Cognex Corp CGNX Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$47.78 up $0.29, 0.60% at close Nov 6
Last close · Previous close $47.50
- Market cap
- $7.95BAt the Nov 6 close
- P/E ratio
- 45.94On last 12 months’ EPS
- Diluted EPS
- $1.04Last 12 months
- Dividend yield
- 0.71%Last 12 months
Price chart
$47.78up $0.29, 0.60%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$47.50Nov 5
- Volume3.79MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume2.13MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $34.60 to $72.88; now $47.78
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
CGNX beat the S&P 500 in 2 of 7 periods.
| Period | CGNX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | CGNX: down 28.0% S&P 500: down 5.6% | CGNX trailed the S&P 500 by 22.4 percentage points Trailed |
| 3M | CGNX: down 29.0% S&P 500: down 4.1% | CGNX trailed the S&P 500 by 24.9 percentage points Trailed |
| YTD | CGNX: up 33.4% S&P 500: up 8.7% | CGNX beat the S&P 500 by 24.7 percentage points Beat |
| 1Y | CGNX: up 21.6% S&P 500: up 10.9% | CGNX beat the S&P 500 by 10.7 percentage points Beat |
| Long term | ||
| 3Y | CGNX: up 35.8% S&P 500: up 75.0% +10.7% vs +20.5% a year | CGNX trailed the S&P 500 by 39.2 percentage points Trailed |
| 5Y | CGNX: down 37.5% S&P 500: up 67.8% −9.0% vs +10.9% a year | CGNX trailed the S&P 500 by 105.3 percentage points Trailed |
| 10Y | CGNX: up 103.4% S&P 500: up 313.1% +7.4% vs +15.2% a year | CGNX trailed the S&P 500 by 209.7 percentage points Trailed |
$10,000 invested in CGNX 10 years ago (Nov 4, 2016) would be worth about $20,344 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
CGNX beat the S&P 500 in 2 of 7 periods.
| Period | CGNX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | CGNX: down 28.0% S&P 500: down 5.6% | CGNX trailed the S&P 500 by 22.4 percentage points Trailed |
| 3M | CGNX: down 29.1% S&P 500: down 4.3% | CGNX trailed the S&P 500 by 24.8 percentage points Trailed |
| YTD | CGNX: up 32.8% S&P 500: up 7.8% | CGNX beat the S&P 500 by 25.0 percentage points Beat |
| 1Y | CGNX: up 20.8% S&P 500: up 9.7% | CGNX beat the S&P 500 by 11.1 percentage points Beat |
| Long term | ||
| 3Y | CGNX: up 32.8% S&P 500: up 68.8% +9.9% vs +19.1% a year | CGNX trailed the S&P 500 by 36.0 percentage points Trailed |
| 5Y | CGNX: down 39.5% S&P 500: up 56.9% −9.6% vs +9.4% a year | CGNX trailed the S&P 500 by 96.4 percentage points Trailed |
| 10Y | CGNX: up 88.2% S&P 500: up 252.6% +6.5% vs +13.4% a year | CGNX trailed the S&P 500 by 164.4 percentage points Trailed |
$10,000 invested in CGNX 10 years ago (Nov 4, 2016) would be worth about $18,822 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$93.99
Closing high on . Now 49.2% below that record.
Split-adjusted daily closes since Oct 9, 1989.
Stock splits
5
Latest: 2-for-1 on . One share bought before the first split is 32 shares today.
All 5 splits
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Jul 5, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
45.9×The Nov 6 close ÷ diluted EPS over the last 12 months ($1.04)
The range covers daily P/E ratios from Oct 28, 2021 to Nov 6, 2026, each based on the previous 12 months of earnings.
CGNX trades at 45.9× its earnings over the last 12 months, below its 5-year median of 54.0×. In plain terms, buyers are paying about $46 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 7.3×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 4.9×Book value as of Jul 5, 2026
Price relative to accounting equity (book value) per share on the Jul 5, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 26.6×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 1.03Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+44.4% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 45.9 ÷ 44.4 - 3.46%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $7.62BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Jul 5, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own CGNX DCF in Excel. Value Cognex with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jul 5, 2026. “Last 12 months” means the four quarters from Jun 30, 2025 to Jul 5, 2026, and balance-sheet figures are as of Jul 5, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $1.09Bup 17.1%
- Net income
- $174.79Mup 43.2%
- Diluted EPS
- $1.04up 44.4%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 29, 2024) | $234.74M | $29.59M | $0.17 |
| Q4 FY24 (Dec 31, 2024) | $229.68M | $28.35M | $0.17 |
| Q1 FY25 (Mar 30, 2025) | $216.04M | $23.60M | $0.14 |
| Q2 FY25 (Jun 29, 2025) | $249.09M | $40.51M | $0.24 |
| Q3 FY25 (Sep 28, 2025) | $276.89M | $17.66M | $0.10 |
| Q4 FY25 (Dec 31, 2025) | $252.34M | $32.66M | $0.20 |
| Q1 FY26 (Apr 5, 2026) | $268.44M | $51.70M | $0.31 |
| Q2 FY26 (Jul 5, 2026) | $291.26M | $72.76M | $0.43 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $1.04B | $279.88M | $1.56 |
| FY22 (Dec 31, 2022) | $1.01B | $215.53M | $1.23 |
| FY23 (Dec 31, 2023) | $837.55M | $113.23M | $0.65 |
| FY24 (Dec 31, 2024) | $914.52M | $106.17M | $0.62 |
| FY25 (Dec 31, 2025) | $994.36M | $114.44M | $0.68 |
Margins
- Gross 68.9%
- Operating 21.9%
- Net 16.1%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $275.00MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$276.63MLast 12 months
- Capital spending$1.63MLast 12 months
- 25.3%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $19.57MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$56.10MLast 12 months
- Total returned$75.67MLast 12 months
28% of free cash flow
Balance sheet
- $755.01MAs of Jul 5, 2026
Cash plus short- and long-term marketable securities on the Jul 5, 2026 balance sheet.
