Cognex Corporation (CGNX)

NASDAQ: CGNX · IEX Real-Time Price · USD
42.44
+0.10 (0.24%)
Sep 29, 2023, 4:00 PM EDT - Market closed
0.24%
Market Cap 7.31B
Revenue (ttm) 892.69M
Net Income (ttm) 172.38M
Shares Out 172.29M
EPS (ttm) 0.99
PE Ratio 42.87
Forward PE 49.19
Dividend $0.28 (0.66%)
Ex-Dividend Date Aug 17, 2023
Volume 634,936
Open 42.82
Previous Close 42.34
Day's Range 42.39 - 43.16
52-Week Range 40.21 - 59.51
Beta 1.56
Analysts Hold
Price Target 51.57 (+21.51%)
Earnings Date Nov 2, 2023

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 2,441
Stock Exchange NASDAQ
Ticker Symbol CGNX
Full Company Profile

Financial Performance

In 2022, Cognex's revenue was $1.01 billion, a decrease of -2.99% compared to the previous year's $1.04 billion. Earnings were $215.53 million, a decrease of -22.99%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CGNX stock is "Hold." The 12-month stock price forecast is $51.57, which is an increase of 21.51% from the latest price.

Price Target
$51.57
(21.51% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

4 weeks ago - Business Wire

5 Computer Vision Stocks with a Clear Path to Growth

AI is hot; today's craze is just the tip of the iceberg. While large language models, generative AI, and image-producing algorithms are neat, the next phase of AI will start generating cash flow for c...

Other symbols: AMBACEVAHIMXLPTH
4 weeks ago - MarketBeat

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.

5 weeks 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
7 weeks ago - Benzinga

Cognex Reports Second Quarter 2023 Results

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

2 months ago - Business Wire

Cognex Declares Quarterly Cash Dividend

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

2 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.

2 months ago - Business Wire

Cognex Announces Participation at Upcoming Investor Conferences

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

4 months ago - Business Wire

Cognex Reports First Quarter 2023 Results

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

5 months ago - Business Wire

Cognex Announces First Quarter Earnings Release Date and Conference Call

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) will release earnings for the first quarter of 2023 on Thursday, May 4, 2023, before the market opens, and will host a conference call...

6 months ago - Business Wire

Cognex to Present at Raymond James Institutional Investors Conference

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) today announced that Paul Todgham, Senior Vice President of Finance and CFO of Cognex, will present at the 44th Annual Raymond James I...

7 months 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...

8 months 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...

8 months ago - Business Wire

Final Trades: Altria, Kinder Morgan, Chevron & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: CVXKMIMO
9 months ago - CNBC Television

Cognex Announces Fourth Quarter Earnings Release Date and Conference Call

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) will release earnings for the fourth quarter of 2022 on Thursday, February 16, 2023, after the market closes, and will host a confer...

9 months ago - Business Wire

Cognex Acquires German Lighting Technology Provider SAC

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX), the leading machine vision company, has acquired SAC Sirius Advanced Cybernetics GmbH, a German leader in lighting technology (“SAC...

10 months ago - Business Wire

Final Trades: Nucor, Moderna, Palto Alto & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: MRNANUEPANW
11 months ago - CNBC Television

Cognex Reports Third Quarter 2022 Results

NATICK, Mass.

11 months ago - Business Wire

Cognex Increases Quarterly Cash Dividend

NATICK, Mass.

11 months ago - Business Wire

Cognex Announces Third Quarter Earnings Release Date and Conference Call

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) will release earnings for the third quarter of 2022 on Thursday, November 3, 2022, after the market closes, and will host a conference...

1 year ago - Business Wire

Cognex Increases Revenue Guidance for the Third Quarter Prior to Analyst Day

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) today announced that it has increased its revenue guidance for the third quarter of 2022 ahead of the company's triennial Analyst Day....

1 year ago - Business Wire

Cognex Reports Second Quarter 2022 Results

NATICK, Mass.--(BUSINESS WIRE)--Cognex Reports Second Quarter 2022 Results

1 year ago - Business Wire

Cognex Appoints New Board Member

NATICK, Mass.--(BUSINESS WIRE)--Cognex Appoints New Board Member

Other symbols: MKSI
1 year ago - Business Wire

Cognex Reports First Quarter 2022 Results

NATICK, Mass.--(BUSINESS WIRE)--Cognex Reports First Quarter 2022 Results

1 year ago - Business Wire

Cognex Authorizes New Stock Buyback Program

NATICK, Mass.--(BUSINESS WIRE)--Cognex Authorizes New Stock Buyback Program

1 year ago - Business Wire