JP Morgan has initiated coverage on Cognex Corp (CGNX) with a Neutral rating, effective September 14, 2025. This marks the firm's first assessment of the company, which specializes in machine vision products and solutions aimed at enhancing efficiency and quality across various industrial sectors.
Cognex, headquartered in Natick, Massachusetts, operates primarily in the electrical equipment industry and employs 2,914 full-time staff. The company has a market capitalization of $6.2 billion, a price-to-earnings ratio (P/E) of 56.17, and earnings per share (EPS) of 0.65.
Upcoming earnings reports are scheduled for July 28, 2026, with an EPS estimate of $0.31 and revenue expectation of $274.0 million. In its recent earnings performance, Cognex reported an EPS of $0.33 for Q3 2025, exceeding estimates by 11.9%.
Analyst consensus currently stands at 5 Strong Buy, 14 Buy, 9 Hold, 1 Sell, and no Strong Sell ratings, reflecting a general favorable outlook among analysts. The announcement highlights the ongoing interest in Cognex's market position and growth potential in the machine vision sector.