Added to YB: 2026-09-28
Pitch date: 2026-09-23
CGNX [bullish]
Cognex Corporation
+2.34%
current return
Author Info
No bio for this author
Company Info
Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks in the United States, Europe, Greater China, and internationally.
Market Cap
$9.8B
Pitch Price
$57.32
Price Target
48.00 (-17%)
Dividend
0.58%
EV/EBITDA
33.48
P/E
55.96
EV/Sales
8.68
Sector
Electronic Equipment, Instruments and Components
Category
special_situation
Cognex Deep Dive
CGNX (deep dive): Cognex’s cash-funded RealSense acquisition adds 3D robotic perception to its precision machine-vision franchise, while the post-announcement selloff implied just ~$68M of value for a business guiding to $80-$90M of revenue and >50% growth. At ~$59, however, Cognex already trades near 28x EBITDA and a 2.7% FCF yield; base-case DCF is ~$48, making industrial-downturn multiple compression the main risk and favoring purchases only on weakness.
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