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Cognex (CGNX) Competitors

Cognex logo
$27.30 +0.50 (+1.87%)
As of 04/30/2025 04:00 PM Eastern

CGNX vs. COHR, BMI, ITRI, OSIS, DAKT, MLAB, FARO, VPG, MKSI, and ST

Should you be buying Cognex stock or one of its competitors? The main competitors of Cognex include Coherent (COHR), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Daktronics (DAKT), Mesa Laboratories (MLAB), FARO Technologies (FARO), Vishay Precision Group (VPG), MKS Instruments (MKSI), and Sensata Technologies (ST).

Cognex vs.

Cognex (NASDAQ:CGNX) and Coherent (NYSE:COHR) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, media sentiment, valuation, institutional ownership, earnings, dividends, community ranking, analyst recommendations and profitability.

Cognex has higher earnings, but lower revenue than Coherent. Coherent is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cognex$914.52M5.06$106.17M$0.6144.75
Coherent$5.31B1.88-$156.15M-$0.41-156.85

Coherent received 46 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 62.97% of users gave Coherent an outperform vote while only 59.95% of users gave Cognex an outperform vote.

CompanyUnderperformOutperform
CognexOutperform Votes
527
59.95%
Underperform Votes
352
40.05%
CoherentOutperform Votes
573
62.97%
Underperform Votes
337
37.03%

Cognex has a beta of 1.56, meaning that its share price is 56% more volatile than the S&P 500. Comparatively, Coherent has a beta of 1.88, meaning that its share price is 88% more volatile than the S&P 500.

In the previous week, Cognex had 21 more articles in the media than Coherent. MarketBeat recorded 25 mentions for Cognex and 4 mentions for Coherent. Cognex's average media sentiment score of 0.91 beat Coherent's score of 0.27 indicating that Cognex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
10 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Coherent
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cognex currently has a consensus target price of $42.23, indicating a potential upside of 54.69%. Coherent has a consensus target price of $103.27, indicating a potential upside of 60.58%. Given Coherent's stronger consensus rating and higher probable upside, analysts clearly believe Coherent is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
1 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.53
Coherent
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
3.00

Cognex has a net margin of 11.61% compared to Coherent's net margin of 1.28%. Coherent's return on equity of 8.29% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex11.61% 5.65% 4.25%
Coherent 1.28%8.29%3.25%

88.1% of Cognex shares are held by institutional investors. Comparatively, 83.3% of Coherent shares are held by institutional investors. 1.6% of Cognex shares are held by company insiders. Comparatively, 0.6% of Coherent shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Cognex beats Coherent on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CGNX vs. The Competition

MetricCognexProcess control instruments IndustryComputer SectorNASDAQ Exchange
Market Cap$4.62B$17.93B$23.05B$7.83B
Dividend Yield1.22%0.95%2.97%4.22%
P/E Ratio44.7524.2242.1318.48
Price / Sales5.064.562,076.99103.59
Price / Cash47.7518.5034.7234.62
Price / Book3.063.486.134.25
Net Income$106.17M$492.30M$738.82M$248.23M
7 Day Performance4.64%0.92%1.30%0.89%
1 Month Performance-9.03%-2.57%1.64%3.53%
1 Year Performance-33.32%-4.64%52,744.82%5.08%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.7779 of 5 stars
$27.30
+1.9%
$42.23
+54.7%
-34.3%$4.62B$914.52M44.752,440Earnings Report
Analyst Upgrade
Short Interest ↑
News Coverage
Positive News
High Trading Volume
COHR
Coherent
4.1255 of 5 stars
$52.14
-5.7%
$108.93
+108.9%
+17.7%$8.08B$5.31B-127.1723,700Analyst Forecast
Gap Down
BMI
Badger Meter
3.1064 of 5 stars
$200.54
-0.5%
$225.40
+12.4%
+20.7%$5.90B$852.49M47.411,980Dividend Announcement
High Trading Volume
ITRI
Itron
4.2208 of 5 stars
$101.48
-1.7%
$127.64
+25.8%
+20.8%$4.62B$2.44B20.805,480Upcoming Earnings
News Coverage
Positive News
OSIS
OSI Systems
3.309 of 5 stars
$188.04
-3.2%
$213.33
+13.5%
+55.8%$3.16B$1.65B24.206,300
DAKT
Daktronics
4.7793 of 5 stars
$12.07
-2.7%
$26.00
+115.4%
+34.3%$631.71M$799.81M48.282,480Gap Down
MLAB
Mesa Laboratories
1.5947 of 5 stars
$109.02
-2.7%
$140.00
+28.4%
+8.6%$592.42M$237.75M-2.36680Short Interest ↑
Positive News
FARO
FARO Technologies
2.6139 of 5 stars
$23.92
-1.2%
$35.00
+46.3%
+56.9%$459.89M$342.43M-68.341,490
VPG
Vishay Precision Group
2.5276 of 5 stars
$19.46
-4.5%
$28.50
+46.5%
-24.1%$257.98M$306.52M26.302,700Upcoming Earnings
Short Interest ↑
Analyst Revision
Positive News
MKSI
MKS Instruments
4.9589 of 5 stars
$60.33
-5.3%
$140.08
+132.2%
-41.0%$4.07B$3.59B21.556,400Upcoming Earnings
Positive News
High Trading Volume
ST
Sensata Technologies
4.908 of 5 stars
$18.90
-2.9%
$34.55
+82.8%
-44.0%$2.83B$3.93B22.5020,800Upcoming Earnings
Positive News

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This page (NASDAQ:CGNX) was last updated on 5/1/2025 by MarketBeat.com Staff
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