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Cognex (CGNX) Competitors

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$66.89 0.00 (0.00%)
Closing price 08/7/2026 04:00 PM Eastern
Extended Trading
$67.42 +0.53 (+0.80%)
As of 09:06 AM Eastern
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CGNX vs. IPGP, ZBRA, TDY, AEIS, and RAL

Should you buy Cognex stock or one of its competitors? MarketBeat compares Cognex with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Cognex include IPG Photonics (IPGP), Zebra Technologies (ZBRA), Teledyne Technologies (TDY), Advanced Energy Industries (AEIS), and Ralliant (RAL). These companies are all part of the "electronic equipment & instruments" industry.

How does Cognex compare to IPG Photonics?

IPG Photonics (NASDAQ:IPGP) and Cognex (NASDAQ:CGNX) are both technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, earnings, profitability, risk and media sentiment.

IPG Photonics has a beta of 0.96, meaning that its stock price is 4% less volatile than the broader market. Comparatively, Cognex has a beta of 1.49, meaning that its stock price is 49% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IPG Photonics$1.00B3.82$31.10M$0.65138.82
Cognex$994.36M11.32$114.44M$1.0364.94

IPG Photonics currently has a consensus price target of $145.20, suggesting a potential upside of 60.92%. Cognex has a consensus price target of $75.85, suggesting a potential upside of 13.39%. Given IPG Photonics' higher possible upside, research analysts plainly believe IPG Photonics is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Cognex
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.88

In the previous week, Cognex had 10 more articles in the media than IPG Photonics. MarketBeat recorded 31 mentions for Cognex and 21 mentions for IPG Photonics. Cognex's average media sentiment score of 0.87 beat IPG Photonics' score of 0.71 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IPG Photonics
10 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
10 Very Positive mention(s)
2 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

93.8% of IPG Photonics shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 37.5% of IPG Photonics shares are held by company insiders. Comparatively, 1.7% of Cognex shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Cognex has a net margin of 16.05% compared to IPG Photonics' net margin of 2.58%. Cognex's return on equity of 13.50% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.58% 3.39% 2.98%
Cognex 16.05%13.50%10.02%

Summary

Cognex beats IPG Photonics on 12 of the 17 factors compared between the two stocks.

How does Cognex compare to Zebra Technologies?

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

Zebra Technologies has a beta of 1.59, meaning that its stock price is 59% more volatile than the broader market. Comparatively, Cognex has a beta of 1.49, meaning that its stock price is 49% more volatile than the broader market.

Zebra Technologies has higher revenue and earnings than Cognex. Zebra Technologies 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
Zebra Technologies$5.85B3.07$419M$10.9334.45
Cognex$994.36M11.32$114.44M$1.0364.94

In the previous week, Zebra Technologies had 3 more articles in the media than Cognex. MarketBeat recorded 34 mentions for Zebra Technologies and 31 mentions for Cognex. Cognex's average media sentiment score of 0.87 beat Zebra Technologies' score of 0.75 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Zebra Technologies
13 Very Positive mention(s)
3 Positive mention(s)
12 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
10 Very Positive mention(s)
2 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Cognex has a net margin of 16.05% compared to Zebra Technologies' net margin of 9.22%. Zebra Technologies' return on equity of 22.29% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zebra Technologies9.22% 22.29% 9.46%
Cognex 16.05%13.50%10.02%

91.0% of Zebra Technologies shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 0.9% of Zebra Technologies shares are owned by insiders. Comparatively, 1.7% of Cognex shares are owned by 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.

Zebra Technologies presently has a consensus target price of $381.00, suggesting a potential upside of 1.20%. Cognex has a consensus target price of $75.85, suggesting a potential upside of 13.39%. Given Cognex's stronger consensus rating and higher probable upside, analysts clearly believe Cognex is more favorable than Zebra Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zebra Technologies
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69
Cognex
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.88

Summary

Cognex beats Zebra Technologies on 10 of the 17 factors compared between the two stocks.

