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Cohu/$COHU

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About Cohu

Cohu Inc is a supplier of semiconductor test and inspection handlers, micro-electro-mechanical system (MEMS) test modules, test contactors, and thermal sub-systems used by semiconductor manufacturers and test subcontractors. The company's products include Semiconductor ATE (Automated Test Equipment), Semiconductor Handlers, Interface Products such as test contactors, probe heads, and probe pins, Spares and Kits, Bare Board PCB Test Systems, and services. It has one reportable segment, Semiconductor Test and Inspection Equipment (Semiconductor Test & Inspection). Geographically, the company generates maximum revenue from the Philippines, followed by Taiwan, China, Malaysia, the United States, Singapore, and the Rest of the world.
Ticker
$COHU
Sector
Semiconductors
Primary listing
NASDAQ
Employees
2,777

Cohu Metrics

BasicAdvanced
$2.3B
-
-$0.48
1.51
-

What the Analysts think about Cohu

Analyst ratings (Buy, Hold, Sell) for Cohu stock.
Analyst projections of the future price of Cohu stock.

Bulls say / Bears say

Q2 sales rose 38% year on year to $149 million, and Cohu raised its 2026 revenue-growth outlook to about 35%, with Q3 sales guided to $170 million, plus or minus $7 million. Test-cell utilisation reached 80%, which management says is typically a point when core customers start increasing equipment spending. (Cohu, Inc.)
AI compute demand is showing up in customer adoption: Cohu raised its 2026 high-performance-computing revenue estimate to $100–$110 million and cited an annual opportunity pipeline of about $850 million. Its Eclipse thermal handler is being adopted for high-power processors used in data centres. (Cohu, Inc.)
Recurring products and software could make sales less reliant on lumpy equipment orders: recurring revenue was 53% of Q2 sales, while software analytics recorded its first $1 million revenue quarter and orders rose 140% year on year. (The Motley Fool)
Automotive remains a weak spot: Q2 system orders in that market fell 24% year on year, while utilisation remained in the high 70s, below computing and industrial. (The Motley Fool)
Strong sales have yet to deliver consistent GAAP profit: Cohu reported a small GAAP loss in Q2 and a $12.2 million loss for the first half of 2026. Management also warned that higher component costs and longer lead times could weigh on margins as HPC production ramps. (Cohu, Inc., The Motley Fool)
Much of the $850 million annual HPC opportunity is still early-stage: $445 million is in initial engagement and $250 million is in active qualification, compared with $190 million qualified. That leaves meaningful execution risk before the pipeline becomes sales. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.

Cohu Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Cohu Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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