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NASDAQ · US · Semiconductor Equipment & Materials

COHU Cohu

Test handlers and interface

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$50.14
+4.55% today
1W
−6.9%
1M
−25.2%
3M
+18.1%
YTD
+115.5%
1Y
+119.4%
Off 52w high
−32.2%
Next earnings (est.): 2026-10-28
Market cap$2.27B
P/E (trailing)—Forward 26.5
EV / sales3.9×EV/EBITDA 160.3×
Revenue (TTM)$523MGrowth 38.4% y/y
Margins44.0%gross · op 0.6%
Free cash flow$66.29MCash $498M · debt $331M
Analyst target$70.88+41.4% upside · 8 analysts · strong buy
Riskβ 1.51Short 22.9% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

COHU · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-07-30EarningsBeat / raise

    Reported EPS 0.26 vs 0.14 expected (+87.4% surprise).

  2. 7
    2026-04-30EarningsMiss / cut

    Reported EPS 0.01 vs 0.03 expected (-68.2% surprise).

  3. 6
    2026-02-12EarningsMiss / cut

    Reported EPS -0.15 vs 0.06 expected (-341.9% surprise).

  4. 5
    2025-10-29EarningsBeat / raise

    Reported EPS -0.06 vs -0.2 expected (+69.7% surprise).

  5. 4
    2025-07-31EarningsBeat / raise

    Reported EPS 0.02 vs -0.02 expected (+220.0% surprise).

  6. 3
    2025-05-01EarningsBeat / raise

    Reported EPS -0.02 vs -0.17 expected (+88.0% surprise).

  7. 2
    2025-02-13EarningsMiss / cut

    Reported EPS -0.15 vs -0.09 expected (-60.7% surprise).

  8. 1
    2024-10-31EarningsMiss / cut

    Reported EPS -0.08 vs -0.07 expected (-10.3% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-07-300.140.26+87.4%
2026-04-300.030.01−68.2%
2026-02-120.06-0.15−341.9%
2025-10-29-0.2-0.06+69.7%
2025-07-31-0.020.02+220.0%
2025-05-01-0.17-0.02+88.0%
2025-02-13-0.09-0.15−60.7%
2024-10-31-0.07-0.08−10.3%
2024-07-31-0.02-0.01+55.8%
2024-05-02-0.010.01+189.8%
2024-02-150.230.23+1.7%
2023-11-020.320.35+9.2%
2023-08-030.440.48+10.0%
2023-05-040.540.56+4.1%
2023-02-160.60.7+16.8%
2022-10-270.680.74+8.8%
2022-07-280.710.81+13.7%
2022-04-280.560.66+17.4%
2022-02-100.540.72+33.9%
2021-10-280.690.7+1.0%
2021-07-290.80.89+11.7%
2021-04-290.790.89+12.4%
2021-02-110.610.73+20.4%
2020-10-290.190.27+44.3%

About Cohu

Website ↗

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 applicat…

2,777 employees · San Diego, United States

Bigger dies, more chiplets and HBM stacks multiply test time. SoC and memory testers become a quiet throughput gate for every accelerator shipped.

Wafer probe→Final test→Burn-in→Ship

What would prove us wrong. Weakens if tester lead times shorten while accelerator unit volumes rise.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
6857.T
Advantest
SoC and memory testers for AI accelerators and HBM ¥31,070−3.93%−6.0%+58.5%
TER
Teradyne
SoC test plus Universal Robots cobots $315.4+2.11%−20.8%+63.1%
FORM
FormFactor
Probe cards incl. HBM wafer probe $103.1+4.66%−20.5%+84.8%
AEHR
Aehr Test Systems
Wafer-level burn-in $58.29+5.39%−44.2%+188.7%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.