- Total debt$72.48MAs of Jul 5, 2026
- Net cash$682.54MAs of Jul 5, 2026
- 3.93As of Jul 5, 2026
Current assets divided by current liabilities on the Jul 5, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.04As of Jul 5, 2026
Total debt divided by shareholders’ equity on the Jul 5, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 9 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 11.5%Last 12 months
Over the last 12 months, Cognex’s net income was 11.5% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 8.5%Last 12 months
Over the last 12 months, Cognex’s net income was 8.5% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.15 |
| 2017 | $0.17 |
| 2018 | $0.19 |
| 2019 | $0.21 |
| 2020 | $2.23 |
| 2021 | $0.25 |
| 2022 | $0.27 |
| 2023 | $0.29 |
| 2024 | $0.31 |
| 2025 | $0.33 |
| 2026 (to date) | $0.26 |
Dividend details
- $0.34Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 0.71%; 5-yr low 0.27%, 5-yr high 3.00%Last 12 months
Dividends paid over the last 12 months as a share of the Nov 6 close. The bar shows where that yield sits in its range over the past five years; the median was 0.64%.
- $0.085Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 7.6% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 9 yearsThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
- 32.7%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Cognex Corp
For over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to become faster, smarter, and more efficient through automation. Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance across a diverse set of end markets, including logistics, consumer electronics, automotive, packaging, and semiconductor. Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise. We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide.
- Sector
- Technology
- Industry
- Scientific & Technical Instruments
- Headquarters
- Massachusetts, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
CGNX news
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CGNX stock FAQ
What is CGNX stock’s price today?
Cognex (CGNX) traded at $47.78 at the close on , up $0.29 (0.60%) from the previous close of $47.50. Over the past 52 weeks it has traded between $34.60 and $72.88.
If you invested $1,000 in CGNX 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in CGNX on would be worth about $2,034 at the close on , a total return of +103.4%. The same $1,000 would be worth $625 if invested five years ago, $1,216 if invested one year ago, $10,261 if invested 20 years ago, and $19,314 if invested 30 years ago. Past performance doesn’t predict future returns.
What is Cognex’s market cap?
Cognex’s market capitalization is about $8.0 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $47.78 (how market cap works). Cognex reported 166.42M shares outstanding at the end of its latest quarter ().
What is CGNX’s P/E ratio?
CGNX trades at 45.9 times its diluted earnings over the four quarters to ($1.04 per share), at the close. Over the past five years its P/E has ranged from 26.5 to 115.9, with a median of 54.0. (How the P/E ratio works.)
How much revenue does Cognex make?
Cognex reported $1.1 billion of revenue over the four quarters to , up 17.1% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $291.3 million, up 16.9% from a year earlier.
Is Cognex profitable?
Yes. Cognex earned $174.8 million of net income over the four quarters to , a net margin of 16.1%, and its operating margin was 21.9% (what margins tell you).
What are CGNX’s earnings per share?
CGNX’s diluted earnings per share were $1.04 over the four quarters to , compared with $0.72 in the twelve months before. The latest quarter (Q2 FY26) brought $0.43 per share, against $0.24 a year earlier (how EPS works).
Does CGNX pay a dividend?
Yes. Cognex pays a quarterly dividend. The most recent was $0.085 per share, with an ex-dividend date of . Over the last twelve months it paid $0.34 per share, a 0.71% yield at the close, and the full-year dividend has risen 9 years in a row (how dividend yield works).
Based on the last 12 months’ payments ($0.34 per share), and if the next 12 months match the last 12, 100 shares would receive about $34 over 12 months, and $1,000 over 12 months would take about 2,942 shares, roughly $140,569 at the close. Dividends can change.
What is CGNX’s 52-week high and low?
Over the past 52 weeks CGNX has traded as low as $34.60 and as high as $72.88. At $47.78 at the close on , it is 34.4% below that high and 38.1% above the low.
What is CGNX’s all-time high?
CGNX’s highest closing price was $93.99 on , adjusted for stock splits. At $47.78 at the close on , it is 49.2% below that record.
Has CGNX stock ever split?
Yes, five times: 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on . One share bought before the first split would be 32 shares today.
How has CGNX stock performed?
Including dividends and measured to the close on , CGNX has returned +33.4% so far this year and +21.6% over the past year, and −37.5% over five years (−9.0% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Cognex in?
Cognex is in the Technology sector and the Scientific & Technical Instruments industry, and is headquartered in Massachusetts, USA.
What exchange does CGNX trade on?
Cognex trades on the Nasdaq under the ticker symbol CGNX. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
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