Latest news with #CognexCorporation
Yahoo
01-08-2025
- Business
- Yahoo
Cognex (CGNX) Bounces Back 20.7% as Earnings, Outlook Impress
We recently published . Cognex Corporation (NASDAQ:CGNX) is one of the best-performing stocks on Thursday. Cognex Corp. rebounded by 20.76 percent on Thursday to finish at $40.77 apiece after reporting impressive earnings in the past quarter and raising its growth outlook for the third quarter of the year. In its financial statement, Cognex Corporation (NASDAQ:CGNX) said net income in the second quarter increased by 12 percent to $40.5 million from $36.2 million in the same period last year, while revenues grew by 4 percent to $249 million from $239 million year-on-year. Copyright: franckito / 123RF Stock Photo Net profit in the first half rose by 33 percent to $64 million from $48 million, while revenues inched up by 3 percent to $465 million from $450 million. For the current quarter, Cognex Corporation (NASDAQ:CGNX) said it targets to grow its revenues by 9 percent to a range of $245 million to $265 million, versus the $235 million actual revenue in the same period last year. Adjusted EPS was also pegged at $0.24 to $0.29, or 35 percent higher year-on-year. Meanwhile, Cognex Corporation (NASDAQ:CGNX) is also set to distribute a quarterly cash dividend worth $0.08 to shareholders as of August 14 record. The dividends will be payable on August 28, 2025. While we acknowledge the potential of CGNX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-07-2025
- Business
- Yahoo
Citi Raises Cognex (CGNX) Price Target, Maintains Neutral Rating
Cognex Corporation (NASDAQ:CGNX) is one of the Best Industrial Automation Stocks to Buy for the Next Decade. Citi has increased its price target on Cognex Corporation (NASDAQ:CGNX) to $37 from $30 while maintaining a Neutral rating, citing cautious optimism heading into the second-quarter earnings season for industrial conglomerates. A worker utilizing a vision sensor to verify discrete items. In a note to clients, the firm stated that most companies in the sector are likely to post steady results, with modest upward revisions to their 2025 earnings guidance. Cognex, known for its machine vision systems, is expected to benefit from stabilizing demand trends and improving order visibility in the second half of the year. While Citi stopped short of a bullish upgrade, analysts acknowledged that Cognex is better positioned than it was earlier in the cycle, following several quarters of subdued performance. Demand in key verticals, including electronics, automotive, and logistics, has shown signs of gradual recovery. Cognex has made strategic investments in high-performance image processing and 3D vision technologies, which are increasingly critical in modern manufacturing environments. These capabilities support quality control and precision automation, areas that continue to gain traction globally amid labor constraints and digital transformation initiatives. The revised price target reflects Citi's view that near-term headwinds are softening and that Cognex could see a more constructive environment going into 2025. Cognex powers industrial automation through advanced machine vision and barcode reading systems used in precision manufacturing, logistics, and quality control. While we acknowledge the potential of CGNX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Non-Mega Cap NASDAQ Stocks to Buy Right Now and 13 Cheap Stocks Under $50 to Buy Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Korea Herald
09-06-2025
- Business
- Korea Herald
Cognex Introduces OneVision: A Breakthrough Cloud Platform for AI-Powered Machine Vision
New Training Environment Delivers Scalable Automation and Solves Key Barriers to Industrial AI Adoption NATICK, Mass., June 10, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, today announced the upcoming full launch of OneVision ™, a cloud-based platform that will transform how manufacturers build, train, and scale AI-powered vision manufacturers build, train, and scale AI-powered vision applications. "OneVision is the result of nearly a decade of industrial AI innovation at Cognex. By combining our advanced AI technology with excellent customer experience, we continue to unlock new possibilities for our customers," said Carl Gerst, Executive Vice President of Vision and ID Products at Cognex. "We're simplifying the entire application development process; helping our customers move faster, scale more efficiently, and maximize the value of their automation investments." Designed for the demands of global manufacturing, OneVision tackles the most common barriers to wide-scale deployment of AI-powered machine vision: With the OneVision software platform, Cognex expands its industry-leading portfolio of machine vision products, unlocking new applications, accelerating AI adoption, and allowing users to solve complex vision tasks faster, more reliably, and at scale. OneVision is currently available to select customers on the In-Sight® 3800 and 8900 vision systems and will be released on additional Cognex products in early 2026. and will be released on additional Cognex products in early 2026. About Cognex Corporation For over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to get faster, smarter, and more efficient through automation. Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance for industries from automotive to consumer electronics to packaged goods. Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise. We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide. Learn more at
Yahoo
09-06-2025
- Business
- Yahoo
Cognex Introduces OneVision: A Breakthrough Cloud Platform for AI-Powered Machine Vision
