Free Trial

Cognex (CGNX) Competitors

Cognex logo
$30.15 -0.45 (-1.47%)
Closing price 06/13/2025 04:00 PM Eastern
Extended Trading
$30.15 0.00 (0.00%)
As of 06/13/2025 04:41 PM 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 Polygon.io. Learn more.

CGNX vs. COHR, BMI, ITRI, OSIS, FARO, DAKT, MLAB, VPG, MKSI, and ST

Should you be buying Cognex stock or one of its competitors? The main competitors of Cognex include Coherent (COHR), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), FARO Technologies (FARO), Daktronics (DAKT), Mesa Laboratories (MLAB), Vishay Precision Group (VPG), MKS Instruments (MKSI), and Sensata Technologies (ST).

Cognex vs. Its Competitors

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

Cognex has a beta of 1.47, meaning that its share price is 47% more volatile than the S&P 500. Comparatively, Coherent has a beta of 1.85, meaning that its share price is 85% more volatile than the S&P 500.

Cognex has higher earnings, but lower revenue than Coherent. Coherent 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$919.75M5.50$106.17M$0.6844.34
Coherent$5.60B2.15-$156.15M-$0.23-335.91

In the previous week, Cognex had 19 more articles in the media than Coherent. MarketBeat recorded 29 mentions for Cognex and 10 mentions for Coherent. Cognex's average media sentiment score of 0.70 beat Coherent's score of 0.16 indicating that Cognex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
7 Very Positive mention(s)
5 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Coherent
2 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cognex presently has a consensus price target of $39.67, indicating a potential upside of 31.56%. Coherent has a consensus price target of $103.00, indicating a potential upside of 33.32%. Given Coherent's stronger consensus rating and higher probable upside, analysts clearly believe Coherent 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)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50
Coherent
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
3.00

88.1% of Cognex shares are owned by institutional investors. Comparatively, 83.3% of Coherent shares are owned by institutional investors. 1.6% of Cognex shares are owned by insiders. Comparatively, 0.6% of Coherent shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Coherent received 51 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 63.08% of users gave Coherent an outperform vote while only 59.89% of users gave Cognex an outperform vote.

CompanyUnderperformOutperform
CognexOutperform Votes
530
59.89%
Underperform Votes
355
40.11%
CoherentOutperform Votes
581
63.08%
Underperform Votes
340
36.92%

Cognex has a net margin of 11.61% compared to Coherent's net margin of 1.28%. Coherent's return on equity of 8.29% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex11.61% 5.65% 4.25%
Coherent 1.28%8.29%3.25%

Summary

Cognex beats Coherent on 10 of the 19 factors compared between the two stocks.

Get Cognex News Delivered to You Automatically

Sign up to receive the latest news and ratings for CGNX and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

CGNX vs. The Competition

MetricCognexProcess control instruments IndustryComputer SectorNASDAQ Exchange
Market Cap$5.06B$18.34B$26.20B$8.50B
Dividend Yield1.03%0.85%2.85%4.17%
P/E Ratio49.4326.2644.5119.66
Price / Sales5.504.341,698.14152.07
Price / Cash47.7518.5034.7434.64
Price / Book3.383.466.824.59
Net Income$106.17M$492.30M$742.69M$248.23M
7 Day Performance-0.43%-0.94%-0.43%-1.07%
1 Month Performance-4.62%-1.41%1.49%2.59%
1 Year Performance-33.85%-3.61%52,718.72%13.50%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.9229 of 5 stars
$30.15
-1.5%
$39.67
+31.6%
-33.9%$5.06B$919.75M49.432,440News Coverage
Analyst Forecast
Analyst Revision
COHR
Coherent
4.5206 of 5 stars
$81.22
+1.9%
$101.67
+25.2%
+7.7%$12.63B$5.60B-198.1023,700Trending News
Analyst Forecast
Gap Down
BMI
Badger Meter
3.0417 of 5 stars
$248.07
+0.5%
$229.80
-7.4%
+30.0%$7.31B$852.49M58.641,980Positive News
ITRI
Itron
3.5639 of 5 stars
$121.58
+0.8%
$127.36
+4.8%
+15.1%$5.54B$2.44B24.915,480Insider Trade
OSIS
OSI Systems
3.3333 of 5 stars
$227.78
+0.6%
$228.33
+0.2%
+70.5%$3.82B$1.69B29.326,300Insider Trade
FARO
FARO Technologies
1.6388 of 5 stars
$42.43
+0.0%
$35.50
-16.3%
+152.6%$815.76M$341.05M-121.231,490
DAKT
Daktronics
4.7469 of 5 stars
$14.13
+1.2%
$26.00
+84.0%
+25.2%$704.99M$799.81M56.522,480Positive News
MLAB
Mesa Laboratories
3.2649 of 5 stars
$102.86
-1.1%
$130.00
+26.4%
+6.0%$561.10M$240.98M-2.22680Positive News
High Trading Volume
VPG
Vishay Precision Group
2.2986 of 5 stars
$27.25
-2.8%
$28.50
+4.6%
-18.1%$361.19M$297.48M36.822,700Positive News
High Trading Volume
MKSI
MKS Instruments
4.8574 of 5 stars
$91.59
+3.3%
$134.92
+47.3%
-33.2%$6.18B$3.65B32.716,400Analyst Revision
ST
Sensata Technologies
4.789 of 5 stars
$27.79
+2.8%
$34.08
+22.7%
-27.9%$4.06B$3.84B33.0820,800Positive News
Gap Down

Related Companies and Tools


This page (NASDAQ:CGNX) was last updated on 6/15/2025 by MarketBeat.com Staff
From Our Partners