Go Pro

Cognex (CGNX) Competitors

Cognex logo
$61.56 +0.71 (+1.17%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$61.67 +0.11 (+0.18%)
As of 09/18/2026 08:00 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 Massive. Learn more.

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?

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

Cognex has higher revenue and 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$1.00B3.24$31.10M$0.65117.75
Cognex$1.09B9.51$114.44M$1.0359.77

IPG Photonics has a beta of 0.98, indicating that its stock price is 2% less volatile than the broader market. Comparatively, Cognex has a beta of 1.49, indicating that its stock price is 49% more volatile than the broader market.

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

In the previous week, Cognex had 7 more articles in the media than IPG Photonics. MarketBeat recorded 10 mentions for Cognex and 3 mentions for IPG Photonics. IPG Photonics' average media sentiment score of 0.76 beat Cognex's score of 0.55 indicating that IPG Photonics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IPG Photonics
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 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
IPG Photonics2.58% 3.39% 2.98%
Cognex 16.05%13.50%10.02%

IPG Photonics presently has a consensus price target of $142.60, suggesting a potential upside of 86.32%. Cognex has a consensus price target of $75.64, suggesting a potential upside of 22.88%. Given IPG Photonics' higher possible upside, analysts plainly 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82

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

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

Zebra Technologies has a beta of 1.6, suggesting that its stock price is 60% 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.

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$5.40B3.06$419M$10.9331.71
Cognex$1.09B9.51$114.44M$1.0359.77

In the previous week, Cognex had 1 more articles in the media than Zebra Technologies. MarketBeat recorded 10 mentions for Cognex and 9 mentions for Zebra Technologies. Zebra Technologies' average media sentiment score of 0.84 beat Cognex's score of 0.55 indicating that Zebra Technologies is being referred to more favorably in the media.

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

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
Zebra Technologies9.22% 22.29% 9.46%
Cognex 16.05%13.50%10.02%

Zebra Technologies currently has a consensus price target of $383.08, suggesting a potential upside of 10.52%. Cognex has a consensus price target of $75.64, suggesting a potential upside of 22.88%. 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
Zebra Technologies
0 Sell rating(s)
3 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.85
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82

Summary

Cognex beats Zebra Technologies on 9 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 superior stock? We will contrast the two businesses based on the strength of their earnings, dividends, institutional ownership, media sentiment, risk, profitability, analyst recommendations and valuation.

Teledyne Technologies has a beta of 0.91, suggesting that its share price is 9% less volatile than the broader market. Comparatively, Cognex has a beta of 1.49, suggesting that its share price is 49% more volatile than the broader market.

Teledyne Technologies currently has a consensus price target of $723.33, indicating a potential upside of 19.80%. Cognex has a consensus price target of $75.64, indicating a potential upside of 22.88%. Given Cognex's stronger consensus rating and higher possible upside, analysts clearly 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

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$6.12B4.58$894.80M$20.7129.15
Cognex$1.09B9.51$114.44M$1.0359.77

In the previous week, Cognex had 1 more articles in the media than Teledyne Technologies. MarketBeat recorded 10 mentions for Cognex and 9 mentions for Teledyne Technologies. Teledyne Technologies' average media sentiment score of 0.64 beat Cognex's score of 0.55 indicating that Teledyne Technologies is being referred to more favorably in the media.

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

91.6% of Teledyne Technologies shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 1.4% of Teledyne Technologies 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, large money managers and hedge funds believe a stock will outperform the market over the long term.

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%

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 business? We will compare the two companies based on the strength of their risk, valuation, institutional ownership, earnings, analyst recommendations, dividends, profitability and media sentiment.

91.3% of Veralto shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 0.4% of Veralto shares are held by insiders. Comparatively, 1.7% of Cognex shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Cognex had 1 more articles in the media than Veralto. MarketBeat recorded 10 mentions for Cognex and 9 mentions for Veralto. Veralto's average media sentiment score of 0.78 beat Cognex's score of 0.55 indicating that Veralto is being referred to more favorably in the media.

