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Cognex (CGNX) Competitors

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$40.47 -0.30 (-0.74%)
Closing price 08/1/2025 04:00 PM Eastern
Extended Trading
$40.53 +0.06 (+0.16%)
As of 08/1/2025 07:59 PM Eastern
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CGNX vs. MKSI, NOVT, TER, TRMB, ZBRA, COHR, BMI, ITRI, OSIS, and FARO

Should you be buying Cognex stock or one of its competitors? The main competitors of Cognex include MKS (MKSI), Novanta (NOVT), Teradyne (TER), Trimble (TRMB), Zebra Technologies (ZBRA), Coherent (COHR), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), and FARO Technologies (FARO).

Cognex vs. Its Competitors

Cognex (NASDAQ:CGNX) and MKS (NASDAQ:MKSI) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their risk, institutional ownership, earnings, media sentiment, dividends, valuation, analyst recommendations and profitability.

In the previous week, Cognex had 26 more articles in the media than MKS. MarketBeat recorded 42 mentions for Cognex and 16 mentions for MKS. Cognex's average media sentiment score of 0.92 beat MKS's score of 0.63 indicating that Cognex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
18 Very Positive mention(s)
3 Positive mention(s)
13 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
MKS
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Cognex pays an annual dividend of $0.32 per share and has a dividend yield of 0.8%. MKS pays an annual dividend of $0.88 per share and has a dividend yield of 0.9%. Cognex pays out 45.1% of its earnings in the form of a dividend. MKS pays out 26.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cognex has increased its dividend for 10 consecutive years. MKS is clearly the better dividend stock, given its higher yield and lower payout ratio.

88.1% of Cognex shares are owned by institutional investors. Comparatively, 99.8% of MKS shares are owned by institutional investors. 1.6% of Cognex shares are owned by insiders. Comparatively, 0.6% of MKS shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

MKS has higher revenue and earnings than Cognex. MKS 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$914.52M7.43$106.17M$0.7157.00
MKS$3.65B1.71$190M$3.3527.69

Cognex has a beta of 1.47, suggesting that its share price is 47% more volatile than the S&P 500. Comparatively, MKS has a beta of 1.86, suggesting that its share price is 86% more volatile than the S&P 500.

Cognex has a net margin of 13.13% compared to MKS's net margin of 6.21%. MKS's return on equity of 20.67% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex13.13% 6.65% 5.02%
MKS 6.21%20.67%5.49%

Cognex presently has a consensus target price of $42.08, suggesting a potential upside of 3.97%. MKS has a consensus target price of $120.00, suggesting a potential upside of 29.38%. Given MKS's stronger consensus rating and higher probable upside, analysts clearly believe MKS 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
MKS
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.70

Summary

MKS beats Cognex on 12 of the 20 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 CGNX 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

MetricCognexELEC TEST EQUIPTMENT IndustryComputer SectorNASDAQ Exchange
Market Cap$6.84B$14.29B$29.20B$9.51B
Dividend Yield0.78%0.71%3.08%4.09%
P/E Ratio57.0025.6848.0923.80
Price / Sales7.4321.171,544.9766.58
Price / Cash58.2826.5438.0757.96
Price / Book4.513.387.415.55
Net Income$106.17M$510.76M$782.10M$259.03M
7 Day Performance18.75%0.27%-3.65%-4.59%
1 Month Performance23.46%0.72%-0.11%4.46%
1 Year Performance5.89%3.75%52,642.35%18.03%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.4038 of 5 stars
$40.47
-0.7%
$42.08
+4.0%
+3.6%$6.84B$914.52M57.002,914Trending News
Earnings Report
Dividend Announcement
Analyst Forecast
Analyst Revision
MKSI
MKS
4.966 of 5 stars
$103.34
-1.3%
$118.80
+15.0%
-19.2%$6.97B$3.65B30.8510,200News Coverage
Positive News
Upcoming Earnings
Analyst Revision
NOVT
Novanta
2.4034 of 5 stars
$122.66
-0.2%
$160.00
+30.4%
-29.5%$4.41B$949.24M62.583,000Upcoming Earnings
TER
Teradyne
4.5381 of 5 stars
$94.82
+1.0%
$112.50
+18.6%
-14.4%$15.21B$2.82B26.796,500Trending News
Earnings Report
Analyst Forecast
Options Volume
Analyst Revision
Gap Down
TRMB
Trimble
4.0344 of 5 stars
$81.43
-0.7%
$89.14
+9.5%
+57.4%$19.43B$3.68B13.2812,100Positive News
Upcoming Earnings
ZBRA
Zebra Technologies
3.9892 of 5 stars
$328.38
-1.0%
$350.82
+6.8%
-2.1%$16.70B$4.98B31.079,900Positive News
Upcoming Earnings
Gap Down
COHR
Coherent
3.037 of 5 stars
$99.88
+0.3%
$105.40
+5.5%
+56.8%$15.53B$4.71B-434.2626,157Analyst Downgrade
Gap Down
BMI
Badger Meter
4.6592 of 5 stars
$245.52
+0.5%
$237.20
-3.4%
-10.4%$7.23B$826.56M54.082,210
ITRI
Itron
4.2568 of 5 stars
$136.63
+0.2%
$132.00
-3.4%
+14.0%$6.23B$2.44B24.935,788Trending News
Earnings Report
Analyst Upgrade
Analyst Revision
OSIS
OSI Systems
3.4546 of 5 stars
$215.89
+2.1%
$228.33
+5.8%
+51.8%$3.62B$1.69B26.266,681Positive News
FARO
FARO Technologies
2.2148 of 5 stars
$44.00
+0.5%
$35.50
-19.3%
N/A$849.85M$341.05M-879.901,232Upcoming Earnings
High Trading Volume

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This page (NASDAQ:CGNX) was last updated on 8/2/2025 by MarketBeat.com Staff
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