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Cohu Inc (COHU)
NASDAQ:COHU
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Cohu (COHU) Price & Analysis

1,346 Followers

COHU Stock Chart & Stats

$41.26
-$1.49(-5.48%)
At close: 4:00 PM EST
$41.26
-$1.49(-5.48%)

Bulls Say, Bears Say

Bulls Say
High Recurring Revenue & Robust Gross MarginsA 60% recurring revenue mix and mid-40% gross margin guidance indicate a structurally higher-margin base (consumables, service). This recurring stream smooths cyclicality from systems sales, supports consistent cash generation and margin resilience as systems scale over the next 2–6 months.
Large, Diversified HPC Order PipelineA ~$750M HPC pipeline spread across 12 customers (several in qualification) provides multi-quarter to multi-year revenue opportunity. This structural demand for HPC/test handlers underpins durable revenue growth if qualification converts, reducing reliance on spot system cycles.
Improved Cash Generation And Liquidity PositionNearly $489M in cash and positive operating cash flow (TTM improvement) provide a multi-quarter liquidity buffer to invest in capacity, fund ramp costs, and absorb cyclical dips. Strong liquidity supports execution on large HPC/inspection opportunities without immediate refinancing risk.
Bears Say
Ongoing Net Losses And Compressed ProfitabilityDespite revenue improvement, the company remains unprofitable on a TTM basis with compressed margins versus prior profitable years. Sustained profitability will require consistent conversion of higher-margin recurring sales and pipeline wins; lingering losses heighten execution risk.
Significant Convertible Debt And Capital Structure ComplexityA large convertible issuance materially alters leverage and potential dilution, complicating capital allocation. Convertible conversion or refinancing could increase share count or constrain strategic flexibility, weighing on long-term returns and investor alignment if earnings do not quickly normalize.
Pipeline Conversion Timing And Capacity ConstraintsMulti-stage customer qualifications, ~14-week handler cycle times, and supply chokepoints (thermal heads) mean revenue realization is lumpy and may slip. Capacity expansion needs hiring/plant changes, so delays or ramp inefficiencies can compress margins and defer expected cash flows.

Cohu News

COHU FAQ

What was Cohu Inc’s price range in the past 12 months?
Cohu Inc lowest stock price was $17.80 and its highest was $74.60 in the past 12 months.
    What is Cohu Inc’s market cap?
    Cohu Inc’s market cap is $2.41B.
      When is Cohu Inc’s upcoming earnings report date?
      Cohu Inc’s upcoming earnings report date is Jul 30, 2026 which is in 10 days.
        How were Cohu Inc’s earnings last quarter?
        Cohu Inc released its earnings results on Apr 30, 2026. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.032 by -$0.022.
          Is Cohu Inc overvalued?
          According to Wall Street analysts Cohu Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Cohu Inc pay dividends?
            Cohu Inc pays a Quarterly dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Cohu Inc dividends here
              What is Cohu Inc’s EPS estimate?
              Cohu Inc’s EPS estimate is 0.14.
                How many shares outstanding does Cohu Inc have?
                Cohu Inc has 47,175,346 shares outstanding.
                  What happened to Cohu Inc’s price movement after its last earnings report?
                  Cohu Inc reported an EPS of $0.01 in its last earnings report, missing expectations of $0.032. Following the earnings report the stock price went down -3.717%.
                    Which hedge fund is a major shareholder of Cohu Inc?
                    Currently, no hedge funds are holding shares in COHU
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Cohu Inc

                      Cohu, Inc. stands as a prominent global provider of advanced semiconductor test equipment and comprehensive associated services. Operating through its various subsidiaries, the company extends its reach across key international markets including China, the United States, Taiwan, Malaysia, and the Philippines. Its diverse product portfolio caters to semiconductor and electronics manufacturers, as well as test subcontractors, encompassing crucial equipment such as automated test equipment (ATE) for both wafer-level and device package testing, and a wide array of test and inspection handlers. These handlers include specialized pick-and-place, turret, gravity, strip, and advanced micro-electromechanical system (MEMS) and thermal sub-systems. Cohu also offers vital interface components like test contactors, probe heads, and pins. Beyond hardware, Cohu delivers extensive post-sales support, including spare parts and kits, robust parts and labor warranties for its systems and instruments, and essential training for system maintenance and operation. The company further provides application and data management software, alongside expert consulting services related to its product offerings. A significant technological offering is the DI-Core data analytics product suite. This sophisticated software is engineered to optimize the performance of Cohu equipment, facilitating real-time online monitoring and precise process control. Cohu distributes its solutions through a combination of its direct sales force and a network of independent sales representatives. Established in 1947, the company originally operated as Cohu Electronics, Inc. before adopting its current name, Cohu, Inc., in 1972. Its corporate headquarters are located in Poway, California.

                      Cohu (COHU) Earnings & Revenues

                      COHU Stock 12 Month Forecast

                      Average Price Target

                      $63.38
                      ▲(53.60% Upside)
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6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":24,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":23.27,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n          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                      Ownership Overview

                      4.70%31.53%0.06%35.01%
                      0.06% Other Institutional Investors
                      35.01% Public Companies and Individual Investors
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