US · CGNX
Cognex Corporation
- Sector
- Technology · Hardware, Equipment & Parts
- Headquarters
- Natick, MA 01760-2059
- Website
- cognex.com
Price · as of 2025-12-31
$55.94
Market cap 9.01B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $47.22 | -15.59% |
| Intrinsic Value(DCF) | $21.92 | -60.82% |
| Graham-Dodd Method(GD) | $5.11 | -90.87% |
| Graham Formula(GF) | $11.27 | -79.86% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $9.37 | $32.96 | $7.61 | $3.54 | $7.70 |
| 2012 | $9.59 | $27.90 | $8.07 | $0.00 | $3.54 |
| 2013 | $17.24 | $37.68 | $1.36 | $5.35 | $1.34 |
| 2014 | $22.30 | $45.06 | $6.15 | $7.27 | $31.51 |
| 2015 | $18.18 | $37.02 | $6.43 | $8.16 | $14.62 |
| 2016 | $37.14 | $45.25 | $26.02 | $7.08 | $21.02 |
| 2017 | $52.30 | $61.42 | $84.65 | $8.25 | $51.80 |
| 2018 | $48.20 | $52.66 | $45.36 | $9.52 | $16.67 |
| 2019 | $41.91 | $46.55 | $2.72 | $9.37 | $0.00 |
| 2020 | $78.62 | $61.77 | $1.57 | $0.00 | $19.72 |
| 2021 | $64.08 | $59.39 | $16.37 | $10.99 | $55.07 |
| 2022 | $46.41 | $46.33 | $3.02 | $9.14 | $6.54 |
| 2023 | $40.29 | $42.05 | $1.40 | $5.47 | $0.00 |
| 2024 | $33.70 | $38.39 | $0.21 | $5.12 | $10.48 |
| 2025 | $53.83 | $47.22 | $1.22 | $5.11 | $11.27 |
AI valuation
Our deep-learning model estimates Cognex Corporation's (CGNX) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $47.22
- Current price
- $55.94
- AI upside
- -15.59%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$21.92
-60.82% upside
Graham-Dodd
$5.11
-90.87% upside
Graham Formula
$11.27
-79.86% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| CGNX | Cognex Corporation | $55.94 | 9.01B | -16% | -61% | -91% | -80% | 79.05 | 6.06 | 9.10 | 45.44 | 816.80 | 8.83 | 66.92% | 16.35% | 11.51% | 7.61% | 7.91% | 5.71% | 0.05 | — | 3.80 | 2.73 | -0.96 | 968.00% | 873.00% | 7664.00% | 2.62% | 1.34 | 18.40% | 0.60% | 47.70% | 3.05% | 54.04 | 37.11 | 8.84 | 11.69 |
| BMI | Badger Meter, Inc. | $152.43 | 4.49B | -31% | -9% | -88% | -41% | 31.59 | 6.27 | 4.88 | 19.03 | 238.63 | 12.46 | 41.68% | 20.01% | 15.45% | 21.47% | 34.50% | 15.83% | 0.00 | — | 3.36 | 2.25 | -1.01 | 1324.00% | 1090.00% | 1931.00% | 3.79% | 1.22 | 42.51% | 0.97% | 30.70% | 1.31% | 23.16 | 25.04 | 4.63 | 12.32 |
| DSGX | The Descartes Systems Gro… | $66.25 | 5.7B | +23% | -23% | -79% | -46% | 60.67 | 6.28 | 13.35 | 32.12 | 271.01 | 62.55 | 75.64% | 27.82% | 22.01% | 10.92% | 13.01% | 9.18% | 0.01 | 180.40 | 1.62 | 1.41 | -0.86 | 2239.00% | 1363.00% | 475.00% | 2.44% | 1.01 | 20.42% | 0.00% | 0.00% | 0.00% | 46.74 | 39.83 | 13.00 | 21.04 |
