NASDAQ: COHU

Cohu (COHU) Stock Analysis & Forecast

Oct 12 close

$65.21−2.98 (−4.4%)

Gekko Brief

AI summaryOct 12 close

Cohu's week centers on its upcoming Investor Day, scheduled for November 10, 2026 in New York City, where senior leadership will present a business update alongside a keynote from AMD, a major customer, on demand drivers for advanced computing chips. Alongside this, coverage has flagged valuation concerns, with one commentary describing shares as overvalued even after a strong year-to-date and one-year gain. Separate reporting also noted insider stock sales by a company insider and by CEO Luis A. Muller under a pre-arranged trading plan.

The stock closed at $65.21, down 4.4% on the day, though it remains above both its 50-day average of $57.48 and its 200-day average of $45.21, with the shorter average above the longer one. The GekkoIndex reads 53.2, placing Cohu in the Neutral zone. Price sits 13.2% above Gekko Fair Value of $57.60.

Earnings are set for 29 October 2026 after the close, 16 days out and within a typical 20-trading-day holding window; the prior quarter saw a 22% reaction following a beat of $0.13 versus a $0.04 estimate. Seasonality over the next 20 trading days has averaged a 12.2% move across 5 years, with gains in 4 of them. Consensus among 7 firms is unanimously positive, with a target of $70.88. No insider, Congress, or unusual options activity appears in the current windows.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Cohu price vs fair value

$65.21$57.60Oct ’25Apr ’26Oct ’26
Close $65.21200-day averageGekko Fair Value $57.60

Cohu quick facts

Market cap
$3.08B
P/E ratio
—
Forward P/E
33.7
EPS, TTM
−$0.83
Revenue, TTM
$522.6M
Profit margin
-7.4%
Dividend yield
—
Beta
1.51
Volume
976,402 avg 984,507
1-year return
+212.2%
Typical daily move
±5.1%
Typical 20-day move
±6.9%
50-day average
$57.48
200-day average
$45.21
Next earnings
Oct 29 after close
Shares outstanding
47.34M
52-week range
$19.82$75.72

Cohu swing-trade checklist

Cohu scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $65.21 is above the 50-day ($57.48) and 200-day ($45.21) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    53.2, Neutral

    Reading 53.2 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    13.2% above

    Price is 13.2% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 17 days

    Reports on Oct 29, 2026, 17 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +12.2% on average

    From this point in the calendar, the next 20 trading days averaged +12.2% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Cohu stock chart and price history

Cohu closed at $65.21 on Oct 12, 2026, +212.2% over the past year, inside a 52-week range of $19.82 to $75.72.

Close50-day average200-day averageVolume
Cohu share price, past year, with 50-day and 200-day moving averages and volume$20$40$60NovDecJan 2026FebMarAprMayJunJulAugSepOct65.21

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+14.2%
3 months
+16.9%
6 months
+73.3%
1 year
+212.2%
The full COHU chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open COHU in Gekko

Follow Cohu through every session

Put COHU on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Cohu

Cohu makes equipment used to test semiconductors and the electronic devices built from them, along with the services that go with it. Through its subsidiaries it reaches customers in China, the United States, Taiwan, Malaysia and the Philippines, supplying automated test systems for chips both at the wafer stage and once packaged. Its handler lineup covers pick-and-place, turret, gravity and strip designs, plus specialized MEMS and thermal sub-systems, and it also produces interface parts such as contactors, probe heads and pins.

Customers include semiconductor and electronics manufacturers as well as outside test subcontractors. Beyond selling hardware, Cohu supports its installed base with spare parts, warranty coverage, operator and maintenance training, and software for managing applications and data. Its DI-Core suite adds analytics on top of this equipment, letting customers watch performance in real time and adjust processes accordingly. Sales run through a direct team together with independent sales representatives.

Founded in 1947 as Cohu Electronics, Inc. and renamed Cohu, Inc. in 1972, the company is headquartered in Poway, California. Its shares trade on the NASDAQ under the ticker COHU.

