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Cohu Inc

Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in the United States, Taiwan, China, Malaysia, the Philippines, Singapore, and internationally. It supplies test and inspection metrology automation systems, micro-electromechanical system test modules, test contactors, thermal subsystems, and data analytics software for semiconductor manufacturers and test subcontractors. The company also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, film frame, laser marker, and thermal sub-systems; interface products comprising test contactors, and probe heads and pins; spares and kits; various parts and labor warranties on test and handling systems, and instruments; and training on the maintenance and operation of its systems, as well as application, data management software, and consulting services on its products. In addition, it offers data analytics product that includes DI-Core, a software suite used to optimize Cohu equipment performance, which provides real-time online performance monitoring and process control. Further, the company provides artificial intelligence process control and analytics-based monitoring software. It markets its products through direct sales force and independent sales representatives. The company was formerly known as Cohu Electronics, Inc. and changed its name to Cohu, Inc. in 1972. Cohu, Inc. was incorporated in 1947 and is headquartered in San Diego, California.

Price · split & dividend adjusted
News & notes moving COHU
Artificial Intelligence

Stifel raises targets on Applied Materials, Lam, KLA on prolonged demand cycle

Stifel raised its price targets on semiconductor equipment makers Applied Materials, KLA, and Lam Research, citing a prolonged demand cycle driven by agentic AI. The firm increased its Applied Materials target to $650 from $530, KLA to $270 from $191, and Lam Research to $425 from $325, while maintaining Buy ratings on all three. Analysts project wafer fab equipment spending of $145 to $150 billion in 2026, rising to $192 billion in 2027 and $225 billion in 2028, supported by memory supply contracts with favorable pricing structures. Stifel also raised targets on Ichor Holdings to $115 from $76 and Cohu to $70 from $50, both rated Buy.
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Semiconductors

Cohu Stock Surges Nearly 6% After Baird Initiates Coverage with Outperform Rating

Cohu shares jumped almost 6% on Thursday after Baird analyst Quinn Fredrickson initiated coverage with an outperform rating and a $65 price target, implying nearly 18% upside. Fredrickson sees Cohu as well-positioned to benefit from the AI build-out through its software analytics, power management, and hardware testing services. He also views the semiconductor diagnostics company as a resilient play that can weather broader chip sector downturns.
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Semiconductors2

Cohu Taps AI and HBM Trends with Recurring Revenue and Recovery

Cohu is aligning its portfolio with AI infrastructure demand, seeing a computing segment pipeline of about $750 million, including roughly $650 million tied to test handlers. The company expects Neon HBM revenues to rise about 80% year over year to approximately $20 million in 2026, with repeat volume orders from U.S. and Korean customers. Recurring revenue represented about 60% of total revenue in the first quarter of 2026, supported by consumables, interfaces, software, upgrades, spares and services. First-quarter 2026 revenues rose 29% year over year to $125.1 million, and management expects full-year 2026 revenues to increase 20% to 25%. Cohu currently carries a Zacks Rank #2 (Buy).
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COHU

Cohu Director Steven Bilodeau Sold Over 10,000 Shares for $460,000

Cohu Director Steven Bilodeau sold 10,257 shares of the semiconductor test equipment provider in an open-market transaction on May 20, 2026, valued at approximately $460,000. The shares were sold at a reported price of $44.85 each, reducing his direct holdings by 16.40% from 62,529 to 52,272 shares. The sale occurred amid a 153.3% year-over-year surge in Cohu's stock price, which closed at $44.98 that day and later reached a multi-year high of $70.92 in June. Bilodeau retained a direct stake worth about $2.35 million and held no indirect or derivative positions. The transaction continues a pattern of net selling over the past two years, with this sale exceeding his average trade size of roughly 7,900 shares, reflecting a shrinking base of available shares.
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