Cohu (NASDAQ:COHU) Announces Quarterly Earnings Results

Key Points

• Cohu exceeded earnings expectations with a reported EPS of $0.02 for the quarter, surpassing the consensus estimate of ($0.02) by $0.04.
• The company experienced a revenue increase of 2.9% year-over-year, reporting $107.68 million, which also beat analysts' expectations of $106.00 million.
• Cohu's stock price increased by 7.1% during midday trading, reaching $19.13, following the earnings announcement.

Cohu (NASDAQ:COHU - Get Free Report) posted its quarterly earnings data on Thursday. The semiconductor company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.04, Briefing.com reports. The business had revenue of $107.68 million during the quarter, compared to the consensus estimate of $106.00 million. Cohu had a negative net margin of 22.11% and a negative return on equity of 3.71%. The business's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.01) earnings per share. Cohu updated its Q3 2025 guidance to EPS.

Cohu Stock Up 7.1%

NASDAQ:COHU traded up $1.27 during midday trading on Friday, hitting $19.13. 1,281,366 shares of the company were exchanged, compared to its average volume of 279,957. The company has a fifty day simple moving average of $19.04 and a 200 day simple moving average of $18.51. Cohu has a fifty-two week low of $12.57 and a fifty-two week high of $29.42. The company has a current ratio of 5.20, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $889.55 million, a PE ratio of -10.23 and a beta of 1.26.

Institutional Trading of Cohu

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its holdings in Cohu by 2,042.7% during the first quarter. Jane Street Group LLC now owns 162,674 shares of the semiconductor company's stock worth $2,393,000 after buying an additional 155,082 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Cohu in the first quarter valued at about $276,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Cohu by 3.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,214 shares of the semiconductor company's stock valued at $400,000 after purchasing an additional 905 shares in the last quarter. Hedge funds and other institutional investors own 94.67% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on COHU shares. Needham & Company LLC reissued a "hold" rating on shares of Cohu in a research note on Friday, May 2nd. TD Cowen dropped their price target on shares of Cohu from $27.00 to $22.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Stifel Nicolaus dropped their price target on shares of Cohu from $35.00 to $28.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Finally, Wall Street Zen cut shares of Cohu from a "hold" rating to a "sell" rating in a research note on Tuesday, May 13th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Cohu has a consensus rating of "Hold" and an average target price of $27.17.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors.

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