Cognex Corporation (CGNX) Research

Cognex Corporation specializes in machine vision technology, offering solutions that interpret and process visual data to streamline and automate production and logistics operations globally. Their advanced vision systems enable the automated manufacturing and tracking of individual components or finished goods, such as mobile devices, pharmaceutical containers, and automotive parts. This is achieved by precisely locating, recognizing, examining, and gauging items throughout their journey from production to delivery. The company provides a comprehensive software portfolio, including VisionPro, a collection of patented tools for sophisticated development; QuickBuild, an intuitive platform enabling users to create vision applications via a graphical, flowchart interface; and its specialized deep learning vision software. Beyond software, their offerings encompass robust vision sensors for tasks like ensuring component presence and accurate sizing, alongside the versatile In-Sight series of integrated vision systems and sensors. These tools support a variety of critical inspection functions, such as pinpointing part locations, confirming identities, precise dimensioning, validating assembly, and guiding robotics. Another key product is DataMan, their line of image-based barcode readers and verification systems. Cognex serves a diverse clientele across various sectors, including consumer electronics, automotive manufacturing, general consumer goods, food and beverage processing, pharmaceuticals, and medical device production. Their products are distributed directly and through a global network of partners and system integrators. Established in 1981, Cognex Corporation maintains its headquarters in Natick, Massachusetts.

Market snapshot

Symbol
CGNX
Price
$66.10
Day change
+2.05%
Market cap
$11.0B
P/E ratio
77.22x
52-week range
29.22-71.9
Sector
Technology
Industry
Hardware, Equipment & Parts
Next earnings
in 1 month
Analyst price target
$70.92

Peer companies

  • Badger Meter, Inc. (BMI)
  • The Descartes Systems Group Inc. (DSGX)
  • ESCO Technologies Inc. (ESE)
  • Littelfuse, Inc. (LFUS)
  • Novanta Inc. (NOVT)
  • Universal Display Corporation (OLED)
  • Sanmina Corporation (SANM)
  • TTM Technologies, Inc. (TTMI)

Recent insider activity

  • Long Darren Marc — A-Award (34271 shares) on 2024-02-20
  • Long Darren Marc — A-Award (31095 shares) on 2025-02-18
  • Long Darren Marc — A-Award (23981 shares) on 2023-08-07
  • Long Darren Marc — A-Award (20328 shares) on 2023-02-21
  • Long Darren Marc — A-Award (16658 shares) on 2022-05-09

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