15.12%. The 1 year total shareholder return stands at 90.27%, indicating strong recent momentum, although this contrasts with a weaker 5 year total shareholder return showing a decline of 21.84%. If you are watching how automation and machine vision are reshaping manufacturing, it can be worth casting a wider net with 32 robotics and automation stocks. After a 1 year total return of 90.27% and a current share price of $63.89, with a consensus target of $77.60 and an intrinsic estimate pointing lower, where might fair value for Cognex actually sit? Against the last close of $63.89, the most followed narrative puts Cognex fair value at $76.25, framing the recent share price strength in a different light. Read the complete narrative. Read the complete narrative. Want to see how this fair value rests on future earnings, margins, and customer mix instead of just recent share price moves? The key assumptions sit inside a detailed earnings ramp, a higher profitability profile and a specific valuation multiple that has been reserved for companies with similar growth and automation exposure. Result: Fair Value of $76.25 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, investors in Cognex still need to weigh hardware commoditisation and pricing pressure in China, along with slower adoption of cloud AI software as potential spoilers for this upbeat narrative. Find out about the key risks to this Cognex narrative. The 16.2% undervaluation implied by the $76.25 fair value contrasts with what current market multiples suggest for Cognex. The stock trades on a P/E of 74.6x, compared with a fair ratio of 42.3x, the US Electronic industry at 30.8x and peers at 55.9x. This points to richer pricing and a narrower margin for error. For a closer look at how this gap between current P/E, industry levels and the fair ratio might affect your risk and return expectations, see the...

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Cognex stock has delivered a strong 90.3% return over the past year, yet both the Discounted Cash Flow (DCF) intrinsic value estimate and market multiples currently point to the shares trading at a premium rather than an obvious bargain. Over the last 12 months, Cognex has returned 90.3%, which puts extra focus on whether recent gains already reflect much of the good news in factory automation and AI driven demand. Growing expectations around Cognex's role in AI enabled machine vision for factory automation can support higher valuations. At the same time, a rich sales multiple and exposure to cyclical risks such as trade tensions and order timing may limit how much investors are willing to pay up from here. On Simply Wall St's broader checks, Cognex scores 1 out of 6 on valuation, which leans expensive rather than offering clear value. The issue now is whether Cognex's current share price already reflects its factory automation opportunity, or if the premium over intrinsic value and multiples leaves too little margin for error. Cognex delivered 90.3% returns over the last year. See how this stacks up to the rest of the Electronic industry. The Discounted Cash Flow (DCF) model here projects Cognex’s future cash flows and discounts them back to today to estimate what the stock might be worth. For Cognex, the model is built on latest twelve month free cash flow of about $233.8 million and assumes those cash flows grow over time rather than shrink, using a 2 Stage Free Cash Flow to Equity framework. On these assumptions, the DCF model points to an intrinsic value of about $46.06 per share, which sits noticeably below the current share price and implies the stock screens as overvalued by roughly 38.7%. The recent focus on AI driven factory automation and Cognex’s machine vision products, highlighted by its presence at Automate 2026, helps explain why the market price is running ahead of what the cash flow projections currently support. On this DCF view, Cognex stock currently looks overvalued relative to its modeled cash flow potential. Our Discounted Cash Flow (DCF) analysis suggests Cognex may be overvalued by 38.7%. Discover 49 high quality undervalued stocks or create your own screener to find better value opportunities....

NATICK, Mass., July 16, 2026 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, will release earnings for the second quarter of 2026 on Wednesday, August 5, 2026, after market close. The Company will host a conference call on Thursday, August 6, 2026, at 8:30 a.m. Eastern Time (ET), to discuss the results. Access to the conference call, and a replay that will be available following the call, may be found on the Cognex Investor Relations website at https://www.cognex.com/investor. The telephone number for the live call is (877) 704-4573 or (201) 389-0911 if outside the United States. About CognexFor over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to become faster, smarter, and more efficient through automation. Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance for industries from automotive to consumer electronics to packaged goods. Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise. We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide. Learn more at cognex.com. Investor Relations Contact:Greer AvivHead of Investor RelationsCognex Corporation [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/cognex-announces-second-quarter-2026-earnings-release-and-conference-call-dates-302818870.html

