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

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

A number of other equities research analysts have also weighed in on the stock. Craig Hallum restated a “buy” rating and issued a $74.00 target price on shares of Cohu in a report on Friday. TD Cowen lifted their price target on Cohu from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Stifel Nicolaus increased their price objective on Cohu from $50.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Robert W. Baird began coverage on Cohu in a research note on Wednesday, July 8th. They issued an “outperform” rating and a $65.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cohu in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $68.75.

Cohu Trading Up 3.3%

NASDAQ COHU opened at $47.99 on Thursday. The company has a quick ratio of 5.31, a current ratio of 6.43 and a debt-to-equity ratio of 0.37. Cohu has a 52 week low of $17.80 and a 52 week high of $74.60. The business has a 50 day moving average price of $56.71 and a 200-day moving average price of $42.43. The company has a market cap of $2.26 billion, a price-to-earnings ratio of -57.82 and a beta of 1.55.

Cohu (NASDAQ:COHU) last issued its earnings results on Thursday, July 30th. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $149.00 million for the quarter, compared to analysts’ expectations of $144.20 million. During the same period last year, the business earned $0.02 EPS. Cohu’s quarterly revenue was up 38.3% compared to the same quarter last year. As a group, equities analysts expect that Cohu will post 0.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Steven J. Bilodeau sold 10,257 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $44.85, for a total transaction of $460,026.45. Following the completion of the sale, the director directly owned 52,272 shares of the company’s stock, valued at approximately $2,344,399.20. This trade represents a 16.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jeffrey D. Jones sold 13,000 shares of Cohu stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $46.84, for a total value of $608,920.00. Following the sale, the chief financial officer owned 343,792 shares in the company, valued at $16,103,217.28. This trade represents a 3.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 89,668 shares of company stock worth $4,210,016 in the last ninety days. 3.05% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Hollencrest Capital Management purchased a new stake in Cohu during the first quarter worth about $31,000. 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 acquiring an additional 452 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Cohu during the 4th quarter valued at approximately $34,000. Los Angeles Capital Management LLC purchased a new stake in shares of Cohu during the 4th quarter worth approximately $37,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Cohu by 202.7% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,113 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 1,415 shares during the last quarter. Institutional investors own 94.67% of the company’s stock.

Trending Headlines about Cohu

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.