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Cognex Corporation (CGNX)

Technology | Scientific & Technical Instruments | Natick, United States | NasdaqGS
58.27 USD -1.74 (-2.900%) ⇩ (Oct. 14, 2026, 11:16 a.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 8:54 a.m. EDT

The investment case for Cognex is driven by a powerful convergence of operational execution and speculative optimism. Fundamentally, the company has turned the corner with robust 17% revenue growth and a massive 79% surge in earnings, validating its position in the AI-powered industrial automation space. While the stock trades at a premium multiple, the forward P/E of 31x reflects this improved growth profile rather than a value trap. However, the valuation remains stretched relative to historical norms, capping the long-term rating just below exceptional status. In the short term, the momentum is undeniable. The stock has rallied off its lows, and the options market is screaming bullishness, with heavy call buying at strikes well above the current price. This speculative flow aligns with the positive earnings surprise and analyst upgrades, creating a high-conviction setup for the coming weeks. The statistical forecast model offers no directional signal due to low confidence, which is typical for volatile bounces, so the trade relies entirely on the strength of the fundamentals and the options flow. The dividend yield is negligible at roughly 0.5%, offering no income cushion, making this purely a growth and momentum play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.036967
AutoETS0.037186
AutoTheta0.037218
AutoARIMA0.057396

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 0.17
Ljung-Box p 0.000
Jarque-Bera p 0.003
Excess Kurtosis 1.07
Attribute Value
Sector Technology
Ex Dividend Date 2026-08-19
Last Dividend Date 2026-08-19
Debt to Equity Ratio 4.448
Revenue per Share 6.512
Market Cap 9,802,402,816
Trailing P/E 56.03
Forward P/E 28.74
Beta 1.48
Profit Margins 16.05%
Website https://www.cognex.com

As of Oct. 10, 2026, 8:54 a.m. EDT: Speculators are heavily positioned for upside, with October and November call open interest concentrated significantly out-of-the-money at strikes of 70 and 75. This suggests a bullish bet on continued momentum following the recent earnings beat. Conversely, put activity is sparse and skewed toward deep out-of-the-money strikes, indicating limited hedging against immediate downside despite elevated implied volatility.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.14% 0.66% 0.76% 0.66%
Dividend History
Date Dividend Yield %
2026-08-20 0.08500 0.142307
2026-05-21 0.08500 0.132255
2026-02-26 0.08500 0.153540
2025-11-13 0.08500 0.229420
2025-08-14 0.08000 0.183824
2025-05-15 0.08000 0.253084
2025-02-27 0.08000 0.244574
2024-11-14 0.08000 0.197385
2024-08-15 0.07500 0.190646
2024-05-15 0.07500 0.158094
2024-02-28 0.07500 0.196541
2023-11-16 0.07500 0.205086
2023-08-17 0.07000 0.150765
2023-05-18 0.07000 0.134100
2023-03-02 0.07000 0.146505
2022-11-17 0.07000 0.143120
2022-08-18 0.06500 0.137683
2022-05-19 0.06500 0.137363
2022-03-03 0.06500 0.097495
2021-11-18 0.06500 0.081936
2021-08-19 0.06000 0.071805
2021-05-20 0.06000 0.077902
2021-02-25 0.06000 0.073692
2020-12-11 2.00000 2.609263
2020-11-12 0.06000 0.085629
2020-08-13 0.05500 0.081037
2020-05-14 0.05500 0.097813
2020-02-27 0.05500 0.123429
2019-11-14 0.05500 0.108140
2019-08-15 0.05000 0.114890
2019-05-16 0.05000 0.111259
2019-02-28 0.05000 0.093633
2018-11-15 0.05000 0.118821
2018-08-16 0.04500 0.085535
2018-05-17 0.04500 0.096236
2018-03-01 0.04500 0.084906
2017-11-16 0.04500 0.065246
2017-08-16 0.04250 0.081880
2017-05-31 0.04250 0.092886
2017-03-01 0.03750 0.094637
2016-11-30 0.03750 0.125607
2016-08-31 0.03750 0.150723
2016-06-01 0.03750 0.172771
2016-03-02 0.03500 0.179074
2015-12-02 0.03500 0.197017
2015-09-02 0.03500 0.200688
2015-06-03 0.03500 0.136772
2012-12-12 0.27750 3.026998
2012-11-28 0.02750 0.310121
2012-08-29 0.02750 0.302530
2012-05-30 0.02750 0.310822
2012-02-29 0.02500 0.234522
2011-11-30 0.02500 0.280348
2011-08-31 0.02250 0.281250
2011-06-01 0.02250 0.259142
2011-03-02 0.02000 0.298396
2010-12-01 0.02000 0.279427
2010-09-01 0.01500 0.292113
2010-06-02 0.01500 0.320684
2010-03-03 0.01250 0.257732
2009-12-02 0.01250 0.299760
2009-09-02 0.01250 0.310559
2009-06-03 0.01250 0.372578
2009-03-04 0.03750 1.436782
2008-11-25 0.03750 1.218521
2008-08-27 0.03750 0.747012
2008-05-28 0.02125 0.309654
2008-02-27 0.02125 0.427350
2007-11-14 0.02125 0.403800
2007-08-08 0.02125 0.353137
2007-05-09 0.02125 0.364338
2007-02-07 0.02125 0.376273
2006-11-08 0.02125 0.358801
2006-08-09 0.02125 0.373298
2006-05-10 0.02000 0.285714
2006-02-08 0.02000 0.277200
2005-11-08 0.02000 0.261523
2005-08-03 0.02000 0.241546
2005-05-04 0.02000 0.350877
2005-02-09 0.02000 0.296296
2004-11-03 0.02000 0.308880
2004-08-04 0.02000 0.283386
2004-05-05 0.01500 0.185242
2004-02-18 0.01500 0.183767
2003-11-06 0.01500 0.214286
2003-08-27 0.01500 0.206256
Additional Data
dividendYield 0.57
exDividendDate 2026-08-20
trailingAnnualDividendRate 0.335
trailingAnnualDividendYield 0.0055824034
lastDividendValue 0.085
lastDividendDate 2026-08-20
dividendDate 2026-09-03

