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Cognex (CGNX) Competitors

Cognex logo
$61.90 -2.36 (-3.67%)
Closing price 05/18/2026 04:00 PM Eastern
Extended Trading
$61.11 -0.79 (-1.27%)
As of 08:48 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

CGNX vs. IPGP, ZBRA, OSIS, ITRI, and BMI

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), OSI Systems (OSIS), Itron (ITRI), and Badger Meter (BMI).

How does Cognex compare to IPG Photonics?

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

Cognex has a net margin of 13.62% compared to IPG Photonics' net margin of 2.78%. Cognex's return on equity of 10.89% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.78% 2.84% 2.50%
Cognex 13.62%10.89%8.09%

IPG Photonics has a beta of 0.97, meaning that its share price is 3% less volatile than the broader market. Comparatively, Cognex has a beta of 1.48, meaning that its share price is 48% more volatile than the broader market.

IPG Photonics currently has a consensus target price of $128.67, suggesting a potential upside of 20.98%. Cognex has a consensus target price of $69.36, suggesting a potential upside of 12.05%. Given IPG Photonics' higher possible upside, equities analysts clearly 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)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56
Cognex
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67

93.8% of IPG Photonics shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 37.5% of IPG Photonics shares are owned by insiders. Comparatively, 1.7% of Cognex shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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$1.04B4.33$31.10M$0.69154.13
Cognex$994.36M10.36$114.44M$0.8473.69

In the previous week, Cognex had 16 more articles in the media than IPG Photonics. MarketBeat recorded 27 mentions for Cognex and 11 mentions for IPG Photonics. Cognex's average media sentiment score of 0.69 beat IPG Photonics' score of 0.44 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
2 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cognex
8 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 related large-cap companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, profitability, institutional ownership, media sentiment, dividends, earnings and analyst recommendations.

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$5.58B2.29$419M$8.2731.45
Cognex$994.36M10.36$114.44M$0.8473.69

In the previous week, Zebra Technologies had 5 more articles in the media than Cognex. MarketBeat recorded 32 mentions for Zebra Technologies and 27 mentions for Cognex. Cognex's average media sentiment score of 0.69 beat Zebra Technologies' score of 0.68 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
10 Very Positive mention(s)
5 Positive mention(s)
12 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
8 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Zebra Technologies has a beta of 1.62, meaning that its share price is 62% more volatile than the broader market. Comparatively, Cognex has a beta of 1.48, meaning that its share price is 48% more volatile than the broader market.

Zebra Technologies presently has a consensus price target of $319.00, suggesting a potential upside of 22.66%. Cognex has a consensus price target of $69.36, suggesting a potential upside of 12.05%. Given Zebra Technologies' higher possible upside, equities analysts plainly believe Zebra Technologies is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zebra Technologies
0 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.62
Cognex
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67

Cognex has a net margin of 13.62% compared to Zebra Technologies' net margin of 7.49%. Zebra Technologies' return on equity of 18.91% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zebra Technologies7.49% 18.91% 8.30%
Cognex 13.62%10.89%8.09%

Summary

Zebra Technologies beats Cognex on 9 of the 17 factors compared between the two stocks.

How does Cognex compare to OSI Systems?

Cognex (NASDAQ:CGNX) and OSI Systems (NASDAQ:OSIS) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, media sentiment, institutional ownership, risk, valuation, dividends and profitability.

In the previous week, Cognex had 17 more articles in the media than OSI Systems. MarketBeat recorded 27 mentions for Cognex and 10 mentions for OSI Systems. Cognex's average media sentiment score of 0.69 beat OSI Systems' score of -0.05 indicating that Cognex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
8 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
OSI Systems
0 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

OSI Systems has higher revenue and earnings than Cognex. OSI Systems 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$994.36M10.36$114.44M$0.8473.69
OSI Systems$1.71B2.00$149.64M$8.7623.72

88.1% of Cognex shares are held by institutional investors. Comparatively, 89.2% of OSI Systems shares are held by institutional investors. 1.7% of Cognex shares are held by company insiders. Comparatively, 4.3% of OSI Systems 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.

Cognex has a net margin of 13.62% compared to OSI Systems' net margin of 8.42%. OSI Systems' return on equity of 18.84% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex13.62% 10.89% 8.09%
OSI Systems 8.42%18.84%7.13%

Cognex has a beta of 1.48, meaning that its share price is 48% more volatile than the broader market. Comparatively, OSI Systems has a beta of 1.31, meaning that its share price is 31% more volatile than the broader market.

Cognex presently has a consensus target price of $69.36, suggesting a potential upside of 12.05%. OSI Systems has a consensus target price of $294.00, suggesting a potential upside of 41.50%. Given OSI Systems' stronger consensus rating and higher probable upside, analysts clearly believe OSI Systems is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67
OSI Systems
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

Summary

Cognex beats OSI Systems on 9 of the 17 factors compared between the two stocks.