Listed
NASDAQ
Sector
Electronic technology
Industry
Semiconductors
Website
cohu.com

Cohu GekkoIndex: the smart money zone

Cohu’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 53.2, in the Neutral zone, up 12.3 points over five sessions.

010053.2Neutral

Up 12.3 points over five sessions, from the Distribution zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying40−0.4%−1.2%−5.9%−3.2%
Accumulation195+0.9%+1.1%+3.5%+6.7%
Neutral (current zone)394+0.9%+2.1%+3.2%+7.5%
Distribution44+2.0%+2.6%+9.8%+21.1%
Selling9Too few readings yet

Average COHU share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the COHU price, zone by zone.Track COHU in Gekko

Is Cohu stock overvalued? Gekko Fair Value

Cohu trades 13.2% above Gekko Fair Value of $57.60, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Cohu shares are worth, recalculated every trading day.

$57.60

Gekko Fair Value, Oct 10, 2026

13.2% Overvalued

At the end of Aug 2026 the price was 26.7% below the estimate.

Gekko Fair ValueShare price, month end
$58$68Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open COHU in Gekko

Cohu insider and Congress trading

No open-market insider purchases were filed for Cohu, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for COHU in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every COHU insider filing, plotted on the chart in Gekko.Open COHU in Gekko

Congress trades last 90 days

No trades in COHU were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for COHU, plotted on the chart in Gekko.Open COHU in Gekko

Buybacks

Cohu has been buying back its own shares.

Bought back, quarter ended Jun 27, 2026
$1.15M
As a share of market cap
0.04%
Trailing four quarters
$7.55M

From company filings.

Cohu earnings: next date and track record

Cohu reports on Oct 29, 2026, after the close (17 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±6.1%average move across the report
7 of 8reports followed by a gain

Share-price move across each report

+5.4%Oct ’24+1.2%Feb ’25+4.3%May ’25+0.8%Jul ’25+2.5%Oct ’25−10.4%Feb ’26+2.0%Apr ’26+22.0%Jul ’26

Last earnings call, Jul 30, 2026 AI summary

What they said
Cohu reported a strong Q2 2026: revenue of $149M (+38% YoY), recurring revenue ~53% of total, gross margin 45.5%, non-GAAP EPS $0.26, and adjusted EBITDA 12%. Management highlighted robust demand for Eclipse high-performance-compute (HPC) handlers, HBM inspection, flexible ATE platforms, and software/analytics. Semiconductor test utilization improved to ~80% end of Q2, with computing and industrial the strongest end markets. Bookings were led by computing (46% of system orders, +150% YoY). Management described an $850M multi-stage pipeline (multiple customers in qualification/engagement), with 4 customers qualified today (3 HPC, 1 HBM). The company is expanding capacity (Malaysia factory and Philippines thermal-head work) to more than double HPC output by mid-2027 and potentially triple by year-end next year. Cash and investments rose to $498M; total debt $304M (includes $288M convertible debt). Q3 revenue guidance is ~$170M (+14% sequential, +35% YoY) with FY26 revenue guidance ~$610–615M (~35% growth). Management reiterated focus on execution, potential M&A to accelerate growth areas (HPC/software), and will host an investor day in November.
Guidance
Q3 2026 revenue approximately $170 million, plus or minus $7 million (about +14% sequential and +35% YoY). Full-year 2026 revenue target approximately $610–$615 million (implying ~35% YoY growth). Capital expenditures targeted at ~2% of revenue for 2026. Operating expense run-rate targeted around ~$54 million per quarter.
Risks flagged
Higher input costs (notably memory and some integrated circuits) and longer lead times; supply-chain and ramp risks as the company expands Malaysia production; dependence on a limited number of large customers (one industrial customer >10% of sales); soft/volatile automotive end market; timing risk around customer qualifications converting pipeline to revenue; $304M total debt including $288M convertible debt. Management noted they are beginning discussions with customers on passing through higher component costs.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 30, 2026$0.13
est $0.04
+225.0%$149.0M
est $144.2M
+3.3%+22.0%
Apr 30, 2026$0.01
est $0.03
−66.7%$125.1M
est $122.1M
+2.4%+2.0%
Feb 12, 2026−$0.15
est $0.07
−314.3%$122.2M
est $122.1M
+0.1%−10.4%
Oct 29, 2025−$0.06
est −$0.19
+68.4%$126.2M
est $122.1M
+3.4%+2.5%
Jul 31, 2025$0.02
est −$0.02
+200.0%$107.7M
est $114.5M
−5.9%+0.8%
May 1, 2025−$0.02
est −$0.16
+87.5%$96.80M
est $96.61M
+0.2%+4.3%
Feb 13, 2025−$0.15
est −$0.07
−114.3%$94.12M
est $95.11M
−1.0%+1.2%
Oct 31, 2024−$0.08
est −$0.08
0.0%$95.34M
est $95.10M
+0.3%+5.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Cohu stock forecast and analyst price targets