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

Veralto currently has a consensus target price of $112.50, indicating a potential upside of 19.18%. Cognex has a consensus target price of $75.64, indicating a potential upside of 22.88%. Given Cognex's stronger consensus rating and higher probable upside, analysts plainly 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

Veralto pays an annual dividend of $0.52 per share and has a dividend yield of 0.6%. 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 increased its dividend for 1 consecutive years and 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.

Veralto has a beta of 0.6, suggesting that its share price is 40% less volatile than the broader market. Comparatively, Cognex has a beta of 1.49, suggesting that its share 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$5.50B4.18$940M$3.9623.84
Cognex$1.09B9.51$114.44M$1.0359.77

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%

Summary

Cognex beats Veralto on 11 of the 20 factors compared between the two stocks.

How does Cognex compare to Advanced Energy Industries?

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

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
Cognex16.05% 13.50% 10.02%
Advanced Energy Industries 10.77%20.75%10.39%

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
Cognex$1.09B9.51$114.44M$1.0359.77
Advanced Energy Industries$1.80B5.84$148.40M$5.3648.92

In the previous week, Cognex had 8 more articles in the media than Advanced Energy Industries. MarketBeat recorded 10 mentions for Cognex and 2 mentions for Advanced Energy Industries. Advanced Energy Industries' average media sentiment score of 1.25 beat Cognex's score of 0.55 indicating that Advanced Energy Industries is being referred to more favorably in the news media.

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

88.1% of Cognex shares are held by institutional investors. Comparatively, 99.7% of Advanced Energy Industries shares are held by institutional investors. 1.7% of Cognex shares are held by company insiders. Comparatively, 1.3% of Advanced Energy Industries shares are held by company 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.

Cognex has a beta of 1.49, meaning that its stock price is 49% more volatile than the broader market. Comparatively, Advanced Energy Industries has a beta of 1.31, meaning that its stock price is 31% more volatile than the broader market.

Cognex currently has a consensus price target of $75.64, suggesting a potential upside of 22.88%. Advanced Energy Industries has a consensus price target of $409.50, suggesting a potential upside of 56.18%. Given Advanced Energy Industries' stronger consensus rating and higher probable upside, analysts clearly believe Advanced Energy Industries 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
Advanced Energy Industries
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.93

Cognex pays an annual dividend of $0.34 per share and has a dividend yield of 0.6%. Advanced Energy Industries pays an annual dividend of $0.40 per share and has a dividend yield of 0.2%. Cognex pays out 33.0% of its earnings in the form of a dividend. Advanced Energy Industries pays out 7.5% 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. 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.

Summary

Advanced Energy Industries beats Cognex on 11 of the 20 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.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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

MetricCognexElectronic Equipment, Instruments & Components IndustryTechnology SectorNASDAQ Exchange
Market Cap$10.24B$8.61B$29.96B$13.14B
Dividend Yield0.57%2.25%2.74%12.30%
P/E Ratio59.7725.4677.4425.40
Price / Sales9.5139.53589.96114.44
Price / Cash62.2630.8748.0151.66
Price / Book6.924.657.826.33
Net Income$114.44M$201.36M$702.35M$358.33M
7 Day Performance-4.14%-1.72%-0.52%1.12%
1 Month Performance1.52%-4.68%-2.40%-2.67%
1 Year Performance32.44%804.03%176.39%6.01%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.6793 of 5 stars
$61.56
+1.2%
$75.64
+22.9%
+33.3%$10.36B$994.36M59.772,745
IPGP
IPG Photonics
3.8597 of 5 stars
$74.90
-6.4%
$142.60
+90.4%
-7.4%$3.40B$1.00B115.234,840
ZBRA
Zebra Technologies
4.1934 of 5 stars
$351.81
+0.4%
$381.00
+8.3%
+7.4%$16.69B$5.40B32.1910,700
TDY
Teledyne Technologies
4.595 of 5 stars
$596.45
-1.2%
$721.67
+21.0%
+7.3%$27.99B$6.12B28.8015,800
VLTO
Veralto
4.8301 of 5 stars
$96.27
+2.3%
$110.90
+15.2%
-11.9%$22.94B$5.50B24.3117,000

Related Companies and Tools


This page (NASDAQ:CGNX) was last updated on 9/19/2026 by MarketBeat.com Staff.
From Our Partners