Zacks Research Upgrades Cohu (NASDAQ:COHU) to Strong-Buy

Cohu (NASDAQ:COHU) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other equities research analysts have also commented on COHU. Needham & Company LLC upped their price target on Cohu from $54.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cohu in a research note on Friday, July 17th. Jefferies Financial Group reiterated a “buy” rating and set a $74.00 target price on shares of Cohu in a report on Friday. B. Riley Financial increased their target price on shares of Cohu from $65.00 to $69.00 and gave the stock a “buy” rating in a research report on Friday. Finally, TD Cowen raised their price target on shares of Cohu from $60.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $68.75.

Cohu Stock Up 3.3%

Shares of NASDAQ COHU opened at $47.99 on Thursday. The stock has a market capitalization of $2.26 billion, a PE ratio of -57.82 and a beta of 1.55. The company has a quick ratio of 5.31, a current ratio of 6.43 and a debt-to-equity ratio of 0.37. The firm has a fifty day moving average of $56.71 and a 200-day moving average of $42.43. Cohu has a 52-week low of $17.80 and a 52-week high of $74.60.

Cohu (NASDAQ:COHU) last issued its earnings results on Thursday, July 30th. The semiconductor company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.12. Cohu had a negative return on equity of 1.95% and a negative net margin of 7.43%.The business had revenue of $149.00 million for the quarter, compared to analyst estimates of $144.20 million. During the same period last year, the company posted $0.02 EPS. The business’s quarterly revenue was up 38.3% on a year-over-year basis. On average, analysts anticipate that Cohu will post 0.17 EPS for the current year.

Insider Activity at Cohu

In other news, CEO Luis A. Muller sold 45,154 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $46.62, for a total value of $2,105,079.48. Following the completion of the sale, the chief executive officer directly owned 927,619 shares in the company, valued at approximately $43,245,597.78. The trade was a 4.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Jeffrey D. Jones sold 13,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $46.84, for a total value of $608,920.00. Following the sale, the chief financial officer directly owned 343,792 shares in the company, valued at approximately $16,103,217.28. This represents a 3.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 89,668 shares of company stock worth $4,210,016 over the last 90 days. Company insiders own 3.05% of the company’s stock.

Hedge Funds Weigh In On Cohu

A number of hedge funds have recently added to or reduced their stakes in COHU. Hollencrest Capital Management acquired a new stake in shares of Cohu during the first quarter worth $31,000. Kestra Advisory Services LLC acquired a new position in shares of Cohu in the 4th quarter valued at about $34,000. Farther Finance Advisors LLC grew its position in shares of Cohu by 45.0% during the 4th quarter. Farther Finance Advisors LLC now owns 1,456 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 452 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Cohu during the fourth quarter worth about $37,000. Finally, Gen Wealth Partners Inc acquired a new stake in Cohu during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 94.67% of the company’s stock.

Cohu News Summary

Here are the key news stories impacting Cohu this week:

• Positive Sentiment: Second-quarter results exceeded expectations: Cohu reported adjusted earnings of $0.26 per share versus the $0.14 consensus estimate, while revenue rose 38.3% year over year to $149.0 million, ahead of the $144.2 million forecast. Results benefited from AI-compute demand, higher tester and recurring-service sales, and a favorable product mix. COHU Q2 Earnings Beat Estimates on AI Compute and Favorable Mix
• Positive Sentiment: Strong third-quarter outlook: Management forecast revenue of $163 million to $177 million, well above the $146.6 million analyst consensus. The outlook suggests continued momentum from high-performance computing and semiconductor test demand. Cohu jumps on strong Q2 results, guidance
• Positive Sentiment: Analysts raised their valuations: B. Riley lifted its price target from $65 to $69 and assigned a Buy rating. Needham analyst Charles Shi also reiterated a Buy rating and raised his target to $65, citing accelerating growth and HPC tailwinds. B. Riley analyst action Needham analyst action
• Negative Sentiment: GAAP profitability remains a concern: Although adjusted earnings were positive, Cohu posted a GAAP loss of approximately $0.2 million for the quarter, alongside a negative net margin and negative return on equity. Investors may therefore focus on whether improving revenue and mix can translate into sustainable GAAP profits. Cohu Reports Second Quarter 2026 Results

Cohu Company Profile

Cohu, Inc is a global provider of semiconductor test and inspection solutions, offering a broad portfolio of products designed to support chip manufacturers, outsourced semiconductor assembly and test (OSAT) providers, and electronics original equipment manufacturers (OEMs). The company’s product lineup includes automatic test handlers, wafer probers, test sockets, thermal subassembly systems and burn-in boards, all engineered to optimize throughput, accuracy and reliability in semiconductor production and final test.

Founded in 1947 and headquartered in Poway, California, Cohu has grown through both organic development and targeted acquisitions to become a recognized leader in test handling and interconnect technologies.