How does Cognex compare to Itron?

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

Cognex presently has a consensus price target of $69.36, indicating a potential upside of 12.05%. Itron has a consensus price target of $131.22, indicating a potential upside of 62.40%. Given Itron's higher possible upside, analysts clearly believe Itron is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67
Itron
1 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.54

Itron has higher revenue and earnings than Cognex. Itron 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$994.36M10.36$114.44M$0.8473.69
Itron$2.37B1.51$301.05M$6.2712.89

Cognex has a net margin of 13.62% compared to Itron's net margin of 12.31%. Itron's return on equity of 19.54% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex13.62% 10.89% 8.09%
Itron 12.31%19.54%8.73%

88.1% of Cognex shares are owned by institutional investors. Comparatively, 96.2% of Itron shares are owned by institutional investors. 1.7% of Cognex shares are owned by company insiders. Comparatively, 1.8% of Itron shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Cognex had 19 more articles in the media than Itron. MarketBeat recorded 27 mentions for Cognex and 8 mentions for Itron. Itron's average media sentiment score of 1.01 beat Cognex's score of 0.69 indicating that Itron is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
8 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Itron
5 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cognex has a beta of 1.48, suggesting that its share price is 48% more volatile than the broader market. Comparatively, Itron has a beta of 1.35, suggesting that its share price is 35% more volatile than the broader market.

Summary

Itron beats Cognex on 9 of the 17 factors compared between the two stocks.

How does Cognex compare to Badger Meter?

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

Badger Meter has a net margin of 14.56% compared to Cognex's net margin of 13.62%. Badger Meter's return on equity of 18.76% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Badger Meter14.56% 18.76% 13.53%
Cognex 13.62%10.89%8.09%

Badger Meter pays an annual dividend of $1.60 per share and has a dividend yield of 1.3%. Cognex pays an annual dividend of $0.34 per share and has a dividend yield of 0.5%. Badger Meter pays out 36.1% of its earnings in the form of a dividend. Cognex pays out 40.5% 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. Badger Meter has increased its dividend for 32 consecutive years and Cognex has increased its dividend for 10 consecutive years. Badger Meter is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Cognex had 19 more articles in the media than Badger Meter. MarketBeat recorded 27 mentions for Cognex and 8 mentions for Badger Meter. Cognex's average media sentiment score of 0.69 beat Badger Meter's score of 0.50 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Badger Meter
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
8 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

89.0% of Badger Meter shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 1.0% of Badger Meter shares are held by insiders. Comparatively, 1.7% of Cognex shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Badger Meter has higher earnings, but lower revenue than Cognex. Badger Meter 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
Badger Meter$896.73M3.86$141.63M$4.4326.80
Cognex$994.36M10.36$114.44M$0.8473.69

Badger Meter has a beta of 0.68, suggesting that its stock price is 32% less volatile than the broader market. Comparatively, Cognex has a beta of 1.48, suggesting that its stock price is 48% more volatile than the broader market.

Badger Meter currently has a consensus target price of $155.86, indicating a potential upside of 31.26%. Cognex has a consensus target price of $69.36, indicating a potential upside of 12.05%. Given Badger Meter's higher probable upside, equities research analysts plainly believe Badger Meter is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Badger Meter
1 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.33
Cognex
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67

Summary

Badger Meter and Cognex tied by winning 10 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$10.69B$16.87B$39.06B$12.29B
Dividend Yield0.53%0.51%3.21%5.32%
P/E Ratio73.6931.21167.2925.23
Price / Sales10.3613.45627.9679.36
Price / Cash65.7528.3547.8137.30
Price / Book6.964.219.646.63
Net Income$114.44M$494.95M$1.06B$335.59M
7 Day Performance-5.76%-2.64%-0.30%-1.20%
1 Month Performance11.53%-3.33%3.89%-1.16%
1 Year Performance99.74%19.03%159.75%28.10%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.5949 of 5 stars
$61.90
-3.7%
$69.36
+12.0%
+96.0%$10.69B$994.36M73.692,745
IPGP
IPG Photonics
4.078 of 5 stars
$103.48
-1.0%
$128.67
+24.3%
+59.9%$4.43B$1.00B149.974,840
ZBRA
Zebra Technologies
4.1538 of 5 stars
$216.96
-4.0%
$321.38
+48.1%
-13.5%$11.12B$5.40B26.5610,700
OSIS
OSI Systems
4.0844 of 5 stars
$231.92
+0.5%
$303.43
+30.8%
-10.4%$3.80B$1.71B26.477,337
ITRI
Itron
4.5429 of 5 stars
$81.71
-0.2%
$131.22
+60.6%
-29.6%$3.63B$2.37B13.035,550

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This page (NASDAQ:CGNX) was last updated on 5/19/2026 by MarketBeat.com Staff.
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