Added to YB: 2025-02-21
Pitch date: 2025-01-05
CGNX [bullish]
Cognex Corporation
+53.59%
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
$9.5B
Pitch Price
$36.42
Price Target
100.00 (+79%)
Dividend
0.60%
EV/EBITDA
44.15
P/E
83.96
EV/Sales
9.25
Sector
Electronic Equipment, Instruments and Components
Category
growth
Cognex Corporation - $CGNX
CGNX: Leader in $6.5B+ machine vision market. Secular automation growth, end markets bottoming. Apple/Amazon rebound 10%+ tailwind. ECI expanding TAM 3x+. Margins to improve from 16.4% to 40%+. $2+ EPS by 2026 vs Street $1.32. 35x = $70+. Downside $24. Risks: competition, pricing, macro.
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