Cognex (CGNX): Machine Vision, The Eyes of the Factory | Jul 23, 2026
Cognex (NASDAQ: CGNX) sits at Layer 1 of the robotics stack — perception and sensing. It's the machine-vision pioneer whose cameras and software let factories, warehouses and robots see, read barcodes, inspect for defects, and guide robot arms to the right part. In this casual-investor deep dive, Elena and Theo unpack why Cognex has been the best-performing major robotics stock of the last six months. The bull case is quality you rarely find in robotics: 24% revenue growth to $268 million last quarter, a seventh straight quarter of margin expansion, ~71% gross margins, $52 million of…
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