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Cognex (CGNX) Competitors

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$60.46 -2.51 (-3.99%)
As of 08/28/2026 04:00 PM Eastern

CGNX vs. IPGP, ZBRA, TDY, VLTO, and AEIS

Should you buy Cognex stock or one of its competitors? Cognex's main competitors and comparable companies include IPG Photonics (IPGP), Zebra Technologies (ZBRA), Teledyne Technologies (TDY), Veralto (VLTO), and Advanced Energy Industries (AEIS). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electronic equipment & instruments" industry.

How does Cognex compare to IPG Photonics?

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

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

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

Cognex has higher earnings, but lower revenue 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
Cognex$994.36M10.23$114.44M$1.0358.70
IPG Photonics$1.00B3.24$31.10M$0.65117.74

In the previous week, IPG Photonics had 5 more articles in the media than Cognex. MarketBeat recorded 26 mentions for IPG Photonics and 21 mentions for Cognex. Cognex's average media sentiment score of 1.62 beat IPG Photonics' score of 0.79 indicating that Cognex is being referred to more favorably in the media.

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

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
Cognex16.05% 13.50% 10.02%
IPG Photonics 2.58%3.39%2.98%

Cognex presently has a consensus price target of $75.64, indicating a potential upside of 25.11%. IPG Photonics has a consensus price target of $142.60, indicating a potential upside of 86.33%. Given IPG Photonics' higher probable upside, analysts clearly believe IPG Photonics is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Cognex beats IPG Photonics on 11 of the 17 factors compared between the two stocks.

How does Cognex compare to Zebra Technologies?

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

88.1% of Cognex shares are owned by institutional investors. Comparatively, 91.0% of Zebra Technologies shares are owned by institutional investors. 1.7% of Cognex shares are owned by insiders. Comparatively, 0.9% of Zebra Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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
Cognex16.05% 13.50% 10.02%
Zebra Technologies 9.22%22.29%9.46%

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
Cognex$994.36M10.23$114.44M$1.0358.70
Zebra Technologies$5.40B3.15$419M$10.9332.61

In the previous week, Cognex had 17 more articles in the media than Zebra Technologies. MarketBeat recorded 21 mentions for Cognex and 4 mentions for Zebra Technologies. Cognex's average media sentiment score of 1.62 beat Zebra Technologies' score of 1.33 indicating that Cognex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
20 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Zebra Technologies
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Cognex currently has a consensus target price of $75.64, indicating a potential upside of 25.11%. Zebra Technologies has a consensus target price of $381.00, indicating a potential upside of 6.89%. Given Cognex's higher possible upside, analysts plainly believe Cognex is more favorable than Zebra Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82
Zebra Technologies
0 Sell rating(s)
3 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.85

Summary

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

How does Cognex compare to Teledyne Technologies?

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

Teledyne Technologies presently has a consensus price target of $721.67, suggesting a potential upside of 16.18%. Cognex has a consensus price target of $75.64, suggesting a potential upside of 25.11%. Given Cognex's stronger consensus rating and higher possible upside, analysts plainly believe Cognex is more favorable than Teledyne Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Teledyne Technologies
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.63
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82

In the previous week, Teledyne Technologies had 13 more articles in the media than Cognex. MarketBeat recorded 34 mentions for Teledyne Technologies and 21 mentions for Cognex. Cognex's average media sentiment score of 1.62 beat Teledyne Technologies' score of 1.11 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Teledyne Technologies
24 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
20 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Teledyne Technologies has a beta of 0.92, suggesting that its stock price is 8% less volatile than the broader market. Comparatively, Cognex has a beta of 1.49, suggesting that its stock price is 49% more 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
Teledyne Technologies15.29% 10.56% 7.34%
Cognex 16.05%13.50%10.02%

91.6% of Teledyne Technologies shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 1.4% of Teledyne Technologies 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, large money managers and endowments 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
Teledyne Technologies$6.12B4.71$894.80M$20.7129.99
Cognex$994.36M10.23$114.44M$1.0358.70

Summary

Cognex beats Teledyne Technologies on 12 of the 17 factors compared between the two stocks.

How does Cognex compare to Veralto?

