Cognex (CGNX)

• Market cap: $5.3B
• 1 day: 0.10%
• 5 days: 0.94%
• 1 month: -5.75%
• 3 months: -15.32%
• 6 months: -22.38%
• Year to date: -12.38%
• 1 year: -24.33%
• 5 years: -33.21%
• 10 years: 30.82%
• Sector: Industrials
• Industry: Industrial Instruments for Measurement, Display, and Control

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 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: 2,914

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

38% more call options, than puts

Call options by funds: $2.67M | Put options by funds: $1.94M

16% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 62

1% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 148

0.99% more ownership

Funds ownership: 89.92% [Q3] → 90.9% (+0.99%) [Q4]

0% more funds holding

Funds holding: 438 [Q3] → 438 (+0) [Q4]

11% less capital invested

Capital invested by funds: $6.25B [Q3] → $5.59B (-$659M) [Q4]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q3] → 5 (-2) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $35 12% upside
• Avg. target: $43 39% upside
• High target: $56 79% upside

7 analyst ratings

• positive: 3 43%
• neutral: 3 43%
• negative: 1 14%

Stephens & Co. Tommy Moll 44% 1-year accuracy 11 / 25 met price target	76% upside $55	Overweight Reiterated	12 Mar 2025
Goldman Sachs Joe Ritchie 56% 1-year accuracy 14 / 25 met price target	12% upside $35	Sell Maintained	18 Feb 2025
UBS Damian Karas 44% 1-year accuracy 7 / 16 met price target	79% upside $56	Buy Maintained	18 Feb 2025
Baird Richard Eastman 29% 1-year accuracy 7 / 24 met price target	21% upside $38	Neutral Maintained	18 Feb 2025
Truist Securities Jamie Cook 42% 1-year accuracy 32 / 76 met price target	18% upside $37	Hold Reiterated	14 Feb 2025