Analysts’ average 12-month price target for Cohu is $70.88, +8.7% from the last close, from 7 firms rating the stock in the last 90 days.

$70.88consensus 12-month target, +8.7% from the last close
Low $65High $80
Buy7
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 7 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Jul 31Craig-HallumBuy, reiterated$74+13.5%
Jul 31B. Riley SecuritiesBuy, reiterated$69+5.8%
Jul 31Stifel NicolausBuy, reiterated$70+7.3%
Jul 31Robert W. BairdBuy, maintained$70+7.3%
Jul 31NeedhamBuy, reiterated$65−0.3%
+3.2%average 20-day move after past Neutral readings
+12.2%average move over the next 20 trading days in the last 5 years
±5.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Cohu seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Cohu averaged +12.2% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+17.1%2021+21.1%2022−12.3%2023+15.6%2024+20.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.2%3 of 5
Next 10 trading days+3.1%3 of 5
Next 15 trading days+8.0%4 of 5
Next 20 trading days+12.2%4 of 5
Next 30 trading days+9.6%4 of 5

For scale, COHU’s typical 20-trading-day move in either direction is about 6.9%.

Cohu market cap and key statistics

Cohu’s market cap is $3.08B and revenue of $522.6M over the last twelve months.

Valuation

Market cap
$3.08B
Forward P/E
33.7
EPS, TTM
−$0.83
Gekko Fair Value
$57.60

Trading

Volume
976,402
Avg volume, 20 days
984,507
52-week high
$75.72
52-week low
$19.82
Shares outstanding
47.34M

Financials

Revenue, TTM
$522.6M
Profit margin
-7.4%
Return on equity
-4.8%
Quarterly earnings growth, YoY
−84.3%

Risk and income

Beta
1.51
Typical daily move
±5.1%
Typical 20-day move
±6.9%

Cohu peers

Cohu’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NVDANVIDIA−1.0%Neutral14.8% below
AVGOBroadcom−1.3%Neutral1.3% below
MUMicron Technology−1.3%Accumulation27.3% below
AMDAdvanced Micro Devices−0.9%Neutral13.2% above
INTCIntel−1.1%Accumulation1.5% above
TXNTexas Instruments+0.4%Neutral8.2% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Cohu stock FAQ

What is Cohu’s market cap?

Cohu’s market cap is $3.08B at the Oct 12, 2026 close of $65.21, with 47.34M shares outstanding.

What is the Cohu stock forecast?

The consensus analyst 12-month price target for Cohu is $70.88, +8.7% from the last close. Of the 7 firms that rated the stock in the last 90 days, 7 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Cohu stock overvalued or undervalued?

On Gekko’s estimate Cohu is overvalued: the Oct 12, 2026 close of $65.21 is 13.2% above Gekko Fair Value of $57.60. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Cohu report earnings next?

Cohu is expected to report on Oct 29, 2026, after the market closes (17 days away). Analysts expect earnings of $0.35 per share on revenue of $170.2M. Cohu beat the earnings estimate in 4 of its last 8 reports, moving 6.1% on average across the report.

What is Cohu’s 52-week high and low?

Cohu’s 52-week high is $75.72 and its 52-week low is $19.82; it closed at $65.21 on Oct 12, 2026, +212.2% over the past year.

Is Cohu stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (trend and seasonality), 1 as mixed (gekkoindex) and 2 as headwinds (fair value and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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