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

91.3% of Veralto shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 0.4% of Veralto shares are owned by company insiders. Comparatively, 1.7% of Cognex shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Veralto has a net margin of 17.35% compared to Cognex's net margin of 16.05%. Veralto's return on equity of 34.76% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Veralto17.35% 34.76% 13.38%
Cognex 16.05%13.50%10.02%

Veralto pays an annual dividend of $0.52 per share and has a dividend yield of 0.5%. Cognex pays an annual dividend of $0.34 per share and has a dividend yield of 0.6%. Veralto pays out 13.1% of its earnings in the form of a dividend. Cognex pays out 33.0% 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. Veralto has raised its dividend for 1 consecutive years and 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.

Veralto presently has a consensus price target of $110.90, suggesting a potential upside of 12.65%. Cognex has a consensus price target of $75.64, suggesting a potential upside of 25.11%. Given Cognex's stronger consensus rating and higher possible upside, analysts clearly believe Cognex is more favorable than Veralto.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veralto
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82

In the previous week, Cognex had 17 more articles in the media than Veralto. MarketBeat recorded 21 mentions for Cognex and 4 mentions for Veralto. Cognex's average media sentiment score of 1.62 beat Veralto's score of 0.92 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Veralto
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
20 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Veralto has a beta of 0.6, suggesting that its stock price is 40% less volatile than the broader market. Comparatively, Cognex has a beta of 1.49, suggesting that its stock price is 49% more volatile than the broader market.

Veralto has higher revenue and earnings than Cognex. Veralto 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
Veralto$5.70B4.21$940M$3.9624.86
Cognex$994.36M10.23$114.44M$1.0358.70

Summary

Cognex beats Veralto on 12 of the 20 factors compared between the two stocks.

How does Cognex compare to Advanced Energy Industries?

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

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

Advanced Energy Industries presently has a consensus target price of $409.50, suggesting a potential upside of 50.10%. Cognex has a consensus target price of $75.64, suggesting a potential upside of 25.11%. Given Advanced Energy Industries' stronger consensus rating and higher possible upside, equities research analysts plainly believe Advanced Energy Industries is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Advanced Energy Industries
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.93
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82

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
Advanced Energy Industries10.77% 20.75% 10.39%
Cognex 16.05%13.50%10.02%

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
Advanced Energy Industries$2.04B5.36$148.40M$5.3650.90
Cognex$994.36M10.23$114.44M$1.0358.70

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

Advanced Energy Industries pays an annual dividend of $0.40 per share and has a dividend yield of 0.1%. Cognex pays an annual dividend of $0.34 per share and has a dividend yield of 0.6%. Advanced Energy Industries pays out 7.5% of its earnings in the form of a dividend. Cognex pays out 33.0% 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.

In the previous week, Advanced Energy Industries had 20 more articles in the media than Cognex. MarketBeat recorded 41 mentions for Advanced Energy Industries and 21 mentions for Cognex. Cognex's average media sentiment score of 1.62 beat Advanced Energy Industries' score of 1.46 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Advanced Energy Industries
26 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
20 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Advanced Energy Industries beats Cognex on 11 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$10.17B$8.67B$29.73B$12.90B
Dividend Yield0.56%2.25%2.74%11.28%
P/E Ratio58.7024.0775.8225.45
Price / Sales10.2343.19591.1076.64
Price / Cash61.8731.3349.2953.00
Price / Book6.245.329.316.14
Net Income$114.44M$202.63M$678.22M$348.86M
7 Day Performance-0.13%-0.91%-0.07%-0.80%
1 Month Performance-3.45%3.68%4.19%4.13%
1 Year Performance37.60%820.47%187.24%15.17%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.9425 of 5 stars
$60.46
-4.0%
$75.64
+25.1%
+37.6%$10.17B$994.36M58.702,745
IPGP
IPG Photonics
3.7067 of 5 stars
$70.74
-3.4%
$142.60
+101.6%
-6.5%$3.12B$1.07B108.834,840
ZBRA
Zebra Technologies
4.2184 of 5 stars
$363.30
-1.4%
$381.00
+4.9%
+12.4%$17.55B$5.40B33.2410,700
TDY
Teledyne Technologies
4.594 of 5 stars
$625.50
-1.7%
$721.67
+15.4%
+15.6%$29.49B$6.12B30.2015,800
VLTO
Veralto
3.7943 of 5 stars
$99.34
+0.6%
$110.90
+11.6%
-7.3%$24.08B$5.50B25.0917,000

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This page (NASDAQ:CGNX) was last updated on 8/30/2026 by MarketBeat.com Staff.
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