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Research Alert: CFRA Maintains Buy Opinion On Shares Of Cognex Corporation
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Research Alert: CFRA Maintains Buy Opinion On Shares Of Cognex Corporation
Mar 11, 2026 4:09 AM

12:30 PM EST, 02/13/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target to $66 from $49, shifting to a P/E of 45x our 2027 EPS view, slightly below its three-year historical average of 47x. We trim our 2026 EPS view to $1.16 from $1.26 and start 2027's at $1.47. We maintain our Buy rating with a premium multiple, justified by what we see as a genuine inflection in CGNX's earnings power. The return to profitable growth (8% CC revenue growth and 38% adjusted EPS growth in 2025) marks a turning point after years of margin compression. We believe $35M-$40M in incremental annualized cost savings plus pruning ~$22M in low-margin revenue creates a credible path to 25% adjusted EBITDA margins exiting 2026. More importantly, the salesforce transformation (3x new customer acquisition in 2025) is an underappreciated catalyst that should sustain above-market growth through cycle. With logistics, CE, and packaging trending positively and automotive bottoming, we see a favorable setup for sustained double-digit EPS growth supporting a premium valuation.

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