Cognex Corporation (CGNX) Stock Analysis
Technology · Scientific & Technical Instruments
Sell if holding. At $60.80, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: revenues outside the United States (67%) (67.0%); Concentration risk — Supplier: third-party contract manufacturer in Indonesia (significant portion of products).
Cognex makes machine vision systems, sensors, and barcode readers for industrial automation across logistics, packaging, consumer electronics, automotive, and semiconductor markets; 2,745 employees globally. Approximately 67% of 2025 revenue from outside the US (25% Europe, 16%... Read more
Sell if holding. At $60.80, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: revenues outside the United States (67%) (67.0%); Concentration risk — Supplier: third-party contract manufacturer in Indonesia (significant portion of products). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.8/10, high confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 71d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent Developments — Cognex Corporation
Latest news
- What sovereign risk Cognex (CGNX)? (Near Lows) 2026-04-29 - Portfolio Management - Newser — Newser negative
- Cognex (CGNX) Projected to Post Quarterly Earnings on Wednesday - MarketBeat — MarketBeat neutral
- Comerica Bank Lowers Stock Holdings in Cognex Corporation $CGNX - MarketBeat — MarketBeat neutral
- Strong Earnings Report Lifted Cognex Corporation (CGNX) in Q1 - Yahoo Finance — Yahoo Finance positive
- Cognex: Reindustrialization And The Military Industrial Complex Can Drive Global Growth - Seeking Alpha — Seeking Alpha positive
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicrevenues outside the United States (67%)67%10-K Item 1: 'Sales to customers based outside of the United States represented approximately 67% of our total revenue in 2025, with approximately 25% from customers based in Europe, approximately 16% from customers based in Greater China'
- HIGHSupplierthird-party contract manufacturer in Indonesia (significant portion of products)10-K Item 1A: 'A significant portion of our products is manufactured by a third-party contractor located in Indonesia'
Material Events(8-K, last 90d)
- 2026-02-19Item 4.01HIGH8-K/A: Grant Thornton dismissed as auditor upon completion of FY2025 audit on Feb 13, 2026. KPMG LLP selected as independent registered public accounting firm for FY2026. No disagreements with GT cited.SEC filing →
- 2026-02-17Item 5.02LOWDr. Sami Atiya and Chris Donato appointed as directors effective March 2, 2026. Dr. Atiya to serve on Nominating/Governance/Sustainability Committee; Mr. Donato on Compensation Committee. No reason cited for vacancies.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers·1 ceiling hit
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $60.80, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: revenues outside the United States (67%) (67.0%); Concentration risk — Supplier: third-party contract manufacturer in Indonesia (significant portion of products). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $56.40. Score 5.8/10, high confidence.
Take-profit target: $67.86 (+11.9% upside). Prior stop was $56.40. Stop-loss: $56.40.
Concentration risk — Geographic: revenues outside the United States (67%) (67.0%); Concentration risk — Supplier: third-party contract manufacturer in Indonesia (significant portion of products); Sector modifier (Technology): -0.8.
Cognex Corporation trades at a P/E of 72.8 (forward 35.5). TrendMatrix value score: 4.5/10. Verdict: Sell.
29 analysts cover CGNX with a consensus score of 3.9/5. Average price target: $75.
What does Cognex Corporation do?Cognex makes machine vision systems, sensors, and barcode readers for industrial automation across logistics,...
Cognex makes machine vision systems, sensors, and barcode readers for industrial automation across logistics, packaging, consumer electronics, automotive, and semiconductor markets; 2,745 employees globally. Approximately 67% of 2025 revenue from outside the US (25% Europe, 16% Greater China, 26% other); contract manufacturing primarily in Indonesia and Malaysia.