Cognex Corporation (CGNX) Stock Analysis
Last updated Sep 8, 2026
Health Check
Last analyzed Sep 7, 2026
- Financial Health 70
- Profitability 60
- Business Quality 75
- Balance Sheet 65
- Cash Flow 80
Why this rating?
Health 70/100 — High Quality
Worth tracking, but timing is mixed — not a clear setup yet.
Company overview
Cognex Corporation (CGNX) is a Scientific & Technical Instruments company in the Technology sector. Compound Radar rates Cognex Corporation 70/100 (High Quality) due to high business quality, strong revenue growth, and manageable leverage.
Investment profile
- Quality High
- Growth Strong
- Balance Sheet Adequate
- Valuation Fair
Financial highlights
Valuation
- P/E 59.84
- Forward P/E 30.74
- PEG 2.71
- EV/Revenue 9.31
Profitability
- Revenue Growth 16.9%
- Gross Margin 68.9%
- Operating Margin 29.4%
- Net Margin 16.1%
- ROE 11.1%
Financial strength
- Cash $404.37M
- Debt $72.48M
- Net Cash $331.89M
- Free Cash Flow $236.77M
- Current Ratio 3.93
Similar companies
Peers in Scientific & Technical Instruments, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Garmin Ltd. Scientific & Technical Instruments GRMN$275.68 87 Health 87 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Keysight Technologies, Inc. Scientific & Technical Instruments KEYS$333.42 74 Health 74 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Itron, Inc. Scientific & Technical Instruments ITRI$96.57 67 Health 67 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Fortive Corporation Scientific & Technical Instruments FTV$56.51 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Good Entry Good EntryA usable setup — not as clean as Strong Entry, but timing is not mixed or weak.
- Vontier Corporation Scientific & Technical Instruments VNT$32.57 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Coherent Corp. Scientific & Technical Instruments COHR$301.88 60 Health 60 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- MKS Inc. Scientific & Technical Instruments MKSI$265.50 59 Health 59 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Trimble Inc. Scientific & Technical Instruments TRMB$58.78 58 Health 58 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks Cognex Corporation (CGNX).