
Cohu (COHU) Stock Forecast & Price Target
Cohu (COHU) Analyst Ratings
Bulls say
Cohu Inc. is experiencing promising revenue growth driven by emerging products such as Neon for High Bandwidth Memory (HBM), projected to increase sales from $11 million in 2025 to $18 million in 2026, reflecting a year-over-year growth of 65%. Additionally, the company's orders for systems and recurring revenue surged by 47% and 34% respectively in the fourth quarter of 2025, indicating robust customer engagement and demand across services and handler-related spares. The overall test cell utilization rate improved to 76% in the fourth quarter, up 150 basis points quarter-over-quarter, highlighting increased operational efficiency and potential for sustained revenue growth moving forward.
Bears say
Cohu Inc. is experiencing a negative outlook primarily due to elevated tax expenses and lowered earnings per share projections for 2026 and 2027, which have been adversely affected by model adjustments and pressures from a cyclical decline in the automotive and industrial semiconductor sectors. The company's recent fourth-quarter results reflected a revenue dip, with a notable decrease in system revenue and challenges in maintaining favorable gross margins, further exacerbated by one-time charges. Additionally, potential integration issues related to acquisitions and overall macroeconomic conditions could lead to ongoing inventory corrections and a decline in test cell utilization rates, which may deteriorate Cohu's financial performance in the near term.
This aggregate rating is based on analysts' research of Cohu and is not a guaranteed prediction by Public.com or investment advice.
Cohu (COHU) Analyst Forecast & Price Prediction
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