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Stock Comparison · Structural lead, mixed market

Cognex vs QUALCOMM: Which Stock Looks Stronger in 2026?

Cognex holds the cleaner structural position, with the lead spread across growth and valuation. QUALCOMM still has the edge on valuation, which keeps the comparison from looking entirely one-sided. On the market side, Cognex is in better shape — its trend is intact while QUALCOMM's trend has broken down. That puts structure and market broadly in agreement — Cognex's lead looks more confirmed than conflicted.

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 2026-08-16

The clearest separation starts in growth, with profitability adding a second layer of support. Cognex Corporation leads by 8 points on the overall comparison score.

Trajectory Similarity
0.66
Moderately similar
Peer-set rank: #11
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
49
Peer-Score
Signal qualityMedium
Peer basis: Russell 1000
vs
QCOM
QUALCOMM Incorporated
41
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 58 22 Stability 40 39 Valuation 26 85 Growth 81 4 CGNX QCOM
Gap Ranking
#1 Growth +77
#2 Valuation +59
#3 Profitability +36
#4 Stability +1
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

Cognex Corporation is stronger, but the price setup still looks more supportive for 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 6 pct gap QCOM Elevated · above norm 0th 50th 100th 88th 82nd
CGNX (88th percentile) and QCOM (82nd percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

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

Relative Position vs Comparable Companies
Growth
Cognex Corporation ranks near the top of the group on growth; QUALCOMM Incorporated sits in the weaker half.
Valuation
The same broad pattern appears on valuation: QUALCOMM Incorporated ranks near the top of the group, while Cognex Corporation stays in the weaker half.
Growth — Dominant Gap
CGNX
81
QCOM
4
Gap+77in favour of CGNX

One company is still expanding while the other is contracting, which creates a very wide growth split.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for QUALCOMM, with a forward P/E that is 23.4 turns lower there.

What this means for the comparison

The growth lead is clear, but pricing and valuation 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.