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It has been about a month since the last earnings report for Cognex Corporation (CGNX). Shares have lost about 1.9% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Cognex due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Cognex came up with a solid first-quarter 2026 earnings beat, reflecting broad-based factory automation strength and continued momentum in logistics. Adjusted earnings of 34 cents per share beat the Zacks Consensus Estimate by 36%. The company had reported earnings of 16 cents in the year-ago quarter.Revenues came in at $268 million, up 24% year over year and beat the consensus mark by 9.84%. Cognex said demand improved across major end markets, led by electronics, semiconductor and packaging, while logistics posted its ninth consecutive quarter of double-digit growth. Management pointed to Purchasing Managers’ Index readings in expansion territory as supportive of the near-term demand environment.At the same time, management emphasized that Cognex remains a short-cycle business with limited visibility, especially into the second half. The company cited macro and geopolitical uncertainties that it continues to monitor, including energy costs, memory availability and pricing, and shifting interest-rate expectations. Cognex highlighted two new embedded AI vision systems, In-Sight 6900 and In-Sight 3900, as key strategic milestones in advancing its edge-to-cloud AI vision ecosystem. Management said both systems are built on the same In-Sight Vision Suite Software platform and integrate with OneVision to support scalable AI deployments.The company positioned In-Sight 6900 as a flexible controller for demanding, compute-intensive inspection applications, while describing In-Sight 3900 as a fast, easy-to-use embedded AI vision system designed to simplify advanced inspections. Cognex emphasized that these launches strengthen its presence in a significant portion of its served market and reinforce its goal of being the top provider of AI-powered machine vision. The company’s margin performance benefited from a favorable mix and volume, with adjusted gross margin rising 42...

Cognex Corporation (CGNX) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Cognex Corporation, as there has been strong agreement among the covering analysts in raising estimates. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $0.42 per share for the current quarter represents a change of +68.0% from the number reported a year ago. The Zacks Consensus Estimate for Cognex has increased 70.41% over the last 30 days, as three estimates have gone higher compared to no negative revisions. The company is expected to earn $1.43 per share for the full year, which represents a change of +40.2% from the prior-year number. There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, five estimates have moved up for Cognex versus one negative revision. This has pushed the consensus estimate 41.7% higher. The promising estimate revisions have helped Cognex earn a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Cognex shares have added 20.2% over the past four weeks, suggesting that investors are betting on its impressive estimate...

Cognex’s first quarter results were met with a positive market reaction, reflecting robust year-over-year growth and broad-based demand across key end markets. Management attributed the strong performance to a combination of new AI-powered product introductions, the successful transformation of the sales force, and ongoing momentum in electronics, semiconductor, and logistics segments. CEO Matt Moschner highlighted that “great execution on NPI [new product introductions], our sales force transformation kicking in and a strong demand environment are all contributing” to the quarter’s results, with particular strength in packaging and large e-commerce logistics customers. Is now the time to buy CGNX? Find out in our full research report (it’s free). Revenue: $268.4 million vs analyst estimates of $245.6 million (24.3% year-on-year growth, 9.3% beat) Adjusted EPS: $0.34 vs analyst estimates of $0.25 (37.1% beat) Adjusted EBITDA: $72.24 million vs analyst estimates of $51.72 million (26.9% margin, 39.7% beat) Revenue Guidance for Q2 CY2026 is $290 million at the midpoint, above analyst estimates of $268.3 million Operating Margin: 22.3%, up from 12.1% in the same quarter last year Market Capitalization: $10.93 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Joseph Ritchie (Goldman Sachs) asked about the relative impact of end market inflection versus internal initiatives; CEO Matt Moschner highlighted the combined effect of strong demand, sales force transformation, and successful new product launches. Thomas Moll (Stephens Inc.) inquired about the timing shift in consumer electronics orders; CFO Dennis Fehr clarified that Q2 will likely be the peak revenue quarter for that segment due to short-term order timing. Jacob Levinson (Melius Research) questioned changes in the R&D organization; Moschner explained that organizational changes and a unified software ecosystem have improved both the quality and adoption rate of new products. Piyush Avasthy (Citi) pushed for clarity on why full-year growth guidance is more conservative than current trends suggest; Moschner cited limited visibility and macro uncertainty rat...

