Cognex Corp (CGNX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Cognex Corp (CGNX) stock forecast summary
Our AI ranks Cognex Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Cognex Corp is a mid-cap company with a market capitalization of $9.08B. It ranks number 7 by market capitalization among the 18 Industrial Instruments For Measurement, Display, and Control issuers in our coverage with a current forecast.
For CGNX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 40.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -1.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How CGNX ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Cognex Corp (CGNX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Industrial Instruments For Measurement, Display, and Control peers listed below that report each metric.
Valuation & Market
| Metric | CGNX | Rank |
|---|---|---|
| Market Cap | $9.08B | 7/18 |
| P/E Ratio | 62.06x | 3/9 |
| P/B Ratio | 5.57x | 3/16 |
| Dividend Yield | 0.62% | 3/9 |
| EPS | $0.87 | – |
| Book Value/Share | $9.69 | – |
| Revenue/Share | $6.47 | – |
| FCF/Share | $1.59 | – |
Profitability & Margins
| Metric | CGNX | Rank |
|---|---|---|
| ROE | 10.7% | 5/17 |
| ROA | 8.0% | 3/17 |
| ROIC | 12.2% | 3/16 |
| Gross Margin | 68.9% | 2/17 |
| Operating Margin | 21.9% | 3/17 |
| Net Margin | 16.1% | 4/17 |
| EBT Margin | 23.7% | 3/17 |
| Tax Rate | 32.2% | – |
Financial Health
| Metric | CGNX | Rank |
|---|---|---|
| Current Ratio | 3.93x | 4/17 |
| Quick Ratio | 3.27x | 2/15 |
| D/E Ratio | 0.34x | 16/17 |
| Financial Leverage | 1.34x | 16/17 |
| Working Capital | $634M | 4/17 |
Cash Flow
| Metric | CGNX | Rank |
|---|---|---|
| Operating Cash Flow | $277M | 9/17 |
| Free Cash Flow | $268M | 8/13 |
| Capital Spending | -$8M | 6/13 |
| OCF Growth YoY | 45.0% | 2/11 |
| FCF Growth YoY | 49.4% | 2/9 |
| FCF/Sales | 24.6% | 2/13 |
| CapEx/Sales | 0.8% | 12/13 |
Operational Efficiency
| Metric | CGNX | Rank |
|---|---|---|
| Asset Turnover | 0.50x | 9/17 |
| Receivables Turnover | 5.0x | 15/16 |
| Inventory Turnover | 2.4x | 10/15 |
| Fixed Assets Turnover | 13.4x | 5/15 |
| Days Sales Outstanding | 72 days | 2/16 |
| Days Inventory | 154 days | 6/15 |
| Payables Period | 70 days | 6/11 |
| Cash Conversion Cycle | 156 days | 4/10 |
Income Statement
| Metric | CGNX | Rank |
|---|---|---|
| Total Revenue | $1.09B | 9/17 |
| Operating Income | $238M | 8/17 |
| Net Income | $175M | 7/17 |
| R&D Expense | $141M | 6/12 |
| SG&A Expense | $371M | 8/14 |
| Cost of Goods Sold | $339M | 9/16 |
Dividend & Shareholder Information
| Metric | CGNX | Rank |
|---|---|---|
| Dividends Per Share | $0.33 | – |
| Payout Ratio | 37.9% | 3/8 |
| Shares Outstanding | 168M | – |
| Net Income Growth | 43.2% | 4/9 |
| EPS Growth | 33.9% | 4/8 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $850M | 39.0% of assets |
| Cash & Short-term Investments | $303M | 13.9% of assets |
| Accounts Receivable | $216M | 9.9% of assets |
| Inventory | $143M | 6.6% of assets |
| Total Liabilities | $549M | 25.2% of assets |
| Short-term Debt | $151M | 6.9% of assets |
CGNX quarterly financials and insider trading
Cognex Corp (CGNX) industry peers
Companies classified under the same SEC industry code as Cognex Corp (Industrial Instruments For Measurement, Display, and Control): 18 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| CGNX Cognex Corp | ▲ | $9.08B |
| DHR Danaher Corp /De/ | ▼ | $161.01B |
| AME Ametek Inc/ | ▼ | $56.90B |
| KEYS Keysight Technologies, Inc. | ▶ | $56.39B |
| ROP Roper Technologies Inc | ▶ | $37.85B |
| FTV Fortive Corp | ▼ | $18.36B |
| MKSI Mks Inc | ▶ | $14.53B |
| RAL Ralliant Corp | ▼ | $7.36B |
| ST Sensata Technologies Holding Plc | ▼ | $5.91B |
| MLAB Mesa Laboratories Inc /Co/ | ▶ | $685M |
| SENS Senseonics Holdings, Inc. | ▲ | $411M |
| HURC Hurco Companies Inc | ▶ | $135M |
| SYPR Sypris Solutions Inc | ▲ | $41M |
| INIS Radnostix Inc | ▲ | $24M |
| CLIR Clearsign Technologies Corp | ▲ | $17M |
| QURT Quarta-Rad, Inc. | ▶ | $6M |
| POAS Phaos Technology Holdings (Cayman) Ltd | ▼ | $4M |
| FCUV Focus Universal Inc. | ▼ | $2M |
Where CGNX sits on the market map
Cognex Corp (CGNX) stock news
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Cognex Corp (CGNX) stock forecast FAQ
What is the Cognex Corp (CGNX) stock forecast?
Our AI ranks Cognex Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Cognex Corp stock predictions?
For CGNX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 40.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -1.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Cognex Corp forecasts updated?
Cognex Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Cognex Corp's industry peers?
18 issuers in our coverage, CGNX included, share the SEC industry code Industrial Instruments For Measurement, Display, and Control. The largest are: Danaher Corp /De/ (DHR), Ametek Inc/ (AME), Keysight Technologies, Inc. (KEYS), Roper Technologies Inc (ROP), Fortive Corp (FTV), Mks Inc (MKSI).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.