Cognex (CGNX)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-05
$47.50-10.48%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-05
Research Workspace
Put CGNX beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Electronic Equipment & Instruments is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 16% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 34% in its worst 12-month stretch.
View RiskCognex's margin expansion has to keep compounding to justify the price. Revenue growth is slowing, falling from 24% to 13% year over year. The latest quarter beat estimates with strong demand. It trades at 30x earnings versus a 25x peer median. The price reflects less growth than our forecast. A guidance cut is the specific risk to watch. Peer multiples imply a price roughly in line with where it trades (about fair). This read is provisional.
Trailing returns as of 2026-11-05. CGNX is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 20 analysts currently covering CGNX (as of Nov 2026).
Based on 7 Wall Street analysts offering 12-month price targets for CGNX in the last 4 months.
Continue this research
Compare CGNX with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| CGNX Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-11-05. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Electronic Equipment & Instruments — fair value, gap to price, and forward P/E.
Compare the value case
Put CGNX next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Expand operating income and margins
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-05. EPS is implied from price ÷ P/E. Not investment advice.
Current $47.50
The last 12 months of price, then the range of analyst 12-month targets from today’s $47.50.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Official revenue guidance confirms margin expansion trajectory.
Advances: Expand operating income and margins
Directly validates margin expansion and operating income growth objectives.
Advances: Increase revenue growth
Record revenue and margin gains indicate strong growth.
Advances: Increase revenue growth
AI-driven growth aligns with revenue growth objectives.
Advances: Advance AI-enabled machine vision product leadership
Product diversification enhances AI-enabled leadership.
Advances: Expand operating income and margins
Margins expanded significantly, supporting income objectives.
Advances: Expand operating income and margins
Margin expansion aligns with cost objectives.
Advances: Expand adjusted EBITDA margin
Earnings call highlights positive EBITDA trends.