Cognex Corporation (NASDAQ:CGNX) just released its latest quarterly results and things are looking bullish. The company beat forecasts, with revenue of US$268m, some 9.1% above estimates, and statutory earnings per share (EPS) coming in at US$0.31, 29% ahead of expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Cognex after the latest results. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Taking into account the latest results, the most recent consensus for Cognex from 20 analysts is for revenues of US$1.08b in 2026. If met, it would imply a reasonable 2.8% increase on its revenue over the past 12 months. Per-share earnings are expected to leap 47% to US$1.26. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$1.06b and earnings per share (EPS) of US$1.21 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates. See our latest analysis for Cognex The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 12% to US$73.10. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Cognex at US$80.00 per share, while the most bearish prices it at US$55.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Cognex shareholders. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. One thing stands out from these estimates, which is that Cognex is forecast to grow faster in the future than it has in the past, with revenues expected to display 3.7% ann...

Cognex CGNX came up with a solid first-quarter 2026 earnings beat, reflecting broad-based factory automation strength and continued momentum in logistics. Adjusted earnings of 34 cents per share beat the Zacks Consensus Estimate by 36%. The company had reported earnings of 16 cents in the year-ago quarter. Revenues came in at $268 million, up 24% year over year and beat the consensus mark by 9.84%. Cognex said demand improved across major end markets, led by electronics, semiconductor and packaging, while logistics posted its ninth consecutive quarter of double-digit growth. Management pointed to Purchasing Managers’ Index readings in expansion territory as supportive of the near-term demand environment. At the same time, management emphasized that Cognex remains a short-cycle business with limited visibility, especially into the second half. The company cited macro and geopolitical uncertainties that it continues to monitor, including energy costs, memory availability and pricing, and shifting interest-rate expectations. Cognex Corporation price-consensus-eps-surprise-chart | Cognex Corporation Quote Cognex highlighted two new embedded AI vision systems, In-Sight 6900 and In-Sight 3900, as key strategic milestones in advancing its edge-to-cloud AI vision ecosystem. Management said both systems are built on the same In-Sight Vision Suite Software platform and integrate with OneVision to support scalable AI deployments. The company positioned In-Sight 6900 as a flexible controller for demanding, compute-intensive inspection applications, while describing In-Sight 3900 as a fast, easy-to-use embedded AI vision system designed to simplify advanced inspections. Cognex emphasized that these launches strengthen its presence in a significant portion of its served market and reinforce its goal of being the top provider of AI-powered machine vision. The company’s margin performance benefited from a favorable mix and volume, with adjusted gross margin rising 420 basis points (bps) year over year to 71.8%, despite a modest tariff headwind. On costs, adjusted operating expenses rose 9% year over year to $125.1 million, reflecting higher incentive compensation and commissions tied to outperformance, as well as higher stock-based compensation. Management noted continued progress on cost actions, including reorganization charges of $4.8 million that were excluded from adju...

Interested in Cognex Corporation? Here are five stocks we like better. Cognex reported a strong Q1 with revenue up 24% YoY, adjusted EPS soaring 113% to $0.34, adjusted EBITDA margin expanding to 26.9% (up 1,010 bps), and trailing-12-month free cash flow conversion at 119%, while returning $113M to shareholders including $99M in buybacks. Strategic push into edge AI and portfolio optimization: the company launched two embedded AI vision systems (In‑Sight 6900 and In‑Sight 3900) to deepen its position in roughly $3.5B of served market, completed the divestiture of its Japan trading business, and is targeting $35–$40M of annualized net cost reductions by end‑2026. Demand remains broad but visibility is limited: Q1 strength was broad‑based across logistics, packaging, electronics and semiconductors, yet management flagged macro and geopolitical risks and provided Q2 guidance of $280–$300M revenue, 28–31% adjusted EBITDA margin, and $0.40–$0.44 adjusted EPS. Analysts Are Bullish on These 3 Laser Tech Companies Cognex (NASDAQ:CGNX) opened 2026 with what CEO Matt Moschner described as an “exceptional start to the year,” delivering double-digit year-over-year growth in revenue, adjusted EBITDA, and adjusted EPS that “meaningfully exceed[ed] our expectations and consensus.” The company also reiterated that it remains on track with strategic priorities spanning innovation, portfolio optimization, and cost productivity as it navigates what management called an uncertain macro backdrop. Moschner said the company has moved with “urgency to focus our strategy, strengthen execution, and position Cognex for sustainable, profitable growth,” nearly a year after his CEO appointment was announced. On the call, he highlighted progress across three areas: Innovation: Cognex announced two new embedded AI vision systems, the In-Sight 6900 and In-Sight 3900, as part of its push to be the “number one provider of AI-powered machine vision.” Portfolio optimization: The company completed the divestiture of its Japan-focused trading business on April 1, which Moschner said was ahead of schedule and in line with expected proceeds. Cost and productivity: Management reiterated it is on track to achieve $35 million to $40 million in annualized net cost reductions by the end of 2026. → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? 3 Underrated Robotics Stocks Poised for Major...

