CGNX · NASDAQ · STOCK
Cognex
$66.91
52W $34.60 – $72.88
64/100
$11.13B
63.7
1.49
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is CGNX Bullish or Bearish?
Bullish.
Innellis AI committee rates Cognex (CGNX) Buy with a composite score of 64/100
, based on 5 analysts with 80% agreement.
Last updated August 09, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +10.81 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -9.19 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — 5 consecutive earnings beats -- consistent execution. Risk Analyst remains cautious — bollinger bandwidth of 20.4% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- 5 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
- Trend and market structure agree -- coherent bullish picture — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- Bollinger bandwidth of 20.4% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 09, 2026
Overall Committee Score
64/100
Agreement
80%
Analysts
5
Conviction
Contested
Sector Rank
Top 12%
of 172 Technology peers
Growth Analyst
bullish
82
/ 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ 5 consecutive earnings beats -- consistent execution
Technical Analyst
bullish
69
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 20.4% signals elevated volatility
Macro Analyst
bullish
70
/ 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst
bullish
65
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.22 across 24 articles, 14d)
Portfolio Manager
neutral
55
/ 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 4 existing position pair(s) are highly correlated already
Investment Thesis Evolution
Committee score moved marginally from 62.9 to 64.2.
- Conviction changed from moderate to contested.
- Committee agreement increased notably from 67% to 80%.
- Bullish support removed: 2 signal(s) disappeared.
- Bearish pressure eased: 2 signal(s) disappeared.
- Analyst(s) changed stance: Risk Analyst.
- Analyst(s) abstained: Value Analyst.
Analyst-level changes:
- Growth Analyst: score 77->82 (+6).
- Risk Analyst: stance neutral->bearish; score 58->35 (-22).
- Value Analyst abstained (was bearish at 40).
Comparing 2026-08-08 to 2026-08-09 (1 day apart).
Technical Analysis
RSI (14)
54.3
Neutral
MACD Histogram
0.697
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Support
$61.73
Resistance
$71.56
Bollinger %B
0.70
Inside Bands
Price vs Moving Averages
EMA 9
$66.53
Above
EMA 21
$65.37
Above
EMA 50
$64.11
Above
EMA 200
$54.58
Above
Fundamental Analysis
Valuation
33
Growth
89
Profitability
69
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
63.7×
P/B Ratio
6.87×
PEG Ratio
1.39
Dividend Yield
0.50%
52W High
$72.88
52W Low
$34.60
Quality & Growth
ROE
767.1%
ROA
567.5%
Gross Margin
6886.6%
Operating Margin
2189.6%
Revenue Growth YoY
—
Debt / Equity
0.04
AI Fundamental Assessment
P/E ratio of 63.7 (rich relative to a 15-40x range); Price-to-book of 6.9x; PEG ratio of 1.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 7.7%; Return on assets of 5.7%; Net margin of 16.1%; Gross margin of 68.9%; Current ratio of 3.93 (healthy short-term liquidity); Debt-to-equity of 0.04; Free cash flow per share is positive (1.60); Most recent quarter beat estimates by 4.0%; 5 consecutive earnings beats; EPS growth accelerating (+25.9% -> +32.4% QoQ); Average YoY EPS growth of 80.0%; Analyst estimates rising over recent quarters
Get the Full CGNX Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →