CognexNASDAQ: CGNX

NATICK, Mass. , Nov. 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that Rob Willett, President and Chief Executive Officer of Cognex, will present at the Baird 2024 Global Industrial Conference on Thursday, November 14, 2024, beginning at 10:05 a.m.

Cognex's emerging customer initiative and Moritex acquisition are driving growth, but the core business continues to struggle, with automotive an area of particular weakness. While end markets like logistics and semis are bright spots, I expect macro headwinds to persist, delaying a return to strong growth. Pricing pressure and investments in future growth are also likely to weigh on margins in the short term, but this isn't concerning given Cognex's track record of profitable growth.

Cognex Corporation (CGNX) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.16 per share a year ago.

NATICK, Mass. , Oct. 30, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the third quarter of 2024.

Relatively high interest rates are negatively impacting automation and robotics end markets. But over time, automation should increase thanks to improved productivity, cost, quality, and analytics.

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.