The EPS miss breaks a consistent beat streak, likely leading to negative price reaction in the short term. Watch for potential guidance revision in upcoming 8-K or next quarterly filing; if Q3 2026 consensus ($0.53) is maintained, this may be a one-quarter hiccup, but the miss warrants caution until fundamental trajectory is clarified.
Price Chart
Executive Summary
Cognex (CGNX) reported Q2 2026 EPS of $0.45, a 12.9% miss versus the $0.52 consensus, signaling weaker-than-expected profitability despite management's upcoming presentation at a Morgan Stanley conference. The EPS miss is the first below-consensus print in at least four quarters, breaking a streak of consistent beats, which may pressure near-term sentiment for the stock.
Key Financial Metrics
Key Facts
- Q2 2026 EPS: $0.45 vs consensus $0.52 (12.9% miss)
- Revenue: $313.3M (consensus), no actual revenue reported exceeding estimate — likely in-line or miss
- First EPS miss in at least four consecutive quarters (prior quarters saw beats of +7% to +45%)
- CFO participating in a fireside chat at Morgan Stanley conference — no material new information expected
- Market cap: $10.1B; institutional ownership concentrated with BlackRock, Vanguard, Invesco
Financial Impact
EPS miss of $0.07 vs consensus, approximately $0.07 per share or ~$7.6M at ~108M diluted shares — material given Cognex's earnings history of consistent beats
Risk Factors
- Downside risk from further EPS or revenue misses if industrial demand weakens
- Conference participation provides no new financial data — no catalyst to reverse negative sentiment
- Possible downward revision to Q3 guidance if backlog or orders decline
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302866210 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | Press Release | $59.71 $62.22 | ▼ −4.21% | ▼ −4.36% | $64.97 (−8.81%) |
Aug 5, 2026 8w ago | Press Release | $67.38 $60.79 | ▼ −9.78% | ▼ −10.38% | $64.97 (−3.58%) |
Aug 5, 2026 8w ago | Institutional Cluster | $70.71 $59.94 | ▼ −15.23% | ▼ −14.63% | $64.97 (−8.12%) |
Jul 16, 2026 11w ago | Press Release | $63.89 $61.59 | ▼ −3.60% | ▼ −7.22% | $64.97 (+1.69%) |
May 11, 2026 20w ago | Insider Cluster | $66.90 $61.32 | ▼ −8.34% | ▼ −8.03% | $64.97 (−2.88%) |
May 6, 2026 21w ago | 8-K | $65.74 $66.06 | ▲ +0.49% | ▼ −2.64% | $64.97 (−1.17%) |
Mar 13, 2026 29w ago | DEFA14A | $47.96 $54.18 | ▲ +12.97% | ▲ +9.38% | $64.97 (+35.48%) |
Feb 23, 2026 31w ago | Insider Cluster | $56.43 $50.63 | ▲ +10.28% | ▲ +6.33% | $64.97 (−15.14%) |
Feb 17, 2026 32w ago | Insider Cluster | $56.93 $50.11 | ▼ −11.98% | ▼ −10.24% | $64.97 (+14.13%) |
US Market Status
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