Info Dump

Attribute Value
52 Week Change 0.3105482
Address1 One Vision Drive
All Time High 101.82
All Time Low 0.316406
Ask 63.94
Ask Size 2
Audit Risk 7
Average Analyst Rating 1.9 - Buy
Average Daily Volume10 Day 1,949,320
Average Daily Volume3 Month 1,893,975
Average Volume 1,893,975
Average Volume10Days 1,949,320
Beta 1.483
Bid 54.28
Bid Size 2
Board Risk 3
Book Value 9.687
City Natick
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 58.27
Current Ratio 3.934
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 59.32
Day Low 57.921
Debt To Equity 4.448
Display Name Cognex
Dividend Date 1,788,393,600
Dividend Yield 0.57
Earnings Call Timestamp End 1,786,019,400
Earnings Call Timestamp Start 1,786,019,400
Earnings Growth 0.792
Earnings Quarterly Growth 0.796
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,217,600
Earnings Timestamp Start 1,793,217,600
Ebitda 267,406,000
Ebitda Margins 0.24556999
Enterprise To Ebitda 36.511
Enterprise To Revenue 8.966
Enterprise Value 9,763,219,456
Eps Current Year 1.69383
Eps Forward 2.02738
Eps Trailing Twelve Months 1.04
Esg Populated 0
Ex Dividend Date 1,787,184,000
Exchange NMS
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 62.0206
Fifty Day Average Change -3.750599
Fifty Day Average Change Percent -0.06047344
Fifty Two Week Change Percent 31.05482
Fifty Two Week High 72.88
Fifty Two Week High Change -14.609997
Fifty Two Week High Change Percent -0.20046648
Fifty Two Week Low 34.6
Fifty Two Week Low Change 23.670002
Fifty Two Week Low Change Percent 0.68410414
Fifty Two Week Range 34.6 - 72.88
Financial Currency USD
First Trade Date Milliseconds 616,944,600,000
Five Year Avg Dividend Yield 0.59
Float Shares 167,470,199
Forward Eps 2.02738
Forward P E 28.74153
Free Cashflow 195,671,376
Full Exchange Name NasdaqGS
Full Time Employees 2,745
Fullday Change -1.7399979
Fullday Change Percent -2.8995132
Fullday Price 58.27
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.68865997
Gross Profits 749,905,984
Has Pre Post Market Data 1
Held Percent Insiders 0.0036199999
Held Percent Institutions 1.08989
Implied Shares Outstanding 168,223,842
Industry Scientific & Technical Instruments
Industry Disp Scientific & Technical Instruments
Industry Key scientific-technical-instruments
Ir Website http://www.cognex.com/CognexInfo/InvestorInfo/default.aspx?id=104&langtype=1033&locale=us
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,787,184,000
Last Dividend Value 0.085
Last Fiscal Year End 1,767,139,200
Last Split Date 1,512,345,600
Last Split Factor 2:1
Long Business Summary Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks in the United States, Europe, Greater China, and internationally. Its machine vision products are used to automate the manufacture and distribution of discrete items, such as mobile phones, automotive components, and e-commerce packages, by locating, identifying, inspecting, and measuring them. The company offers VisionPro software, a suite of patented vision tools for traditional rule-based tools and