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Cognex (CGNX) Competitors

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$34.34 -0.40 (-1.15%)
Closing price 07/11/2025 04:00 PM Eastern
Extended Trading
$34.30 -0.04 (-0.12%)
As of 07/11/2025 07:27 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

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

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
MKS$3.59B2.00$190M$3.3531.78
Cognex$914.52M6.30$106.17M$0.6850.50

MKS presently has a consensus target price of $118.89, suggesting a potential upside of 11.69%. Cognex has a consensus target price of $40.77, suggesting a potential upside of 18.72%. Given Cognex's higher probable upside, analysts plainly believe Cognex is more favorable than MKS.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MKS
1 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.80
Cognex
1 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.53

Cognex has a net margin of 12.80% 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
MKS6.21% 20.67% 5.49%
Cognex 12.80%6.37%4.81%

99.8% of MKS shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 0.6% of MKS shares are owned by insiders. Comparatively, 1.6% of Cognex shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

In the previous week, MKS had 5 more articles in the media than Cognex. MarketBeat recorded 17 mentions for MKS and 12 mentions for Cognex. Cognex's average media sentiment score of 1.05 beat MKS's score of 0.69 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MKS
5 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
4 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

MKS has a beta of 1.88, indicating that its stock price is 88% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500.

MKS pays an annual dividend of $0.88 per share and has a dividend yield of 0.8%. Cognex pays an annual dividend of $0.32 per share and has a dividend yield of 0.9%. MKS pays out 26.3% of its earnings in the form of a dividend. Cognex pays out 47.1% 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 raised its dividend for 10 consecutive years. Cognex is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

MKS beats Cognex on 10 of the 18 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$5.83B$14.39B$27.76B$9.10B
Dividend Yield0.92%0.73%3.11%4.00%
P/E Ratio50.5025.5536.8920.27
Price / Sales6.3049.001,885.0399.28
Price / Cash49.6624.9038.1558.16
Price / Book3.853.577.285.49
Net Income$106.17M$510.76M$767.99M$250.45M
7 Day Performance5.66%0.61%-0.23%4.73%
1 Month Performance12.22%-0.84%4.06%7.61%
1 Year Performance-32.64%-6.90%52,050.70%16.39%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.7604 of 5 stars
$34.34
-1.2%
$40.77
+18.7%
-32.2%$5.83B$914.52M50.502,914News Coverage
Positive News
Analyst Upgrade
MKSI
MKS
4.678 of 5 stars
$99.36
-0.8%
$130.82
+31.7%
-24.6%$6.70B$3.59B29.6610,200News Coverage
Analyst Forecast
NOVT
Novanta
1.5678 of 5 stars
$128.93
-0.8%
$160.00
+24.1%
-20.5%$4.64B$951.70M65.783,000News Coverage
TER
Teradyne
4.7709 of 5 stars
$89.92
-0.5%
$114.33
+27.2%
-37.3%$14.42B$2.82B25.406,500News Coverage
Analyst Forecast
TRMB
Trimble
4.6727 of 5 stars
$75.98
+0.4%
$88.43
+16.4%
+42.2%$18.13B$3.68B12.3912,100News Coverage
Positive News
Analyst Forecast
Insider Trade
ZBRA
Zebra Technologies
3.6122 of 5 stars
$308.36
-0.3%
$331.20
+7.4%
-0.4%$15.68B$4.98B29.179,900Positive News
Analyst Upgrade
COHR
Coherent
3.8001 of 5 stars
$89.30
+2.4%
$103.00
+15.3%
+21.7%$13.88B$5.60B-388.2626,157Analyst Forecast
BMI
Badger Meter
3.2807 of 5 stars
$245.13
-0.4%
$236.60
-3.5%
+23.9%$7.22B$826.56M53.992,210Positive News
ITRI
Itron
3.7547 of 5 stars
$131.63
-0.6%
$128.18
-2.6%
+30.1%$6.00B$2.44B24.025,788Positive News
OSIS
OSI Systems
3.814 of 5 stars
$224.86
+0.4%
$228.33
+1.5%
+49.4%$3.78B$1.54B27.366,681News Coverage
FARO
FARO Technologies
2.0237 of 5 stars
$43.92
-0.2%
$35.50
-19.2%
+160.0%$848.53M$342.43M-878.401,232Positive News
High Trading Volume

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This page (NASDAQ:CGNX) was last updated on 7/12/2025 by MarketBeat.com Staff
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