How does Cognex compare to Teledyne Technologies?

Cognex (NASDAQ:CGNX) and Teledyne Technologies (NYSE:TDY) are both large-cap technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, valuation, risk and media sentiment.

Cognex has a beta of 1.49, indicating that its stock price is 49% more volatile than the broader market. Comparatively, Teledyne Technologies has a beta of 0.92, indicating that its stock price is 8% less volatile than the broader market.

Cognex has a net margin of 16.05% compared to Teledyne Technologies' net margin of 15.29%. Cognex's return on equity of 13.50% beat Teledyne Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex16.05% 13.50% 10.02%
Teledyne Technologies 15.29%10.56%7.34%

88.1% of Cognex shares are held by institutional investors. Comparatively, 91.6% of Teledyne Technologies shares are held by institutional investors. 1.7% of Cognex shares are held by company insiders. Comparatively, 1.4% of Teledyne Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Teledyne Technologies has higher revenue and earnings than Cognex. Teledyne Technologies 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$994.36M11.32$114.44M$1.0364.94
Teledyne Technologies$6.12B5.24$894.80M$20.7133.37

In the previous week, Cognex had 23 more articles in the media than Teledyne Technologies. MarketBeat recorded 31 mentions for Cognex and 8 mentions for Teledyne Technologies. Teledyne Technologies' average media sentiment score of 1.30 beat Cognex's score of 0.87 indicating that Teledyne Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
10 Very Positive mention(s)
2 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Teledyne Technologies
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cognex presently has a consensus price target of $75.85, suggesting a potential upside of 13.39%. Teledyne Technologies has a consensus price target of $715.83, suggesting a potential upside of 3.59%. Given Cognex's higher probable upside, analysts clearly believe Cognex is more favorable than Teledyne Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.88
Teledyne Technologies
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
2.88

Summary

Cognex beats Teledyne Technologies on 10 of the 15 factors compared between the two stocks.

How does Cognex compare to Advanced Energy Industries?

Cognex (NASDAQ:CGNX) and Advanced Energy Industries (NASDAQ:AEIS) are both large-cap technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, profitability, analyst recommendations, dividends, media sentiment and risk.

88.1% of Cognex shares are held by institutional investors. Comparatively, 99.7% of Advanced Energy Industries shares are held by institutional investors. 1.7% of Cognex shares are held by insiders. Comparatively, 1.3% of Advanced Energy Industries shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Cognex pays an annual dividend of $0.34 per share and has a dividend yield of 0.5%. Advanced Energy Industries pays an annual dividend of $0.40 per share and has a dividend yield of 0.1%. Cognex pays out 33.0% of its earnings in the form of a dividend. Advanced Energy Industries pays out 7.5% 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.

Cognex presently has a consensus target price of $75.85, suggesting a potential upside of 13.39%. Advanced Energy Industries has a consensus target price of $409.50, suggesting a potential upside of 25.99%. Given Advanced Energy Industries' stronger consensus rating and higher possible upside, analysts clearly believe Advanced Energy Industries is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.88
Advanced Energy Industries
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.93

Advanced Energy Industries has higher revenue and earnings than Cognex. Advanced Energy Industries 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$994.36M11.32$114.44M$1.0364.94
Advanced Energy Industries$1.80B7.24$148.40M$5.3660.64

In the previous week, Cognex had 3 more articles in the media than Advanced Energy Industries. MarketBeat recorded 31 mentions for Cognex and 28 mentions for Advanced Energy Industries. Advanced Energy Industries' average media sentiment score of 1.33 beat Cognex's score of 0.87 indicating that Advanced Energy Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
10 Very Positive mention(s)
2 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Advanced Energy Industries
17 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cognex has a net margin of 16.05% compared to Advanced Energy Industries' net margin of 10.77%. Advanced Energy Industries' return on equity of 20.75% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex16.05% 13.50% 10.02%
Advanced Energy Industries 10.77%20.75%10.39%

Cognex has a beta of 1.49, suggesting that its share price is 49% more volatile than the broader market. Comparatively, Advanced Energy Industries has a beta of 1.29, suggesting that its share price is 29% more volatile than the broader market.

