Cohu, Inc. COHU

67.00 3.30 5.18% as of 25 Sep
Market cap
$3.0B
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 9.63
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — 2 1 1 7 1 1 4 1
Insider Ownership 3.74%

Capital & Financial Ratios

Market Cap 3,030.00
Revenue 522.60
Net Income (38.82)
Free Cash Flow 35.39
Net Debt (201.94)
Current Ratio 5.74
Debt/Equity 0.38
P/E ratio 0.00
P/S ratio 6.08
P/B ratio 4.10
Past 5Y EPS Growth 2.55%
This Y EPS Growth 531.82%
Next Y EPS Growth 94.34%
Next 5Y EPS Growth (5.43%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 0.06
0.06
2019 0.24
0.06
0.06
0.06
0.06
2018 0.24
0.06
0.06
0.06
0.06
2017 0.24
0.06
0.06
0.06
0.06
2016 0.24
0.06
0.06
0.06
0.06
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 336 262 484 498
Receivables 125 111 113 123
Inventory 156 142 129 140
Other 5 19 28 6
639 534 750 789
2023 2024 2025 Q'26
Payables 34 31 41 62
ST’ Debt 6 2 11 11
Other 5 3 3 5
103 85 109 137
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 5.32% (6.56%) (17.71%)
Cash Flow 3.97% (8.67%) (34.52%)
Earnings 0.00% 0.00% 0.00%
Book Value 12.68% 8.93% (5.43%)

Revenue

Mar Jun Sep Dec Year
’26 125 149 — — —
’25 97 108 126 122 453
’24 108 105 95 94 402
’23 179 169 151 137 636
’22 198 217 207 191 813
’21 225 245 225 192 887
’20 139 144 151 202 636
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 10 10 — — —
’25 (10) 16 (14) 40 32
’24 (14) 1 17 (2) 3
’23 16 53 29 3 101
’22 2 44 39 28 113
’21 6 30 34 28 98
’20 18 (5) 15 22 50
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 8 8 — — —
’25 (21) 13 (18) 37 11
’24 (17) (1) 15 (5) (8)
’23 12 50 25 (1) 86
’22 (1) 41 35 24 98
’21 4 27 31 25 86
’20 16 (8) 24 17 48
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.26) 0.00 — — —
’25 (0.66) (0.36) (0.09) (0.48) (1.59)
’24 (0.31) (0.34) (0.39) (0.46) (1.49)
’23 0.33 0.22 0.08 (0.04) 0.59
’22 0.44 0.59 0.51 0.45 1.98
’21 0.61 1.92 0.48 0.42 3.45
’20 (0.42) (0.11) (0.16) 0.34 (0.33)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
10.01 12.64 14.08 11.37 8.89 29.00 24.06 29.07 22.80 12.57

Analyst estimates 2026–2028

Powerpack
Low Price
14.43 26.17 27.83 23.03 41.00 51.86 39.86 43.99 36.60 28.03
High Price
1,800 1,800 3,500 3,200 3,250 3,240 3,218 3,259 3,024 2,857
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
282 353 452 583 636 887 813 636 402 453
Revenue
35.45% 40.66% 35.26% 39.40% 42.73% 43.62% 47.16% 47.60% 44.87% 42.75%
Gross Margin
6 35 (32) (72) (13) 192 127 46 (65) (62)
EBT
2.13% 10.03% (7.06%) (12.36%) (2.07%) 21.68% 15.59% 7.20% (16.16%) (13.78%)
EBT Margin
3 33 (32) (70) (14) 167 97 28 (70) (74)
Net Income
10 11 50 68 55 51 48 53 55 54
Depreciation
10.58 12.67 14.22 14.17 15.20 18.71 16.87 13.40 8.57 9.69
Revenue/Sh
0.11 1.18 (1.01) (1.69) (0.33) 3.53 2.01 0.59 (1.49) (1.59)
Earnings/Sh
0.92 1.43 1.08 0.42 1.19 2.07 2.34 2.14 0.06 0.68
Cash Flow/Sh
(0.10) (0.22) (0.12) (0.39) (0.04) (0.25) (0.30) (0.33) (0.22) (0.44)
Capex/Sh
0.82 1.21 0.96 0.03 1.15 1.82 2.04 1.80 (0.17) 0.24
Free CF/Sh
8.83 10.39 17.18 11.74 12.24 18.61 19.28 20.01 18.27 16.81
Book Value/Sh
27 28 32 41 42 47 48 47 47 47
Shares
118.51 19.13 0.00 0.00 0.00 10.85 15.79 58.66 0.00 0.00
PE Ratio
1.31 1.78 1.13 1.61 2.51 2.04 1.88 2.58 3.12 2.40
PS Ratio
1.57 2.17 0.94 1.95 3.12 2.05 1.65 1.73 1.46 1.38
PB Ratio
0.85 1.37 1.55 1.95 2.75 1.74 1.50 2.12 2.49 1.99
EV/Sales
10.95 14.27 22.92 1,097.90 36.23 17.93 12.41 15.75 (128.94) 80.03
EV/FCF
25 40 34 17 50 98 113 101 3 32
Op' Cash Flow
(3) (6) (4) (16) (2) (12) (14) (16) (11) (20)
Capex
22 34 30 1 48 86 98 86 (8) 11
FCF
176 212 325 291 311 558 604 535 449 641
Working Cap'
— 9 353 353 320 118 79 41 9 296
Total Debt
(128) (147) 188 197 150 (262) (307) (295) (253) (188)
Net Debt
235 289 546 483 512 883 929 950 857 786
Sh' Equity
0.88% 8.58% (4.14%) (6.30%) (1.27%) 14.24% 7.79% 2.37% (6.50%) (6.62%)
ROA
1.77% 16.55% (2.54%) (4.81%) 0.31% 20.30% 12.61% 4.13% (7.42%) (7.30%)
ROIC
1.28% 12.52% (7.71%) (13.55%) (2.77%) 23.99% 10.69% 3.00% (7.73%) (9.04%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Cohu, Inc. (COHU) key facts

