CGNX Stock Recent News

NATICK, Ma. , Oct. 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the third quarter of 2024 on Wednesday, October 30, 2024, after market close.

The vision sensor market size is projected to reach US$ 8.33 billion by 2030 from US$ 3.28 billion in 2022 to register a CAGR of 12.4% in 2022–2030. The vision sensor market size is projected to reach US$ 8.33 billion by 2030 from US$ 3.28 billion in 2022 to register a CAGR of 12.4% in 2022–2030.

Nvidia has become a battleground stock, but its competitive position in AI remains incredibly strong. Cognex's end markets are weak in 2024, but the company's best days lie ahead.

Investors need to pay close attention to Cognex (CGNX) stock based on the movements in the options market lately.

Automotive and consumer discretionary spending remain weak in 2024. Cognex's cyclical recovery in logistics and semiconductors this year points the way to the recovery path for its other major end markets.

Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The "Inspection Machines - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Inspection Machines was estimated at US$718.3 Million in 2023 and is projected to reach US$999.2 Million by 2030, growing at a CAGR of 4.8% from 2023 to 2030. Inspection machines have become an integral part of quality control processes across various industries, ensuring that products meet stringent regulatory standards and customer expectations. These machines are used to detect defects, contaminants, and inconsistencies in products during manufacturing, packaging, and before shipment. Industries such as pharmaceuticals, food and beverage, electronics, and automotive rely heavily on inspection machines to maintain high-quality standards, reduce waste, and minimize the risk of recalls.

Now could be a great time for investors to consider the best robotics stocks to buy in August. I wrote around a month ago that there could be record volatility in the market.

Tesla is shooting for the stars. Cognex is looking like an excellent value for long-term investors.

Weak market conditions are driving an ongoing slowdown in Cognex's business. AI is a focus area for Cognex at the moment, but the challenging demand environment means that current investments will likely take time to pay off. Cognex's margins will recover, and AI-enabled products should ensure robust growth for many years to come.

New AI tool simplifies counting inspections for manufacturers across all industries NATICK, Mass. , Aug. 6, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, expanded the capabilities of its In-Sight SnAPP™ vision sensor with the launch of an AI-enabled counting tool.