CGNX stock icon

Cognex
CGNX

$47.67
0.96%
 

About: Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's own cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. ID products read codes that have been applied to items during the manufacturing process. Cognex generates the maximum proportion of its sales in the United States and Europe.

Employees: 2,992

0
Funds holding %
of 6,665 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 6 (+2) [Q1 2024]

27% more call options, than puts

Call options by funds: $12.9M | Put options by funds: $10.2M

24% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 127

0% less capital invested

Capital invested by funds: $6.32B [Q4 2023] → $6.29B (-$23.7M) [Q1 2024]

1.54% less ownership

Funds ownership: 87.88% [Q4 2023] → 86.35% (-1.54%) [Q1 2024]

8% less funds holding

Funds holding: 441 [Q4 2023] → 404 (-37) [Q1 2024]

47% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 78

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$41
14%
downside
Avg. target
$48
0%
upside
High target
$55
15%
upside

10 analyst ratings

positive
60%
neutral
30%
negative
10%
HSBC
Helen Fang
9%upside
$52
Buy
Upgraded
7 May 2024
Truist Securities
Jamie Cook
5%upside
$50
Buy
Reiterated
7 May 2024
Goldman Sachs
Joe Ritchie
14%downside
$41
Sell
Maintained
6 May 2024
Stephens & Co.
Tommy Moll
6%downside
$45
Equal-Weight
Maintained
3 May 2024
Bernstein
Jay Huang
15%upside
$55
Outperform
Maintained
3 May 2024

Financial journalist opinion

Based on 7 articles about CGNX published over the past 30 days