Cognex Corporation (CGNX)

NASDAQ: CGNX · Real-Time Price · USD
39.22
-0.61 (-1.53%)
Sep 20, 2024, 10:04 AM EDT - Market open
-1.53%
Market Cap 6.73B
Revenue (ttm) 844.00M
Net Income (ttm) 78.38M
Shares Out 171.50M
EPS (ttm) 0.45
PE Ratio 88.67
Forward PE 50.35
Dividend $0.30 (0.75%)
Ex-Dividend Date Aug 15, 2024
Volume 214,576
Open 39.83
Previous Close 39.83
Day's Range 39.07 - 39.83
52-Week Range 34.28 - 53.13
Beta 1.41
Analysts Buy
Price Target 48.58 (+23.86%)
Earnings Date Oct 29, 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 $48.58, which is an increase of 23.86% from the latest price.

Price Target
$48.58
(23.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Inspection Machines Market Forecast Report 2024-2030, with Coverage of Major Players such as Brevetti C.E.A., Cognex, Korber, Mettler-Toledo, Sartorius and More

Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The "Inspection Machines - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Inspection Machines w...

17 days ago - GlobeNewsWire

Cognex: Waiting For The Right Entry Point

Weak market conditions are driving an ongoing slowdown in Cognex's business. AI is a focus area for Cognex at the moment, but the challenging demand environment means that current investments will lik...

6 weeks ago - Seeking Alpha

Cognex Launches AI-Powered Counting Tool for In-Sight SnAPP Vision Sensors

New AI tool simplifies counting inspections for manufacturers across all industries NATICK, Mass. , Aug. 6, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vis...

6 weeks ago - PRNewsWire

These Analysts Cut Their Forecasts On Cognex Following Q2 Results

Cognex Corporation CGNX reported mixed second-quarter financial results, after the closing bell on Wednesday.

7 weeks ago - Benzinga

Cognex Corporation (CGNX) Q2 2024 Earnings Call Transcript

Cognex Corporation. (NASDAQ:CGNX) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Nathan McCurren - Head of Investor Relations Robert Willett - President, Chief Execut...

7 weeks ago - Seeking Alpha

Cognex Declares Quarterly Cash Dividend

NATICK, Mass. , July 31, 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...

7 weeks ago - PRNewsWire

Cognex Reports Second Quarter 2024 Results

NATICK, Mass. , July 31, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the second quarter of 2024.

7 weeks ago - PRNewsWire

Cognex Announces Second Quarter 2024 Earnings Release and Conference Call Dates

NATICK, Mass. , July 12, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the second quarter of 2024 on Wednesday, July 31, 2024, after market close.

2 months ago - PRNewsWire

Cognex Suffering From Blurred Vision As End-Market Capex Trends Sort Themselves Out

Cognex has been struggling due to weak capex cycles in major end-markets, leading to a sharp reset in investor expectations for revenue and margins. Key end-markets like auto and consumer electronics ...

2 months ago - Seeking Alpha

Cognex (CGNX) Q1 2024 Earnings Call Transcript

Cognex Corporation (NASDAQ:CGNX) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Robert Willett - President, Chief Executive Officer Nathan McCurren - Head of Investor Re...

5 months ago - Seeking Alpha

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.

5 months ago - PRNewsWire

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
5 months 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...

5 months 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...

5 months 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 months 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 months 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 months 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...

7 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.

7 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...

8 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...

9 months ago - PRNewsWire

18 Upcoming Dividend Increases Including A Dividend King

Emerson Electric, a Dividend King, is expected to raise its dividend for the 66th consecutive year, although the increase is only about 1%. The article provides insights on upcoming dividend increases...

11 months ago - Seeking Alpha

Cognex Corporation (CGNX) Q3 2023 Earnings Call Transcript

Cognex Corporation (NASDAQ:CGNX) Q3 2023 Earnings Conference Call October 31, 2023 8:30 AM ET Company Participants Nathan McCurren - Head-Investor Relations Rob Willett - President & Chief Executive ...

11 months ago - Seeking Alpha

Cognex Increases Quarterly Cash Dividend

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

11 months ago - Business Wire

Cognex Reports Third Quarter 2023 Results

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

11 months ago - Business Wire