Stock AnalizCognex Corp. CGNX
Industrial Machinery/Components · IPO 1989 · data as of November 13, 2026
Cognex Corp. (CGNX) is a industrial company listed in the US with a market value of about $8.4B. In the twelve months to October 4, 2026 it had revenue of $1.1B and net income of $242M, a net margin of 21.5%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is financial health (5/5); the weakest is value (0/5).
Key numbers: a P/E of 34.7, a price to free cash flow of 29.4, 5-year revenue growth of 4% a year, a 5-year average ROIC of 11%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 38% below the current price.
Score: 2.4 / 5
Checks passed
- Strong R&D investment or growth above 20%
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
- Debt below 3 years of free cash flow
- Liabilities below 60% of assets
- Pays a dividend
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $994M | $915M | $838M | $1.0B | $1.0B | $811M | $726M | $806M | $766M | $530M |
| Net income | $242M | $114M | $106M | $113M | $216M | $280M | $176M | $204M | $219M | $177M | $144M |
| Free cash flow | $286M | $237M | $134M | $90M | $224M | $299M | $229M | $232M | $186M | $196M | $169M |
| EPS (diluted) | $1.44 | $0.68 | $0.62 | $0.65 | $1.23 | $1.56 | $1.00 | $1.16 | $1.24 | $0.98 | $0.83 |
| Net margin | 21.5% | 11.5% | 11.6% | 13.5% | 21.4% | 27.0% | 21.7% | 28.1% | 27.2% | 23.1% | 27.1% |
| ROIC | — | 6.5% | 5.9% | 6.9% | 14.3% | 19.0% | 12.5% | 8.2% | 18.2% | 15.7% | 14.2% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 20 analysts is $71.05, 42% above the current price; targets range from $55.00 to $88.00; the consensus rating is “Buy”; expected EPS is $1.71 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Cognex’s P/E ratio?
About 34.7, based on the last twelve months of diluted earnings per share (forward P/E about 27.5).
Is Cognex stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 38% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Cognex pay a dividend?
Yes. The dividend yield is about 0.70%, and it has paid dividends for 10 years in our data.
Is Cognex a good stock to buy?
We do not give buy or sell advice. Cognex scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.