  • Cohu, Inc. (COHU) is a Semiconductor Equipment & Materials company in the Technology sector, listed on Nasdaq.
  • Cohu, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $453.0 million, up 12.7% from fiscal 2024.
  • Cohu, Inc. reported a net loss of $74.3 million, or a loss of $1.59 per share, for fiscal 2025.
  • As of September 25, 2026, COHU traded at $67.00, a market capitalization of $3.0 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 6.1× sales.
  • Return on equity was −9.04% and debt-to-equity 0.38.

Source: company filings (standardised) and stockrow calculations.

Cohu, Inc. (COHU) Latest News

News by impact score

Fine-tune

23 Sep

3

COHU CEO Luis A. Muller sold 55,794 shares on Sept. 21, 2026 for about $3.3 million, cutting his direct stake by 6% to 871,825 shares. The post-transaction holding includes 508,101 restricted stock units that will vest into common stock. The sale was made under a Rule 10b5-1 trading plan adopted May 28, 2026, designed to prearrange trades. At the time, the stock traded around $60 per share (close $60.62 on the day); the shares had gained about 169% over the previous year. As of Sept. 22, the share price stood at $64.54, giving Cohu a market cap of roughly $3.2 billion. Cohu posted TTM revenue of about $523 million with a net loss near $39 million; revenue rose about 33% year over year, and the company narrowed its annual loss on a same-basis comparison from $70 million in 2025. A 6% stake disposal under a preplanned 10b5-1 schedule is modest and unlikely to change overall investor sentiment.

3 Aug

3 transcript

Cohu Inc. released its Q2 2026 earnings call transcript detailing quarterly financial results, operational metrics and forward guidance. Quarterly earnings details and guidance typically produce moderate short-term share-price movement without shifting long-term strategic trajectory.

2 Aug

3

Cohu shares drop 5.3% even as strong HPC test demand narrows losses and leads to raised guidance. Raised guidance from stronger demand indicates moderately noticeable effects on near-term financial outlook.

3

Cohu reports earnings and issues Q3 sales guidance, triggering a new valuation test for the stock. Earnings results and forward sales guidance typically produce moderate shifts in valuation and near-term market sentiment.

31 Jul

4

Cohu, Inc. beat Q2 earnings estimates due to AI compute demand and favorable product mix. Q2 earnings beat tied to AI compute demand signals major positive shift in revenue trajectory and investor outlook.

4

Cohu Inc's Q2 2026 earnings call showed HPC pipeline surging to $850M with updates on core business performance. HPC pipeline growth to $850M signals major expansion opportunity in high-performance computing sector.

30 Jul

4

Cohu Inc. reported financial results for the second quarter of 2026. Quarterly earnings releases deliver core financial data that directly shape valuation and investor outlook.

3 transcript

Cohu Inc. released its Q2 2026 earnings call transcript covering quarterly financial results, operational updates and forward guidance. Quarterly earnings call delivers financial metrics and guidance that can shift near-term sentiment without redefining long-term strategy.

