Trading at $56.47: CGNX Cognex Corporation NASDAQ 24 Feb 2026, AI tailwinds next

We see CGNX stock trading at $56.47 pre-market on NASDAQ as investors weigh strong revenue beats and a stretched valuation. Cognex Corporation reported a recent quarter with EPS $0.68 and revenue momentum, but the stock trades at a high P/E 83.04. We examine earnings drivers, AI automation demand, valuation metrics, and short- to medium-term forecasts to frame risk and reward for U.S. investors.