"Cognex ( NASDAQ:CGNX) is the global leader in industrial machine vision, the technology that gives robots eyes. With over 30,000 customers across factory automation and logistics, its systems enable everything from quality inspection to warehouse picking. The stock has surged 32% since its February 11th close and 58% year-to-date after Q4 results crushed expectations. Revenue of $252.34 million beat estimates of $238.9, but adjusted EPS of $0.27 crushed the $0.22 consensus."
"The robotics trade is heating up as AI makes machines dramatically more capable. Industrial automation is accelerating across manufacturing and logistics as labor shortages persist and AI-driven vision systems enable robots to handle increasingly complex tasks. The companies building the test equipment and machine vision systems that make this automation possible are posting growth that suggests we're still early in this cycle."
AI-driven advancements are accelerating industrial automation across manufacturing and logistics, increasing demand for machine vision and test equipment. Cognex leads industrial machine vision with over 30,000 customers, enabling quality inspection and warehouse picking. Q4 revenue of $252.34 million beat estimates, and adjusted EPS of $0.27 exceeded consensus. Adjusted EBITDA margin reached 22.7%, up 420 basis points year-over-year, marking six consecutive quarters of margin expansion and reaching a 20% EBITDA milestone ahead of plan. The stock has rallied significantly year-to-date, attracting renewed analyst attention as investors seek robotics exposure beyond mega-cap names.
Read at 24/7 Wall St.
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