3 transcript

Cohu, Inc. held Q2 2026 earnings call covering financial results and outlook. Earnings call delivers financial metrics and guidance with moderate effect on near-term stock movement.

3 transcript

Cohu reported Q2 results during its earnings call, detailing revenue, earnings, segment performance, and management guidance on demand trends in semiconductor and automotive markets. Q2 earnings and guidance directly inform near-term financial expectations and investor views on core test and inspection business.

3

Cohu reported Q2 earnings and revenues that exceeded analyst estimates. Earnings beat provides moderate positive signal for near-term stock performance.

29 Jul

3

FORM builds AI testing capacity through Keystone pact. Keystone pact expands FORM AI testing capacity with moderate effects on operations and market position.

16 Jul

3

Wall Street analysts have turned bullish on Cohu Inc. (COHU), an under-the-radar chip stock. Positive analyst coverage can lift near-term investor interest and share price for COHU.

11 Jul

3

Cohu received fresh buy calls after a 50% stock rally over three months, prompting questions on whether shares remain undervalued. Fresh buy calls after a large rally can moderately shift short-term sentiment and valuation views for Cohu.

3

AI hype around Cohu test systems prompts questions on whether it can alter the company's core growth trajectory. AI-related test system developments may moderately affect Cohu positioning but face limits from existing factors.

2 Jul

4

Cohu stock outlook depends on AI growth and profit recovery. AI growth and profit recovery represent major factors that can significantly alter Cohu trajectory and investor sentiment.

3

Cohu, Inc. capitalizes on AI and HBM trends in semiconductors yet faces critical execution challenges that could affect results. AI and HBM exposure may lift Cohu results while execution shortfalls cap upside.

2 Jun

4

Cohu raised its 2026 outlook on expanding AI compute opportunity, driving a 17.1% stock price increase. Raising 2026 outlook tied to AI compute signals major positive shift in company trajectory and investor sentiment.

31 May

4

Cohu Inc. (COHU) stock surges on rising AI-driven semiconductor demand and optimistic 2026 outlook. AI semiconductor demand surge plus strong 2026 forecasts materially lift revenue trajectory and investor sentiment.

12 May

4

Cohu receives multiple orders for testing next-generation GaN power devices targeted at AI data centers. Multiple orders for GaN testing equipment signal Cohu's entry into the high-growth AI data center power sector, boosting revenue potential and market positioning.

11 May

3

FormFactor aims to double revenue by 2030, driven by surging demand for AI chip testing equipment. FormFactor's revenue doubling target signals strong AI chip testing sector growth, moderately boosting Cohu's market opportunities amid competition.

3 May

3

Analysts raised their price target for Cohu, Inc. (NASDAQ:COHU) to US$42.29 following an earnings update. Analyst price target hike signals positive earnings outlook, moderately boosting investor sentiment and potential stock performance.

1 May

4

Cohu Inc. (COHU) reported strong order growth in Q1 2026 earnings call despite market challenges. Strong order growth signals robust demand and potential revenue uplift, significantly boosting future performance outlook amid headwinds.

30 Apr

4

Cohu, Inc. issued Q1 2026 earnings call summary detailing quarterly financial results, operational updates, and forward guidance. Quarterly earnings summaries provide critical financial metrics and outlook that drive stock volatility and long-term investor expectations.

4 transcript

Cohu (COHU) Q1 2026 earnings call transcript details financial results, outlook, and strategic updates from management. Q1 2026 earnings results and guidance significantly shape investor sentiment and stock trajectory.

4

Cohu, Inc. (COHU) reported first quarter 2026 financial results. Quarterly earnings reports significantly influence financial performance views and stock price movements.

4

Cohu (COHU) secures $30M in follow-on orders for its Eclipse HPC Test Platform. $30M follow-on orders demonstrate strong demand for Eclipse platform, enhancing revenue prospects and competitive positioning.

4

Apple's earnings report fades into the background as Cohu Inc. (COHU)'s new CEO prepares to take the reins, signaling a major leadership shift for the semiconductor equipment maker. New CEO's imminent takeover constitutes a major strategic leadership change capable of significantly influencing Cohu's direction and market performance.

3

Cohu, Inc. (COHU) released Q1 earnings call highlights detailing financial performance, operational updates, and forward guidance. Q1 earnings highlights affect key financial metrics and investor sentiment but are balanced by ongoing market dynamics.

3

Cohu (COHU) reported Q1 earnings below analyst estimates, with weaker-than-expected revenue due to soft semiconductor test demand. Missing Q1 earnings highlights financial underperformance likely to influence investor sentiment and near-term stock price.

stockrow.com/COHU · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com