With a market cap of $8.3 billion, Cognex Corporation (NASDAQ: CGNX) is not a small-cap company. As the leader in machine vision, Cognex's strategic aim is to grow into a served market (estimated as being worth $4.2 billion in 2018) that management sees as growing at a 12% annual rate. The good news from 2022 is Cognex is achieving many of its strategic aims; the bad news is almost everything seems to be working against the company right now.
One thing we could say about the analysts on Cognex Corporation ( NASDAQ:CGNX ) - they aren't optimistic, having just...
Cognex (CGNX) second-quarter 2022 results reflect by losses incurred due to damage by fire at Cognex's primary contract manufacturer's factory in Indonesia.