Home Compare CGNX vs QCOM
Stock Comparison · Structural lead, mixed market

Cognex vs QUALCOMM: Which Stock Looks Stronger in 2026?

QUALCOMM holds the cleaner structural position, with valuation as the main driver and growth adding further support. Cognex still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-05-17

The clearest score difference appears in valuation. QUALCOMM Incorporated leads by 20 points on the overall comparison score.

Trajectory Similarity
0.66
Moderately similar
Peer-set rank: #10
within Cognex Corporation's functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

The pair shares a valid long-term profile match, but the trajectories are not especially close.

Most of the shared profile comes through revenue growth trajectory and investment intensity.

Similarity drivers
revenue growth trajectoryinvestment intensity
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
CGNX
Cognex Corporation
30
Peer-Score
Signal qualityMedium
Peer basis: Russell 1000
vs
QCOM
QUALCOMM Incorporated
50
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: CGNX vs QCOM Profitability 9 27 Stability 22 36 Valuation 23 84 Growth 82 46 CGNX QCOM
Gap Ranking
#1 Valuation +61
#2 Growth +36
#3 Profitability +18
#4 Stability +14
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for CGNX and QCOM Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer CGNXQCOM Relative valuation Structural strength

QUALCOMM Incorporated and Cognex Corporation look relatively close on structure, but the price setup still leans toward QUALCOMM Incorporated.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where CGNX and QCOM each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY CGNX Elevated · above norm 0th 50th 100th 15 pct gap QCOM Elevated · above norm 0th 50th 100th 83rd 98th
Today CGNX sits in the upper portion of its own 5-year history (83rd percentile), while QCOM sits higher in its own history (98th). Within each stock's own 5-year context, CGNX is at a historically more favourable entry position than QCOM. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
QUALCOMM Incorporated ranks near the top of the group on valuation; Cognex Corporation sits in the weaker half.
Growth
On growth, the same pattern holds: both are strong, but Cognex Corporation still leads clearly.
Valuation — Dominant Gap
CGNX
23
QCOM
84
Gap+61in favour of QCOM

The multiple-based pricing edge comes from a forward P/E that is 20.6 turns lower.

What keeps the gap from being one-sided

Cognex still pushes back on growth, with a 28-point revenue-growth advantage that keeps the read from becoming one-way.

What this means for the comparison

The valuation lead is clear, but pricing and growth still pull in the other direction — the result holds, but not without friction.

Explore full peer positioning in AssetNext

Break down the CGNX vs QCOM comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how CGNX and QCOM each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.