New Training Environment Delivers Scalable Automation and Solves Key Barriers to Industrial AI Adoption NATICK, Mass., June 10, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, today announced the upcoming full launch of OneVision™, a cloud-based platform that will transform how manufacturers build, train, and scale AI-powered vision manufacturers build, train, and scale AI-powered vision applications. "OneVision is the result of nearly a decade of industrial AI innovation at Cognex. By combining our advanced AI technology with excellent customer experience, we continue to unlock new possibilities for our customers," said Carl Gerst, Executive Vice President of Vision and ID Products at Cognex. "We're simplifying the entire application development process; helping our customers move faster, scale more efficiently, and maximize the value of their automation investments." Designed for the demands of global manufacturing, OneVision tackles the most common barriers to wide-scale deployment of AI-powered machine vision: Long development cycles and steep learning curves: An intuitive interface with guided workflows allows teams of all skill levels to shorten setup time from months to minutes. Expensive infrastructure investments: Cloud-based delivery eliminates the need for additional hardware, lowering upfront costs and maximizing ROI. Lack of integration and disconnected operations: A unified platform brings tools, data, and workflows together to streamline collaboration, leverage shared work, and accelerate deployment across devices, lines, and locations. Inconsistent performance across sites: Centralized development combined with local customization ensures standardization while providing flexibility for site-specific requirements. With the OneVision software platform, Cognex expands its industry-leading portfolio of machine vision products, unlocking new applications, accelerating AI adoption, and allowing users to solve complex vision tasks faster, more reliably, and at scale. OneVision is currently available to select customers on the In-Sight® 3800 and 8900 vision systems and will be released on additional Cognex products in early 2026. and will be released on additional Cognex products in early 2026. About Cognex Corporation For over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to get faster, smarter, and more efficient through automation. Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance for industries from automotive to consumer electronics to packaged goods. Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise. We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide. Learn more at IR ContactGreer AvivHead of Investor RelationsCognex Corporationir@ Media ContactJeremy SaccoSenior Manager, Global Content MarketingCognex Corporationpr@ SOURCE Cognex Corporation Sign in to access your portfolio
Cision Canada
09-06-2025
- Business
- Cision Canada
Cognex Introduces OneVision: A Breakthrough Cloud Platform for AI-Powered Machine Vision
New Training Environment Delivers Scalable Automation and Solves Key Barriers to Industrial AI Adoption NATICK, Mass., June 9, 2025 /CNW/ -- Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, today announced the upcoming full launch of OneVision ™, a cloud-based platform that will transform how manufacturers build, train, and scale AI-powered vision manufacturers build, train, and scale AI-powered vision applications. "OneVision is the result of nearly a decade of industrial AI innovation at Cognex. By combining our advanced AI technology with excellent customer experience, we continue to unlock new possibilities for our customers," said Carl Gerst, Executive Vice President of Vision and ID Products at Cognex. "We're simplifying the entire application development process; helping our customers move faster, scale more efficiently, and maximize the value of their automation investments." Designed for the demands of global manufacturing, OneVision tackles the most common barriers to wide-scale deployment of AI-powered machine vision: Long development cycles and steep learning curves: An intuitive interface with guided workflows allows teams of all skill levels to shorten setup time from months to minutes. Expensive infrastructure investments: Cloud-based delivery eliminates the need for additional hardware, lowering upfront costs and maximizing ROI. Lack of integration and disconnected operations: A unified platform brings tools, data, and workflows together to streamline collaboration, leverage shared work, and accelerate deployment across devices, lines, and locations. Inconsistent performance across sites: Centralized development combined with local customization ensures standardization while providing flexibility for site-specific requirements. With the OneVision software platform, Cognex expands its industry-leading portfolio of machine vision products, unlocking new applications, accelerating AI adoption, and allowing users to solve complex vision tasks faster, more reliably, and at scale. OneVision is currently available to select customers on the In-Sight® 3800 and 8900 vision systems and will be released on additional Cognex products in early 2026. and will be released on additional Cognex products in early 2026. About Cognex Corporation For over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to get faster, smarter, and more efficient through automation. Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance for industries from automotive to consumer electronics to packaged goods. Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise. We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide. Learn more at IR Contact Greer Aviv Head of Investor Relations Cognex Corporation [email protected] Media Contact Jeremy Sacco Senior Manager, Global Content Marketing Cognex Corporation [email protected]