Summary

Advanced Energy Industries beats Cognex on 11 of the 20 factors compared between the two stocks.

How does Cognex compare to Ralliant?

Cognex (NASDAQ:CGNX) and Ralliant (NYSE:RAL) are both technology companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, analyst recommendations, valuation, profitability, earnings, dividends and media sentiment.

Cognex pays an annual dividend of $0.34 per share and has a dividend yield of 0.5%. Ralliant pays an annual dividend of $0.20 per share and has a dividend yield of 0.3%. Cognex pays out 33.0% of its earnings in the form of a dividend. Ralliant pays out -1.8% 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. Cognex is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Cognex currently has a consensus price target of $75.85, suggesting a potential upside of 13.39%. Ralliant has a consensus price target of $75.70, suggesting a potential upside of 12.11%. Given Cognex's stronger consensus rating and higher possible upside, analysts clearly believe Cognex is more favorable than Ralliant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.88
Ralliant
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.67

88.1% of Cognex shares are held by institutional investors. 1.7% of Cognex shares are held by company insiders. Comparatively, 0.4% of Ralliant shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Cognex had 27 more articles in the media than Ralliant. MarketBeat recorded 31 mentions for Cognex and 4 mentions for Ralliant. Cognex's average media sentiment score of 0.87 beat Ralliant's score of 0.78 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)
2 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Ralliant
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cognex has a beta of 1.49, suggesting that its share price is 49% more volatile than the broader market. Comparatively, Ralliant has a beta of 1.61, suggesting that its share price is 61% more volatile than the broader market.

Cognex has higher earnings, but lower revenue than Ralliant. Ralliant 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$994.36M11.32$114.44M$1.0364.94
Ralliant$2.07B3.61-$1.22B-$10.85N/A

Cognex has a net margin of 16.05% compared to Ralliant's net margin of -56.38%. Ralliant's return on equity of 14.97% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex16.05% 13.50% 10.02%
Ralliant -56.38%14.97%6.99%

Summary

Cognex beats Ralliant on 16 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

MetricCognexElectronic Equipment, Instruments & Components IndustryTechnology SectorNASDAQ Exchange
Market Cap$11.25B$13.40B$29.91B$12.99B
Dividend Yield0.51%2.24%2.73%10.20%
P/E Ratio64.9437.4375.9725.05
Price / Sales11.3253.64598.03107.93
Price / Cash68.4432.9950.5137.44
Price / Book7.525.438.176.43
Net Income$114.44M$195.62M$679.76M$348.10M
7 Day Performance-0.82%3.94%3.13%2.66%
1 Month Performance0.13%0.29%0.31%-0.85%
1 Year Performance63.51%841.74%203.19%23.96%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.5152 of 5 stars
$66.89
flat
$75.85
+13.4%
+63.5%$11.25B$994.36M64.942,745
IPGP
IPG Photonics
3.7972 of 5 stars
$87.20
+2.5%
$137.17
+57.3%
+19.9%$3.61B$1.00B126.384,840
ZBRA
Zebra Technologies
3.5256 of 5 stars
$291.64
-0.7%
$327.00
+12.1%
+18.5%$14.00B$5.58B35.2610,700
TDY
Teledyne Technologies
3.7584 of 5 stars
$670.74
+2.3%
$715.83
+6.7%
+26.5%$30.39B$6.12B32.3915,800
AEIS
Advanced Energy Industries
4.8153 of 5 stars
$296.38
+2.4%
$404.25
+36.4%
+115.5%$11.01B$1.80B62.4013,000

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This page (NASDAQ:CGNX) was last updated on 8/10/2026 by MarketBeat.com Staff.
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