| ESE | ESCO Technologies Inc. | $277.29 | 7.18B | -44% | -18% | -70% | +10% | 16.93 | 3.29 | 4.62 | 21.17 | 8.77 | 92.16 | 42.09% | 15.81% | 27.32% | 21.54% | 8.79% | 14.08% | 0.15 | 9.89 | 1.35 | 0.88 | 0.53 | 19315.00% | 1918.00% | 11722.00% | 3.75% | 0.48 | 12.66% | 0.16% | 2.80% | 0.16% | 30.00 | 27.37 | 4.74 | 5.07 |
| LFUS | Littelfuse, Inc. | $352.46 | 8.85B | -42% | -59% | — | — | -125.55 | 3.71 | 3.77 | 67.75 | — | 14.53 | 37.97% | 1.57% | -3.00% | -2.96% | 0.55% | -1.83% | 0.39 | 1.09 | 2.69 | 1.74 | 2.76 | -17250.00% | 892.00% | 2550.00% | 4.07% | 0.81 | 13.49% | 0.80% | -100.40% | 1.11% | 250.06 | 25.63 | 3.93 | 4.44 |
| NOVT | Novanta Inc. | $134.43 | 4.84B | -21% | -56% | -81% | -88% | 95.66 | 3.92 | 5.25 | 33.39 | — | 10.59 | 44.39% | 11.90% | 5.49% | 5.23% | 7.58% | 3.37% | 0.26 | 5.43 | 3.69 | 2.66 | -0.26 | -1695.00% | 330.00% | -6574.00% | 0.94% | 0.30 | 4.07% | 0.00% | 0.00% | 8.46% | 43.80 | 105.51 | 5.21 | 7.65 |
| OLED | Universal Display Corpora… | $106.69 | 5.07B | -13% | -49% | -67% | -59% | 21.13 | 2.91 | 7.86 | 13.35 | 228.55 | 3.04 | 73.44% | 38.54% | 37.21% | 14.33% | 17.56% | 12.72% | 0.02 | — | 10.06 | 6.69 | -0.28 | 925.00% | 45.00% | -2688.00% | 3.02% | 1.95 | 13.17% | 1.67% | 35.30% | 2.61% | 18.17 | 29.52 | 7.00 | 16.61 |
| SANM | Sanmina Corporation | $155.26 | 8.48B | -41% | +2,113% | -58% | -56% | 32.73 | 3.70 | 1.07 | 17.58 | 232.71 | 3.70 | 8.81% | 4.36% | 3.03% | 11.70% | 14.89% | 4.99% | 0.17 | 82.53 | 1.72 | 0.99 | -1.23 | 1407.00% | 740.00% | 10669.00% | 5.43% | 0.22 | 25.33% | 0.00% | 0.00% | 5.09% | 22.97 | 17.21 | 1.00 | 2.99 |
| TTMI | TTM Technologies, Inc. | $104.24 | 10.78B | -26% | -41% | -81% | -56% | 228.74 | 6.58 | 3.99 | 30.31 | 108.35 | 12.37 | 19.55% | 9.00% | 6.11% | 3.05% | 9.91% | 1.39% | 0.63 | 5.77 | 1.93 | 1.11 | 1.53 | 21111.00% | 1898.00% | -10134.00% | -0.01% | 0.30 | -0.03% | 0.00% | 0.00% | 0.15% | 46.66 | -17876.13 | 4.20 | 4.98 |
| VNT | Vontier Corporation | $40.92 | 5.94B | +24% | -49% | -78% | -24% | 14.85 | 4.85 | 1.96 | 11.17 | 4083.92 | -6.51 | 47.17% | 18.26% | 13.20% | 35.39% | 15.53% | 9.36% | 1.72 | 9.39 | 1.16 | 0.79 | 2.39 | 36.00% | 324.00% | 2793.00% | 7.31% | 0.40 | 15.26% | 0.24% | 3.60% | 8.50% | 13.66 | 17.40 | 2.50 | 2.96 |
| WAY | Waystar Holding Corp. | $25.65 | 4.92B | +89% | -57% | -91% | -45% | 44.82 | 1.30 | 4.57 | 15.87 | — | -3.51 | 64.65% | 24.22% | 10.20% | 3.22% | 3.67% | 2.13% | 0.39 | 3.37 | 1.41 | 1.24 | 3.55 | -56923.00% | 1650.00% | 9873.00% | 5.64% | 1.42 | 5.99% | 0.00% | 0.00% | 0.00% | 24.20 | 22.74 | 5.86 | 1.78 |
About Cognex Corporation
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.
- CEO
- Matthew Moschner
- Employees
- 2.91K
- Beta
- 1.53
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($21.92 ÷ $55.94) − 1 = -60.82% (DCF, example).