deep learning-enabled tools for advanced programming; vision systems that combine smart cameras and software to perform a wide range of tasks, including part location, identification, measurement, assembly verification, and robotic guidance; OneVision, a cloud-based platform designed to transform how manufacturers build, train, and scale AI-powered vision applications; In-Sight product line of vision systems and sensors; QuickBuild, which allows customers to build vision applications with a graphical and flowchart-based programming interface; DataMan, an image-based barcode reader for fixed-mount and handheld models, as well as barcode verifiers; and vision accessories, such as industrial cameras, lenses, lighting, vision controllers, frame grabbers, and I/O cards. It sells its products to the automotive, logistics, packaging, consumer electronics, medical-related, semiconductor, and consumer products industries. The company was incorporated in 1981 and is headquartered in Natick, Massachusetts.
Long Name Cognex Corporation
Market us_market
Market Cap 9,802,402,816
Market State REGULAR
Max Age 86,400
Message Board Id finmb_26658
Most Recent Quarter 1,783,209,600
Net Income To Common 174,788,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 9,788,945,365
Number Of Analyst Opinions 19
Open 58.73
Operating Cashflow 276,632,992
Operating Margins 0.29361
Overall Risk 5
Payout Ratio 0.32209998
Peg Ratio 2.71
Phone 508 650 3000
Previous Close 60.01
Price Eps Current Year 34.40133
Price Hint 2
Price To Book 6.015278
Price To Sales Trailing12 Months 9.001866
Profit Margins 0.16051
Quick Ratio 2.955
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.85
Region US
Regular Market Change -1.7399979
Regular Market Change Percent -2.8995132
Regular Market Day High 59.32
Regular Market Day Low 57.921
Regular Market Day Range 57.921 - 59.32
Regular Market Open 58.73
Regular Market Previous Close 60.01
Regular Market Price 58.27
Regular Market Time 1,791,990,991
Regular Market Volume 420,974
Return On Assets 0.07126
Return On Equity 0.111490004
Revenue Growth 0.169
Revenue Per Share 6.512
Sand P52 Week Change 0.17004645
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 6
Shares Outstanding 168,223,842
Shares Percent Shares Out 0.0429
Shares Short 7,220,863
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 7,696,027
Short Name Cognex Corporation
Short Percent Of Float 0.0484
Short Ratio 4.74
Source Interval 15
State MA
Symbol CGNX
Target High Price 92.0
Target Low Price 60.0
Target Mean Price 79.36842
Target Median Price 80.0
Total Cash 404,369,984
Total Cash Per Share 2.404
Total Debt 72,477,000
Total Revenue 1,088,930,048
Tradeable 0
Trailing Annual Dividend Rate 0.335
Trailing Annual Dividend Yield 0.0055824034
Trailing Eps 1.04
Trailing P E 56.02885
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 56.6732
Two Hundred Day Average Change 1.5968018
Two Hundred Day Average Change Percent 0.028175607
Type Disp Equity
Volume 420,974
Website https://www.cognex.com
Zip 01,760-2059