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Cognex (CGNX) Competitors

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$62.39 +1.57 (+2.58%)
Closing price 04:00 PM Eastern
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$62.62 +0.23 (+0.38%)
As of 07:59 PM Eastern
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CGNX vs. IPGP, ZBRA, ITRI, BMI, and OSIS

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

How does Cognex compare to IPG Photonics?

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

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$994.36M10.44$114.44M$0.8474.27
IPG Photonics$1.00B4.70$31.10M$0.69161.26

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
Cognex13.62% 10.89% 8.09%
IPG Photonics 2.78%2.84%2.50%

In the previous week, IPG Photonics had 3 more articles in the media than Cognex. MarketBeat recorded 10 mentions for IPG Photonics and 7 mentions for Cognex. Cognex's average media sentiment score of 1.25 beat IPG Photonics' score of 0.46 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)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IPG Photonics
3 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cognex currently has a consensus price target of $70.43, indicating a potential upside of 12.88%. IPG Photonics has a consensus price target of $135.50, indicating a potential upside of 21.78%. Given IPG Photonics' higher probable upside, analysts plainly 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)
6 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.72
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Cognex has a beta of 1.52, indicating that its share price is 52% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.95, indicating that its share price is 5% less volatile than the broader market.

Summary

Cognex beats IPG Photonics on 11 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 better stock? We will compare the two businesses based on the strength of their profitability, earnings, dividends, media sentiment, risk, valuation, institutional ownership 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$5.40B2.06$419M$8.2728.18
Cognex$994.36M10.44$114.44M$0.8474.27

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%

In the previous week, Zebra Technologies had 4 more articles in the media than Cognex. MarketBeat recorded 11 mentions for Zebra Technologies and 7 mentions for Cognex. Cognex's average media sentiment score of 1.25 beat Zebra Technologies' score of 0.72 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
5 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Zebra Technologies currently has a consensus price target of $319.00, suggesting a potential upside of 36.89%. Cognex has a consensus price target of $70.43, suggesting a potential upside of 12.88%. Given Zebra Technologies' higher possible upside, equities research 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)
6 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.72

91.0% of Zebra Technologies shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 0.9% of Zebra 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 is poised for long-term growth.

Zebra Technologies has a beta of 1.63, meaning that its share price is 63% more volatile than the broader market. Comparatively, Cognex has a beta of 1.52, meaning that its share price is 52% more volatile than the broader market.

Summary

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

How does Cognex compare to Itron?

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

96.2% of Itron shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 1.8% of Itron 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 is poised for long-term growth.

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
Itron$2.37B1.53$301.05M$6.2713.05
Cognex$994.36M10.44$114.44M$0.8474.27

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
Itron12.31% 19.54% 8.73%
Cognex 13.62%10.89%8.09%

In the previous week, Itron had 4 more articles in the media than Cognex. MarketBeat recorded 11 mentions for Itron and 7 mentions for Cognex. Cognex's average media sentiment score of 1.25 beat Itron's score of 0.93 indicating that Cognex is being referred to more favorably in the news media.

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

Itron currently has a consensus price target of $131.22, suggesting a potential upside of 60.42%. Cognex has a consensus price target of $70.43, suggesting a potential upside of 12.88%. Given Itron's higher possible upside, equities research analysts plainly believe Itron is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Itron
1 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.54
Cognex
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.72

Itron has a beta of 1.33, meaning that its share price is 33% more volatile than the broader market. Comparatively, Cognex has a beta of 1.52, meaning that its share price is 52% 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 business? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, earnings, profitability, media sentiment, valuation and risk.

Badger Meter has a beta of 0.68, meaning that its share price is 32% less volatile than the broader market. Comparatively, Cognex has a beta of 1.52, meaning that its share price is 52% more volatile than the broader market.

In the previous week, Badger Meter had 32 more articles in the media than Cognex. MarketBeat recorded 39 mentions for Badger Meter and 7 mentions for Cognex. Cognex's average media sentiment score of 1.25 beat Badger Meter's score of 0.18 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
5 Very Positive mention(s)
1 Positive mention(s)
29 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Neutral
Cognex
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 1.2%. 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.

89.0% of Badger Meter shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 1.0% of Badger Meter shares are owned by company insiders. Comparatively, 1.7% of Cognex shares are owned by company 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$916.66M4.15$141.63M$4.4329.43
Cognex$994.36M10.44$114.44M$0.8474.27

Badger Meter presently has a consensus target price of $155.86, indicating a potential upside of 19.54%. Cognex has a consensus target price of $70.43, indicating a potential upside of 12.88%. Given Badger Meter's higher probable upside, 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)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36
Cognex
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.72

Summary

Badger Meter beats Cognex on 11 of the 20 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 investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, earnings, institutional ownership, media sentiment, valuation and risk.

In the previous week, Cognex had 2 more articles in the media than OSI Systems. MarketBeat recorded 7 mentions for Cognex and 5 mentions for OSI Systems. Cognex's average media sentiment score of 1.25 beat OSI Systems' score of 0.62 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)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
OSI Systems
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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%

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$994.36M10.44$114.44M$0.8474.27
OSI Systems$1.71B2.02$149.64M$8.7624.03

Cognex presently has a consensus target price of $70.43, indicating a potential upside of 12.88%. OSI Systems has a consensus target price of $294.00, indicating a potential upside of 39.67%. Given OSI Systems' stronger consensus rating and higher probable upside, analysts plainly 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)
6 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.72
OSI Systems
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

Cognex has a beta of 1.52, suggesting that its share price is 52% more volatile than the broader market. Comparatively, OSI Systems has a beta of 1.21, suggesting that its share price is 21% more volatile than the broader market.

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 insiders. Comparatively, 4.3% of OSI Systems shares are held by 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.

Summary

Cognex beats OSI Systems on 9 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$10.12B$16.86B$38.94B$11.99B
Dividend Yield0.56%0.52%3.14%5.58%
P/E Ratio74.2731.6279.9723.74
Price / Sales10.4411.66637.24107.95
Price / Cash62.2327.6148.7537.25
Price / Book7.014.269.716.78
Net Income$114.44M$494.95M$1.07B$337.51M
7 Day Performance-3.48%-0.39%-3.08%-2.72%
1 Month Performance-4.98%-1.60%4.38%1.87%
1 Year Performance106.04%21.08%159.73%26.60%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.804 of 5 stars
$62.39
+2.6%
$70.43
+12.9%
+100.9%$10.12B$994.36M74.272,745
IPGP
IPG Photonics
3.95 of 5 stars
$115.16
+0.6%
$135.50
+17.7%
+55.7%$4.86B$1.00B166.904,840
ZBRA
Zebra Technologies
4.2968 of 5 stars
$249.96
+2.6%
$319.00
+27.6%
-21.4%$11.60B$5.40B30.2210,700
ITRI
Itron
4.6472 of 5 stars
$84.79
+2.8%
$131.22
+54.8%
-33.6%$3.66B$2.37B13.525,550
BMI
Badger Meter
4.8384 of 5 stars
$122.67
-1.0%
$155.86
+27.0%
-48.6%$3.62B$916.66M27.692,477

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This page (NASDAQ:CGNX) was last updated on 6/8/2026 by MarketBeat.com Staff.
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