Image source: The Motley Fool. Thursday, May 7, 2026 at 8:30 a.m. ET Chief Executive Officer — Matt Moschner Chief Financial Officer — Dennis Fehr Matt Moschner: Thanks, Greer. Good morning, everyone, and thank you for joining us today. It's hard to believe that nearly a year has passed since my appointment as CEO was announced. Since then, my leadership team and I have moved with urgency to focus our strategy, strengthen execution and position Cognex for sustainable, profitable growth. I'm proud of the progress the team has made and excited about the huge potential still ahead of us. That progress is clearly reflected in our Q1 results as we delivered an exceptional start to the year. In Q1, revenue, adjusted EBITDA and adjusted EPS each achieved double-digit year-on-year growth, meaningfully exceeding our expectations and consensus. Turning to Page 3 of our earnings presentation. I'll start with a strategy update. First, innovation. We're advancing our technology leadership with the launch of 2 breakthrough AI vision systems, reinforcing our goal to be the #1 provider of AI-powered machine vision . I will cover these new product introductions in more detail shortly. Second, on portfolio optimization, we successfully completed the divestiture of our Japan-focused trading business on April 1, ahead of schedule and in line with our expected proceeds. Third, on cost and productivity, we remain on track to achieve the $35 million to $40 million in net cost reductions we announced last quarter. These actions help streamline our organization and will support durable margin expansion. Dennis will provide more details on this later in the call. Turning to Page 4. I am pleased to announce 2 new embedded vision systems, the In-Sight 6900 and In-Sight 3900. Both breakthrough technologies share the same foundation, more AI computing power at the edge, seamless integration with OneVision and all built on the same In-Sight Vision Suite Software platform. With OneVision now broadly commercially available, these launches enhance our edge-to-cloud AI vision ecosystem and reinforce our leadership in delivering high-performance, scalable and easy-to-deploy AI solutions. Both strengthen our position in approximately $3.5 billion of our $7 billion served market. Starting with the In-Sight 6900. This product is designed for customers who need our most powerful AI vision tools, b...

Performance outperformance was driven by a combination of broad-based customer demand, successful new product introductions (NPI), and a maturing sales force transformation. The company is shifting its product paradigm from programmatic interfaces to AI-based visual inspection that is trained by example, reducing engineering costs for customers. Strategic portfolio optimization was advanced by the divestiture of the Japan-focused trading business, allowing for a more focused resource allocation toward high-margin core vision products. Logistics growth is being sustained by layering vision capabilities on top of traditional barcode reading, creating higher ROI and pricing differentials for customers. Management attributed strong China performance to localization efforts, including local distribution, manufacturing, and country-specific engineering teams. The operating model transformation is focused on decoupling OpEx growth from revenue growth to drive long-term margin expansion. Automotive demand is being driven by a mandate for quality assurance and labor scarcity mitigation, despite ongoing structural uncertainty in the European market. Q2 guidance assumes a peak in consumer electronics revenue due to approximately $7 million in order timing shifting forward from Q3. Management maintains a cautious stance on the second half of 2026 due to limited visibility and macro risks including geopolitical conflict and rising energy costs. The company expects a 50 basis point headwind from memory costs in Q3, though it anticipates offsetting most inflationary pressures through pricing over time. Logistics growth is expected to normalize to mid-to-high single digits as year-over-year comparisons become more challenging in the latter half of the year. The company remains on track to achieve $35 million to $40 million in annualized net cost reductions by the end of 2026, excluding FX. The divestiture of the Japan-focused trading business will create a $5 million revenue headwind in Q2 and each subsequent quarter. A $13 million year-over-year headwind is expected in Q3 due to the expiration of a one-time commercial partnership benefit from the prior year. Management noted lengthening lead times for certain components like memory and image sensors, though they believe their supplier relationships mitigate this risk. Tariffs remain a persistent gross margin headwind, thou...