$56.27+0.59% today
AI Take · AlgoThesis
Cognex trades at a staggering 81.6x earnings—nearly triple the typical tech multiple—yet sits comfortably at RSI 61.5, suggesting room to run before overbought extremes. With only 3.31% short interest and market cap of $8.9B, the stock displays minimal squeeze dynamics. The premium valuation implies the market is pricing in substantial future growth, leaving little margin for error on execution. At current levels, the stock appears vulnerable to any disappointment, though the subdued short positioning indicates skepticism may already be priced in rather than concentrated.
Snapshot
Market cap
$8.9B
P/E
81.6
Forward P/E
45.0
EPS (TTM)
$0.68
Dividend yield
0.61%
Net margin
11.5%
ROE
7.7%
RSI (14)
62
Beta
1.58
Short % of float
3.3%
Days to cover
2.8
52w high
20d high
Recent headlines
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