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Cognex (CGNX) Competitors

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$32.50 -0.28 (-0.85%)
Closing price 07/3/2025 03:42 PM Eastern
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$32.55 +0.05 (+0.15%)
As of 07/3/2025 04:40 PM Eastern
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CGNX vs. COHR, BMI, ITRI, OSIS, FARO, DAKT, MLAB, VPG, AME, and FTV

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), AMETEK (AME), and Fortive (FTV).

Cognex vs. Its Competitors

Cognex (NASDAQ:CGNX) and Coherent (NYSE:COHR) are both electronic equipment & instruments companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, risk, media sentiment and institutional ownership.

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 company insiders. Comparatively, 0.6% of Coherent shares are owned by company 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.

In the previous week, Cognex had 9 more articles in the media than Coherent. MarketBeat recorded 13 mentions for Cognex and 4 mentions for Coherent. Cognex's average media sentiment score of 0.91 beat Coherent's score of -0.22 indicating that Cognex is being referred to more favorably in the media.

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

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 1.88, meaning that its share price is 88% more volatile than the S&P 500.

Cognex currently has a consensus price target of $39.17, suggesting a potential upside of 20.51%. Coherent has a consensus price target of $103.00, suggesting a potential upside of 13.50%. Given Cognex's higher probable upside, equities research analysts plainly believe Cognex is more favorable than Coherent.

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

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$919.75M5.93$106.17M$0.6847.79
Coherent$5.60B2.52-$156.15M-$0.23-394.57

Cognex has a net margin of 12.80% compared to Coherent's net margin of 1.73%. Coherent's return on equity of 9.07% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex12.80% 6.37% 4.81%
Coherent 1.73%9.07%3.56%

Summary

Cognex beats Coherent on 11 of the 17 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$5.46B$14.45B$27.78B$9.04B
Dividend Yield0.98%0.75%3.12%4.01%
P/E Ratio47.7925.1937.2420.24
Price / Sales5.9347.522,037.17117.31
Price / Cash46.4924.2038.5158.10
Price / Book3.643.557.225.67
Net Income$106.17M$510.76M$763.57M$249.21M
7 Day Performance3.31%-4.56%2.79%3.28%
1 Month Performance7.33%-1.10%5.51%3.95%
1 Year Performance-31.26%-2.61%52,212.03%20.98%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.7938 of 5 stars
$32.50
-0.9%
$39.17
+20.5%
-31.3%$5.46B$919.75M47.792,914
COHR
Coherent
3.9926 of 5 stars
$80.66
-0.7%
$103.00
+27.7%
+21.7%$12.54B$4.71B-350.7026,157
BMI
Badger Meter
3.6511 of 5 stars
$246.33
+1.1%
$236.60
-3.9%
+29.5%$7.25B$826.56M54.262,210
ITRI
Itron
3.846 of 5 stars
$130.81
+2.4%
$128.18
-2.0%
+36.4%$5.96B$2.44B23.875,788
OSIS
OSI Systems
3.4263 of 5 stars
$215.69
+0.3%
$228.33
+5.9%
+56.5%$3.62B$1.54B26.246,681News Coverage
FARO
FARO Technologies
1.5088 of 5 stars
$43.75
+0.1%
$35.50
-18.9%
+174.5%$845.25M$342.43M-875.001,232News Coverage
High Trading Volume
DAKT
Daktronics
4.7875 of 5 stars
$14.87
+4.5%
$26.00
+74.8%
+29.5%$741.86M$818.08M-74.352,831
MLAB
Mesa Laboratories
3.0838 of 5 stars
$97.91
+2.2%
$130.00
+32.8%
+12.0%$534.59M$240.98M-264.62680News Coverage
High Trading Volume
VPG
Vishay Precision Group
1.2619 of 5 stars
$26.00
+0.3%
$28.50
+9.6%
+0.6%$344.76M$306.52M113.042,200
AME
AMETEK
4.0443 of 5 stars
$177.43
+0.4%
$197.89
+11.5%
+11.2%$40.97B$6.94B29.0421,500Positive News
FTV
Fortive
4.9318 of 5 stars
$70.32
+1.0%
$82.62
+17.5%
-26.8%$23.90B$6.23B30.8418,000News Coverage
Analyst Forecast
Analyst Revision

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This page (NASDAQ:CGNX) was last updated on 7/6/2025 by MarketBeat.com Staff
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