Cognex Corporation (CGNX)

NASDAQ: CGNX · IEX Real-Time Price · USD
47.09
+0.24 (0.51%)
At close: May 14, 2024, 4:00 PM
47.08
-0.01 (-0.02%)
After-hours: May 14, 2024, 6:23 PM EDT
0.51%
Market Cap 8.08B
Revenue (ttm) 847.22M
Net Income (ttm) 99.64M
Shares Out 171.66M
EPS (ttm) 0.57
PE Ratio 82.61
Forward PE 54.31
Dividend $0.30 (0.64%)
Ex-Dividend Date May 15, 2024
Volume 1,299,155
Open 47.24
Previous Close 46.85
Day's Range 46.72 - 47.66
52-Week Range 34.28 - 59.51
Beta 1.48
Analysts Buy
Price Target 48.67 (+3.36%)
Earnings Date May 2, 2024

About CGNX

Cognex Corporation provides machine vision products that capture and analyze visual information 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, electric vehicle batteries, and e-commerce packages 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 th... [Read more]

Sector Technology
IPO Date Jul 20, 1989
Employees 2,992
Stock Exchange NASDAQ
Ticker Symbol CGNX
Full Company Profile

Financial Performance

In 2023, Cognex's revenue was $837.55 million, a decrease of -16.75% compared to the previous year's $1.01 billion. Earnings were $113.23 million, a decrease of -47.46%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CGNX stock is "Buy." The 12-month stock price forecast is $48.67, which is an increase of 3.36% from the latest price.

Price Target
$48.67
(3.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cognex Names Dennis Fehr as Chief Financial Officer

NATICK, Mass. , May 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), a leading provider of machine vision for factory and warehouse automation, today announced the appointment of Dennis Fehr...

Other symbols: FLNC
13 days ago - PRNewsWire

Cognex Reports First Quarter 2024 Results

NATICK, Mass. , May 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the first quarter of 2024.

13 days ago - PRNewsWire

Cognex Declares Quarterly Cash Dividend

NATICK, Mass. , May 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.075 per share, payable on M...

13 days ago - PRNewsWire

Cognex Customers Reach New Levels of Success with AI-Powered Solutions

AI provides broader capabilities and enhanced ease of use to accelerate automation projects NATICK, Mass. , April 25, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), a leading provider of mach...

19 days ago - PRNewsWire

Cognex Announces First Quarter Earnings Release Date and Conference Call

NATICK, Mass., April 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the first quarter of 2024 on Thursday, May 2, 2024, before the market opens, and will host a c...

4 weeks ago - PRNewsWire

Cognex Launches the World's First 3D Vision System with AI

AI-powered 3D vision system offers fast deployment and reliable inspections for manufacturing automation NATICK, Mass. , April 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in ...

6 weeks ago - PRNewsWire

Cognex ($CGNX) Unveils New Data-Driven 380 Modular Vision Tunnel with a Greater Than 99% Read Rate

Cognex (NASDAQ: CGNX), a leading provider of industrial machine vision solutions, has unveiled the 380 Modular Vision Tunnel, an innovative addition to its Modular Vision Tunnel lineup. Featuring Cogn...

6 weeks ago - Green Stock News

Cognex Launches Flexible, Data-Driven Tunnel Solution Powered by the DataMan 380 Barcode Reader

The 380 Modular Vision Tunnel expands the capabilities of logistics operations NATICK, Mass. , March 27, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision...

6 weeks ago - PRNewsWire

Cognex to Present at Raymond James Institutional Investors Conference

NATICK, Mass. , Feb. 29, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that Rob Willett, President and Chief Executive Officer of Cognex, will present at the 45th Annual Raymo...

2 months ago - PRNewsWire

Cognex Reports Fourth Quarter and Full Year 2023 Results

NATICK, Mass. , Feb. 15, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the fourth quarter and full year 2023.

3 months ago - PRNewsWire

Cognex Announces Fourth Quarter Earnings Release Date and Conference Call

NATICK, Mass. , Jan. 18, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the fourth quarter of 2023 on Thursday, February 15, 2023, before the market opens, and will h...

4 months ago - PRNewsWire

COGNEX ANNOUNCES RESIGNATION OF CHIEF FINANCIAL OFFICER

NATICK, Mass. , Jan. 3, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), a leading provider of machine vision for factory automation, today announced that Paul Todgham has resigned from his pos...

4 months ago - PRNewsWire

Cognex Reports Third Quarter 2023 Results

NATICK, Mass.--(BUSINESS WIRE)--Cognex reports third quarter 2023 results.

7 months ago - Business Wire

Cognex Increases Quarterly Cash Dividend

NATICK, Mass.--(BUSINESS WIRE)--Cognex increases quarterly cash dividend.

7 months ago - Business Wire

Cognex Completes Acquisition of Moritex Corporation

NATICK, Mass.--(BUSINESS WIRE)--Cognex completes acquisition of Moritex Corporation.

7 months ago - Business Wire

Cognex Announces Third Quarter Earnings Release Date and Conference Call

NATICK, Mass.--(BUSINESS WIRE)--Cognex Announces Third Quarter Earnings Release Date and Conference Call.

7 months ago - Business Wire

Cognex To Acquire Moritex Corporation, A Global Leader In Machine Vision Optics Components And Advanced Imaging Solutions

NATICK, Mass.--(BUSINESS WIRE)---- $CGNX--Cognex to acquire Moritex Corporation.

9 months ago - Business Wire

Cognex Joins the OSARO Partners Alliance to Enhance Pick-and-Place Robots in Fulfillment Warehouses

SAN FRANCISCO--(BUSINESS WIRE)-- #automation--Cognex Joins the OSARO Partners Alliance to Enhance Pick-and-Place Robots in Fulfillment Warehouses.

9 months ago - Business Wire

Top 5 Tech Stocks Which Could Rescue Your Portfolio This Month - Cognex (NASDAQ:CGNX), Apple (NASDAQ:AAPL)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: AAPLDLBIDCCLFUS
10 months ago - Benzinga

Cognex Reports Second Quarter 2023 Results

NATICK, Mass.--(BUSINESS WIRE)--Cognex reports second quarter 2023 results.

10 months ago - Business Wire

Cognex Announces Second Quarter Earnings Release Date and Conference Call

NATICK, Mass.--(BUSINESS WIRE)--Cognex announces second quarter earnings release date and conference call.

10 months ago - Business Wire

Cognex Announces Participation at Upcoming Investor Conferences

NATICK, Mass.--(BUSINESS WIRE)--Cognex announces participation at upcoming investor conferences.

1 year ago - Business Wire

Cognex Reports First Quarter 2023 Results

NATICK, Mass.--(BUSINESS WIRE)--Cognex reports first quarter 2023 results.

1 year ago - Business Wire

Cognex Reports Fourth Quarter and Full Year 2022 Results

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) today reported financial results for 2022. Table 1 below shows selected financial data for Q4-22 compared with Q4-21 and Q3-22, and th...

1 year ago - Business Wire

Cognex Announces Appointment of New Board Member and Retirement of Two Board Members

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) today announced the appointment of Angelos Papadimitriou to Cognex's Board of Directors, effective on February 17, 2023. Papadimitriou...

1 year ago - Business Wire